Dallas, Texas prices: $14.80 in 1973 $105.24 in 2024

Inflation in Texas

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Prices in Dallas, 1973-2024 ($14.80)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 611.06% higher in 2024 versus 1973 (a $90.44 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, $14.80 in Dallas in the year 1973 would cost $105.24 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 $14.80 since 1973

Below are calculations of equivalent buying power in Dallas, over time, for $14.80 beginning in 1973. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1973$14.805.18%
1974$16.279.92%
1975$17.779.24%
1976$18.856.10%
1977$20.247.36%
1978$21.827.82%
1979$24.5412.42%
1980$28.6916.95%
1981$32.0611.74%
1982$34.006.04%
1983$35.243.66%
1984$36.904.70%
1985$38.283.75%
1986$38.951.75%
1987$39.922.49%
1988$41.082.91%
1989$42.312.99%
1990$44.234.52%
1991$46.304.68%
1992$47.422.42%
1993$48.602.50%
1994$49.982.83%
1995$51.282.61%
1996$52.682.74%
1997$53.621.78%
1998$54.381.42%
1999$55.922.82%
2000$58.274.20%
2001$60.323.53%
2002$61.141.36%
2003$62.432.11%
2004$63.261.33%
2005$65.313.23%
2006$67.343.12%
2007$68.361.50%
2008$71.484.58%
2009$71.01-0.66%
2010$71.430.59%
2011$73.593.03%
2012$75.142.10%
2013$76.501.81%
2014$77.411.19%
2015$77.02-0.50%
2016$78.101.40%
2017$80.092.55%
2018$82.452.94%
2019$84.182.10%
2020$84.700.62%
2021$88.975.03%
2022$96.828.83%
2023$101.925.27%
2024$105.243.26%*

* 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 * $14.80 = $105.24

Therefore, according to U.S. Bureau of Labor Statistics, $14.80 in 1973 has the same "purchasing power" as $105.24 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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