Dallas, Texas prices: $3.50 in 1967 $32.65 in 2024

Inflation in Texas

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Prices in Dallas, 1967-2024 ($3.50)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 832.94% higher in 2024 versus 1967 (a $29.15 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, $3.50 in Dallas in the year 1967 would cost $32.65 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 $3.50 since 1967

Below are calculations of equivalent buying power in Dallas, over time, for $3.50 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1967$3.503.08%
1968$3.644.14%
1969$3.876.31%
1970$4.126.22%
1971$4.243.07%
1972$4.372.92%
1973$4.595.18%
1974$5.059.92%
1975$5.519.24%
1976$5.856.10%
1977$6.287.36%
1978$6.777.82%
1979$7.6112.42%
1980$8.9016.95%
1981$9.9511.74%
1982$10.556.04%
1983$10.943.66%
1984$11.454.70%
1985$11.883.75%
1986$12.091.75%
1987$12.392.49%
1988$12.752.91%
1989$13.132.99%
1990$13.724.52%
1991$14.364.68%
1992$14.712.42%
1993$15.082.50%
1994$15.512.83%
1995$15.912.61%
1996$16.352.74%
1997$16.641.78%
1998$16.871.42%
1999$17.352.82%
2000$18.084.20%
2001$18.723.53%
2002$18.971.36%
2003$19.372.11%
2004$19.631.33%
2005$20.263.23%
2006$20.903.12%
2007$21.211.50%
2008$22.184.58%
2009$22.03-0.66%
2010$22.160.59%
2011$22.833.03%
2012$23.312.10%
2013$23.741.81%
2014$24.021.19%
2015$23.90-0.50%
2016$24.231.40%
2017$24.852.55%
2018$25.582.94%
2019$26.122.10%
2020$26.280.62%
2021$27.605.03%
2022$30.048.83%
2023$31.625.27%
2024$32.653.26%*

* 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 * $3.50 = $32.65

Therefore, according to U.S. Bureau of Labor Statistics, $3.50 in 1967 has the same "purchasing power" as $32.65 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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