Dallas, Texas prices: $300 in 1973 $2,133.19 in 2024

Inflation in Texas

$

Prices in Dallas, 1973-2024 ($300)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 611.06% higher in 2024 versus 1973 (a $1,833.19 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, $300 in Dallas in the year 1973 would cost $2,133.19 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
Admission to sporting events · Women's apparel · Denver, Colorado · Financial services · More

Buying power of $300.00 since 1973

Below are calculations of equivalent buying power in Dallas, over time, for $300 beginning in 1973. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1973$300.005.18%
1974$329.759.92%
1975$360.229.24%
1976$382.186.10%
1977$410.327.36%
1978$442.407.82%
1979$497.3512.42%
1980$581.6216.95%
1981$649.9211.74%
1982$689.196.04%
1983$714.393.66%
1984$747.964.70%
1985$775.983.75%
1986$789.571.75%
1987$809.262.49%
1988$832.782.91%
1989$857.682.99%
1990$896.474.52%
1991$938.434.68%
1992$961.172.42%
1993$985.242.50%
1994$1,013.072.83%
1995$1,039.472.61%
1996$1,067.902.74%
1997$1,086.931.78%
1998$1,102.311.42%
1999$1,133.442.82%
2000$1,181.094.20%
2001$1,222.753.53%
2002$1,239.391.36%
2003$1,265.482.11%
2004$1,282.361.33%
2005$1,323.783.23%
2006$1,365.083.12%
2007$1,385.581.50%
2008$1,448.984.58%
2009$1,439.42-0.66%
2010$1,447.890.59%
2011$1,491.743.03%
2012$1,523.042.10%
2013$1,550.671.81%
2014$1,569.081.19%
2015$1,561.24-0.50%
2016$1,583.141.40%
2017$1,623.482.55%
2018$1,671.262.94%
2019$1,706.352.10%
2020$1,716.930.62%
2021$1,803.355.03%
2022$1,962.508.83%
2023$2,065.895.27%
2024$2,133.193.26%*

* 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 * $300 = $2,133.19

Therefore, according to U.S. Bureau of Labor Statistics, $300 in 1973 has the same "purchasing power" as $2,133.19 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.