Dallas, Texas prices: $27,000 in 1968 $241,889.86 in 2024

Inflation in Texas

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Prices in Dallas, 1968-2024 ($27,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 795.89% higher in 2024 versus 1968 (a $214,889.86 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, $27,000 in Dallas in the year 1968 would cost $241,889.86 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 $27,000.00 since 1968

Below are calculations of equivalent buying power in Dallas, over time, for $27,000 beginning in 1968. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1968$27,000.004.14%
1969$28,703.626.31%
1970$30,488.696.22%
1971$31,425.343.07%
1972$32,341.632.92%
1973$34,018.105.18%
1974$37,391.409.92%
1975$40,846.159.24%
1976$43,337.106.10%
1977$46,527.157.36%
1978$50,165.167.82%
1979$56,395.9312.42%
1980$65,952.4916.95%
1981$73,696.8311.74%
1982$78,149.326.04%
1983$81,006.793.66%
1984$84,814.484.70%
1985$87,990.953.75%
1986$89,531.671.75%
1987$91,764.712.49%
1988$94,432.132.91%
1989$97,255.662.99%
1990$101,653.854.52%
1991$106,411.764.68%
1992$108,990.952.42%
1993$111,719.462.50%
1994$114,875.572.83%
1995$117,868.782.61%
1996$121,092.762.74%
1997$123,251.131.78%
1998$124,995.481.42%
1999$128,524.892.82%
2000$133,927.604.20%
2001$138,651.583.53%
2002$140,538.461.36%
2003$143,497.742.11%
2004$145,411.761.33%
2005$150,108.603.23%
2006$154,791.863.12%
2007$157,116.241.50%
2008$164,304.844.58%
2009$163,221.18-0.66%
2010$164,181.860.59%
2011$169,153.853.03%
2012$172,703.352.10%
2013$175,836.381.81%
2014$177,924.031.19%
2015$177,034.89-0.50%
2016$179,517.691.40%
2017$184,092.622.55%
2018$189,510.142.94%
2019$193,489.002.10%
2020$194,688.730.62%
2021$204,488.555.03%
2022$222,535.388.83%
2023$234,259.285.27%
2024$241,889.863.26%*

* 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 * $27,000 = $241,889.86

Therefore, according to U.S. Bureau of Labor Statistics, $27,000 in 1968 has the same "purchasing power" as $241,889.86 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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