Dallas, Texas prices: $60 in 1970 $476.03 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($60)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $416.03 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, $60 in Dallas in the year 1970 would cost $476.03 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
Frankfurters · Rent of primary residence · Bananas · Hospital services · More

Buying power of $60.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $60 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$60.006.22%
1971$61.843.07%
1972$63.652.92%
1973$66.955.18%
1974$73.589.92%
1975$80.389.24%
1976$85.286.10%
1977$91.567.36%
1978$98.727.82%
1979$110.9812.42%
1980$129.7916.95%
1981$145.0311.74%
1982$153.796.04%
1983$159.423.66%
1984$166.914.70%
1985$173.163.75%
1986$176.191.75%
1987$180.592.49%
1988$185.842.91%
1989$191.392.99%
1990$200.054.52%
1991$209.414.68%
1992$214.492.42%
1993$219.862.50%
1994$226.072.83%
1995$231.962.61%
1996$238.302.74%
1997$242.551.78%
1998$245.981.42%
1999$252.932.82%
2000$263.564.20%
2001$272.863.53%
2002$276.571.36%
2003$282.402.11%
2004$286.161.33%
2005$295.413.23%
2006$304.623.12%
2007$309.201.50%
2008$323.344.58%
2009$321.21-0.66%
2010$323.100.59%
2011$332.893.03%
2012$339.872.10%
2013$346.041.81%
2014$350.141.19%
2015$348.39-0.50%
2016$353.281.40%
2017$362.282.55%
2018$372.952.94%
2019$380.782.10%
2020$383.140.62%
2021$402.425.03%
2022$437.948.83%
2023$461.015.27%
2024$476.033.26%*

* 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 * $60 = $476.03

Therefore, according to U.S. Bureau of Labor Statistics, $60 in 1970 has the same "purchasing power" as $476.03 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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