Dallas, Texas prices: $5 in 1968 $44.66 in 2024

Inflation in Texas

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Prices in Dallas, 1968-2024 ($5)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 793.28% higher in 2024 versus 1968 (a $39.66 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, $5 in Dallas in the year 1968 would cost $44.66 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 $5.00 since 1968

Below are calculations of equivalent buying power in Dallas, over time, for $5 beginning in 1968. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1968$5.004.14%
1969$5.326.31%
1970$5.656.22%
1971$5.823.07%
1972$5.992.92%
1973$6.305.18%
1974$6.929.92%
1975$7.569.24%
1976$8.036.10%
1977$8.627.36%
1978$9.297.82%
1979$10.4412.42%
1980$12.2116.95%
1981$13.6511.74%
1982$14.476.04%
1983$15.003.66%
1984$15.714.70%
1985$16.293.75%
1986$16.581.75%
1987$16.992.49%
1988$17.492.91%
1989$18.012.99%
1990$18.824.52%
1991$19.714.68%
1992$20.182.42%
1993$20.692.50%
1994$21.272.83%
1995$21.832.61%
1996$22.422.74%
1997$22.821.78%
1998$23.151.42%
1999$23.802.82%
2000$24.804.20%
2001$25.683.53%
2002$26.031.36%
2003$26.572.11%
2004$26.931.33%
2005$27.803.23%
2006$28.673.12%
2007$29.101.50%
2008$30.434.58%
2009$30.23-0.66%
2010$30.400.59%
2011$31.323.03%
2012$31.982.10%
2013$32.561.81%
2014$32.951.19%
2015$32.78-0.50%
2016$33.241.40%
2017$34.092.55%
2018$35.092.94%
2019$35.832.10%
2020$36.050.62%
2021$37.875.03%
2022$41.218.83%
2023$43.385.27%
2024$44.662.96%*

* 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 * $5 = $44.66

Therefore, according to U.S. Bureau of Labor Statistics, $5 in 1968 has the same "purchasing power" as $44.66 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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