Dallas, Texas prices: $50,000,000,000 in 1970 $396,687,889,581.48 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($50,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $346,687,889,581.48 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, $50,000,000,000 in Dallas in the year 1970 would cost $396,687,889,581.48 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.92% 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 $50,000,000,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $50,000,000,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$50,000,000,000.006.22%
1971$51,536,064,113.983.07%
1972$53,038,735,529.832.92%
1973$55,788,067,675.875.18%
1974$61,320,124,666.079.92%
1975$66,985,752,448.809.24%
1976$71,070,792,520.046.10%
1977$76,302,315,227.077.36%
1978$82,268,477,292.977.82%
1979$92,486,642,920.7512.42%
1980$108,158,949,243.1016.95%
1981$120,859,305,431.8811.74%
1982$128,161,175,422.976.04%
1983$132,847,284,060.553.66%
1984$139,091,718,610.864.70%
1985$144,300,979,519.153.75%
1986$146,827,693,677.651.75%
1987$150,489,759,572.572.49%
1988$154,864,203,027.602.91%
1989$159,494,657,168.302.99%
1990$166,707,479,964.384.52%
1991$174,510,240,427.434.68%
1992$178,739,982,190.562.42%
1993$183,214,603,739.982.50%
1994$188,390,471,950.132.83%
1995$193,299,198,575.242.61%
1996$198,586,375,779.162.74%
1997$202,126,001,780.941.78%
1998$204,986,642,920.751.42%
1999$210,774,710,596.622.82%
2000$219,634,906,500.454.20%
2001$227,382,012,466.613.53%
2002$230,476,402,493.321.36%
2003$235,329,474,621.552.11%
2004$238,468,388,245.771.33%
2005$246,170,970,614.433.23%
2006$253,851,291,184.333.12%
2007$257,663,178,984.861.50%
2008$269,452,137,132.684.58%
2009$267,674,977,738.20-0.66%
2010$269,250,445,235.980.59%
2011$277,404,274,265.363.03%
2012$283,225,289,403.382.10%
2013$288,363,312,555.651.81%
2014$291,786,954,585.931.19%
2015$290,328,806,767.59-0.50%
2016$294,400,489,759.571.40%
2017$301,903,161,175.422.55%
2018$310,787,622,439.892.94%
2019$317,312,778,272.482.10%
2020$319,280,276,046.300.62%
2021$335,351,513,802.325.03%
2022$364,947,462,154.948.83%
2023$384,174,087,266.255.27%
2024$396,687,889,581.483.26%*

* 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 * $50,000,000,000 = $396,687,889,581.48

Therefore, according to U.S. Bureau of Labor Statistics, $50,000,000,000 in 1970 has the same "purchasing power" as $396,687,889,581.48 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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