Dallas, Texas prices: $27,000 in 1970 $214,211.46 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($27,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $187,211.46 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, $27,000 in Dallas in the year 1970 would cost $214,211.46 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 $27,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $27,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$27,000.006.22%
1971$27,829.473.07%
1972$28,640.922.92%
1973$30,125.565.18%
1974$33,112.879.92%
1975$36,172.319.24%
1976$38,378.236.10%
1977$41,203.257.36%
1978$44,424.987.82%
1979$49,942.7912.42%
1980$58,405.8316.95%
1981$65,264.0211.74%
1982$69,207.036.04%
1983$71,737.533.66%
1984$75,109.534.70%
1985$77,922.533.75%
1986$79,286.951.75%
1987$81,264.472.49%
1988$83,626.672.91%
1989$86,127.112.99%
1990$90,022.044.52%
1991$94,235.534.68%
1992$96,519.592.42%
1993$98,935.892.50%
1994$101,730.852.83%
1995$104,381.572.61%
1996$107,236.642.74%
1997$109,148.041.78%
1998$110,692.791.42%
1999$113,818.342.82%
2000$118,602.854.20%
2001$122,786.293.53%
2002$124,457.261.36%
2003$127,077.922.11%
2004$128,772.931.33%
2005$132,932.323.23%
2006$137,079.703.12%
2007$139,138.121.50%
2008$145,504.154.58%
2009$144,544.49-0.66%
2010$145,395.240.59%
2011$149,798.313.03%
2012$152,941.662.10%
2013$155,716.191.81%
2014$157,564.961.19%
2015$156,777.56-0.50%
2016$158,976.261.40%
2017$163,027.712.55%
2018$167,825.322.94%
2019$171,348.902.10%
2020$172,411.350.62%
2021$181,089.825.03%
2022$197,071.638.83%
2023$207,454.015.27%
2024$214,211.463.26%*

* 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 * $27,000 = $214,211.46

Therefore, according to U.S. Bureau of Labor Statistics, $27,000 in 1970 has the same "purchasing power" as $214,211.46 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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