Dallas, Texas prices: $1,200 in 1975 $7,106.37 in 2024

Inflation in Texas

$

Prices in Dallas, 1975-2024 ($1,200)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $5,906.37 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, $1,200 in Dallas in the year 1975 would cost $7,106.37 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.64% 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
Admission to sporting events · Juices and nonalcoholic drinks · Atlanta, Georgia · Seattle, Washington · More

Buying power of $1,200.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $1,200 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$1,200.009.24%
1976$1,273.186.10%
1977$1,366.907.36%
1978$1,473.787.82%
1979$1,656.8312.42%
1980$1,937.5916.95%
1981$2,165.1011.74%
1982$2,295.916.04%
1983$2,379.863.66%
1984$2,491.724.70%
1985$2,585.043.75%
1986$2,630.311.75%
1987$2,695.912.49%
1988$2,774.282.91%
1989$2,857.232.99%
1990$2,986.444.52%
1991$3,126.224.68%
1992$3,201.992.42%
1993$3,282.152.50%
1994$3,374.882.83%
1995$3,462.812.61%
1996$3,557.532.74%
1997$3,620.941.78%
1998$3,672.181.42%
1999$3,775.872.82%
2000$3,934.604.20%
2001$4,073.383.53%
2002$4,128.811.36%
2003$4,215.752.11%
2004$4,271.981.33%
2005$4,409.973.23%
2006$4,547.563.12%
2007$4,615.841.50%
2008$4,827.034.58%
2009$4,795.20-0.66%
2010$4,823.420.59%
2011$4,969.493.03%
2012$5,073.772.10%
2013$5,165.811.81%
2014$5,227.151.19%
2015$5,201.02-0.50%
2016$5,273.971.40%
2017$5,408.372.55%
2018$5,567.532.94%
2019$5,684.422.10%
2020$5,719.670.62%
2021$6,007.575.03%
2022$6,537.768.83%
2023$6,882.195.27%
2024$7,106.373.26%*

* 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 * $1,200 = $7,106.37

Therefore, according to U.S. Bureau of Labor Statistics, $1,200 in 1975 has the same "purchasing power" as $7,106.37 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.

» Read more about inflation and investment.