Dallas, Texas prices: $85,000 in 1970 $672,402.98 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($85,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 691.06% higher in 2024 versus 1970 (a $587,402.98 difference in value).

Between 1970 and 2024: Dallas experienced an average inflation rate of 3.90% per year. This rate of change indicates significant inflation. In other words, $85,000 in Dallas in the year 1970 would cost $672,402.98 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 $85,000.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $85,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$85,000.006.22%
1971$87,611.313.07%
1972$90,165.852.92%
1973$94,839.725.18%
1974$104,244.219.92%
1975$113,875.789.24%
1976$120,820.356.10%
1977$129,713.947.36%
1978$139,856.417.82%
1979$157,227.2912.42%
1980$183,870.2116.95%
1981$205,460.8211.74%
1982$217,874.006.04%
1983$225,840.383.66%
1984$236,455.924.70%
1985$245,311.673.75%
1986$249,607.081.75%
1987$255,832.592.49%
1988$263,269.152.91%
1989$271,140.922.99%
1990$283,402.724.52%
1991$296,667.414.68%
1992$303,857.972.42%
1993$311,464.832.50%
1994$320,263.802.83%
1995$328,608.642.61%
1996$337,596.842.74%
1997$343,614.201.78%
1998$348,477.291.42%
1999$358,317.012.82%
2000$373,379.344.20%
2001$386,549.423.53%
2002$391,809.881.36%
2003$400,060.112.11%
2004$405,396.261.33%
2005$418,490.653.23%
2006$431,547.203.12%
2007$438,027.401.50%
2008$458,068.634.58%
2009$455,047.46-0.66%
2010$457,725.760.59%
2011$471,587.273.03%
2012$481,482.992.10%
2013$490,217.631.81%
2014$496,037.821.19%
2015$493,558.97-0.50%
2016$500,480.831.40%
2017$513,235.372.55%
2018$528,338.962.94%
2019$539,431.722.10%
2020$542,776.470.62%
2021$570,097.575.03%
2022$620,410.698.83%
2023$653,095.955.27%
2024$672,402.982.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

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 296.121 in 2024:

296.121 / 37.433 * $85,000 = $672,402.98

Therefore, according to U.S. Bureau of Labor Statistics, $85,000 in 1970 has the same "purchasing power" as $672,402.98 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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