Dallas, Texas prices: $50 in 1974 $323.46 in 2024

Inflation in Texas

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Prices in Dallas, 1974-2024 ($50)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 546.91% higher in 2024 versus 1974 (a $273.46 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, $50 in Dallas in the year 1974 would cost $323.46 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 $50.00 since 1974

Below are calculations of equivalent buying power in Dallas, over time, for $50 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1974$50.009.92%
1975$54.629.24%
1976$57.956.10%
1977$62.227.36%
1978$67.087.82%
1979$75.4112.42%
1980$88.1916.95%
1981$98.5511.74%
1982$104.506.04%
1983$108.323.66%
1984$113.414.70%
1985$117.663.75%
1986$119.721.75%
1987$122.712.49%
1988$126.282.91%
1989$130.052.99%
1990$135.934.52%
1991$142.294.68%
1992$145.742.42%
1993$149.392.50%
1994$153.612.83%
1995$157.612.61%
1996$161.932.74%
1997$164.811.78%
1998$167.141.42%
1999$171.862.82%
2000$179.094.20%
2001$185.413.53%
2002$187.931.36%
2003$191.892.11%
2004$194.451.33%
2005$200.733.23%
2006$206.993.12%
2007$210.101.50%
2008$219.714.58%
2009$218.26-0.66%
2010$219.540.59%
2011$226.193.03%
2012$230.942.10%
2013$235.131.81%
2014$237.921.19%
2015$236.73-0.50%
2016$240.051.40%
2017$246.172.55%
2018$253.412.94%
2019$258.732.10%
2020$260.340.62%
2021$273.445.03%
2022$297.588.83%
2023$313.255.27%
2024$323.463.26%*

* 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 * $50 = $323.46

Therefore, according to U.S. Bureau of Labor Statistics, $50 in 1974 has the same "purchasing power" as $323.46 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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