Dallas, Texas prices: $16.95 in 1968 $151.85 in 2024

Inflation in Texas

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Prices in Dallas, 1968-2024 ($16.95)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 795.89% higher in 2024 versus 1968 (a $134.90 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, $16.95 in Dallas in the year 1968 would cost $151.85 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 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
New trucks · Admission to sporting events · Houston, Texas · Food · More

Buying power of $16.95 since 1968

Below are calculations of equivalent buying power in Dallas, over time, for $16.95 beginning in 1968. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1968$16.954.14%
1969$18.026.31%
1970$19.146.22%
1971$19.733.07%
1972$20.302.92%
1973$21.365.18%
1974$23.479.92%
1975$25.649.24%
1976$27.216.10%
1977$29.217.36%
1978$31.497.82%
1979$35.4012.42%
1980$41.4016.95%
1981$46.2711.74%
1982$49.066.04%
1983$50.853.66%
1984$53.244.70%
1985$55.243.75%
1986$56.211.75%
1987$57.612.49%
1988$59.282.91%
1989$61.052.99%
1990$63.824.52%
1991$66.804.68%
1992$68.422.42%
1993$70.132.50%
1994$72.122.83%
1995$74.002.61%
1996$76.022.74%
1997$77.371.78%
1998$78.471.42%
1999$80.692.82%
2000$84.084.20%
2001$87.043.53%
2002$88.231.36%
2003$90.082.11%
2004$91.291.33%
2005$94.233.23%
2006$97.173.12%
2007$98.631.50%
2008$103.154.58%
2009$102.47-0.66%
2010$103.070.59%
2011$106.193.03%
2012$108.422.10%
2013$110.391.81%
2014$111.701.19%
2015$111.14-0.50%
2016$112.701.40%
2017$115.572.55%
2018$118.972.94%
2019$121.472.10%
2020$122.220.62%
2021$128.375.03%
2022$139.708.83%
2023$147.065.27%
2024$151.853.26%*

* 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 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 296.987 in 2024:

296.987 / 33.150 * $16.95 = $151.85

Therefore, according to U.S. Bureau of Labor Statistics, $16.95 in 1968 has the same "purchasing power" as $151.85 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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