Dallas, Texas prices: $3,813 in 1970 $30,251.42 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($3,813)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $26,438.42 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, $3,813 in Dallas in the year 1970 would cost $30,251.42 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 $3,813.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $3,813 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$3,813.006.22%
1971$3,930.143.07%
1972$4,044.732.92%
1973$4,254.405.18%
1974$4,676.279.92%
1975$5,108.339.24%
1976$5,419.866.10%
1977$5,818.817.36%
1978$6,273.797.82%
1979$7,053.0312.42%
1980$8,248.2016.95%
1981$9,216.7311.74%
1982$9,773.576.04%
1983$10,130.933.66%
1984$10,607.134.70%
1985$11,004.393.75%
1986$11,197.081.75%
1987$11,476.352.49%
1988$11,809.942.91%
1989$12,163.062.99%
1990$12,713.114.52%
1991$13,308.154.68%
1992$13,630.712.42%
1993$13,971.952.50%
1994$14,366.662.83%
1995$14,741.002.61%
1996$15,144.202.74%
1997$15,414.131.78%
1998$15,632.281.42%
1999$16,073.682.82%
2000$16,749.364.20%
2001$17,340.153.53%
2002$17,576.131.36%
2003$17,946.232.11%
2004$18,185.601.33%
2005$18,773.003.23%
2006$19,358.703.12%
2007$19,649.391.50%
2008$20,548.424.58%
2009$20,412.89-0.66%
2010$20,533.040.59%
2011$21,154.853.03%
2012$21,598.762.10%
2013$21,990.591.81%
2014$22,251.671.19%
2015$22,140.47-0.50%
2016$22,450.981.40%
2017$23,023.142.55%
2018$23,700.662.94%
2019$24,198.272.10%
2020$24,348.310.62%
2021$25,573.915.03%
2022$27,830.898.83%
2023$29,297.125.27%
2024$30,251.423.26%*

* 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 * $3,813 = $30,251.42

Therefore, according to U.S. Bureau of Labor Statistics, $3,813 in 1970 has the same "purchasing power" as $30,251.42 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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