Dallas, Texas prices: $1 in 1970 $7.14 in 2022

Inflation in Texas

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Prices in Dallas, 1970-2022 ($1)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 613.74% higher in 2022 versus 1970 (a $6.14 difference in value).

Between 1970 and 2022: Dallas experienced an average inflation rate of 3.85% per year. This rate of change indicates significant inflation. In other words, $1 in Dallas in the year 1970 would cost $7.14 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.93% during this same period, inflation in Dallas was lower.

In the year 1970: Pricing changed by 6.22%, which is above the average yearly change in Dallas during the 1970-2022 time period. Compared to inflation for all items in 1970 (5.83%), inflation in Dallas was higher.

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
Admission to sporting events · Dallas-Fort Worth, Texas · Wireless telephone services · Gasoline (all types) · More

Buying power of $1.00 since 1970

Below are calculations of equivalent buying power in Dallas, over time, for $1 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$1.006.22%
1971$1.033.07%
1972$1.062.92%
1973$1.125.18%
1974$1.239.92%
1975$1.349.24%
1976$1.426.10%
1977$1.537.36%
1978$1.657.82%
1979$1.8512.42%
1980$2.1616.95%
1981$2.4211.74%
1982$2.566.04%
1983$2.663.66%
1984$2.784.70%
1985$2.893.75%
1986$2.941.75%
1987$3.012.49%
1988$3.102.91%
1989$3.192.99%
1990$3.334.52%
1991$3.494.68%
1992$3.572.42%
1993$3.662.50%
1994$3.772.83%
1995$3.872.61%
1996$3.972.74%
1997$4.041.78%
1998$4.101.42%
1999$4.222.82%
2000$4.394.20%
2001$4.553.53%
2002$4.611.36%
2003$4.712.11%
2004$4.771.33%
2005$4.923.23%
2006$5.083.12%
2007$5.151.50%
2008$5.394.58%
2009$5.35-0.66%
2010$5.390.59%
2011$5.553.03%
2012$5.662.10%
2013$5.771.81%
2014$5.841.19%
2015$5.81-0.50%
2016$5.891.40%
2017$6.042.55%
2018$6.222.94%
2019$6.352.10%
2020$6.390.62%
2021$6.715.03%
2022$7.146.42%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Dallas-Fort Worth, Texas:

Year196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.562239.034251.066267.178

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1970 * 1970 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 37.433 in the year 1970 and 267.178 in 2022:

267.178 / 37.433 * $1 = $7.14

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1970 has the same "purchasing power" as $7.14 in 2022 (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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