Dallas, Texas prices: $40,000 in 1975 $236,878.96 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($40,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $196,878.96 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, $40,000 in Dallas in the year 1975 would cost $236,878.96 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 $40,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $40,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$40,000.009.24%
1976$42,439.356.10%
1977$45,563.317.36%
1978$49,125.967.82%
1979$55,227.6512.42%
1980$64,586.2416.95%
1981$72,170.1611.74%
1982$76,530.416.04%
1983$79,328.683.66%
1984$83,057.494.70%
1985$86,168.163.75%
1986$87,676.971.75%
1987$89,863.742.49%
1988$92,475.912.91%
1989$95,240.942.99%
1990$99,548.024.52%
1991$104,207.384.68%
1992$106,733.132.42%
1993$109,405.122.50%
1994$112,495.852.83%
1995$115,427.052.61%
1996$118,584.252.74%
1997$120,697.911.78%
1998$122,406.111.42%
1999$125,862.412.82%
2000$131,153.214.20%
2001$135,779.333.53%
2002$137,627.121.36%
2003$140,525.092.11%
2004$142,399.471.33%
2005$146,999.003.23%
2006$151,585.243.12%
2007$153,861.481.50%
2008$160,901.164.58%
2009$159,839.95-0.66%
2010$160,780.720.59%
2011$165,649.723.03%
2012$169,125.692.10%
2013$172,193.821.81%
2014$174,238.221.19%
2015$173,367.50-0.50%
2016$175,798.871.40%
2017$180,279.032.55%
2018$185,584.312.94%
2019$189,480.762.10%
2020$190,655.630.62%
2021$200,252.445.03%
2022$217,925.428.83%
2023$229,406.455.27%
2024$236,878.963.26%*

* 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 * $40,000 = $236,878.96

Therefore, according to U.S. Bureau of Labor Statistics, $40,000 in 1975 has the same "purchasing power" as $236,878.96 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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