Dallas, Texas prices: $3,000 in 1970 $21,605.14 in 2022

Inflation in Texas

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Prices in Dallas, 1970-2022 ($3,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 620.17% higher in 2022 versus 1970 (a $18,605.14 difference in value).

Between 1970 and 2022: Dallas experienced an average inflation rate of 3.87% per year. This rate of change indicates significant inflation. In other words, $3,000 in Dallas in the year 1970 would cost $21,605.14 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.94% 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 1970-2022 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
Admission to sporting events · Airline fares · Fish and seafood · Bananas · More

Buying power of $3,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $3,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$3,000.006.22%
1971$3,092.163.07%
1972$3,182.322.92%
1973$3,347.285.18%
1974$3,679.219.92%
1975$4,019.159.24%
1976$4,264.256.10%
1977$4,578.147.36%
1978$4,936.117.82%
1979$5,549.2012.42%
1980$6,489.5416.95%
1981$7,251.5611.74%
1982$7,689.676.04%
1983$7,970.843.66%
1984$8,345.504.70%
1985$8,658.063.75%
1986$8,809.661.75%
1987$9,029.392.49%
1988$9,291.852.91%
1989$9,569.682.99%
1990$10,002.454.52%
1991$10,470.614.68%
1992$10,724.402.42%
1993$10,992.882.50%
1994$11,303.432.83%
1995$11,597.952.61%
1996$11,915.182.74%
1997$12,127.561.78%
1998$12,299.201.42%
1999$12,646.482.82%
2000$13,178.094.20%
2001$13,642.923.53%
2002$13,828.581.36%
2003$14,119.772.11%
2004$14,308.101.33%
2005$14,770.263.23%
2006$15,231.083.12%
2007$15,459.791.50%
2008$16,167.134.58%
2009$16,060.50-0.66%
2010$16,155.030.59%
2011$16,644.263.03%
2012$16,993.522.10%
2013$17,301.801.81%
2014$17,507.221.19%
2015$17,419.73-0.50%
2016$17,664.031.40%
2017$18,114.192.55%
2018$18,647.262.94%
2019$19,038.772.10%
2020$19,156.820.62%
2021$20,121.095.03%
2022$21,605.147.38%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Dallas-Fort Worth, Texas:

Year196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.562239.034251.066269.584

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1970 * 1970 USD value = 2022 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 269.584 in 2022:

269.584 / 37.433 * $3,000 = $21,605.14

Therefore, according to U.S. Bureau of Labor Statistics, $3,000 in 1970 has the same "purchasing power" as $21,605.14 in 2022 (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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