Dallas, Texas prices: $400 in 1970 $3,173.50 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($400)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $2,773.50 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, $400 in Dallas in the year 1970 would cost $3,173.50 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 $400.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $400 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$400.006.22%
1971$412.293.07%
1972$424.312.92%
1973$446.305.18%
1974$490.569.92%
1975$535.899.24%
1976$568.576.10%
1977$610.427.36%
1978$658.157.82%
1979$739.8912.42%
1980$865.2716.95%
1981$966.8711.74%
1982$1,025.296.04%
1983$1,062.783.66%
1984$1,112.734.70%
1985$1,154.413.75%
1986$1,174.621.75%
1987$1,203.922.49%
1988$1,238.912.91%
1989$1,275.962.99%
1990$1,333.664.52%
1991$1,396.084.68%
1992$1,429.922.42%
1993$1,465.722.50%
1994$1,507.122.83%
1995$1,546.392.61%
1996$1,588.692.74%
1997$1,617.011.78%
1998$1,639.891.42%
1999$1,686.202.82%
2000$1,757.084.20%
2001$1,819.063.53%
2002$1,843.811.36%
2003$1,882.642.11%
2004$1,907.751.33%
2005$1,969.373.23%
2006$2,030.813.12%
2007$2,061.311.50%
2008$2,155.624.58%
2009$2,141.40-0.66%
2010$2,154.000.59%
2011$2,219.233.03%
2012$2,265.802.10%
2013$2,306.911.81%
2014$2,334.301.19%
2015$2,322.63-0.50%
2016$2,355.201.40%
2017$2,415.232.55%
2018$2,486.302.94%
2019$2,538.502.10%
2020$2,554.240.62%
2021$2,682.815.03%
2022$2,919.588.83%
2023$3,073.395.27%
2024$3,173.503.26%*

* 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 * $400 = $3,173.50

Therefore, according to U.S. Bureau of Labor Statistics, $400 in 1970 has the same "purchasing power" as $3,173.50 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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