Dallas, Texas prices: $30,500 in 1972 $228,115.93 in 2024

Inflation in Texas

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Prices in Dallas, 1972-2024 ($30,500)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 647.92% higher in 2024 versus 1972 (a $197,615.93 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, $30,500 in Dallas in the year 1972 would cost $228,115.93 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.94% 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
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Buying power of $30,500.00 since 1972

Below are calculations of equivalent buying power in Dallas, over time, for $30,500 beginning in 1972. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1972$30,500.002.92%
1973$32,081.015.18%
1974$35,262.229.92%
1975$38,520.259.24%
1976$40,869.366.10%
1977$43,877.757.36%
1978$47,308.607.82%
1979$53,184.5812.42%
1980$62,196.9616.95%
1981$69,500.3111.74%
1982$73,699.276.04%
1983$76,394.023.66%
1984$79,984.894.70%
1985$82,980.483.75%
1986$84,433.471.75%
1987$86,539.352.49%
1988$89,054.882.91%
1989$91,717.632.99%
1990$95,865.374.52%
1991$100,352.364.68%
1992$102,784.682.42%
1993$105,357.822.50%
1994$108,334.212.83%
1995$111,156.982.61%
1996$114,197.382.74%
1997$116,232.841.78%
1998$117,877.861.42%
1999$121,206.302.82%
2000$126,301.364.20%
2001$130,756.353.53%
2002$132,535.781.36%
2003$135,326.552.11%
2004$137,131.581.33%
2005$141,560.973.23%
2006$145,977.543.12%
2007$148,169.581.50%
2008$154,948.834.58%
2009$153,926.88-0.66%
2010$154,832.850.59%
2011$159,521.723.03%
2012$162,869.102.10%
2013$165,823.731.81%
2014$167,792.501.19%
2015$166,953.99-0.50%
2016$169,295.421.40%
2017$173,609.842.55%
2018$178,718.862.94%
2019$182,471.162.10%
2020$183,602.580.62%
2021$192,844.365.03%
2022$209,863.568.83%
2023$220,919.855.27%
2024$228,115.933.26%*

* 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 * $30,500 = $228,115.93

Therefore, according to U.S. Bureau of Labor Statistics, $30,500 in 1972 has the same "purchasing power" as $228,115.93 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.

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