Dallas, Texas prices: $10,550 in 1975 $62,476.83 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($10,550)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $51,926.83 difference in value).

Between 1975 and 2024: Dallas experienced an average inflation rate of 3.70% per year. This rate of change indicates significant inflation. In other words, $10,550 in Dallas in the year 1975 would cost $62,476.83 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.65% during this same period, inflation in Dallas was higher.

In the year 1975: Pricing changed by 9.24%, which is significantly above the average yearly change in Dallas during the 1975-2024 time period. Compared to inflation for all items in 1975 (9.14%), inflation in Dallas was higher.

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 $10,550.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $10,550 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$10,550.009.24%
1976$11,193.386.10%
1977$12,017.327.36%
1978$12,956.977.82%
1979$14,566.2912.42%
1980$17,034.6216.95%
1981$19,034.8811.74%
1982$20,184.906.04%
1983$20,922.943.66%
1984$21,906.414.70%
1985$22,726.853.75%
1986$23,124.801.75%
1987$23,701.562.49%
1988$24,390.522.91%
1989$25,119.802.99%
1990$26,255.794.52%
1991$27,484.704.68%
1992$28,150.862.42%
1993$28,855.602.50%
1994$29,670.782.83%
1995$30,443.892.61%
1996$31,276.602.74%
1997$31,834.071.78%
1998$32,284.611.42%
1999$33,196.212.82%
2000$34,591.664.20%
2001$35,811.803.53%
2002$36,299.151.36%
2003$37,063.492.11%
2004$37,557.861.33%
2005$38,770.993.23%
2006$39,980.613.12%
2007$40,580.971.50%
2008$42,437.684.58%
2009$42,157.79-0.66%
2010$42,405.920.59%
2011$43,690.113.03%
2012$44,606.902.10%
2013$45,416.121.81%
2014$45,955.331.19%
2015$45,725.68-0.50%
2016$46,366.951.40%
2017$47,548.592.55%
2018$48,947.862.94%
2019$49,975.552.10%
2020$50,285.420.62%
2021$52,816.585.03%
2022$57,477.838.83%
2023$60,505.955.27%
2024$62,476.833.26%*

* 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 1975 * 1975 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 50.150 in the year 1975 and 296.987 in 2024:

296.987 / 50.150 * $10,550 = $62,476.83

Therefore, according to U.S. Bureau of Labor Statistics, $10,550 in 1975 has the same "purchasing power" as $62,476.83 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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