Dallas, Texas prices: $215,000 in 1970 $1,700,784.02 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($215,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 691.06% higher in 2024 versus 1970 (a $1,485,784.02 difference in value).

Between 1970 and 2024: Dallas experienced an average inflation rate of 3.90% per year. This rate of change indicates significant inflation. In other words, $215,000 in Dallas in the year 1970 would cost $1,700,784.02 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
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Buying power of $215,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $215,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$215,000.006.22%
1971$221,605.083.07%
1972$228,066.562.92%
1973$239,888.695.18%
1974$263,676.549.92%
1975$288,038.749.24%
1976$305,604.416.10%
1977$328,099.967.36%
1978$353,754.457.82%
1979$397,692.5612.42%
1980$465,083.4816.95%
1981$519,695.0111.74%
1982$551,093.056.04%
1983$571,243.323.66%
1984$598,094.394.70%
1985$620,494.213.75%
1986$631,359.081.75%
1987$647,105.972.49%
1988$665,916.072.91%
1989$685,827.032.99%
1990$716,842.164.52%
1991$750,394.034.68%
1992$768,581.922.42%
1993$787,822.802.50%
1994$810,079.032.83%
1995$831,186.552.61%
1996$853,921.422.74%
1997$869,141.811.78%
1998$881,442.561.42%
1999$906,331.262.82%
2000$944,430.104.20%
2001$977,742.653.53%
2002$991,048.531.36%
2003$1,011,916.742.11%
2004$1,025,414.071.33%
2005$1,058,535.173.23%
2006$1,091,560.553.12%
2007$1,107,951.671.50%
2008$1,158,644.194.58%
2009$1,151,002.40-0.66%
2010$1,157,776.910.59%
2011$1,192,838.383.03%
2012$1,217,868.742.10%
2013$1,239,962.241.81%
2014$1,254,683.901.19%
2015$1,248,413.87-0.50%
2016$1,265,922.111.40%
2017$1,298,183.592.55%
2018$1,336,386.782.94%
2019$1,364,444.952.10%
2020$1,372,905.190.62%
2021$1,442,011.515.03%
2022$1,569,274.098.83%
2023$1,651,948.585.27%
2024$1,700,784.022.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

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 296.121 in 2024:

296.121 / 37.433 * $215,000 = $1,700,784.02

Therefore, according to U.S. Bureau of Labor Statistics, $215,000 in 1970 has the same "purchasing power" as $1,700,784.02 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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