Dallas, Texas prices: $7,400 in 1971 $58,015.94 in 2026

Inflation in Texas

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Prices in Dallas, 1971-2026 ($7,400)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 684% higher in 2026 versus 1971 (a $50,615.94 difference in value).

Between 1971 and 2026: Dallas experienced an average inflation rate of 3.82% per year. This rate of change indicates significant inflation. In other words, $7,400 in Dallas in the year 1971 would cost $58,015.94 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.85% 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 1971-2026 time period. Compared to inflation for all items in 1971 (4.29%), 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 $7,400.00 since 1971

Below are calculations of equivalent buying power in Dallas, over time, for $7,400 beginning in 1971. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1971$7,400.003.07%
1972$7,615.772.92%
1973$8,010.545.18%
1974$8,804.889.92%
1975$9,618.409.24%
1976$10,204.976.10%
1977$10,956.167.36%
1978$11,812.837.82%
1979$13,280.0412.42%
1980$15,530.4116.95%
1981$17,354.0411.74%
1982$18,402.516.04%
1983$19,075.383.66%
1984$19,972.014.70%
1985$20,720.003.75%
1986$21,082.811.75%
1987$21,608.642.49%
1988$22,236.762.91%
1989$22,901.642.99%
1990$23,937.324.52%
1991$25,057.714.68%
1992$25,665.052.42%
1993$26,307.562.50%
1994$27,050.762.83%
1995$27,755.592.61%
1996$28,514.772.74%
1997$29,023.021.78%
1998$29,433.781.42%
1999$30,264.882.82%
2000$31,537.114.20%
2001$32,649.503.53%
2002$33,093.821.36%
2003$33,790.672.11%
2004$34,241.381.33%
2005$35,347.393.23%
2006$36,450.193.12%
2007$36,997.541.50%
2008$38,690.304.58%
2009$38,435.12-0.66%
2010$38,661.340.59%
2011$39,832.143.03%
2012$40,667.972.10%
2013$41,405.731.81%
2014$41,897.331.19%
2015$41,687.96-0.50%
2016$42,272.601.40%
2017$43,349.902.55%
2018$44,625.612.94%
2019$45,562.552.10%
2020$45,845.060.62%
2021$48,152.715.03%
2022$52,402.368.83%
2023$55,163.085.27%
2024$57,343.543.95%
2025$58,185.451.47%
2026$58,015.94-0.29%*

* 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:

Year1963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.987303.377302.493

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1971 * 1971 USD value = 2026 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 302.493 in 2026:

302.493 / 38.583 * $7,400 = $58,015.94

Therefore, according to U.S. Bureau of Labor Statistics, $7,400 in 1971 has the same "purchasing power" as $58,015.94 in 2026 (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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