Dallas, Texas prices: $8 in 1971 $62.72 in 2026

Inflation in Texas

$

Prices in Dallas, 1971-2026 ($8)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 684% higher in 2026 versus 1971 (a $54.72 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, $8 in Dallas in the year 1971 would cost $62.72 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
Wine at home · San Diego, California · Bananas · Bread · More

Buying power of $8.00 since 1971

Below are calculations of equivalent buying power in Dallas, over time, for $8 beginning in 1971. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1971$8.003.07%
1972$8.232.92%
1973$8.665.18%
1974$9.529.92%
1975$10.409.24%
1976$11.036.10%
1977$11.847.36%
1978$12.777.82%
1979$14.3612.42%
1980$16.7916.95%
1981$18.7611.74%
1982$19.896.04%
1983$20.623.66%
1984$21.594.70%
1985$22.403.75%
1986$22.791.75%
1987$23.362.49%
1988$24.042.91%
1989$24.762.99%
1990$25.884.52%
1991$27.094.68%
1992$27.752.42%
1993$28.442.50%
1994$29.242.83%
1995$30.012.61%
1996$30.832.74%
1997$31.381.78%
1998$31.821.42%
1999$32.722.82%
2000$34.094.20%
2001$35.303.53%
2002$35.781.36%
2003$36.532.11%
2004$37.021.33%
2005$38.213.23%
2006$39.413.12%
2007$40.001.50%
2008$41.834.58%
2009$41.55-0.66%
2010$41.800.59%
2011$43.063.03%
2012$43.972.10%
2013$44.761.81%
2014$45.291.19%
2015$45.07-0.50%
2016$45.701.40%
2017$46.862.55%
2018$48.242.94%
2019$49.262.10%
2020$49.560.62%
2021$52.065.03%
2022$56.658.83%
2023$59.645.27%
2024$61.993.95%
2025$62.901.47%
2026$62.72-0.29%*

* 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 * $8 = $62.72

Therefore, according to U.S. Bureau of Labor Statistics, $8 in 1971 has the same "purchasing power" as $62.72 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.

» Read more about inflation and investment.