Dallas, Texas prices: $5,200 in 1971 $40,025.89 in 2024

Inflation in Texas

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Prices in Dallas, 1971-2024 ($5,200)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 669.73% higher in 2024 versus 1971 (a $34,825.89 difference in value).

Between 1971 and 2024: Dallas experienced an average inflation rate of 3.93% per year. This rate of change indicates significant inflation. In other words, $5,200 in Dallas in the year 1971 would cost $40,025.89 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.92% 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 $5,200.00 since 1971

Below are calculations of equivalent buying power in Dallas, over time, for $5,200 beginning in 1971. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1971$5,200.003.07%
1972$5,351.622.92%
1973$5,629.035.18%
1974$6,187.219.92%
1975$6,758.889.24%
1976$7,171.066.10%
1977$7,698.927.36%
1978$8,300.917.82%
1979$9,331.9212.42%
1980$10,913.2616.95%
1981$12,194.7311.74%
1982$12,931.496.04%
1983$13,404.323.66%
1984$14,034.384.70%
1985$14,560.003.75%
1986$14,814.951.75%
1987$15,184.452.49%
1988$15,625.832.91%
1989$16,093.052.99%
1990$16,820.824.52%
1991$17,608.124.68%
1992$18,034.902.42%
1993$18,486.392.50%
1994$19,008.642.83%
1995$19,503.932.61%
1996$20,037.412.74%
1997$20,394.561.78%
1998$20,683.201.42%
1999$21,267.212.82%
2000$22,161.214.20%
2001$22,942.893.53%
2002$23,255.121.36%
2003$23,744.792.11%
2004$24,061.511.33%
2005$24,838.703.23%
2006$25,613.653.12%
2007$25,998.271.50%
2008$27,187.784.58%
2009$27,008.46-0.66%
2010$27,167.430.59%
2011$27,990.153.03%
2012$28,577.492.10%
2013$29,095.921.81%
2014$29,441.371.19%
2015$29,294.24-0.50%
2016$29,705.071.40%
2017$30,462.092.55%
2018$31,358.542.94%
2019$32,016.932.10%
2020$32,215.450.62%
2021$33,837.045.03%
2022$36,823.288.83%
2023$38,763.255.27%
2024$40,025.893.26%*

* 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 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 296.987 in 2024:

296.987 / 38.583 * $5,200 = $40,025.89

Therefore, according to U.S. Bureau of Labor Statistics, $5,200 in 1971 has the same "purchasing power" as $40,025.89 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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