Dallas, Texas prices: $3,430 in 1970 $27,212.79 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($3,430)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $23,782.79 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, $3,430 in Dallas in the year 1970 would cost $27,212.79 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%).

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Buying power of $3,430.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $3,430 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$3,430.006.22%
1971$3,535.373.07%
1972$3,638.462.92%
1973$3,827.065.18%
1974$4,206.569.92%
1975$4,595.229.24%
1976$4,875.466.10%
1977$5,234.347.36%
1978$5,643.627.82%
1979$6,344.5812.42%
1980$7,419.7016.95%
1981$8,290.9511.74%
1982$8,791.866.04%
1983$9,113.323.66%
1984$9,541.694.70%
1985$9,899.053.75%
1986$10,072.381.75%
1987$10,323.602.49%
1988$10,623.682.91%
1989$10,941.332.99%
1990$11,436.134.52%
1991$11,971.404.68%
1992$12,261.562.42%
1993$12,568.522.50%
1994$12,923.592.83%
1995$13,260.332.61%
1996$13,623.032.74%
1997$13,865.841.78%
1998$14,062.081.42%
1999$14,459.152.82%
2000$15,066.954.20%
2001$15,598.413.53%
2002$15,810.681.36%
2003$16,143.602.11%
2004$16,358.931.33%
2005$16,887.333.23%
2006$17,414.203.12%
2007$17,675.691.50%
2008$18,484.424.58%
2009$18,362.50-0.66%
2010$18,470.580.59%
2011$19,029.933.03%
2012$19,429.252.10%
2013$19,781.721.81%
2014$20,016.591.19%
2015$19,916.56-0.50%
2016$20,195.871.40%
2017$20,710.562.55%
2018$21,320.032.94%
2019$21,767.662.10%
2020$21,902.630.62%
2021$23,005.115.03%
2022$25,035.408.83%
2023$26,354.345.27%
2024$27,212.793.26%*

* 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 * $3,430 = $27,212.79

Therefore, according to U.S. Bureau of Labor Statistics, $3,430 in 1970 has the same "purchasing power" as $27,212.79 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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