Dallas, Texas prices: $0.29 in 1973 $2.06 in 2024

Inflation in Texas

$

Prices in Dallas, 1973-2024 ($0.29)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 608.99% higher in 2024 versus 1973 (a $1.77 difference in value).

Between 1973 and 2024: Dallas experienced an average inflation rate of 3.92% per year. This rate of change indicates significant inflation. In other words, $0.29 in Dallas in the year 1973 would cost $2.06 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.88% during this same period, inflation in Dallas was higher.

In the year 1973: Pricing changed by 5.18%, which is above the average yearly change in Dallas during the 1973-2024 time period. Compared to inflation for all items in 1973 (6.18%), 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
Frankfurters · Seattle, Washington · Tampa, Florida · Dental services · More

Buying power of $0.29 since 1973

Below are calculations of equivalent buying power in Dallas, over time, for $0.29 beginning in 1973. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1973$0.295.18%
1974$0.329.92%
1975$0.359.24%
1976$0.376.10%
1977$0.407.36%
1978$0.437.82%
1979$0.4812.42%
1980$0.5616.95%
1981$0.6311.74%
1982$0.676.04%
1983$0.693.66%
1984$0.724.70%
1985$0.753.75%
1986$0.761.75%
1987$0.782.49%
1988$0.812.91%
1989$0.832.99%
1990$0.874.52%
1991$0.914.68%
1992$0.932.42%
1993$0.952.50%
1994$0.982.83%
1995$1.002.61%
1996$1.032.74%
1997$1.051.78%
1998$1.071.42%
1999$1.102.82%
2000$1.144.20%
2001$1.183.53%
2002$1.201.36%
2003$1.222.11%
2004$1.241.33%
2005$1.283.23%
2006$1.323.12%
2007$1.341.50%
2008$1.404.58%
2009$1.39-0.66%
2010$1.400.59%
2011$1.443.03%
2012$1.472.10%
2013$1.501.81%
2014$1.521.19%
2015$1.51-0.50%
2016$1.531.40%
2017$1.572.55%
2018$1.622.94%
2019$1.652.10%
2020$1.660.62%
2021$1.745.03%
2022$1.908.83%
2023$2.005.27%
2024$2.062.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1973 * 1973 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 41.767 in the year 1973 and 296.121 in 2024:

296.121 / 41.767 * $0.29 = $2.06

Therefore, according to U.S. Bureau of Labor Statistics, $0.29 in 1973 has the same "purchasing power" as $2.06 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.