According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 21.36% higher in 2023 versus 2018 (a $0.21 difference in value).
Between 2018 and 2023: Dallas experienced an average inflation rate of 3.95% per year. This rate of change indicates significant inflation. In other words, $1 in Dallas in the year 2018 would cost $1.21 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 3.71% during this same period, inflation in Dallas was higher.
In the year 2018: Pricing changed by 2.94%, which is below the average yearly change in Dallas during the 2018-2023 time period. Compared to inflation for all items in 2018 (2.44%), inflation in Dallas was higher.
Below are calculations of equivalent buying power in Dallas, over time, for $1 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|
* 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: