Dallas, Texas prices: $12 in 1973 $85.33 in 2024

Inflation in Texas

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Prices in Dallas, 1973-2024 ($12)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 611.06% higher in 2024 versus 1973 (a $73.33 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, $12 in Dallas in the year 1973 would cost $85.33 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.89% 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
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Buying power of $12.00 since 1973

Below are calculations of equivalent buying power in Dallas, over time, for $12 beginning in 1973. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1973$12.005.18%
1974$13.199.92%
1975$14.419.24%
1976$15.296.10%
1977$16.417.36%
1978$17.707.82%
1979$19.8912.42%
1980$23.2616.95%
1981$26.0011.74%
1982$27.576.04%
1983$28.583.66%
1984$29.924.70%
1985$31.043.75%
1986$31.581.75%
1987$32.372.49%
1988$33.312.91%
1989$34.312.99%
1990$35.864.52%
1991$37.544.68%
1992$38.452.42%
1993$39.412.50%
1994$40.522.83%
1995$41.582.61%
1996$42.722.74%
1997$43.481.78%
1998$44.091.42%
1999$45.342.82%
2000$47.244.20%
2001$48.913.53%
2002$49.581.36%
2003$50.622.11%
2004$51.291.33%
2005$52.953.23%
2006$54.603.12%
2007$55.421.50%
2008$57.964.58%
2009$57.58-0.66%
2010$57.920.59%
2011$59.673.03%
2012$60.922.10%
2013$62.031.81%
2014$62.761.19%
2015$62.45-0.50%
2016$63.331.40%
2017$64.942.55%
2018$66.852.94%
2019$68.252.10%
2020$68.680.62%
2021$72.135.03%
2022$78.508.83%
2023$82.645.27%
2024$85.333.26%*

* 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 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 296.987 in 2024:

296.987 / 41.767 * $12 = $85.33

Therefore, according to U.S. Bureau of Labor Statistics, $12 in 1973 has the same "purchasing power" as $85.33 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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