Dallas, Texas prices: $9,995 in 1970 $79,297.91 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($9,995)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $69,302.91 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, $9,995 in Dallas in the year 1970 would cost $79,297.91 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 $9,995.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $9,995 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$9,995.006.22%
1971$10,302.063.07%
1972$10,602.442.92%
1973$11,152.035.18%
1974$12,257.899.92%
1975$13,390.459.24%
1976$14,207.056.10%
1977$15,252.837.36%
1978$16,445.477.82%
1979$18,488.0812.42%
1980$21,620.9716.95%
1981$24,159.7811.74%
1982$25,619.426.04%
1983$26,556.173.66%
1984$27,804.434.70%
1985$28,845.773.75%
1986$29,350.861.75%
1987$30,082.902.49%
1988$30,957.352.91%
1989$31,882.982.99%
1990$33,324.834.52%
1991$34,884.604.68%
1992$35,730.122.42%
1993$36,624.602.50%
1994$37,659.262.83%
1995$38,640.512.61%
1996$39,697.422.74%
1997$40,404.991.78%
1998$40,976.831.42%
1999$42,133.862.82%
2000$43,905.024.20%
2001$45,453.663.53%
2002$46,072.231.36%
2003$47,042.362.11%
2004$47,669.831.33%
2005$49,209.583.23%
2006$50,744.873.12%
2007$51,506.871.50%
2008$53,863.484.58%
2009$53,508.23-0.66%
2010$53,823.160.59%
2011$55,453.113.03%
2012$56,616.742.10%
2013$57,643.831.81%
2014$58,328.211.19%
2015$58,036.73-0.50%
2016$58,850.661.40%
2017$60,350.442.55%
2018$62,126.452.94%
2019$63,430.822.10%
2020$63,824.130.62%
2021$67,036.775.03%
2022$72,953.008.83%
2023$76,796.405.27%
2024$79,297.913.26%*

* 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 * $9,995 = $79,297.91

Therefore, according to U.S. Bureau of Labor Statistics, $9,995 in 1970 has the same "purchasing power" as $79,297.91 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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