Dallas, Texas prices: $10 in 1974 $64.69 in 2024

Inflation in Texas

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Prices in Dallas, 1974-2024 ($10)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 546.91% higher in 2024 versus 1974 (a $54.69 difference in value).

Between 1974 and 2024: Dallas experienced an average inflation rate of 3.80% per year. This rate of change indicates significant inflation. In other words, $10 in Dallas in the year 1974 would cost $64.69 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.75% during this same period, inflation in Dallas was higher.

In the year 1974: Pricing changed by 9.92%, which is significantly above the average yearly change in Dallas during the 1974-2024 time period. Compared to inflation for all items in 1974 (11.05%), 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 $10.00 since 1974

Below are calculations of equivalent buying power in Dallas, over time, for $10 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1974$10.009.92%
1975$10.929.24%
1976$11.596.10%
1977$12.447.36%
1978$13.427.82%
1979$15.0812.42%
1980$17.6416.95%
1981$19.7111.74%
1982$20.906.04%
1983$21.663.66%
1984$22.684.70%
1985$23.533.75%
1986$23.941.75%
1987$24.542.49%
1988$25.262.91%
1989$26.012.99%
1990$27.194.52%
1991$28.464.68%
1992$29.152.42%
1993$29.882.50%
1994$30.722.83%
1995$31.522.61%
1996$32.392.74%
1997$32.961.78%
1998$33.431.42%
1999$34.372.82%
2000$35.824.20%
2001$37.083.53%
2002$37.591.36%
2003$38.382.11%
2004$38.891.33%
2005$40.153.23%
2006$41.403.12%
2007$42.021.50%
2008$43.944.58%
2009$43.65-0.66%
2010$43.910.59%
2011$45.243.03%
2012$46.192.10%
2013$47.031.81%
2014$47.581.19%
2015$47.35-0.50%
2016$48.011.40%
2017$49.232.55%
2018$50.682.94%
2019$51.752.10%
2020$52.070.62%
2021$54.695.03%
2022$59.528.83%
2023$62.655.27%
2024$64.693.26%*

* 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 1974 * 1974 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 45.908 in the year 1974 and 296.987 in 2024:

296.987 / 45.908 * $10 = $64.69

Therefore, according to U.S. Bureau of Labor Statistics, $10 in 1974 has the same "purchasing power" as $64.69 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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