According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 7.11% higher in 2021 versus 2018 (a $0.07 difference in value).
Between 2018 and 2021: Dallas experienced an average inflation rate of 2.32% per year. This rate of change indicates significant inflation. In other words, $1 in Dallas in the year 2018 would cost $1.07 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.38% during this same period, inflation in Dallas was lower.
In the year 2018: Pricing changed by 2.94%, which is above the average yearly change in Dallas during the 2018-2021 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|
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Dallas-Fort Worth, Texas: