Dallas, Texas prices: $240.45 in 1968 $2,154.16 in 2024

Inflation in Texas

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Prices in Dallas, 1968-2024 ($240.45)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 795.89% higher in 2024 versus 1968 (a $1,913.71 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, $240.45 in Dallas in the year 1968 would cost $2,154.16 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
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Buying power of $240.45 since 1968

Below are calculations of equivalent buying power in Dallas, over time, for $240.45 beginning in 1968. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1968$240.454.14%
1969$255.626.31%
1970$271.526.22%
1971$279.863.07%
1972$288.022.92%
1973$302.955.18%
1974$332.999.92%
1975$363.769.24%
1976$385.946.10%
1977$414.357.36%
1978$446.757.82%
1979$502.2412.42%
1980$587.3416.95%
1981$656.3111.74%
1982$695.966.04%
1983$721.413.66%
1984$755.324.70%
1985$783.613.75%
1986$797.331.75%
1987$817.222.49%
1988$840.972.91%
1989$866.122.99%
1990$905.284.52%
1991$947.664.68%
1992$970.622.42%
1993$994.922.50%
1994$1,023.032.83%
1995$1,049.692.61%
1996$1,078.402.74%
1997$1,097.621.78%
1998$1,113.151.42%
1999$1,144.592.82%
2000$1,192.704.20%
2001$1,234.773.53%
2002$1,251.571.36%
2003$1,277.932.11%
2004$1,294.971.33%
2005$1,336.803.23%
2006$1,378.513.12%
2007$1,399.211.50%
2008$1,463.234.58%
2009$1,453.58-0.66%
2010$1,462.130.59%
2011$1,506.413.03%
2012$1,538.022.10%
2013$1,565.921.81%
2014$1,584.511.19%
2015$1,576.59-0.50%
2016$1,598.701.40%
2017$1,639.452.55%
2018$1,687.692.94%
2019$1,723.132.10%
2020$1,733.810.62%
2021$1,821.085.03%
2022$1,981.808.83%
2023$2,086.215.27%
2024$2,154.163.26%*

* 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 * $240.45 = $2,154.16

Therefore, according to U.S. Bureau of Labor Statistics, $240.45 in 1968 has the same "purchasing power" as $2,154.16 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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