Dallas, Texas prices: $2,000 in 1972 $14,958.42 in 2024

Inflation in Texas

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Prices in Dallas, 1972-2024 ($2,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 647.92% higher in 2024 versus 1972 (a $12,958.42 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, $2,000 in Dallas in the year 1972 would cost $14,958.42 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.94% 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
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Buying power of $2,000.00 since 1972

Below are calculations of equivalent buying power in Dallas, over time, for $2,000 beginning in 1972. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1972$2,000.002.92%
1973$2,103.675.18%
1974$2,312.289.92%
1975$2,525.929.24%
1976$2,679.966.10%
1977$2,877.237.36%
1978$3,102.207.82%
1979$3,487.5112.42%
1980$4,078.4916.95%
1981$4,557.4011.74%
1982$4,832.746.04%
1983$5,009.443.66%
1984$5,244.914.70%
1985$5,441.343.75%
1986$5,536.621.75%
1987$5,674.712.49%
1988$5,839.662.91%
1989$6,014.272.99%
1990$6,286.254.52%
1991$6,580.484.68%
1992$6,739.982.42%
1993$6,908.712.50%
1994$7,103.882.83%
1995$7,288.982.61%
1996$7,488.352.74%
1997$7,621.831.78%
1998$7,729.701.42%
1999$7,947.952.82%
2000$8,282.064.20%
2001$8,574.193.53%
2002$8,690.871.36%
2003$8,873.872.11%
2004$8,992.241.33%
2005$9,282.693.23%
2006$9,572.303.12%
2007$9,716.041.50%
2008$10,160.584.58%
2009$10,093.57-0.66%
2010$10,152.970.59%
2011$10,460.443.03%
2012$10,679.942.10%
2013$10,873.691.81%
2014$11,002.791.19%
2015$10,947.80-0.50%
2016$11,101.341.40%
2017$11,384.252.55%
2018$11,719.272.94%
2019$11,965.322.10%
2020$12,039.510.62%
2021$12,645.535.03%
2022$13,761.548.83%
2023$14,486.555.27%
2024$14,958.423.26%*

* 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 * $2,000 = $14,958.42

Therefore, according to U.S. Bureau of Labor Statistics, $2,000 in 1972 has the same "purchasing power" as $14,958.42 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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