Dallas, Texas prices: $9.50 in 1970 $75.15 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($9.50)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 691.06% higher in 2024 versus 1970 (a $65.65 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, $9.50 in Dallas in the year 1970 would cost $75.15 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 $9.50 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $9.50 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$9.506.22%
1971$9.793.07%
1972$10.082.92%
1973$10.605.18%
1974$11.659.92%
1975$12.739.24%
1976$13.506.10%
1977$14.507.36%
1978$15.637.82%
1979$17.5712.42%
1980$20.5516.95%
1981$22.9611.74%
1982$24.356.04%
1983$25.243.66%
1984$26.434.70%
1985$27.423.75%
1986$27.901.75%
1987$28.592.49%
1988$29.422.91%
1989$30.302.99%
1990$31.674.52%
1991$33.164.68%
1992$33.962.42%
1993$34.812.50%
1994$35.792.83%
1995$36.732.61%
1996$37.732.74%
1997$38.401.78%
1998$38.951.42%
1999$40.052.82%
2000$41.734.20%
2001$43.203.53%
2002$43.791.36%
2003$44.712.11%
2004$45.311.33%
2005$46.773.23%
2006$48.233.12%
2007$48.961.50%
2008$51.204.58%
2009$50.86-0.66%
2010$51.160.59%
2011$52.713.03%
2012$53.812.10%
2013$54.791.81%
2014$55.441.19%
2015$55.16-0.50%
2016$55.941.40%
2017$57.362.55%
2018$59.052.94%
2019$60.292.10%
2020$60.660.62%
2021$63.725.03%
2022$69.348.83%
2023$72.995.27%
2024$75.152.96%*

* 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 * $9.50 = $75.15

Therefore, according to U.S. Bureau of Labor Statistics, $9.50 in 1970 has the same "purchasing power" as $75.15 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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