Dallas, Texas prices: $1 in 1967 $9.30 in 2024

Inflation in Texas

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Prices in Dallas, 1967-2024 ($1)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 830.22% higher in 2024 versus 1967 (a $8.30 difference in value).

Between 1967 and 2024: Dallas experienced an average inflation rate of 3.99% per year. This rate of change indicates significant inflation. In other words, $1 in Dallas in the year 1967 would cost $9.30 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.98% during this same period, inflation in Dallas was higher.

In the year 1967: Pricing changed by 3.08%, which is below the average yearly change in Dallas during the 1967-2024 time period. Compared to inflation for all items in 1967 (2.80%), 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 $1.00 since 1967

Below are calculations of equivalent buying power in Dallas, over time, for $1 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1967$1.003.08%
1968$1.044.14%
1969$1.116.31%
1970$1.186.22%
1971$1.213.07%
1972$1.252.92%
1973$1.315.18%
1974$1.449.92%
1975$1.589.24%
1976$1.676.10%
1977$1.797.36%
1978$1.937.82%
1979$2.1812.42%
1980$2.5416.95%
1981$2.8411.74%
1982$3.016.04%
1983$3.123.66%
1984$3.274.70%
1985$3.393.75%
1986$3.451.75%
1987$3.542.49%
1988$3.642.91%
1989$3.752.99%
1990$3.924.52%
1991$4.104.68%
1992$4.202.42%
1993$4.312.50%
1994$4.432.83%
1995$4.552.61%
1996$4.672.74%
1997$4.751.78%
1998$4.821.42%
1999$4.962.82%
2000$5.174.20%
2001$5.353.53%
2002$5.421.36%
2003$5.532.11%
2004$5.611.33%
2005$5.793.23%
2006$5.973.12%
2007$6.061.50%
2008$6.344.58%
2009$6.30-0.66%
2010$6.330.59%
2011$6.523.03%
2012$6.662.10%
2013$6.781.81%
2014$6.861.19%
2015$6.83-0.50%
2016$6.921.40%
2017$7.102.55%
2018$7.312.94%
2019$7.462.10%
2020$7.510.62%
2021$7.895.03%
2022$8.588.83%
2023$9.045.27%
2024$9.302.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1967 * 1967 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 31.833 in the year 1967 and 296.121 in 2024:

296.121 / 31.833 * $1 = $9.30

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1967 has the same "purchasing power" as $9.30 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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