Dallas, Texas prices: $4,875 in 1970 $38,677.07 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($4,875)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $33,802.07 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, $4,875 in Dallas in the year 1970 would cost $38,677.07 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 $4,875.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $4,875 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$4,875.006.22%
1971$5,024.773.07%
1972$5,171.282.92%
1973$5,439.345.18%
1974$5,978.719.92%
1975$6,531.119.24%
1976$6,929.406.10%
1977$7,439.487.36%
1978$8,021.187.82%
1979$9,017.4512.42%
1980$10,545.5016.95%
1981$11,783.7811.74%
1982$12,495.716.04%
1983$12,952.613.66%
1984$13,561.444.70%
1985$14,069.353.75%
1986$14,315.701.75%
1987$14,672.752.49%
1988$15,099.262.91%
1989$15,550.732.99%
1990$16,253.984.52%
1991$17,014.754.68%
1992$17,427.152.42%
1993$17,863.422.50%
1994$18,368.072.83%
1995$18,846.672.61%
1996$19,362.172.74%
1997$19,707.291.78%
1998$19,986.201.42%
1999$20,550.532.82%
2000$21,414.404.20%
2001$22,169.753.53%
2002$22,471.451.36%
2003$22,944.622.11%
2004$23,250.671.33%
2005$24,001.673.23%
2006$24,750.503.12%
2007$25,122.161.50%
2008$26,271.584.58%
2009$26,098.31-0.66%
2010$26,251.920.59%
2011$27,046.923.03%
2012$27,614.472.10%
2013$28,115.421.81%
2014$28,449.231.19%
2015$28,307.06-0.50%
2016$28,704.051.40%
2017$29,435.562.55%
2018$30,301.792.94%
2019$30,938.002.10%
2020$31,129.830.62%
2021$32,696.775.03%
2022$35,582.388.83%
2023$37,456.975.27%
2024$38,677.073.26%*

* 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 * $4,875 = $38,677.07

Therefore, according to U.S. Bureau of Labor Statistics, $4,875 in 1970 has the same "purchasing power" as $38,677.07 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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