Dallas, Texas prices: $940 in 1971 $7,391.68 in 2025

Inflation in Texas

$

Prices in Dallas, 1971-2025 ($940)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 686.35% higher in 2025 versus 1971 (a $6,451.68 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, $940 in Dallas in the year 1971 would cost $7,391.68 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
Financial services · Gasoline (all types) · Juices and nonalcoholic drinks · Medical care · More

Buying power of $940.00 since 1971

Below are calculations of equivalent buying power in Dallas, over time, for $940 beginning in 1971. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1971$940.003.07%
1972$967.412.92%
1973$1,017.565.18%
1974$1,118.469.92%
1975$1,221.809.24%
1976$1,296.316.10%
1977$1,391.737.36%
1978$1,500.557.82%
1979$1,686.9212.42%
1980$1,972.7816.95%
1981$2,204.4311.74%
1982$2,337.626.04%
1983$2,423.093.66%
1984$2,536.984.70%
1985$2,632.003.75%
1986$2,678.091.75%
1987$2,744.882.49%
1988$2,824.672.91%
1989$2,909.132.99%
1990$3,040.694.52%
1991$3,183.014.68%
1992$3,260.162.42%
1993$3,341.772.50%
1994$3,436.182.83%
1995$3,525.712.61%
1996$3,622.152.74%
1997$3,686.711.78%
1998$3,738.891.42%
1999$3,844.462.82%
2000$4,006.064.20%
2001$4,147.373.53%
2002$4,203.811.36%
2003$4,292.332.11%
2004$4,349.581.33%
2005$4,490.073.23%
2006$4,630.163.12%
2007$4,699.691.50%
2008$4,914.714.58%
2009$4,882.30-0.66%
2010$4,911.040.59%
2011$5,059.763.03%
2012$5,165.932.10%
2013$5,259.651.81%
2014$5,322.091.19%
2015$5,295.50-0.50%
2016$5,369.761.40%
2017$5,506.612.55%
2018$5,668.662.94%
2019$5,787.682.10%
2020$5,823.560.62%
2021$6,116.705.03%
2022$6,656.528.83%
2023$7,007.205.27%
2024$7,284.183.95%
2025$7,391.681.48%*

* 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 * $940 = $7,391.68

Therefore, according to U.S. Bureau of Labor Statistics, $940 in 1971 has the same "purchasing power" as $7,391.68 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.

» Read more about inflation and investment.