Dallas, Texas prices: $1.25 in 1974 $8.09 in 2024

Inflation in Texas

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Prices in Dallas, 1974-2024 ($1.25)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 546.91% higher in 2024 versus 1974 (a $6.84 difference in value).

Between 1974 and 2024: Dallas experienced an average inflation rate of 3.80% per year. This rate of change indicates significant inflation. In other words, $1.25 in Dallas in the year 1974 would cost $8.09 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.75% during this same period, inflation in Dallas was higher.

In the year 1974: Pricing changed by 9.92%, which is significantly above the average yearly change in Dallas during the 1974-2024 time period. Compared to inflation for all items in 1974 (11.05%), inflation in Dallas was lower.

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 $1.25 since 1974

Below are calculations of equivalent buying power in Dallas, over time, for $1.25 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1974$1.259.92%
1975$1.379.24%
1976$1.456.10%
1977$1.567.36%
1978$1.687.82%
1979$1.8912.42%
1980$2.2016.95%
1981$2.4611.74%
1982$2.616.04%
1983$2.713.66%
1984$2.844.70%
1985$2.943.75%
1986$2.991.75%
1987$3.072.49%
1988$3.162.91%
1989$3.252.99%
1990$3.404.52%
1991$3.564.68%
1992$3.642.42%
1993$3.732.50%
1994$3.842.83%
1995$3.942.61%
1996$4.052.74%
1997$4.121.78%
1998$4.181.42%
1999$4.302.82%
2000$4.484.20%
2001$4.643.53%
2002$4.701.36%
2003$4.802.11%
2004$4.861.33%
2005$5.023.23%
2006$5.173.12%
2007$5.251.50%
2008$5.494.58%
2009$5.46-0.66%
2010$5.490.59%
2011$5.653.03%
2012$5.772.10%
2013$5.881.81%
2014$5.951.19%
2015$5.92-0.50%
2016$6.001.40%
2017$6.152.55%
2018$6.342.94%
2019$6.472.10%
2020$6.510.62%
2021$6.845.03%
2022$7.448.83%
2023$7.835.27%
2024$8.093.26%*

* 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 1974 * 1974 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 45.908 in the year 1974 and 296.987 in 2024:

296.987 / 45.908 * $1.25 = $8.09

Therefore, according to U.S. Bureau of Labor Statistics, $1.25 in 1974 has the same "purchasing power" as $8.09 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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