Dallas, Texas prices: $594.90 in 1970 $4,719.79 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($594.90)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $4,124.89 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, $594.90 in Dallas in the year 1970 would cost $4,719.79 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 $594.90 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $594.90 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$594.906.22%
1971$613.183.07%
1972$631.052.92%
1973$663.775.18%
1974$729.599.92%
1975$797.009.24%
1976$845.606.10%
1977$907.847.36%
1978$978.837.82%
1979$1,100.4112.42%
1980$1,286.8816.95%
1981$1,437.9811.74%
1982$1,524.866.04%
1983$1,580.623.66%
1984$1,654.914.70%
1985$1,716.893.75%
1986$1,746.961.75%
1987$1,790.532.49%
1988$1,842.572.91%
1989$1,897.672.99%
1990$1,983.494.52%
1991$2,076.324.68%
1992$2,126.652.42%
1993$2,179.892.50%
1994$2,241.472.83%
1995$2,299.872.61%
1996$2,362.782.74%
1997$2,404.901.78%
1998$2,438.931.42%
1999$2,507.802.82%
2000$2,613.224.20%
2001$2,705.393.53%
2002$2,742.211.36%
2003$2,799.952.11%
2004$2,837.301.33%
2005$2,928.943.23%
2006$3,020.323.12%
2007$3,065.681.50%
2008$3,205.944.58%
2009$3,184.80-0.66%
2010$3,203.540.59%
2011$3,300.563.03%
2012$3,369.812.10%
2013$3,430.951.81%
2014$3,471.681.19%
2015$3,454.33-0.50%
2016$3,502.781.40%
2017$3,592.042.55%
2018$3,697.752.94%
2019$3,775.392.10%
2020$3,798.800.62%
2021$3,990.015.03%
2022$4,342.148.83%
2023$4,570.905.27%
2024$4,719.793.26%*

* 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 * $594.90 = $4,719.79

Therefore, according to U.S. Bureau of Labor Statistics, $594.90 in 1970 has the same "purchasing power" as $4,719.79 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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