Dallas, Texas prices: $873 in 1973 $6,207.57 in 2024

Inflation in Texas

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Prices in Dallas, 1973-2024 ($873)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 611.06% higher in 2024 versus 1973 (a $5,334.57 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, $873 in Dallas in the year 1973 would cost $6,207.57 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 $873.00 since 1973

Below are calculations of equivalent buying power in Dallas, over time, for $873 beginning in 1973. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1973$873.005.18%
1974$959.579.92%
1975$1,048.239.24%
1976$1,112.156.10%
1977$1,194.027.36%
1978$1,287.387.82%
1979$1,447.2812.42%
1980$1,692.5316.95%
1981$1,891.2711.74%
1982$2,005.536.04%
1983$2,078.863.66%
1984$2,176.584.70%
1985$2,258.093.75%
1986$2,297.631.75%
1987$2,354.942.49%
1988$2,423.392.91%
1989$2,495.852.99%
1990$2,608.724.52%
1991$2,730.824.68%
1992$2,797.012.42%
1993$2,867.042.50%
1994$2,948.032.83%
1995$3,024.842.61%
1996$3,107.582.74%
1997$3,162.971.78%
1998$3,207.741.42%
1999$3,298.312.82%
2000$3,436.964.20%
2001$3,558.193.53%
2002$3,606.611.36%
2003$3,682.562.11%
2004$3,731.671.33%
2005$3,852.213.23%
2006$3,972.393.12%
2007$4,032.041.50%
2008$4,216.524.58%
2009$4,188.71-0.66%
2010$4,213.370.59%
2011$4,340.963.03%
2012$4,432.052.10%
2013$4,512.461.81%
2014$4,566.031.19%
2015$4,543.21-0.50%
2016$4,606.931.40%
2017$4,724.332.55%
2018$4,863.362.94%
2019$4,965.472.10%
2020$4,996.260.62%
2021$5,247.755.03%
2022$5,710.888.83%
2023$6,011.755.27%
2024$6,207.573.26%*

* 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 * $873 = $6,207.57

Therefore, according to U.S. Bureau of Labor Statistics, $873 in 1973 has the same "purchasing power" as $6,207.57 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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