Dallas, Texas prices: $2.65 in 1970 $21.02 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($2.65)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $18.37 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, $2.65 in Dallas in the year 1970 would cost $21.02 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
Parking fees and tolls · Dallas-Fort Worth, Texas · Bananas · Jewelry · More

Buying power of $2.65 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $2.65 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$2.656.22%
1971$2.733.07%
1972$2.812.92%
1973$2.965.18%
1974$3.259.92%
1975$3.559.24%
1976$3.776.10%
1977$4.047.36%
1978$4.367.82%
1979$4.9012.42%
1980$5.7316.95%
1981$6.4111.74%
1982$6.796.04%
1983$7.043.66%
1984$7.374.70%
1985$7.653.75%
1986$7.781.75%
1987$7.982.49%
1988$8.212.91%
1989$8.452.99%
1990$8.844.52%
1991$9.254.68%
1992$9.472.42%
1993$9.712.50%
1994$9.982.83%
1995$10.242.61%
1996$10.532.74%
1997$10.711.78%
1998$10.861.42%
1999$11.172.82%
2000$11.644.20%
2001$12.053.53%
2002$12.221.36%
2003$12.472.11%
2004$12.641.33%
2005$13.053.23%
2006$13.453.12%
2007$13.661.50%
2008$14.284.58%
2009$14.19-0.66%
2010$14.270.59%
2011$14.703.03%
2012$15.012.10%
2013$15.281.81%
2014$15.461.19%
2015$15.39-0.50%
2016$15.601.40%
2017$16.002.55%
2018$16.472.94%
2019$16.822.10%
2020$16.920.62%
2021$17.775.03%
2022$19.348.83%
2023$20.365.27%
2024$21.023.26%*

* 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 * $2.65 = $21.02

Therefore, according to U.S. Bureau of Labor Statistics, $2.65 in 1970 has the same "purchasing power" as $21.02 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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