Dallas, Texas prices: $60 in 1973 $426.64 in 2024

Inflation in Texas

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Prices in Dallas, 1973-2024 ($60)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 611.06% higher in 2024 versus 1973 (a $366.64 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, $60 in Dallas in the year 1973 would cost $426.64 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 $60.00 since 1973

Below are calculations of equivalent buying power in Dallas, over time, for $60 beginning in 1973. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1973$60.005.18%
1974$65.959.92%
1975$72.049.24%
1976$76.446.10%
1977$82.067.36%
1978$88.487.82%
1979$99.4712.42%
1980$116.3216.95%
1981$129.9811.74%
1982$137.846.04%
1983$142.883.66%
1984$149.594.70%
1985$155.203.75%
1986$157.911.75%
1987$161.852.49%
1988$166.562.91%
1989$171.542.99%
1990$179.294.52%
1991$187.694.68%
1992$192.232.42%
1993$197.052.50%
1994$202.612.83%
1995$207.892.61%
1996$213.582.74%
1997$217.391.78%
1998$220.461.42%
1999$226.692.82%
2000$236.224.20%
2001$244.553.53%
2002$247.881.36%
2003$253.102.11%
2004$256.471.33%
2005$264.763.23%
2006$273.023.12%
2007$277.121.50%
2008$289.804.58%
2009$287.88-0.66%
2010$289.580.59%
2011$298.353.03%
2012$304.612.10%
2013$310.131.81%
2014$313.821.19%
2015$312.25-0.50%
2016$316.631.40%
2017$324.702.55%
2018$334.252.94%
2019$341.272.10%
2020$343.390.62%
2021$360.675.03%
2022$392.508.83%
2023$413.185.27%
2024$426.643.26%*

* 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 * $60 = $426.64

Therefore, according to U.S. Bureau of Labor Statistics, $60 in 1973 has the same "purchasing power" as $426.64 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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