Dallas, Texas prices: $37,000 in 1970 $293,549.04 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($37,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $256,549.04 difference in value).

Between 1970 and 2024: Dallas experienced an average inflation rate of 3.91% per year. This rate of change indicates significant inflation. In other words, $37,000 in Dallas in the year 1970 would cost $293,549.04 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.93% during this same period, inflation in Dallas was lower.

In the year 1970: Pricing changed by 6.22%, which is above the average yearly change in Dallas during the 1970-2024 time period. Compared to inflation for all items in 1970 (5.83%), inflation in Dallas was higher.

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 $37,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $37,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$37,000.006.22%
1971$38,136.693.07%
1972$39,248.662.92%
1973$41,283.175.18%
1974$45,376.899.92%
1975$49,569.469.24%
1976$52,592.396.10%
1977$56,463.717.36%
1978$60,878.677.82%
1979$68,440.1212.42%
1980$80,037.6216.95%
1981$89,435.8911.74%
1982$94,839.276.04%
1983$98,306.993.66%
1984$102,927.874.70%
1985$106,782.723.75%
1986$108,652.491.75%
1987$111,362.422.49%
1988$114,599.512.91%
1989$118,026.052.99%
1990$123,363.544.52%
1991$129,137.584.68%
1992$132,267.592.42%
1993$135,578.812.50%
1994$139,408.952.83%
1995$143,041.412.61%
1996$146,953.922.74%
1997$149,573.241.78%
1998$151,690.121.42%
1999$155,973.292.82%
2000$162,529.834.20%
2001$168,262.693.53%
2002$170,552.541.36%
2003$174,143.812.11%
2004$176,466.611.33%
2005$182,166.523.23%
2006$187,849.963.12%
2007$190,670.751.50%
2008$199,394.584.58%
2009$198,079.48-0.66%
2010$199,245.330.59%
2011$205,279.163.03%
2012$209,586.712.10%
2013$213,388.851.81%
2014$215,922.351.19%
2015$214,843.32-0.50%
2016$217,856.361.40%
2017$223,408.342.55%
2018$229,982.842.94%
2019$234,811.462.10%
2020$236,267.400.62%
2021$248,160.125.03%
2022$270,061.128.83%
2023$284,288.825.27%
2024$293,549.043.26%*

* 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 1970 * 1970 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 37.433 in the year 1970 and 296.987 in 2024:

296.987 / 37.433 * $37,000 = $293,549.04

Therefore, according to U.S. Bureau of Labor Statistics, $37,000 in 1970 has the same "purchasing power" as $293,549.04 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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