Dallas, Texas prices: $7,200 in 1967 $67,171.93 in 2024

Inflation in Texas

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Prices in Dallas, 1967-2024 ($7,200)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 832.94% higher in 2024 versus 1967 (a $59,971.93 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, $7,200 in Dallas in the year 1967 would cost $67,171.93 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
Hospital services · Gasoline (all types) · New cars · Juices and nonalcoholic drinks · More

Buying power of $7,200.00 since 1967

Below are calculations of equivalent buying power in Dallas, over time, for $7,200 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1967$7,200.003.08%
1968$7,497.804.14%
1969$7,970.896.31%
1970$8,466.606.22%
1971$8,726.703.07%
1972$8,981.152.92%
1973$9,446.705.18%
1974$10,383.469.92%
1975$11,342.839.24%
1976$12,034.556.10%
1977$12,920.427.36%
1978$13,930.687.82%
1979$15,660.9412.42%
1980$18,314.7616.95%
1981$20,465.3411.74%
1982$21,701.786.04%
1983$22,495.293.66%
1984$23,552.674.70%
1985$24,434.763.75%
1986$24,862.621.75%
1987$25,482.722.49%
1988$26,223.462.91%
1989$27,007.542.99%
1990$28,228.904.52%
1991$29,550.164.68%
1992$30,266.392.42%
1993$31,024.082.50%
1994$31,900.522.83%
1995$32,731.732.61%
1996$33,627.022.74%
1997$34,226.391.78%
1998$34,710.791.42%
1999$35,690.892.82%
2000$37,191.204.20%
2001$38,503.043.53%
2002$39,027.021.36%
2003$39,848.802.11%
2004$40,380.311.33%
2005$41,684.613.23%
2006$42,985.133.12%
2007$43,630.611.50%
2008$45,626.854.58%
2009$45,325.92-0.66%
2010$45,592.700.59%
2011$46,973.403.03%
2012$47,959.092.10%
2013$48,829.121.81%
2014$49,408.851.19%
2015$49,161.94-0.50%
2016$49,851.411.40%
2017$51,121.852.55%
2018$52,626.272.94%
2019$53,731.192.10%
2020$54,064.350.62%
2021$56,785.725.03%
2022$61,797.268.83%
2023$65,052.945.27%
2024$67,171.933.26%*

* 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 * $7,200 = $67,171.93

Therefore, according to U.S. Bureau of Labor Statistics, $7,200 in 1967 has the same "purchasing power" as $67,171.93 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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