Dallas, Texas prices: $300 in 1972 $2,243.76 in 2024

Inflation in Texas

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Prices in Dallas, 1972-2024 ($300)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 647.92% higher in 2024 versus 1972 (a $1,943.76 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, $300 in Dallas in the year 1972 would cost $2,243.76 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
Food · Frankfurters · Housing · New trucks · More

Buying power of $300.00 since 1972

Below are calculations of equivalent buying power in Dallas, over time, for $300 beginning in 1972. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1972$300.002.92%
1973$315.555.18%
1974$346.849.92%
1975$378.899.24%
1976$401.996.10%
1977$431.587.36%
1978$465.337.82%
1979$523.1312.42%
1980$611.7716.95%
1981$683.6111.74%
1982$724.916.04%
1983$751.423.66%
1984$786.744.70%
1985$816.203.75%
1986$830.491.75%
1987$851.212.49%
1988$875.952.91%
1989$902.142.99%
1990$942.944.52%
1991$987.074.68%
1992$1,011.002.42%
1993$1,036.312.50%
1994$1,065.582.83%
1995$1,093.352.61%
1996$1,123.252.74%
1997$1,143.271.78%
1998$1,159.451.42%
1999$1,192.192.82%
2000$1,242.314.20%
2001$1,286.133.53%
2002$1,303.631.36%
2003$1,331.082.11%
2004$1,348.841.33%
2005$1,392.403.23%
2006$1,435.843.12%
2007$1,457.411.50%
2008$1,524.094.58%
2009$1,514.03-0.66%
2010$1,522.950.59%
2011$1,569.073.03%
2012$1,601.992.10%
2013$1,631.051.81%
2014$1,650.421.19%
2015$1,642.17-0.50%
2016$1,665.201.40%
2017$1,707.642.55%
2018$1,757.892.94%
2019$1,794.802.10%
2020$1,805.930.62%
2021$1,896.835.03%
2022$2,064.238.83%
2023$2,172.985.27%
2024$2,243.763.26%*

* 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 * $300 = $2,243.76

Therefore, according to U.S. Bureau of Labor Statistics, $300 in 1972 has the same "purchasing power" as $2,243.76 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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