Dallas, Texas prices: $20,000 in 1967 $186,588.69 in 2024

Inflation in Texas

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Prices in Dallas, 1967-2024 ($20,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 832.94% higher in 2024 versus 1967 (a $166,588.69 difference in value).

Between 1967 and 2024: Dallas experienced an average inflation rate of 4% per year. This rate of change indicates significant inflation. In other words, $20,000 in Dallas in the year 1967 would cost $186,588.69 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.99% 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 $20,000.00 since 1967

Below are calculations of equivalent buying power in Dallas, over time, for $20,000 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1967$20,000.003.08%
1968$20,827.234.14%
1969$22,141.366.31%
1970$23,518.326.22%
1971$24,240.843.07%
1972$24,947.642.92%
1973$26,240.845.18%
1974$28,842.939.92%
1975$31,507.859.24%
1976$33,429.326.10%
1977$35,890.057.36%
1978$38,696.347.82%
1979$43,502.6212.42%
1980$50,874.3516.95%
1981$56,848.1711.74%
1982$60,282.726.04%
1983$62,486.913.66%
1984$65,424.084.70%
1985$67,874.353.75%
1986$69,062.831.75%
1987$70,785.342.49%
1988$72,842.932.91%
1989$75,020.942.99%
1990$78,413.614.52%
1991$82,083.774.68%
1992$84,073.302.42%
1993$86,178.012.50%
1994$88,612.572.83%
1995$90,921.472.61%
1996$93,408.382.74%
1997$95,073.301.78%
1998$96,418.851.42%
1999$99,141.362.82%
2000$103,308.904.20%
2001$106,952.883.53%
2002$108,408.381.36%
2003$110,691.102.11%
2004$112,167.541.33%
2005$115,790.583.23%
2006$119,403.143.12%
2007$121,196.131.50%
2008$126,741.264.58%
2009$125,905.34-0.66%
2010$126,646.390.59%
2011$130,481.683.03%
2012$133,219.692.10%
2013$135,636.441.81%
2014$137,246.811.19%
2015$136,560.94-0.50%
2016$138,476.131.40%
2017$142,005.132.55%
2018$146,184.082.94%
2019$149,253.302.10%
2020$150,178.740.62%
2021$157,738.125.03%
2022$171,659.068.83%
2023$180,702.625.27%
2024$186,588.693.26%*

* 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 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 296.987 in 2024:

296.987 / 31.833 * $20,000 = $186,588.69

Therefore, according to U.S. Bureau of Labor Statistics, $20,000 in 1967 has the same "purchasing power" as $186,588.69 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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