Dallas, Texas prices: $31,000 in 1971 $243,768.12 in 2025

Inflation in Texas

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Prices in Dallas, 1971-2025 ($31,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 686.35% higher in 2025 versus 1971 (a $212,768.12 difference in value).

Between 1971 and 2025: Dallas experienced an average inflation rate of 3.89% per year. This rate of change indicates significant inflation. In other words, $31,000 in Dallas in the year 1971 would cost $243,768.12 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.91% during this same period, inflation in Dallas was lower.

In the year 1971: Pricing changed by 3.07%, which is below the average yearly change in Dallas during the 1971-2025 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 $31,000.00 since 1971

Below are calculations of equivalent buying power in Dallas, over time, for $31,000 beginning in 1971. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1971$31,000.003.07%
1972$31,903.892.92%
1973$33,557.675.18%
1974$36,885.319.92%
1975$40,293.309.24%
1976$42,750.546.10%
1977$45,897.417.36%
1978$49,486.187.82%
1979$55,632.6112.42%
1980$65,059.8316.95%
1981$72,699.3511.74%
1982$77,091.586.04%
1983$79,910.373.66%
1984$83,666.524.70%
1985$86,800.003.75%
1986$88,319.871.75%
1987$90,522.682.49%
1988$93,154.002.91%
1989$95,939.312.99%
1990$100,277.974.52%
1991$104,971.494.68%
1992$107,515.772.42%
1993$110,207.342.50%
1994$113,320.732.83%
1995$116,273.432.61%
1996$119,453.782.74%
1997$121,582.941.78%
1998$123,303.671.42%
1999$126,785.312.82%
2000$132,114.904.20%
2001$136,774.953.53%
2002$138,636.291.36%
2003$141,555.512.11%
2004$143,443.631.33%
2005$148,076.893.23%
2006$152,696.763.12%
2007$154,989.691.50%
2008$162,080.994.58%
2009$161,011.99-0.66%
2010$161,959.670.59%
2011$166,864.363.03%
2012$170,365.822.10%
2013$173,456.451.81%
2014$175,515.841.19%
2015$174,638.73-0.50%
2016$177,087.941.40%
2017$181,600.952.55%
2018$186,945.132.94%
2019$190,870.152.10%
2020$192,053.640.62%
2021$201,720.825.03%
2022$219,523.398.83%
2023$231,088.605.27%
2024$240,222.953.95%
2025$243,768.121.48%*

* 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:

Year196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.987303.400

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1971 * 1971 USD value = 2025 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 303.400 in 2025:

303.400 / 38.583 * $31,000 = $243,768.12

Therefore, according to U.S. Bureau of Labor Statistics, $31,000 in 1971 has the same "purchasing power" as $243,768.12 in 2025 (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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