Dallas, Texas prices: $20 in 1971 $154.99 in 2024

Inflation in Texas

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Prices in Dallas, 1971-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 674.95% higher in 2024 versus 1971 (a $134.99 difference in value).

Between 1971 and 2024: Dallas experienced an average inflation rate of 3.94% per year. This rate of change indicates significant inflation. In other words, $20 in Dallas in the year 1971 would cost $154.99 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.94% during this same period, inflation in Dallas was higher.

In the year 1971: Pricing changed by 3.07%, which is below the average yearly change in Dallas during the 1971-2024 time period. Compared to inflation for all items in 1971 (4.30%), inflation in Dallas was lower.

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 $20.00 since 1971

Below are calculations of equivalent buying power in Dallas, over time, for $20 beginning in 1971. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1971$20.003.07%
1972$20.582.92%
1973$21.655.18%
1974$23.809.92%
1975$26.009.24%
1976$27.586.10%
1977$29.617.36%
1978$31.937.82%
1979$35.8912.42%
1980$41.9716.95%
1981$46.9011.74%
1982$49.746.04%
1983$51.563.66%
1984$53.984.70%
1985$56.003.75%
1986$56.981.75%
1987$58.402.49%
1988$60.102.91%
1989$61.902.99%
1990$64.704.52%
1991$67.724.68%
1992$69.372.42%
1993$71.102.50%
1994$73.112.83%
1995$75.022.61%
1996$77.072.74%
1997$78.441.78%
1998$79.551.42%
1999$81.802.82%
2000$85.244.20%
2001$88.243.53%
2002$89.441.36%
2003$91.332.11%
2004$92.541.33%
2005$95.533.23%
2006$98.513.12%
2007$99.991.50%
2008$104.574.58%
2009$103.88-0.66%
2010$104.490.59%
2011$107.653.03%
2012$109.912.10%
2013$111.911.81%
2014$113.241.19%
2015$112.67-0.50%
2016$114.251.40%
2017$117.162.55%
2018$120.612.94%
2019$123.142.10%
2020$123.910.62%
2021$130.145.03%
2022$141.638.83%
2023$149.095.27%
2024$154.993.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618299.000

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1971 * 1971 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 38.583 in the year 1971 and 299.000 in 2024:

299.000 / 38.583 * $20 = $154.99

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1971 has the same "purchasing power" as $154.99 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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