Dallas, Texas prices: $5,500 in 1975 $32,570.86 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($5,500)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $27,070.86 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, $5,500 in Dallas in the year 1975 would cost $32,570.86 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.65% 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 $5,500.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $5,500 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$5,500.009.24%
1976$5,835.416.10%
1977$6,264.967.36%
1978$6,754.827.82%
1979$7,593.8012.42%
1980$8,880.6116.95%
1981$9,923.4011.74%
1982$10,522.936.04%
1983$10,907.693.66%
1984$11,420.414.70%
1985$11,848.123.75%
1986$12,055.581.75%
1987$12,356.262.49%
1988$12,715.442.91%
1989$13,095.632.99%
1990$13,687.854.52%
1991$14,328.514.68%
1992$14,675.812.42%
1993$15,043.202.50%
1994$15,468.182.83%
1995$15,871.222.61%
1996$16,305.332.74%
1997$16,595.961.78%
1998$16,830.841.42%
1999$17,306.082.82%
2000$18,033.574.20%
2001$18,669.663.53%
2002$18,923.731.36%
2003$19,322.202.11%
2004$19,579.931.33%
2005$20,212.363.23%
2006$20,842.973.12%
2007$21,155.951.50%
2008$22,123.914.58%
2009$21,977.99-0.66%
2010$22,107.350.59%
2011$22,776.843.03%
2012$23,254.782.10%
2013$23,676.651.81%
2014$23,957.761.19%
2015$23,838.03-0.50%
2016$24,172.341.40%
2017$24,788.372.55%
2018$25,517.842.94%
2019$26,053.602.10%
2020$26,215.150.62%
2021$27,534.715.03%
2022$29,964.758.83%
2023$31,543.395.27%
2024$32,570.863.26%*

* 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 * $5,500 = $32,570.86

Therefore, according to U.S. Bureau of Labor Statistics, $5,500 in 1975 has the same "purchasing power" as $32,570.86 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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