Dallas, Texas prices: $5.79 in 1967 $54.02 in 2024

Inflation in Texas

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Prices in Dallas, 1967-2024 ($5.79)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 832.94% higher in 2024 versus 1967 (a $48.23 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, $5.79 in Dallas in the year 1967 would cost $54.02 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
Food · New trucks · Electricity · Public transportation · More

Buying power of $5.79 since 1967

Below are calculations of equivalent buying power in Dallas, over time, for $5.79 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1967$5.793.08%
1968$6.034.14%
1969$6.416.31%
1970$6.816.22%
1971$7.023.07%
1972$7.222.92%
1973$7.605.18%
1974$8.359.92%
1975$9.129.24%
1976$9.686.10%
1977$10.397.36%
1978$11.207.82%
1979$12.5912.42%
1980$14.7316.95%
1981$16.4611.74%
1982$17.456.04%
1983$18.093.66%
1984$18.944.70%
1985$19.653.75%
1986$19.991.75%
1987$20.492.49%
1988$21.092.91%
1989$21.722.99%
1990$22.704.52%
1991$23.764.68%
1992$24.342.42%
1993$24.952.50%
1994$25.652.83%
1995$26.322.61%
1996$27.042.74%
1997$27.521.78%
1998$27.911.42%
1999$28.702.82%
2000$29.914.20%
2001$30.963.53%
2002$31.381.36%
2003$32.052.11%
2004$32.471.33%
2005$33.523.23%
2006$34.573.12%
2007$35.091.50%
2008$36.694.58%
2009$36.45-0.66%
2010$36.660.59%
2011$37.773.03%
2012$38.572.10%
2013$39.271.81%
2014$39.731.19%
2015$39.53-0.50%
2016$40.091.40%
2017$41.112.55%
2018$42.322.94%
2019$43.212.10%
2020$43.480.62%
2021$45.675.03%
2022$49.708.83%
2023$52.315.27%
2024$54.023.26%*

* 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 * $5.79 = $54.02

Therefore, according to U.S. Bureau of Labor Statistics, $5.79 in 1967 has the same "purchasing power" as $54.02 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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