Dallas, Texas prices: $2,500 in 1970 $19,834.39 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($2,500)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $17,334.39 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, $2,500 in Dallas in the year 1970 would cost $19,834.39 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 $2,500.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $2,500 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$2,500.006.22%
1971$2,576.803.07%
1972$2,651.942.92%
1973$2,789.405.18%
1974$3,066.019.92%
1975$3,349.299.24%
1976$3,553.546.10%
1977$3,815.127.36%
1978$4,113.427.82%
1979$4,624.3312.42%
1980$5,407.9516.95%
1981$6,042.9711.74%
1982$6,408.066.04%
1983$6,642.363.66%
1984$6,954.594.70%
1985$7,215.053.75%
1986$7,341.381.75%
1987$7,524.492.49%
1988$7,743.212.91%
1989$7,974.732.99%
1990$8,335.374.52%
1991$8,725.514.68%
1992$8,937.002.42%
1993$9,160.732.50%
1994$9,419.522.83%
1995$9,664.962.61%
1996$9,929.322.74%
1997$10,106.301.78%
1998$10,249.331.42%
1999$10,538.742.82%
2000$10,981.754.20%
2001$11,369.103.53%
2002$11,523.821.36%
2003$11,766.472.11%
2004$11,923.421.33%
2005$12,308.553.23%
2006$12,692.563.12%
2007$12,883.161.50%
2008$13,472.614.58%
2009$13,383.75-0.66%
2010$13,462.520.59%
2011$13,870.213.03%
2012$14,161.262.10%
2013$14,418.171.81%
2014$14,589.351.19%
2015$14,516.44-0.50%
2016$14,720.021.40%
2017$15,095.162.55%
2018$15,539.382.94%
2019$15,865.642.10%
2020$15,964.010.62%
2021$16,767.585.03%
2022$18,247.378.83%
2023$19,208.705.27%
2024$19,834.393.26%*

* 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 * $2,500 = $19,834.39

Therefore, according to U.S. Bureau of Labor Statistics, $2,500 in 1970 has the same "purchasing power" as $19,834.39 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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