Dallas, Texas prices: $33.31 in 1970 $264.27 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($33.31)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $230.96 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, $33.31 in Dallas in the year 1970 would cost $264.27 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 $33.31 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $33.31 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$33.316.22%
1971$34.333.07%
1972$35.332.92%
1973$37.175.18%
1974$40.859.92%
1975$44.639.24%
1976$47.356.10%
1977$50.837.36%
1978$54.817.82%
1979$61.6112.42%
1980$72.0616.95%
1981$80.5211.74%
1982$85.386.04%
1983$88.503.66%
1984$92.664.70%
1985$96.133.75%
1986$97.821.75%
1987$100.262.49%
1988$103.172.91%
1989$106.262.99%
1990$111.064.52%
1991$116.264.68%
1992$119.082.42%
1993$122.062.50%
1994$125.512.83%
1995$128.782.61%
1996$132.302.74%
1997$134.661.78%
1998$136.561.42%
1999$140.422.82%
2000$146.324.20%
2001$151.483.53%
2002$153.541.36%
2003$156.782.11%
2004$158.871.33%
2005$164.003.23%
2006$169.123.12%
2007$171.661.50%
2008$179.514.58%
2009$178.33-0.66%
2010$179.370.59%
2011$184.813.03%
2012$188.682.10%
2013$192.111.81%
2014$194.391.19%
2015$193.42-0.50%
2016$196.131.40%
2017$201.132.55%
2018$207.052.94%
2019$211.392.10%
2020$212.700.62%
2021$223.415.03%
2022$243.138.83%
2023$255.945.27%
2024$264.273.26%*

* 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 * $33.31 = $264.27

Therefore, according to U.S. Bureau of Labor Statistics, $33.31 in 1970 has the same "purchasing power" as $264.27 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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