Dallas, Texas prices: $275 in 1974 $1,779.01 in 2024

Inflation in Texas

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Prices in Dallas, 1974-2024 ($275)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 546.91% higher in 2024 versus 1974 (a $1,504.01 difference in value).

Between 1974 and 2024: Dallas experienced an average inflation rate of 3.80% per year. This rate of change indicates significant inflation. In other words, $275 in Dallas in the year 1974 would cost $1,779.01 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.75% during this same period, inflation in Dallas was higher.

In the year 1974: Pricing changed by 9.92%, which is significantly above the average yearly change in Dallas during the 1974-2024 time period. Compared to inflation for all items in 1974 (11.05%), 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%).

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Buying power of $275.00 since 1974

Below are calculations of equivalent buying power in Dallas, over time, for $275 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1974$275.009.92%
1975$300.419.24%
1976$318.736.10%
1977$342.197.36%
1978$368.957.82%
1979$414.7712.42%
1980$485.0616.95%
1981$542.0111.74%
1982$574.766.04%
1983$595.783.66%
1984$623.784.70%
1985$647.143.75%
1986$658.471.75%
1987$674.902.49%
1988$694.512.91%
1989$715.282.99%
1990$747.634.52%
1991$782.624.68%
1992$801.592.42%
1993$821.662.50%
1994$844.872.83%
1995$866.882.61%
1996$890.592.74%
1997$906.471.78%
1998$919.301.42%
1999$945.252.82%
2000$984.994.20%
2001$1,019.733.53%
2002$1,033.611.36%
2003$1,055.372.11%
2004$1,069.451.33%
2005$1,103.993.23%
2006$1,138.443.12%
2007$1,155.531.50%
2008$1,208.404.58%
2009$1,200.43-0.66%
2010$1,207.500.59%
2011$1,244.063.03%
2012$1,270.172.10%
2013$1,293.211.81%
2014$1,308.571.19%
2015$1,302.03-0.50%
2016$1,320.291.40%
2017$1,353.932.55%
2018$1,393.782.94%
2019$1,423.042.10%
2020$1,431.860.62%
2021$1,503.945.03%
2022$1,636.678.83%
2023$1,722.895.27%
2024$1,779.013.26%*

* 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 1974 * 1974 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 45.908 in the year 1974 and 296.987 in 2024:

296.987 / 45.908 * $275 = $1,779.01

Therefore, according to U.S. Bureau of Labor Statistics, $275 in 1974 has the same "purchasing power" as $1,779.01 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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