Dallas, Texas prices: $1,345 in 1975 $7,965.06 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($1,345)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $6,620.06 difference in value).

Between 1975 and 2024: Dallas experienced an average inflation rate of 3.70% per year. This rate of change indicates significant inflation. In other words, $1,345 in Dallas in the year 1975 would cost $7,965.06 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.64% during this same period, inflation in Dallas was higher.

In the year 1975: Pricing changed by 9.24%, which is significantly above the average yearly change in Dallas during the 1975-2024 time period. Compared to inflation for all items in 1975 (9.14%), 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
Medical care · New York · Airline fares · Houston, Texas · More

Buying power of $1,345.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $1,345 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$1,345.009.24%
1976$1,427.026.10%
1977$1,532.077.36%
1978$1,651.867.82%
1979$1,857.0312.42%
1980$2,171.7116.95%
1981$2,426.7211.74%
1982$2,573.336.04%
1983$2,667.433.66%
1984$2,792.814.70%
1985$2,897.403.75%
1986$2,948.141.75%
1987$3,021.672.49%
1988$3,109.502.91%
1989$3,202.482.99%
1990$3,347.304.52%
1991$3,503.974.68%
1992$3,588.902.42%
1993$3,678.752.50%
1994$3,782.672.83%
1995$3,881.232.61%
1996$3,987.402.74%
1997$4,058.471.78%
1998$4,115.911.42%
1999$4,232.122.82%
2000$4,410.034.20%
2001$4,565.583.53%
2002$4,627.711.36%
2003$4,725.162.11%
2004$4,788.181.33%
2005$4,942.843.23%
2006$5,097.053.12%
2007$5,173.591.50%
2008$5,410.304.58%
2009$5,374.62-0.66%
2010$5,406.250.59%
2011$5,569.973.03%
2012$5,686.852.10%
2013$5,790.021.81%
2014$5,858.761.19%
2015$5,829.48-0.50%
2016$5,911.241.40%
2017$6,061.882.55%
2018$6,240.272.94%
2019$6,371.292.10%
2020$6,410.800.62%
2021$6,733.495.03%
2022$7,327.748.83%
2023$7,713.795.27%
2024$7,965.063.26%*

* 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 1975 * 1975 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 50.150 in the year 1975 and 296.987 in 2024:

296.987 / 50.150 * $1,345 = $7,965.06

Therefore, according to U.S. Bureau of Labor Statistics, $1,345 in 1975 has the same "purchasing power" as $7,965.06 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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