Dallas, Texas prices: $300,000 in 1975 $1,776,592.22 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($300,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $1,476,592.22 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, $300,000 in Dallas in the year 1975 would cost $1,776,592.22 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 $300,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $300,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$300,000.009.24%
1976$318,295.116.10%
1977$341,724.837.36%
1978$368,444.677.82%
1979$414,207.3812.42%
1980$484,396.8116.95%
1981$541,276.1711.74%
1982$573,978.076.04%
1983$594,965.103.66%
1984$622,931.214.70%
1985$646,261.223.75%
1986$657,577.271.75%
1987$673,978.072.49%
1988$693,569.292.91%
1989$714,307.082.99%
1990$746,610.174.52%
1991$781,555.334.68%
1992$800,498.502.42%
1993$820,538.382.50%
1994$843,718.842.83%
1995$865,702.892.61%
1996$889,381.852.74%
1997$905,234.301.78%
1998$918,045.861.42%
1999$943,968.102.82%
2000$983,649.054.20%
2001$1,018,344.973.53%
2002$1,032,203.391.36%
2003$1,053,938.192.11%
2004$1,067,996.011.33%
2005$1,102,492.523.23%
2006$1,136,889.333.12%
2007$1,153,961.121.50%
2008$1,206,758.724.58%
2009$1,198,799.60-0.66%
2010$1,205,855.430.59%
2011$1,242,372.883.03%
2012$1,268,442.672.10%
2013$1,291,453.641.81%
2014$1,306,786.641.19%
2015$1,300,256.23-0.50%
2016$1,318,491.531.40%
2017$1,352,092.722.55%
2018$1,391,882.352.94%
2019$1,421,105.682.10%
2020$1,429,917.250.62%
2021$1,501,893.325.03%
2022$1,634,440.688.83%
2023$1,720,548.355.27%
2024$1,776,592.223.26%*

* 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 * $300,000 = $1,776,592.22

Therefore, according to U.S. Bureau of Labor Statistics, $300,000 in 1975 has the same "purchasing power" as $1,776,592.22 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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