Dallas, Texas prices: $2,000 in 1970 $15,867.52 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($2,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $13,867.52 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, $2,000 in Dallas in the year 1970 would cost $15,867.52 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
Public transportation · Admission to sporting events · New trucks · Gasoline (all types) · More

Buying power of $2,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $2,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$2,000.006.22%
1971$2,061.443.07%
1972$2,121.552.92%
1973$2,231.525.18%
1974$2,452.809.92%
1975$2,679.439.24%
1976$2,842.836.10%
1977$3,052.097.36%
1978$3,290.747.82%
1979$3,699.4712.42%
1980$4,326.3616.95%
1981$4,834.3711.74%
1982$5,126.456.04%
1983$5,313.893.66%
1984$5,563.674.70%
1985$5,772.043.75%
1986$5,873.111.75%
1987$6,019.592.49%
1988$6,194.572.91%
1989$6,379.792.99%
1990$6,668.304.52%
1991$6,980.414.68%
1992$7,149.602.42%
1993$7,328.582.50%
1994$7,535.622.83%
1995$7,731.972.61%
1996$7,943.462.74%
1997$8,085.041.78%
1998$8,199.471.42%
1999$8,430.992.82%
2000$8,785.404.20%
2001$9,095.283.53%
2002$9,219.061.36%
2003$9,413.182.11%
2004$9,538.741.33%
2005$9,846.843.23%
2006$10,154.053.12%
2007$10,306.531.50%
2008$10,778.094.58%
2009$10,707.00-0.66%
2010$10,770.020.59%
2011$11,096.173.03%
2012$11,329.012.10%
2013$11,534.531.81%
2014$11,671.481.19%
2015$11,613.15-0.50%
2016$11,776.021.40%
2017$12,076.132.55%
2018$12,431.502.94%
2019$12,692.512.10%
2020$12,771.210.62%
2021$13,414.065.03%
2022$14,597.908.83%
2023$15,366.965.27%
2024$15,867.523.26%*

* 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 * $2,000 = $15,867.52

Therefore, according to U.S. Bureau of Labor Statistics, $2,000 in 1970 has the same "purchasing power" as $15,867.52 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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