Dallas, Texas prices: $2.83 in 1970 $22.45 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($2.83)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $19.62 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, $2.83 in Dallas in the year 1970 would cost $22.45 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 $2.83 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $2.83 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$2.836.22%
1971$2.923.07%
1972$3.002.92%
1973$3.165.18%
1974$3.479.92%
1975$3.799.24%
1976$4.026.10%
1977$4.327.36%
1978$4.667.82%
1979$5.2312.42%
1980$6.1216.95%
1981$6.8411.74%
1982$7.256.04%
1983$7.523.66%
1984$7.874.70%
1985$8.173.75%
1986$8.311.75%
1987$8.522.49%
1988$8.772.91%
1989$9.032.99%
1990$9.444.52%
1991$9.884.68%
1992$10.122.42%
1993$10.372.50%
1994$10.662.83%
1995$10.942.61%
1996$11.242.74%
1997$11.441.78%
1998$11.601.42%
1999$11.932.82%
2000$12.434.20%
2001$12.873.53%
2002$13.041.36%
2003$13.322.11%
2004$13.501.33%
2005$13.933.23%
2006$14.373.12%
2007$14.581.50%
2008$15.254.58%
2009$15.15-0.66%
2010$15.240.59%
2011$15.703.03%
2012$16.032.10%
2013$16.321.81%
2014$16.521.19%
2015$16.43-0.50%
2016$16.661.40%
2017$17.092.55%
2018$17.592.94%
2019$17.962.10%
2020$18.070.62%
2021$18.985.03%
2022$20.668.83%
2023$21.745.27%
2024$22.453.26%*

* 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 * $2.83 = $22.45

Therefore, according to U.S. Bureau of Labor Statistics, $2.83 in 1970 has the same "purchasing power" as $22.45 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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