Dallas, Texas prices: $5.79 in 1970 $45.94 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($5.79)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $40.15 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, $5.79 in Dallas in the year 1970 would cost $45.94 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 $5.79 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $5.79 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$5.796.22%
1971$5.973.07%
1972$6.142.92%
1973$6.465.18%
1974$7.109.92%
1975$7.769.24%
1976$8.236.10%
1977$8.847.36%
1978$9.537.82%
1979$10.7112.42%
1980$12.5216.95%
1981$14.0011.74%
1982$14.846.04%
1983$15.383.66%
1984$16.114.70%
1985$16.713.75%
1986$17.001.75%
1987$17.432.49%
1988$17.932.91%
1989$18.472.99%
1990$19.304.52%
1991$20.214.68%
1992$20.702.42%
1993$21.222.50%
1994$21.822.83%
1995$22.382.61%
1996$23.002.74%
1997$23.411.78%
1998$23.741.42%
1999$24.412.82%
2000$25.434.20%
2001$26.333.53%
2002$26.691.36%
2003$27.252.11%
2004$27.611.33%
2005$28.513.23%
2006$29.403.12%
2007$29.841.50%
2008$31.204.58%
2009$31.00-0.66%
2010$31.180.59%
2011$32.123.03%
2012$32.802.10%
2013$33.391.81%
2014$33.791.19%
2015$33.62-0.50%
2016$34.091.40%
2017$34.962.55%
2018$35.992.94%
2019$36.742.10%
2020$36.970.62%
2021$38.835.03%
2022$42.268.83%
2023$44.495.27%
2024$45.943.26%*

* 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 * $5.79 = $45.94

Therefore, according to U.S. Bureau of Labor Statistics, $5.79 in 1970 has the same "purchasing power" as $45.94 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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