Dallas, Texas prices: $19,000 in 1970 $150,741.40 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($19,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $131,741.40 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, $19,000 in Dallas in the year 1970 would cost $150,741.40 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 $19,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $19,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$19,000.006.22%
1971$19,583.703.07%
1972$20,154.722.92%
1973$21,199.475.18%
1974$23,301.659.92%
1975$25,454.599.24%
1976$27,006.906.10%
1977$28,994.887.36%
1978$31,262.027.82%
1979$35,144.9212.42%
1980$41,100.4016.95%
1981$45,926.5411.74%
1982$48,701.256.04%
1983$50,481.973.66%
1984$52,854.854.70%
1985$54,834.373.75%
1986$55,794.521.75%
1987$57,186.112.49%
1988$58,848.402.91%
1989$60,607.972.99%
1990$63,348.844.52%
1991$66,313.894.68%
1992$67,921.192.42%
1993$69,621.552.50%
1994$71,588.382.83%
1995$73,453.702.61%
1996$75,462.822.74%
1997$76,807.881.78%
1998$77,894.921.42%
1999$80,094.392.82%
2000$83,461.264.20%
2001$86,405.163.53%
2002$87,581.031.36%
2003$89,425.202.11%
2004$90,617.991.33%
2005$93,544.973.23%
2006$96,463.493.12%
2007$97,912.011.50%
2008$102,391.814.58%
2009$101,716.49-0.66%
2010$102,315.170.59%
2011$105,413.623.03%
2012$107,625.612.10%
2013$109,578.061.81%
2014$110,879.041.19%
2015$110,324.95-0.50%
2016$111,872.191.40%
2017$114,723.202.55%
2018$118,099.302.94%
2019$120,578.862.10%
2020$121,326.500.62%
2021$127,433.585.03%
2022$138,680.048.83%
2023$145,986.155.27%
2024$150,741.403.26%*

* 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 * $19,000 = $150,741.40

Therefore, according to U.S. Bureau of Labor Statistics, $19,000 in 1970 has the same "purchasing power" as $150,741.40 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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