Dallas, Texas prices: $6.96 in 1968 $62.35 in 2024

Inflation in Texas

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Prices in Dallas, 1968-2024 ($6.96)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 795.89% higher in 2024 versus 1968 (a $55.39 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, $6.96 in Dallas in the year 1968 would cost $62.35 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 $6.96 since 1968

Below are calculations of equivalent buying power in Dallas, over time, for $6.96 beginning in 1968. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1968$6.964.14%
1969$7.406.31%
1970$7.866.22%
1971$8.103.07%
1972$8.342.92%
1973$8.775.18%
1974$9.649.92%
1975$10.539.24%
1976$11.176.10%
1977$11.997.36%
1978$12.937.82%
1979$14.5412.42%
1980$17.0016.95%
1981$19.0011.74%
1982$20.156.04%
1983$20.883.66%
1984$21.864.70%
1985$22.683.75%
1986$23.081.75%
1987$23.652.49%
1988$24.342.91%
1989$25.072.99%
1990$26.204.52%
1991$27.434.68%
1992$28.102.42%
1993$28.802.50%
1994$29.612.83%
1995$30.382.61%
1996$31.222.74%
1997$31.771.78%
1998$32.221.42%
1999$33.132.82%
2000$34.524.20%
2001$35.743.53%
2002$36.231.36%
2003$36.992.11%
2004$37.481.33%
2005$38.693.23%
2006$39.903.12%
2007$40.501.50%
2008$42.354.58%
2009$42.07-0.66%
2010$42.320.59%
2011$43.603.03%
2012$44.522.10%
2013$45.331.81%
2014$45.861.19%
2015$45.64-0.50%
2016$46.281.40%
2017$47.452.55%
2018$48.852.94%
2019$49.882.10%
2020$50.190.62%
2021$52.715.03%
2022$57.368.83%
2023$60.395.27%
2024$62.353.26%*

* 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 * $6.96 = $62.35

Therefore, according to U.S. Bureau of Labor Statistics, $6.96 in 1968 has the same "purchasing power" as $62.35 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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