Dallas, Texas prices: $50 in 1970 $396.69 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($50)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $346.69 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, $50 in Dallas in the year 1970 would cost $396.69 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
Housing · Boston, Massachusetts · Medical care · Gasoline (all types) · More

Buying power of $50.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $50 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$50.006.22%
1971$51.543.07%
1972$53.042.92%
1973$55.795.18%
1974$61.329.92%
1975$66.999.24%
1976$71.076.10%
1977$76.307.36%
1978$82.277.82%
1979$92.4912.42%
1980$108.1616.95%
1981$120.8611.74%
1982$128.166.04%
1983$132.853.66%
1984$139.094.70%
1985$144.303.75%
1986$146.831.75%
1987$150.492.49%
1988$154.862.91%
1989$159.492.99%
1990$166.714.52%
1991$174.514.68%
1992$178.742.42%
1993$183.212.50%
1994$188.392.83%
1995$193.302.61%
1996$198.592.74%
1997$202.131.78%
1998$204.991.42%
1999$210.772.82%
2000$219.634.20%
2001$227.383.53%
2002$230.481.36%
2003$235.332.11%
2004$238.471.33%
2005$246.173.23%
2006$253.853.12%
2007$257.661.50%
2008$269.454.58%
2009$267.67-0.66%
2010$269.250.59%
2011$277.403.03%
2012$283.232.10%
2013$288.361.81%
2014$291.791.19%
2015$290.33-0.50%
2016$294.401.40%
2017$301.902.55%
2018$310.792.94%
2019$317.312.10%
2020$319.280.62%
2021$335.355.03%
2022$364.958.83%
2023$384.175.27%
2024$396.693.26%*

* 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 * $50 = $396.69

Therefore, according to U.S. Bureau of Labor Statistics, $50 in 1970 has the same "purchasing power" as $396.69 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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