Dallas, Texas prices: $1 in 1973 $7.09 in 2024

Inflation in Texas

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Prices in Dallas, 1973-2024 ($1)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 608.99% higher in 2024 versus 1973 (a $6.09 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, $1 in Dallas in the year 1973 would cost $7.09 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 · Televisions · Admission to sporting events · Dallas-Fort Worth, Texas · More

Buying power of $1.00 since 1973

Below are calculations of equivalent buying power in Dallas, over time, for $1 beginning in 1973. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1973$1.005.18%
1974$1.109.92%
1975$1.209.24%
1976$1.276.10%
1977$1.377.36%
1978$1.477.82%
1979$1.6612.42%
1980$1.9416.95%
1981$2.1711.74%
1982$2.306.04%
1983$2.383.66%
1984$2.494.70%
1985$2.593.75%
1986$2.631.75%
1987$2.702.49%
1988$2.782.91%
1989$2.862.99%
1990$2.994.52%
1991$3.134.68%
1992$3.202.42%
1993$3.282.50%
1994$3.382.83%
1995$3.462.61%
1996$3.562.74%
1997$3.621.78%
1998$3.671.42%
1999$3.782.82%
2000$3.944.20%
2001$4.083.53%
2002$4.131.36%
2003$4.222.11%
2004$4.271.33%
2005$4.413.23%
2006$4.553.12%
2007$4.621.50%
2008$4.834.58%
2009$4.80-0.66%
2010$4.830.59%
2011$4.973.03%
2012$5.082.10%
2013$5.171.81%
2014$5.231.19%
2015$5.20-0.50%
2016$5.281.40%
2017$5.412.55%
2018$5.572.94%
2019$5.692.10%
2020$5.720.62%
2021$6.015.03%
2022$6.548.83%
2023$6.895.27%
2024$7.092.96%*

* 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 * $1 = $7.09

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1973 has the same "purchasing power" as $7.09 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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