Dallas, Texas prices: $63,000,000,000 in 1970 $499,826,740,872.66 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($63,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $436,826,740,872.66 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, $63,000,000,000 in Dallas in the year 1970 would cost $499,826,740,872.66 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
Gasoline (all types) · Medical care · Milk · Dental services · More

Buying power of $63,000,000,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $63,000,000,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$63,000,000,000.006.22%
1971$64,935,440,783.623.07%
1972$66,828,806,767.592.92%
1973$70,292,965,271.595.18%
1974$77,263,357,079.259.92%
1975$84,402,048,085.499.24%
1976$89,549,198,575.246.10%
1977$96,140,917,186.117.36%
1978$103,658,281,389.147.82%
1979$116,533,170,080.1412.42%
1980$136,280,276,046.3016.95%
1981$152,282,724,844.1711.74%
1982$161,483,081,032.956.04%
1983$167,387,577,916.303.66%
1984$175,255,565,449.694.70%
1985$181,819,234,194.123.75%
1986$185,002,894,033.841.75%
1987$189,617,097,061.442.49%
1988$195,128,895,814.782.91%
1989$200,963,268,032.062.99%
1990$210,051,424,755.124.52%
1991$219,882,902,938.564.68%
1992$225,212,377,560.112.42%
1993$230,850,400,712.382.50%
1994$237,371,994,657.172.83%
1995$243,556,990,204.812.61%
1996$250,218,833,481.752.74%
1997$254,678,762,243.991.78%
1998$258,283,170,080.141.42%
1999$265,576,135,351.742.82%
2000$276,739,982,190.564.20%
2001$286,501,335,707.933.53%
2002$290,400,267,141.591.36%
2003$296,515,138,023.152.11%
2004$300,470,169,189.671.33%
2005$310,175,422,974.183.23%
2006$319,852,626,892.253.12%
2007$324,655,605,520.931.50%
2008$339,509,692,787.184.58%
2009$337,270,471,950.13-0.66%
2010$339,255,560,997.330.59%
2011$349,529,385,574.353.03%
2012$356,863,864,648.262.10%
2013$363,337,773,820.121.81%
2014$367,651,562,778.271.19%
2015$365,814,296,527.16-0.50%
2016$370,944,617,097.061.40%
2017$380,397,983,081.032.55%
2018$391,592,404,274.272.94%
2019$399,814,100,623.332.10%
2020$402,293,147,818.340.62%
2021$422,542,907,390.925.03%
2022$459,833,802,315.238.83%
2023$484,059,349,955.485.27%
2024$499,826,740,872.663.26%*

* 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 * $63,000,000,000 = $499,826,740,872.66

Therefore, according to U.S. Bureau of Labor Statistics, $63,000,000,000 in 1970 has the same "purchasing power" as $499,826,740,872.66 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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