Dallas, Texas prices: $300 in 1970 $2,373.19 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($300)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 691.06% higher in 2024 versus 1970 (a $2,073.19 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, $300 in Dallas in the year 1970 would cost $2,373.19 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 $300.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $300 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$300.006.22%
1971$309.223.07%
1972$318.232.92%
1973$334.735.18%
1974$367.929.92%
1975$401.919.24%
1976$426.426.10%
1977$457.817.36%
1978$493.617.82%
1979$554.9212.42%
1980$648.9516.95%
1981$725.1611.74%
1982$768.976.04%
1983$797.083.66%
1984$834.554.70%
1985$865.813.75%
1986$880.971.75%
1987$902.942.49%
1988$929.192.91%
1989$956.972.99%
1990$1,000.244.52%
1991$1,047.064.68%
1992$1,072.442.42%
1993$1,099.292.50%
1994$1,130.342.83%
1995$1,159.802.61%
1996$1,191.522.74%
1997$1,212.761.78%
1998$1,229.921.42%
1999$1,264.652.82%
2000$1,317.814.20%
2001$1,364.293.53%
2002$1,382.861.36%
2003$1,411.982.11%
2004$1,430.811.33%
2005$1,477.033.23%
2006$1,523.113.12%
2007$1,545.981.50%
2008$1,616.714.58%
2009$1,606.05-0.66%
2010$1,615.500.59%
2011$1,664.433.03%
2012$1,699.352.10%
2013$1,730.181.81%
2014$1,750.721.19%
2015$1,741.97-0.50%
2016$1,766.401.40%
2017$1,811.422.55%
2018$1,864.732.94%
2019$1,903.882.10%
2020$1,915.680.62%
2021$2,012.115.03%
2022$2,189.688.83%
2023$2,305.045.27%
2024$2,373.192.96%*

* 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 * $300 = $2,373.19

Therefore, according to U.S. Bureau of Labor Statistics, $300 in 1970 has the same "purchasing power" as $2,373.19 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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