Dallas, Texas prices: $5 in 1967 $46.65 in 2024

Inflation in Texas

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Prices in Dallas, 1967-2024 ($5)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 832.94% higher in 2024 versus 1967 (a $41.65 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, $5 in Dallas in the year 1967 would cost $46.65 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 $5.00 since 1967

Below are calculations of equivalent buying power in Dallas, over time, for $5 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1967$5.003.08%
1968$5.214.14%
1969$5.546.31%
1970$5.886.22%
1971$6.063.07%
1972$6.242.92%
1973$6.565.18%
1974$7.219.92%
1975$7.889.24%
1976$8.366.10%
1977$8.977.36%
1978$9.677.82%
1979$10.8812.42%
1980$12.7216.95%
1981$14.2111.74%
1982$15.076.04%
1983$15.623.66%
1984$16.364.70%
1985$16.973.75%
1986$17.271.75%
1987$17.702.49%
1988$18.212.91%
1989$18.762.99%
1990$19.604.52%
1991$20.524.68%
1992$21.022.42%
1993$21.542.50%
1994$22.152.83%
1995$22.732.61%
1996$23.352.74%
1997$23.771.78%
1998$24.101.42%
1999$24.792.82%
2000$25.834.20%
2001$26.743.53%
2002$27.101.36%
2003$27.672.11%
2004$28.041.33%
2005$28.953.23%
2006$29.853.12%
2007$30.301.50%
2008$31.694.58%
2009$31.48-0.66%
2010$31.660.59%
2011$32.623.03%
2012$33.302.10%
2013$33.911.81%
2014$34.311.19%
2015$34.14-0.50%
2016$34.621.40%
2017$35.502.55%
2018$36.552.94%
2019$37.312.10%
2020$37.540.62%
2021$39.435.03%
2022$42.918.83%
2023$45.185.27%
2024$46.653.26%*

* 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 * $5 = $46.65

Therefore, according to U.S. Bureau of Labor Statistics, $5 in 1967 has the same "purchasing power" as $46.65 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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