Dallas, Texas prices: $1 in 1972 $6.79 in 2022

Inflation in Texas

$

Prices in Dallas, 1972-2022 ($1)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 578.91% higher in 2022 versus 1972 (a $5.79 difference in value).

Between 1972 and 2022: Dallas experienced an average inflation rate of 3.90% per year. This rate of change indicates significant inflation. In other words, $1 in Dallas in the year 1972 would cost $6.79 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 3.95% during this same period, inflation in Dallas was lower.

In the year 1972: Pricing changed by 2.92%, which is below the average yearly change in Dallas during the 1972-2022 time period. Compared to inflation for all items in 1972 (3.27%), 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
Wireless telephone services · St Louis, Missouri · Alcoholic beverages · Public transportation · More

Buying power of $1.00 since 1972

Below are calculations of equivalent buying power in Dallas, over time, for $1 beginning in 1972. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1972$1.002.92%
1973$1.055.18%
1974$1.169.92%
1975$1.269.24%
1976$1.346.10%
1977$1.447.36%
1978$1.557.82%
1979$1.7412.42%
1980$2.0416.95%
1981$2.2811.74%
1982$2.426.04%
1983$2.503.66%
1984$2.624.70%
1985$2.723.75%
1986$2.771.75%
1987$2.842.49%
1988$2.922.91%
1989$3.012.99%
1990$3.144.52%
1991$3.294.68%
1992$3.372.42%
1993$3.452.50%
1994$3.552.83%
1995$3.642.61%
1996$3.742.74%
1997$3.811.78%
1998$3.861.42%
1999$3.972.82%
2000$4.144.20%
2001$4.293.53%
2002$4.351.36%
2003$4.442.11%
2004$4.501.33%
2005$4.643.23%
2006$4.793.12%
2007$4.861.50%
2008$5.084.58%
2009$5.05-0.66%
2010$5.080.59%
2011$5.233.03%
2012$5.342.10%
2013$5.441.81%
2014$5.501.19%
2015$5.47-0.50%
2016$5.551.40%
2017$5.692.55%
2018$5.862.94%
2019$5.982.10%
2020$6.020.62%
2021$6.325.03%
2022$6.797.38%*
* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.562239.034251.066269.584

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1972 * 1972 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 39.708 in the year 1972 and 269.584 in 2022:

269.584 / 39.708 * $1 = $6.79

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1972 has the same "purchasing power" as $6.79 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.

» Read more about inflation and investment.