Dallas, Texas prices: $7,700 in 1968 $68,983.41 in 2024

Inflation in Texas

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Prices in Dallas, 1968-2024 ($7,700)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 795.89% higher in 2024 versus 1968 (a $61,283.41 difference in value).

Between 1968 and 2024: Dallas experienced an average inflation rate of 3.99% per year. This rate of change indicates significant inflation. In other words, $7,700 in Dallas in the year 1968 would cost $68,983.41 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.99% during this same period, inflation in Dallas was higher.

In the year 1968: Pricing changed by 4.14%, which is above the average yearly change in Dallas during the 1968-2024 time period. Compared to inflation for all items in 1968 (4.27%), inflation in Dallas was lower.

Price Inflation in Dallas-Fort Worth, Texas since 1963

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1980 (16.95%), 1979 (12.42%), and 1981 (11.74%).

View price changes for other categories
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Buying power of $7,700.00 since 1968

Below are calculations of equivalent buying power in Dallas, over time, for $7,700 beginning in 1968. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1968$7,700.004.14%
1969$8,185.856.31%
1970$8,694.926.22%
1971$8,962.043.07%
1972$9,223.352.92%
1973$9,701.465.18%
1974$10,663.479.92%
1975$11,648.729.24%
1976$12,359.106.10%
1977$13,268.857.36%
1978$14,306.367.82%
1979$16,083.2812.42%
1980$18,808.6716.95%
1981$21,017.2411.74%
1982$22,287.036.04%
1983$23,101.943.66%
1984$24,187.834.70%
1985$25,093.723.75%
1986$25,533.111.75%
1987$26,169.932.49%
1988$26,930.642.91%
1989$27,735.872.99%
1990$28,990.174.52%
1991$30,347.064.68%
1992$31,082.602.42%
1993$31,860.732.50%
1994$32,760.812.83%
1995$33,614.432.61%
1996$34,533.862.74%
1997$35,149.401.78%
1998$35,646.861.42%
1999$36,653.392.82%
2000$38,194.174.20%
2001$39,541.383.53%
2002$40,079.491.36%
2003$40,923.432.11%
2004$41,469.281.33%
2005$42,808.753.23%
2006$44,144.343.12%
2007$44,807.231.50%
2008$46,857.314.58%
2009$46,548.26-0.66%
2010$46,822.230.59%
2011$48,240.173.03%
2012$49,252.442.10%
2013$50,145.931.81%
2014$50,741.301.19%
2015$50,487.73-0.50%
2016$51,195.791.40%
2017$52,500.492.55%
2018$54,045.482.94%
2019$55,180.202.10%
2020$55,522.340.62%
2021$58,317.115.03%
2022$63,463.798.83%
2023$66,807.285.27%
2024$68,983.413.26%*

* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.


Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Dallas-Fort Worth, Texas:

Year19631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.987

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1968 * 1968 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 33.150 in the year 1968 and 296.987 in 2024:

296.987 / 33.150 * $7,700 = $68,983.41

Therefore, according to U.S. Bureau of Labor Statistics, $7,700 in 1968 has the same "purchasing power" as $68,983.41 in 2024 (in the CPI category of Dallas-Fort Worth, Texas).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Dallas-Fort Worth, Texas in 1963. In addition to Dallas, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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