Dallas, Texas prices: $5,500 in 1970 $43,635.67 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($5,500)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $38,135.67 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, $5,500 in Dallas in the year 1970 would cost $43,635.67 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%).

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Buying power of $5,500.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $5,500 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$5,500.006.22%
1971$5,668.973.07%
1972$5,834.262.92%
1973$6,136.695.18%
1974$6,745.219.92%
1975$7,368.439.24%
1976$7,817.796.10%
1977$8,393.257.36%
1978$9,049.537.82%
1979$10,173.5312.42%
1980$11,897.4816.95%
1981$13,294.5211.74%
1982$14,097.736.04%
1983$14,613.203.66%
1984$15,300.094.70%
1985$15,873.113.75%
1986$16,151.051.75%
1987$16,553.872.49%
1988$17,035.062.91%
1989$17,544.412.99%
1990$18,337.824.52%
1991$19,196.134.68%
1992$19,661.402.42%
1993$20,153.612.50%
1994$20,722.952.83%
1995$21,262.912.61%
1996$21,844.502.74%
1997$22,233.861.78%
1998$22,548.531.42%
1999$23,185.222.82%
2000$24,159.844.20%
2001$25,012.023.53%
2002$25,352.401.36%
2003$25,886.242.11%
2004$26,231.521.33%
2005$27,078.813.23%
2006$27,923.643.12%
2007$28,342.951.50%
2008$29,639.744.58%
2009$29,444.25-0.66%
2010$29,617.550.59%
2011$30,514.473.03%
2012$31,154.782.10%
2013$31,719.961.81%
2014$32,096.571.19%
2015$31,936.17-0.50%
2016$32,384.051.40%
2017$33,209.352.55%
2018$34,186.642.94%
2019$34,904.412.10%
2020$35,120.830.62%
2021$36,888.675.03%
2022$40,144.228.83%
2023$42,259.155.27%
2024$43,635.673.26%*

* 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 * $5,500 = $43,635.67

Therefore, according to U.S. Bureau of Labor Statistics, $5,500 in 1970 has the same "purchasing power" as $43,635.67 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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