Dallas, Texas prices: $300 in 1974 $1,935.08 in 2024

Inflation in Texas

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Prices in Dallas, 1974-2024 ($300)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 545.03% higher in 2024 versus 1974 (a $1,635.08 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, $300 in Dallas in the year 1974 would cost $1,935.08 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.74% 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 $300.00 since 1974

Below are calculations of equivalent buying power in Dallas, over time, for $300 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1974$300.009.92%
1975$327.729.24%
1976$347.706.10%
1977$373.307.36%
1978$402.497.82%
1979$452.4812.42%
1980$529.1516.95%
1981$591.2911.74%
1982$627.016.04%
1983$649.943.66%
1984$680.494.70%
1985$705.973.75%
1986$718.331.75%
1987$736.252.49%
1988$757.652.91%
1989$780.302.99%
1990$815.594.52%
1991$853.774.68%
1992$874.462.42%
1993$896.352.50%
1994$921.672.83%
1995$945.692.61%
1996$971.562.74%
1997$988.871.78%
1998$1,002.871.42%
1999$1,031.192.82%
2000$1,074.534.20%
2001$1,112.433.53%
2002$1,127.571.36%
2003$1,151.322.11%
2004$1,166.671.33%
2005$1,204.363.23%
2006$1,241.933.12%
2007$1,260.581.50%
2008$1,318.264.58%
2009$1,309.56-0.66%
2010$1,317.270.59%
2011$1,357.163.03%
2012$1,385.642.10%
2013$1,410.781.81%
2014$1,427.531.19%
2015$1,420.39-0.50%
2016$1,440.311.40%
2017$1,477.022.55%
2018$1,520.482.94%
2019$1,552.412.10%
2020$1,562.030.62%
2021$1,640.665.03%
2022$1,785.458.83%
2023$1,879.525.27%
2024$1,935.082.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

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 296.121 in 2024:

296.121 / 45.908 * $300 = $1,935.08

Therefore, according to U.S. Bureau of Labor Statistics, $300 in 1974 has the same "purchasing power" as $1,935.08 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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