Dallas, Texas prices: $15 in 1970 $119.01 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($15)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $104.01 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, $15 in Dallas in the year 1970 would cost $119.01 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 $15.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $15 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$15.006.22%
1971$15.463.07%
1972$15.912.92%
1973$16.745.18%
1974$18.409.92%
1975$20.109.24%
1976$21.326.10%
1977$22.897.36%
1978$24.687.82%
1979$27.7512.42%
1980$32.4516.95%
1981$36.2611.74%
1982$38.456.04%
1983$39.853.66%
1984$41.734.70%
1985$43.293.75%
1986$44.051.75%
1987$45.152.49%
1988$46.462.91%
1989$47.852.99%
1990$50.014.52%
1991$52.354.68%
1992$53.622.42%
1993$54.962.50%
1994$56.522.83%
1995$57.992.61%
1996$59.582.74%
1997$60.641.78%
1998$61.501.42%
1999$63.232.82%
2000$65.894.20%
2001$68.213.53%
2002$69.141.36%
2003$70.602.11%
2004$71.541.33%
2005$73.853.23%
2006$76.163.12%
2007$77.301.50%
2008$80.844.58%
2009$80.30-0.66%
2010$80.780.59%
2011$83.223.03%
2012$84.972.10%
2013$86.511.81%
2014$87.541.19%
2015$87.10-0.50%
2016$88.321.40%
2017$90.572.55%
2018$93.242.94%
2019$95.192.10%
2020$95.780.62%
2021$100.615.03%
2022$109.488.83%
2023$115.255.27%
2024$119.013.26%*

* 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 * $15 = $119.01

Therefore, according to U.S. Bureau of Labor Statistics, $15 in 1970 has the same "purchasing power" as $119.01 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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