Dallas, Texas prices: $1,100 in 1974 $7,116.04 in 2024

Inflation in Texas

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Prices in Dallas, 1974-2024 ($1,100)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 546.91% higher in 2024 versus 1974 (a $6,016.04 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, $1,100 in Dallas in the year 1974 would cost $7,116.04 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 $1,100.00 since 1974

Below are calculations of equivalent buying power in Dallas, over time, for $1,100 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1974$1,100.009.92%
1975$1,201.639.24%
1976$1,274.916.10%
1977$1,368.767.36%
1978$1,475.797.82%
1979$1,659.0912.42%
1980$1,940.2316.95%
1981$2,168.0511.74%
1982$2,299.046.04%
1983$2,383.103.66%
1984$2,495.124.70%
1985$2,588.563.75%
1986$2,633.891.75%
1987$2,699.582.49%
1988$2,778.052.91%
1989$2,861.122.99%
1990$2,990.514.52%
1991$3,130.484.68%
1992$3,206.352.42%
1993$3,286.622.50%
1994$3,379.472.83%
1995$3,467.532.61%
1996$3,562.372.74%
1997$3,625.871.78%
1998$3,677.181.42%
1999$3,781.012.82%
2000$3,939.954.20%
2001$4,078.933.53%
2002$4,134.431.36%
2003$4,221.492.11%
2004$4,277.801.33%
2005$4,415.973.23%
2006$4,553.753.12%
2007$4,622.131.50%
2008$4,833.614.58%
2009$4,801.73-0.66%
2010$4,829.990.59%
2011$4,976.263.03%
2012$5,080.682.10%
2013$5,172.851.81%
2014$5,234.261.19%
2015$5,208.11-0.50%
2016$5,281.151.40%
2017$5,415.732.55%
2018$5,575.112.94%
2019$5,692.162.10%
2020$5,727.460.62%
2021$6,015.755.03%
2022$6,546.668.83%
2023$6,891.565.27%
2024$7,116.043.26%*

* 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 * $1,100 = $7,116.04

Therefore, according to U.S. Bureau of Labor Statistics, $1,100 in 1974 has the same "purchasing power" as $7,116.04 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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