Dallas, Texas prices: $595 in 1970 $4,720.59 in 2024

Inflation in Texas

$

Prices in Dallas, 1970-2024 ($595)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $4,125.59 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, $595 in Dallas in the year 1970 would cost $4,720.59 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.93% 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
Bananas · Fish and seafood · St Louis, Missouri · San Diego, California · More

Buying power of $595.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $595 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$595.006.22%
1971$613.283.07%
1972$631.162.92%
1973$663.885.18%
1974$729.719.92%
1975$797.139.24%
1976$845.746.10%
1977$908.007.36%
1978$978.997.82%
1979$1,100.5912.42%
1980$1,287.0916.95%
1981$1,438.2311.74%
1982$1,525.126.04%
1983$1,580.883.66%
1984$1,655.194.70%
1985$1,717.183.75%
1986$1,747.251.75%
1987$1,790.832.49%
1988$1,842.882.91%
1989$1,897.992.99%
1990$1,983.824.52%
1991$2,076.674.68%
1992$2,127.012.42%
1993$2,180.252.50%
1994$2,241.852.83%
1995$2,300.262.61%
1996$2,363.182.74%
1997$2,405.301.78%
1998$2,439.341.42%
1999$2,508.222.82%
2000$2,613.664.20%
2001$2,705.853.53%
2002$2,742.671.36%
2003$2,800.422.11%
2004$2,837.771.33%
2005$2,929.433.23%
2006$3,020.833.12%
2007$3,066.191.50%
2008$3,206.484.58%
2009$3,185.33-0.66%
2010$3,204.080.59%
2011$3,301.113.03%
2012$3,370.382.10%
2013$3,431.521.81%
2014$3,472.261.19%
2015$3,454.91-0.50%
2016$3,503.371.40%
2017$3,592.652.55%
2018$3,698.372.94%
2019$3,776.022.10%
2020$3,799.440.62%
2021$3,990.685.03%
2022$4,342.878.83%
2023$4,571.675.27%
2024$4,720.593.26%*

* 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 * $595 = $4,720.59

Therefore, according to U.S. Bureau of Labor Statistics, $595 in 1970 has the same "purchasing power" as $4,720.59 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.

» Read more about inflation and investment.