Dallas, Texas prices: $1,150 in 1970 $9,123.82 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($1,150)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $7,973.82 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, $1,150 in Dallas in the year 1970 would cost $9,123.82 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.92% 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 $1,150.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $1,150 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$1,150.006.22%
1971$1,185.333.07%
1972$1,219.892.92%
1973$1,283.135.18%
1974$1,410.369.92%
1975$1,540.679.24%
1976$1,634.636.10%
1977$1,754.957.36%
1978$1,892.177.82%
1979$2,127.1912.42%
1980$2,487.6616.95%
1981$2,779.7611.74%
1982$2,947.716.04%
1983$3,055.493.66%
1984$3,199.114.70%
1985$3,318.923.75%
1986$3,377.041.75%
1987$3,461.262.49%
1988$3,561.882.91%
1989$3,668.382.99%
1990$3,834.274.52%
1991$4,013.744.68%
1992$4,111.022.42%
1993$4,213.942.50%
1994$4,332.982.83%
1995$4,445.882.61%
1996$4,567.492.74%
1997$4,648.901.78%
1998$4,714.691.42%
1999$4,847.822.82%
2000$5,051.604.20%
2001$5,229.793.53%
2002$5,300.961.36%
2003$5,412.582.11%
2004$5,484.771.33%
2005$5,661.933.23%
2006$5,838.583.12%
2007$5,926.251.50%
2008$6,197.404.58%
2009$6,156.52-0.66%
2010$6,192.760.59%
2011$6,380.303.03%
2012$6,514.182.10%
2013$6,632.361.81%
2014$6,711.101.19%
2015$6,677.56-0.50%
2016$6,771.211.40%
2017$6,943.772.55%
2018$7,148.122.94%
2019$7,298.192.10%
2020$7,343.450.62%
2021$7,713.085.03%
2022$8,393.798.83%
2023$8,836.005.27%
2024$9,123.823.26%*

* 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 * $1,150 = $9,123.82

Therefore, according to U.S. Bureau of Labor Statistics, $1,150 in 1970 has the same "purchasing power" as $9,123.82 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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