Dallas, Texas prices: $20 in 1972 $149.58 in 2024

Inflation in Texas

$

Prices in Dallas, 1972-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 647.92% higher in 2024 versus 1972 (a $129.58 difference in value).

Between 1972 and 2024: Dallas experienced an average inflation rate of 3.95% per year. This rate of change indicates significant inflation. In other words, $20 in Dallas in the year 1972 would cost $149.58 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.93% during this same period, inflation in Dallas was higher.

In the year 1972: Pricing changed by 2.92%, which is below the average yearly change in Dallas during the 1972-2024 time period. Compared to inflation for all items in 1972 (3.27%), 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
Admission to sporting events · Detroit, Michigan · Women's apparel · San Francisco, California · More

Buying power of $20.00 since 1972

Below are calculations of equivalent buying power in Dallas, over time, for $20 beginning in 1972. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1972$20.002.92%
1973$21.045.18%
1974$23.129.92%
1975$25.269.24%
1976$26.806.10%
1977$28.777.36%
1978$31.027.82%
1979$34.8812.42%
1980$40.7816.95%
1981$45.5711.74%
1982$48.336.04%
1983$50.093.66%
1984$52.454.70%
1985$54.413.75%
1986$55.371.75%
1987$56.752.49%
1988$58.402.91%
1989$60.142.99%
1990$62.864.52%
1991$65.804.68%
1992$67.402.42%
1993$69.092.50%
1994$71.042.83%
1995$72.892.61%
1996$74.882.74%
1997$76.221.78%
1998$77.301.42%
1999$79.482.82%
2000$82.824.20%
2001$85.743.53%
2002$86.911.36%
2003$88.742.11%
2004$89.921.33%
2005$92.833.23%
2006$95.723.12%
2007$97.161.50%
2008$101.614.58%
2009$100.94-0.66%
2010$101.530.59%
2011$104.603.03%
2012$106.802.10%
2013$108.741.81%
2014$110.031.19%
2015$109.48-0.50%
2016$111.011.40%
2017$113.842.55%
2018$117.192.94%
2019$119.652.10%
2020$120.400.62%
2021$126.465.03%
2022$137.628.83%
2023$144.875.27%
2024$149.583.26%*

* 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 1972 * 1972 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 39.708 in the year 1972 and 296.987 in 2024:

296.987 / 39.708 * $20 = $149.58

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1972 has the same "purchasing power" as $149.58 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.

» Read more about inflation and investment.