Dallas, Texas prices: $1.60 in 1968 $14.29 in 2024

Inflation in Texas

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Prices in Dallas, 1968-2024 ($1.60)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 793.28% higher in 2024 versus 1968 (a $12.69 difference in value).

Between 1968 and 2024: Dallas experienced an average inflation rate of 3.99% per year. This rate of change indicates significant inflation. In other words, $1.60 in Dallas in the year 1968 would cost $14.29 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.98% during this same period, inflation in Dallas was higher.

In the year 1968: Pricing changed by 4.14%, which is above the average yearly change in Dallas during the 1968-2024 time period. Compared to inflation for all items in 1968 (4.27%), inflation in Dallas was lower.

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 $1.60 since 1968

Below are calculations of equivalent buying power in Dallas, over time, for $1.60 beginning in 1968. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1968$1.604.14%
1969$1.706.31%
1970$1.816.22%
1971$1.863.07%
1972$1.922.92%
1973$2.025.18%
1974$2.229.92%
1975$2.429.24%
1976$2.576.10%
1977$2.767.36%
1978$2.977.82%
1979$3.3412.42%
1980$3.9116.95%
1981$4.3711.74%
1982$4.636.04%
1983$4.803.66%
1984$5.034.70%
1985$5.213.75%
1986$5.311.75%
1987$5.442.49%
1988$5.602.91%
1989$5.762.99%
1990$6.024.52%
1991$6.314.68%
1992$6.462.42%
1993$6.622.50%
1994$6.812.83%
1995$6.982.61%
1996$7.182.74%
1997$7.301.78%
1998$7.411.42%
1999$7.622.82%
2000$7.944.20%
2001$8.223.53%
2002$8.331.36%
2003$8.502.11%
2004$8.621.33%
2005$8.903.23%
2006$9.173.12%
2007$9.311.50%
2008$9.744.58%
2009$9.67-0.66%
2010$9.730.59%
2011$10.023.03%
2012$10.232.10%
2013$10.421.81%
2014$10.541.19%
2015$10.49-0.50%
2016$10.641.40%
2017$10.912.55%
2018$11.232.94%
2019$11.472.10%
2020$11.540.62%
2021$12.125.03%
2022$13.198.83%
2023$13.885.27%
2024$14.292.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1968 * 1968 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 33.150 in the year 1968 and 296.121 in 2024:

296.121 / 33.150 * $1.60 = $14.29

Therefore, according to U.S. Bureau of Labor Statistics, $1.60 in 1968 has the same "purchasing power" as $14.29 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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