Dallas, Texas prices: $6,000 in 1970 $47,602.55 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($6,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $41,602.55 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, $6,000 in Dallas in the year 1970 would cost $47,602.55 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
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Buying power of $6,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $6,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$6,000.006.22%
1971$6,184.333.07%
1972$6,364.652.92%
1973$6,694.575.18%
1974$7,358.419.92%
1975$8,038.299.24%
1976$8,528.506.10%
1977$9,156.287.36%
1978$9,872.227.82%
1979$11,098.4012.42%
1980$12,979.0716.95%
1981$14,503.1211.74%
1982$15,379.346.04%
1983$15,941.673.66%
1984$16,691.014.70%
1985$17,316.123.75%
1986$17,619.321.75%
1987$18,058.772.49%
1988$18,583.702.91%
1989$19,139.362.99%
1990$20,004.904.52%
1991$20,941.234.68%
1992$21,448.802.42%
1993$21,985.752.50%
1994$22,606.862.83%
1995$23,195.902.61%
1996$23,830.372.74%
1997$24,255.121.78%
1998$24,598.401.42%
1999$25,292.972.82%
2000$26,356.194.20%
2001$27,285.843.53%
2002$27,657.171.36%
2003$28,239.542.11%
2004$28,616.211.33%
2005$29,540.523.23%
2006$30,462.153.12%
2007$30,919.581.50%
2008$32,334.264.58%
2009$32,121.00-0.66%
2010$32,310.050.59%
2011$33,288.513.03%
2012$33,987.032.10%
2013$34,603.601.81%
2014$35,014.431.19%
2015$34,839.46-0.50%
2016$35,328.061.40%
2017$36,228.382.55%
2018$37,294.512.94%
2019$38,077.532.10%
2020$38,313.630.62%
2021$40,242.185.03%
2022$43,793.708.83%
2023$46,100.895.27%
2024$47,602.553.26%*

* 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 * $6,000 = $47,602.55

Therefore, according to U.S. Bureau of Labor Statistics, $6,000 in 1970 has the same "purchasing power" as $47,602.55 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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