Dallas, Texas prices: $20 in 1974 $129.38 in 2024

Inflation in Texas

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Prices in Dallas, 1974-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 546.91% higher in 2024 versus 1974 (a $109.38 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, $20 in Dallas in the year 1974 would cost $129.38 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 $20.00 since 1974

Below are calculations of equivalent buying power in Dallas, over time, for $20 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1974$20.009.92%
1975$21.859.24%
1976$23.186.10%
1977$24.897.36%
1978$26.837.82%
1979$30.1712.42%
1980$35.2816.95%
1981$39.4211.74%
1982$41.806.04%
1983$43.333.66%
1984$45.374.70%
1985$47.063.75%
1986$47.891.75%
1987$49.082.49%
1988$50.512.91%
1989$52.022.99%
1990$54.374.52%
1991$56.924.68%
1992$58.302.42%
1993$59.762.50%
1994$61.442.83%
1995$63.052.61%
1996$64.772.74%
1997$65.921.78%
1998$66.861.42%
1999$68.752.82%
2000$71.644.20%
2001$74.163.53%
2002$75.171.36%
2003$76.752.11%
2004$77.781.33%
2005$80.293.23%
2006$82.803.12%
2007$84.041.50%
2008$87.884.58%
2009$87.30-0.66%
2010$87.820.59%
2011$90.483.03%
2012$92.382.10%
2013$94.051.81%
2014$95.171.19%
2015$94.69-0.50%
2016$96.021.40%
2017$98.472.55%
2018$101.372.94%
2019$103.492.10%
2020$104.140.62%
2021$109.385.03%
2022$119.038.83%
2023$125.305.27%
2024$129.383.26%*

* 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 * $20 = $129.38

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1974 has the same "purchasing power" as $129.38 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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