Dallas, Texas prices: $150,000 in 1972 $1,121,881.64 in 2024

Inflation in Texas

$

Prices in Dallas, 1972-2024 ($150,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 647.92% higher in 2024 versus 1972 (a $971,881.64 difference in value).

Between 1972 and 2024: Dallas experienced an average inflation rate of 3.95% per year. This rate of change indicates significant inflation. In other words, $150,000 in Dallas in the year 1972 would cost $1,121,881.64 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.93% during this same period, inflation in Dallas was higher.

In the year 1972: Pricing changed by 2.92%, which is below the average yearly change in Dallas during the 1972-2024 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
Dental services · Denver, Colorado · Milk · Bananas · More

Buying power of $150,000.00 since 1972

Below are calculations of equivalent buying power in Dallas, over time, for $150,000 beginning in 1972. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1972$150,000.002.92%
1973$157,775.455.18%
1974$173,420.789.92%
1975$189,443.869.24%
1976$200,996.856.10%
1977$215,792.247.36%
1978$232,665.277.82%
1979$261,563.4812.42%
1980$305,886.6716.95%
1981$341,804.8311.74%
1982$362,455.406.04%
1983$375,708.293.66%
1984$393,368.314.70%
1985$408,100.733.75%
1986$415,246.591.75%
1987$425,603.362.49%
1988$437,974.822.91%
1989$451,070.302.99%
1990$471,469.054.52%
1991$493,536.204.68%
1992$505,498.432.42%
1993$518,153.202.50%
1994$532,791.192.83%
1995$546,673.662.61%
1996$561,626.442.74%
1997$571,636.941.78%
1998$579,727.181.42%
1999$596,096.542.82%
2000$621,154.254.20%
2001$643,064.013.53%
2002$651,815.321.36%
2003$665,540.402.11%
2004$674,417.631.33%
2005$696,201.473.23%
2006$717,922.353.12%
2007$728,702.831.50%
2008$762,043.444.58%
2009$757,017.42-0.66%
2010$761,473.030.59%
2011$784,533.053.03%
2012$800,995.592.10%
2013$815,526.551.81%
2014$825,209.021.19%
2015$821,085.20-0.50%
2016$832,600.421.40%
2017$853,818.892.55%
2018$878,945.232.94%
2019$897,399.162.10%
2020$902,963.480.62%
2021$948,414.905.03%
2022$1,032,115.848.83%
2023$1,086,491.085.27%
2024$1,121,881.643.26%*

* 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:

Year19631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.987

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1972 * 1972 USD value = 2024 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 296.987 in 2024:

296.987 / 39.708 * $150,000 = $1,121,881.64

Therefore, according to U.S. Bureau of Labor Statistics, $150,000 in 1972 has the same "purchasing power" as $1,121,881.64 in 2024 (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.