Dallas, Texas prices: $150,000 in 1974 $970,369.58 in 2024

Inflation in Texas

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Prices in Dallas, 1974-2024 ($150,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 546.91% higher in 2024 versus 1974 (a $820,369.58 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, $150,000 in Dallas in the year 1974 would cost $970,369.58 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 $150,000.00 since 1974

Below are calculations of equivalent buying power in Dallas, over time, for $150,000 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1974$150,000.009.92%
1975$163,859.149.24%
1976$173,851.886.10%
1977$186,649.127.36%
1978$201,243.427.82%
1979$226,238.8812.42%
1980$264,576.1516.95%
1981$295,643.4911.74%
1982$313,505.176.04%
1983$324,968.233.66%
1984$340,243.244.70%
1985$352,986.023.75%
1986$359,166.821.75%
1987$368,124.892.49%
1988$378,825.562.91%
1989$390,152.482.99%
1990$407,796.334.52%
1991$426,883.284.68%
1992$437,229.992.42%
1993$448,175.712.50%
1994$460,836.812.83%
1995$472,844.442.61%
1996$485,777.822.74%
1997$494,436.381.78%
1998$501,434.021.42%
1999$515,592.672.82%
2000$537,266.294.20%
2001$556,217.103.53%
2002$563,786.531.36%
2003$575,658.012.11%
2004$583,336.361.33%
2005$602,178.253.23%
2006$620,965.693.12%
2007$630,290.251.50%
2008$659,128.154.58%
2009$654,780.90-0.66%
2010$658,634.780.59%
2011$678,580.503.03%
2012$692,819.752.10%
2013$705,388.271.81%
2014$713,763.111.19%
2015$710,196.22-0.50%
2016$720,156.291.40%
2017$738,509.172.55%
2018$760,242.152.94%
2019$776,203.852.10%
2020$781,016.700.62%
2021$820,329.825.03%
2022$892,726.818.83%
2023$939,758.585.27%
2024$970,369.583.26%*

* 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 * $150,000 = $970,369.58

Therefore, according to U.S. Bureau of Labor Statistics, $150,000 in 1974 has the same "purchasing power" as $970,369.58 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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