Dallas, Texas prices: $42,000 in 1972 $314,126.86 in 2024

Inflation in Texas

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Prices in Dallas, 1972-2024 ($42,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 647.92% higher in 2024 versus 1972 (a $272,126.86 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, $42,000 in Dallas in the year 1972 would cost $314,126.86 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 $42,000.00 since 1972

Below are calculations of equivalent buying power in Dallas, over time, for $42,000 beginning in 1972. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1972$42,000.002.92%
1973$44,177.125.18%
1974$48,557.829.92%
1975$53,044.289.24%
1976$56,279.126.10%
1977$60,421.837.36%
1978$65,146.277.82%
1979$73,237.7812.42%
1980$85,648.2716.95%
1981$95,705.3511.74%
1982$101,487.516.04%
1983$105,198.323.66%
1984$110,143.134.70%
1985$114,268.213.75%
1986$116,269.051.75%
1987$119,168.942.49%
1988$122,632.952.91%
1989$126,299.692.99%
1990$132,011.334.52%
1991$138,190.144.68%
1992$141,539.562.42%
1993$145,082.902.50%
1994$149,181.532.83%
1995$153,068.632.61%
1996$157,255.402.74%
1997$160,058.341.78%
1998$162,323.611.42%
1999$166,907.032.82%
2000$173,923.194.20%
2001$180,057.923.53%
2002$182,508.291.36%
2003$186,351.312.11%
2004$188,836.941.33%
2005$194,936.413.23%
2006$201,018.263.12%
2007$204,036.791.50%
2008$213,372.164.58%
2009$211,964.88-0.66%
2010$213,212.450.59%
2011$219,669.253.03%
2012$224,278.772.10%
2013$228,347.431.81%
2014$231,058.531.19%
2015$229,903.86-0.50%
2016$233,128.121.40%
2017$239,069.292.55%
2018$246,104.662.94%
2019$251,271.762.10%
2020$252,829.780.62%
2021$265,556.175.03%
2022$288,992.448.83%
2023$304,217.505.27%
2024$314,126.863.26%*

* 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 * $42,000 = $314,126.86

Therefore, according to U.S. Bureau of Labor Statistics, $42,000 in 1972 has the same "purchasing power" as $314,126.86 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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