Dallas, Texas prices: $385 in 1973 $2,737.59 in 2024

Inflation in Texas

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Prices in Dallas, 1973-2024 ($385)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 611.06% higher in 2024 versus 1973 (a $2,352.59 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, $385 in Dallas in the year 1973 would cost $2,737.59 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
Houston, Texas · Alcoholic beverages · Dental services · Electricity · More

Buying power of $385.00 since 1973

Below are calculations of equivalent buying power in Dallas, over time, for $385 beginning in 1973. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1973$385.005.18%
1974$423.189.92%
1975$462.289.24%
1976$490.476.10%
1977$526.577.36%
1978$567.747.82%
1979$638.2612.42%
1980$746.4216.95%
1981$834.0611.74%
1982$884.466.04%
1983$916.793.66%
1984$959.894.70%
1985$995.843.75%
1986$1,013.281.75%
1987$1,038.552.49%
1988$1,068.742.91%
1989$1,100.692.99%
1990$1,150.474.52%
1991$1,204.324.68%
1992$1,233.512.42%
1993$1,264.392.50%
1994$1,300.102.83%
1995$1,333.982.61%
1996$1,370.472.74%
1997$1,394.901.78%
1998$1,414.641.42%
1999$1,454.582.82%
2000$1,515.734.20%
2001$1,569.193.53%
2002$1,590.541.36%
2003$1,624.042.11%
2004$1,645.701.33%
2005$1,698.853.23%
2006$1,751.863.12%
2007$1,778.161.50%
2008$1,859.524.58%
2009$1,847.26-0.66%
2010$1,858.130.59%
2011$1,914.403.03%
2012$1,954.572.10%
2013$1,990.031.81%
2014$2,013.661.19%
2015$2,003.59-0.50%
2016$2,031.691.40%
2017$2,083.472.55%
2018$2,144.782.94%
2019$2,189.812.10%
2020$2,203.390.62%
2021$2,314.305.03%
2022$2,518.558.83%
2023$2,651.235.27%
2024$2,737.593.26%*

* 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 * $385 = $2,737.59

Therefore, according to U.S. Bureau of Labor Statistics, $385 in 1973 has the same "purchasing power" as $2,737.59 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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