Dallas, Texas prices: $127 in 1970 $1,004.65 in 2024

Inflation in Texas

$

Prices in Dallas, 1970-2024 ($127)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 691.06% higher in 2024 versus 1970 (a $877.65 difference in value).

Between 1970 and 2024: Dallas experienced an average inflation rate of 3.90% per year. This rate of change indicates significant inflation. In other words, $127 in Dallas in the year 1970 would cost $1,004.65 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
Televisions · Wine at home · Minneapolis-St Paul, Minnesota · Boston, Massachusetts · More

Buying power of $127.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $127 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$127.006.22%
1971$130.903.07%
1972$134.722.92%
1973$141.705.18%
1974$155.759.92%
1975$170.149.24%
1976$180.526.10%
1977$193.817.36%
1978$208.967.82%
1979$234.9212.42%
1980$274.7216.95%
1981$306.9811.74%
1982$325.536.04%
1983$337.433.66%
1984$353.294.70%
1985$366.523.75%
1986$372.941.75%
1987$382.242.49%
1988$393.362.91%
1989$405.122.99%
1990$423.444.52%
1991$443.264.68%
1992$454.002.42%
1993$465.372.50%
1994$478.512.83%
1995$490.982.61%
1996$504.412.74%
1997$513.401.78%
1998$520.671.42%
1999$535.372.82%
2000$557.874.20%
2001$577.553.53%
2002$585.411.36%
2003$597.742.11%
2004$605.711.33%
2005$625.273.23%
2006$644.783.12%
2007$654.461.50%
2008$684.414.58%
2009$679.89-0.66%
2010$683.900.59%
2011$704.613.03%
2012$719.392.10%
2013$732.441.81%
2014$741.141.19%
2015$737.44-0.50%
2016$747.781.40%
2017$766.832.55%
2018$789.402.94%
2019$805.972.10%
2020$810.970.62%
2021$851.795.03%
2022$926.978.83%
2023$975.805.27%
2024$1,004.652.96%*

* 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 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 296.121 in 2024:

296.121 / 37.433 * $127 = $1,004.65

Therefore, according to U.S. Bureau of Labor Statistics, $127 in 1970 has the same "purchasing power" as $1,004.65 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.

» Read more about inflation and investment.