Dallas, Texas prices: $3.18 in 1997 $6.22 in 2024

Inflation in Texas

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Prices in Dallas, 1997-2024 ($3.18)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 95.69% higher in 2024 versus 1997 (a $3.04 difference in value).

Between 1997 and 2024: Dallas experienced an average inflation rate of 2.52% per year. This rate of change indicates significant inflation. In other words, $3.18 in Dallas in the year 1997 would cost $6.22 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 1997: Pricing changed by 1.78%, which is below the average yearly change in Dallas during the 1997-2024 time period. Compared to inflation for all items in 1997 (2.33%), 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 $3.18 since 1997

Below are calculations of equivalent buying power in Dallas, over time, for $3.18 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$3.181.78%
1998$3.231.42%
1999$3.322.82%
2000$3.464.20%
2001$3.583.53%
2002$3.631.36%
2003$3.702.11%
2004$3.751.33%
2005$3.873.23%
2006$3.993.12%
2007$4.051.50%
2008$4.244.58%
2009$4.21-0.66%
2010$4.240.59%
2011$4.363.03%
2012$4.462.10%
2013$4.541.81%
2014$4.591.19%
2015$4.57-0.50%
2016$4.631.40%
2017$4.752.55%
2018$4.892.94%
2019$4.992.10%
2020$5.020.62%
2021$5.285.03%
2022$5.748.83%
2023$6.045.27%
2024$6.222.96%*

* 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 1997 * 1997 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 151.325 in the year 1997 and 296.121 in 2024:

296.121 / 151.325 * $3.18 = $6.22

Therefore, according to U.S. Bureau of Labor Statistics, $3.18 in 1997 has the same "purchasing power" as $6.22 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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