Dallas, Texas prices: $4.95 in 1968 $44.35 in 2024

Inflation in Texas

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Prices in Dallas, 1968-2024 ($4.95)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 795.89% higher in 2024 versus 1968 (a $39.40 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, $4.95 in Dallas in the year 1968 would cost $44.35 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 $4.95 since 1968

Below are calculations of equivalent buying power in Dallas, over time, for $4.95 beginning in 1968. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1968$4.954.14%
1969$5.266.31%
1970$5.596.22%
1971$5.763.07%
1972$5.932.92%
1973$6.245.18%
1974$6.869.92%
1975$7.499.24%
1976$7.956.10%
1977$8.537.36%
1978$9.207.82%
1979$10.3412.42%
1980$12.0916.95%
1981$13.5111.74%
1982$14.336.04%
1983$14.853.66%
1984$15.554.70%
1985$16.133.75%
1986$16.411.75%
1987$16.822.49%
1988$17.312.91%
1989$17.832.99%
1990$18.644.52%
1991$19.514.68%
1992$19.982.42%
1993$20.482.50%
1994$21.062.83%
1995$21.612.61%
1996$22.202.74%
1997$22.601.78%
1998$22.921.42%
1999$23.562.82%
2000$24.554.20%
2001$25.423.53%
2002$25.771.36%
2003$26.312.11%
2004$26.661.33%
2005$27.523.23%
2006$28.383.12%
2007$28.801.50%
2008$30.124.58%
2009$29.92-0.66%
2010$30.100.59%
2011$31.013.03%
2012$31.662.10%
2013$32.241.81%
2014$32.621.19%
2015$32.46-0.50%
2016$32.911.40%
2017$33.752.55%
2018$34.742.94%
2019$35.472.10%
2020$35.690.62%
2021$37.495.03%
2022$40.808.83%
2023$42.955.27%
2024$44.353.26%*

* 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 * $4.95 = $44.35

Therefore, according to U.S. Bureau of Labor Statistics, $4.95 in 1968 has the same "purchasing power" as $44.35 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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