Dallas, Texas prices: $7,600 in 1970 $60,296.56 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($7,600)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $52,696.56 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, $7,600 in Dallas in the year 1970 would cost $60,296.56 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%).

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Buying power of $7,600.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $7,600 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$7,600.006.22%
1971$7,833.483.07%
1972$8,061.892.92%
1973$8,479.795.18%
1974$9,320.669.92%
1975$10,181.839.24%
1976$10,802.766.10%
1977$11,597.957.36%
1978$12,504.817.82%
1979$14,057.9712.42%
1980$16,440.1616.95%
1981$18,370.6111.74%
1982$19,480.506.04%
1983$20,192.793.66%
1984$21,141.944.70%
1985$21,933.753.75%
1986$22,317.811.75%
1987$22,874.442.49%
1988$23,539.362.91%
1989$24,243.192.99%
1990$25,339.544.52%
1991$26,525.564.68%
1992$27,168.482.42%
1993$27,848.622.50%
1994$28,635.352.83%
1995$29,381.482.61%
1996$30,185.132.74%
1997$30,723.151.78%
1998$31,157.971.42%
1999$32,037.762.82%
2000$33,384.514.20%
2001$34,562.073.53%
2002$35,032.411.36%
2003$35,770.082.11%
2004$36,247.201.33%
2005$37,417.993.23%
2006$38,585.403.12%
2007$39,164.801.50%
2008$40,956.724.58%
2009$40,686.60-0.66%
2010$40,926.070.59%
2011$42,165.453.03%
2012$43,050.242.10%
2013$43,831.221.81%
2014$44,351.621.19%
2015$44,129.98-0.50%
2016$44,748.871.40%
2017$45,889.282.55%
2018$47,239.722.94%
2019$48,231.542.10%
2020$48,530.600.62%
2021$50,973.435.03%
2022$55,472.018.83%
2023$58,394.465.27%
2024$60,296.563.26%*

* 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 * $7,600 = $60,296.56

Therefore, according to U.S. Bureau of Labor Statistics, $7,600 in 1970 has the same "purchasing power" as $60,296.56 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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