Dallas, Texas prices: $10,550 in 1970 $83,701.14 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($10,550)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $73,151.14 difference in value).

Between 1970 and 2024: Dallas experienced an average inflation rate of 3.91% per year. This rate of change indicates significant inflation. In other words, $10,550 in Dallas in the year 1970 would cost $83,701.14 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.93% during this same period, inflation in Dallas was lower.

In the year 1970: Pricing changed by 6.22%, which is above the average yearly change in Dallas during the 1970-2024 time period. Compared to inflation for all items in 1970 (5.83%), inflation in Dallas was higher.

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 $10,550.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $10,550 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$10,550.006.22%
1971$10,874.113.07%
1972$11,191.172.92%
1973$11,771.285.18%
1974$12,938.559.92%
1975$14,133.999.24%
1976$14,995.946.10%
1977$16,099.797.36%
1978$17,358.657.82%
1979$19,514.6812.42%
1980$22,821.5416.95%
1981$25,501.3111.74%
1982$27,042.016.04%
1983$28,030.783.66%
1984$29,348.354.70%
1985$30,447.513.75%
1986$30,980.641.75%
1987$31,753.342.49%
1988$32,676.352.91%
1989$33,653.372.99%
1990$35,175.284.52%
1991$36,821.664.68%
1992$37,714.142.42%
1993$38,658.282.50%
1994$39,750.392.83%
1995$40,786.132.61%
1996$41,901.732.74%
1997$42,648.591.78%
1998$43,252.181.42%
1999$44,473.462.82%
2000$46,342.974.20%
2001$47,977.603.53%
2002$48,630.521.36%
2003$49,654.522.11%
2004$50,316.831.33%
2005$51,942.073.23%
2006$53,562.623.12%
2007$54,366.931.50%
2008$56,854.404.58%
2009$56,479.42-0.66%
2010$56,811.840.59%
2011$58,532.303.03%
2012$59,760.542.10%
2013$60,844.661.81%
2014$61,567.051.19%
2015$61,259.38-0.50%
2016$62,118.501.40%
2017$63,701.572.55%
2018$65,576.192.94%
2019$66,953.002.10%
2020$67,368.140.62%
2021$70,759.175.03%
2022$77,003.918.83%
2023$81,060.735.27%
2024$83,701.143.26%*

* 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 1970 * 1970 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 37.433 in the year 1970 and 296.987 in 2024:

296.987 / 37.433 * $10,550 = $83,701.14

Therefore, according to U.S. Bureau of Labor Statistics, $10,550 in 1970 has the same "purchasing power" as $83,701.14 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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