Dallas, Texas prices: $24,000 in 1975 $142,127.38 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($24,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $118,127.38 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, $24,000 in Dallas in the year 1975 would cost $142,127.38 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
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Buying power of $24,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $24,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$24,000.009.24%
1976$25,463.616.10%
1977$27,337.997.36%
1978$29,475.577.82%
1979$33,136.5912.42%
1980$38,751.7416.95%
1981$43,302.0911.74%
1982$45,918.256.04%
1983$47,597.213.66%
1984$49,834.504.70%
1985$51,700.903.75%
1986$52,606.181.75%
1987$53,918.252.49%
1988$55,485.542.91%
1989$57,144.572.99%
1990$59,728.814.52%
1991$62,524.434.68%
1992$64,039.882.42%
1993$65,643.072.50%
1994$67,497.512.83%
1995$69,256.232.61%
1996$71,150.552.74%
1997$72,418.741.78%
1998$73,443.671.42%
1999$75,517.452.82%
2000$78,691.924.20%
2001$81,467.603.53%
2002$82,576.271.36%
2003$84,315.052.11%
2004$85,439.681.33%
2005$88,199.403.23%
2006$90,951.153.12%
2007$92,316.891.50%
2008$96,540.704.58%
2009$95,903.97-0.66%
2010$96,468.430.59%
2011$99,389.833.03%
2012$101,475.412.10%
2013$103,316.291.81%
2014$104,542.931.19%
2015$104,020.50-0.50%
2016$105,479.321.40%
2017$108,167.422.55%
2018$111,350.592.94%
2019$113,688.452.10%
2020$114,393.380.62%
2021$120,151.475.03%
2022$130,755.258.83%
2023$137,643.875.27%
2024$142,127.383.26%*

* 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 * $24,000 = $142,127.38

Therefore, according to U.S. Bureau of Labor Statistics, $24,000 in 1975 has the same "purchasing power" as $142,127.38 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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