Dallas, Texas prices: $3.50 in 2004 $5.81 in 2024

Inflation in Texas

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Prices in Dallas, 2004-2024 ($3.50)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 65.86% higher in 2024 versus 2004 (a $2.31 difference in value).

Between 2004 and 2024: Dallas experienced an average inflation rate of 2.56% per year. This rate of change indicates significant inflation. In other words, $3.50 in Dallas in the year 2004 would cost $5.81 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.50% during this same period, inflation in Dallas was higher.

In the year 2004: Pricing changed by 1.33%, which is below the average yearly change in Dallas during the 2004-2024 time period. Compared to inflation for all items in 2004 (2.68%), 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 $3.50 since 2004

Below are calculations of equivalent buying power in Dallas, over time, for $3.50 beginning in 2004. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2004$3.501.33%
2005$3.613.23%
2006$3.733.12%
2007$3.781.50%
2008$3.954.58%
2009$3.93-0.66%
2010$3.950.59%
2011$4.073.03%
2012$4.162.10%
2013$4.231.81%
2014$4.281.19%
2015$4.26-0.50%
2016$4.321.40%
2017$4.432.55%
2018$4.562.94%
2019$4.662.10%
2020$4.690.62%
2021$4.925.03%
2022$5.368.83%
2023$5.645.27%
2024$5.812.96%*

* 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 2004 * 2004 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 178.533 in the year 2004 and 296.121 in 2024:

296.121 / 178.533 * $3.50 = $5.81

Therefore, according to U.S. Bureau of Labor Statistics, $3.50 in 2004 has the same "purchasing power" as $5.81 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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