According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas were 9.09% higher in 2020 versus 2014 (a $0.09 difference in value).
Between 2014 and 2020: Dallas experienced an average inflation rate of 1.46% per year. In other words, $1 in Dallas in the year 2014 would cost $1.09 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.45% during this same period, inflation in Dallas was higher.
In the year 2014: Pricing changed by 1.19%, which is below the average yearly change in Dallas during the 2014-2020 time period. Compared to inflation for all items in 2014 (1.62%), inflation in Dallas was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Dallas-Fort Worth, Texas:
Below are calculations of equivalent buying power in Dallas, over time, for $1 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|