Dallas, Texas prices: $5 in 1996 $9.96 in 2024

Inflation in Texas

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Prices in Dallas, 1996-2024 ($5)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 99.17% higher in 2024 versus 1996 (a $4.96 difference in value).

Between 1996 and 2024: Dallas experienced an average inflation rate of 2.49% per year. This rate of change indicates significant inflation. In other words, $5 in Dallas in the year 1996 would cost $9.96 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.46% during this same period, inflation in Dallas was higher.

In the year 1996: Pricing changed by 2.74%, which is above the average yearly change in Dallas during the 1996-2024 time period. Compared to inflation for all items in 1996 (2.93%), 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
Jewelry · New trucks · Fresh fruits · Food · More

Buying power of $5.00 since 1996

Below are calculations of equivalent buying power in Dallas, over time, for $5 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$5.002.74%
1997$5.091.78%
1998$5.161.42%
1999$5.312.82%
2000$5.534.20%
2001$5.733.53%
2002$5.801.36%
2003$5.932.11%
2004$6.001.33%
2005$6.203.23%
2006$6.393.12%
2007$6.491.50%
2008$6.784.58%
2009$6.74-0.66%
2010$6.780.59%
2011$6.983.03%
2012$7.132.10%
2013$7.261.81%
2014$7.351.19%
2015$7.31-0.50%
2016$7.411.40%
2017$7.602.55%
2018$7.822.94%
2019$7.992.10%
2020$8.040.62%
2021$8.445.03%
2022$9.198.83%
2023$9.675.27%
2024$9.962.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1996 * 1996 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 148.675 in the year 1996 and 296.121 in 2024:

296.121 / 148.675 * $5 = $9.96

Therefore, according to U.S. Bureau of Labor Statistics, $5 in 1996 has the same "purchasing power" as $9.96 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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