Dallas, Texas prices: $1,490.71 in 1970 $11,826.93 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($1,490.71)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $10,336.22 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, $1,490.71 in Dallas in the year 1970 would cost $11,826.93 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 $1,490.71 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $1,490.71 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$1,490.716.22%
1971$1,536.513.07%
1972$1,581.312.92%
1973$1,663.285.18%
1974$1,828.219.92%
1975$1,997.139.24%
1976$2,118.926.10%
1977$2,274.897.36%
1978$2,452.777.82%
1979$2,757.4212.42%
1980$3,224.6716.95%
1981$3,603.3211.74%
1982$3,821.026.04%
1983$3,960.743.66%
1984$4,146.914.70%
1985$4,302.223.75%
1986$4,377.551.75%
1987$4,486.732.49%
1988$4,617.152.91%
1989$4,755.212.99%
1990$4,970.254.52%
1991$5,202.884.68%
1992$5,328.992.42%
1993$5,462.402.50%
1994$5,616.712.83%
1995$5,763.062.61%
1996$5,920.692.74%
1997$6,026.231.78%
1998$6,111.511.42%
1999$6,284.082.82%
2000$6,548.244.20%
2001$6,779.213.53%
2002$6,871.471.36%
2003$7,016.162.11%
2004$7,109.741.33%
2005$7,339.393.23%
2006$7,568.373.12%
2007$7,682.021.50%
2008$8,033.504.58%
2009$7,980.52-0.66%
2010$8,027.490.59%
2011$8,270.593.03%
2012$8,444.142.10%
2013$8,597.321.81%
2014$8,699.391.19%
2015$8,655.92-0.50%
2016$8,777.321.40%
2017$9,001.002.55%
2018$9,265.882.94%
2019$9,460.432.10%
2020$9,519.090.62%
2021$9,998.245.03%
2022$10,880.628.83%
2023$11,453.845.27%
2024$11,826.933.26%*

* 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 * $1,490.71 = $11,826.93

Therefore, according to U.S. Bureau of Labor Statistics, $1,490.71 in 1970 has the same "purchasing power" as $11,826.93 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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