Dallas, Texas prices: $4,500 in 1970 $35,701.91 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($4,500)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $31,201.91 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, $4,500 in Dallas in the year 1970 would cost $35,701.91 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
Food · Bananas · Televisions · Houston, Texas · More

Buying power of $4,500.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $4,500 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$4,500.006.22%
1971$4,638.253.07%
1972$4,773.492.92%
1973$5,020.935.18%
1974$5,518.819.92%
1975$6,028.729.24%
1976$6,396.376.10%
1977$6,867.217.36%
1978$7,404.167.82%
1979$8,323.8012.42%
1980$9,734.3116.95%
1981$10,877.3411.74%
1982$11,534.516.04%
1983$11,956.263.66%
1984$12,518.254.70%
1985$12,987.093.75%
1986$13,214.491.75%
1987$13,544.082.49%
1988$13,937.782.91%
1989$14,354.522.99%
1990$15,003.674.52%
1991$15,705.924.68%
1992$16,086.602.42%
1993$16,489.312.50%
1994$16,955.142.83%
1995$17,396.932.61%
1996$17,872.772.74%
1997$18,191.341.78%
1998$18,448.801.42%
1999$18,969.722.82%
2000$19,767.144.20%
2001$20,464.383.53%
2002$20,742.881.36%
2003$21,179.652.11%
2004$21,462.151.33%
2005$22,155.393.23%
2006$22,846.623.12%
2007$23,189.691.50%
2008$24,250.694.58%
2009$24,090.75-0.66%
2010$24,232.540.59%
2011$24,966.383.03%
2012$25,490.282.10%
2013$25,952.701.81%
2014$26,260.831.19%
2015$26,129.59-0.50%
2016$26,496.041.40%
2017$27,171.282.55%
2018$27,970.892.94%
2019$28,558.152.10%
2020$28,735.220.62%
2021$30,181.645.03%
2022$32,845.278.83%
2023$34,575.675.27%
2024$35,701.913.26%*

* 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 * $4,500 = $35,701.91

Therefore, according to U.S. Bureau of Labor Statistics, $4,500 in 1970 has the same "purchasing power" as $35,701.91 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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