Dallas, Texas prices: $4.68 in 1970 $37.13 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($4.68)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $32.45 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, $4.68 in Dallas in the year 1970 would cost $37.13 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 $4.68 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $4.68 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$4.686.22%
1971$4.823.07%
1972$4.962.92%
1973$5.225.18%
1974$5.749.92%
1975$6.279.24%
1976$6.656.10%
1977$7.147.36%
1978$7.707.82%
1979$8.6612.42%
1980$10.1216.95%
1981$11.3111.74%
1982$12.006.04%
1983$12.433.66%
1984$13.024.70%
1985$13.513.75%
1986$13.741.75%
1987$14.092.49%
1988$14.502.91%
1989$14.932.99%
1990$15.604.52%
1991$16.334.68%
1992$16.732.42%
1993$17.152.50%
1994$17.632.83%
1995$18.092.61%
1996$18.592.74%
1997$18.921.78%
1998$19.191.42%
1999$19.732.82%
2000$20.564.20%
2001$21.283.53%
2002$21.571.36%
2003$22.032.11%
2004$22.321.33%
2005$23.043.23%
2006$23.763.12%
2007$24.121.50%
2008$25.224.58%
2009$25.05-0.66%
2010$25.200.59%
2011$25.973.03%
2012$26.512.10%
2013$26.991.81%
2014$27.311.19%
2015$27.17-0.50%
2016$27.561.40%
2017$28.262.55%
2018$29.092.94%
2019$29.702.10%
2020$29.880.62%
2021$31.395.03%
2022$34.168.83%
2023$35.965.27%
2024$37.133.26%*

* 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 * $4.68 = $37.13

Therefore, according to U.S. Bureau of Labor Statistics, $4.68 in 1970 has the same "purchasing power" as $37.13 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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