Dallas, Texas prices: $120,000 in 1975 $710,636.89 in 2024

Inflation in Texas

$

Prices in Dallas, 1975-2024 ($120,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $590,636.89 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, $120,000 in Dallas in the year 1975 would cost $710,636.89 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
Housing · Alcoholic beverages · Film and photographic supplies · Financial services · More

Buying power of $120,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $120,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$120,000.009.24%
1976$127,318.056.10%
1977$136,689.937.36%
1978$147,377.877.82%
1979$165,682.9512.42%
1980$193,758.7216.95%
1981$216,510.4711.74%
1982$229,591.236.04%
1983$237,986.043.66%
1984$249,172.484.70%
1985$258,504.493.75%
1986$263,030.911.75%
1987$269,591.232.49%
1988$277,427.722.91%
1989$285,722.832.99%
1990$298,644.074.52%
1991$312,622.134.68%
1992$320,199.402.42%
1993$328,215.352.50%
1994$337,487.542.83%
1995$346,281.162.61%
1996$355,752.742.74%
1997$362,093.721.78%
1998$367,218.341.42%
1999$377,587.242.82%
2000$393,459.624.20%
2001$407,337.993.53%
2002$412,881.361.36%
2003$421,575.272.11%
2004$427,198.401.33%
2005$440,997.013.23%
2006$454,755.733.12%
2007$461,584.451.50%
2008$482,703.494.58%
2009$479,519.84-0.66%
2010$482,342.170.59%
2011$496,949.153.03%
2012$507,377.072.10%
2013$516,581.461.81%
2014$522,714.661.19%
2015$520,102.49-0.50%
2016$527,396.611.40%
2017$540,837.092.55%
2018$556,752.942.94%
2019$568,442.272.10%
2020$571,966.900.62%
2021$600,757.335.03%
2022$653,776.278.83%
2023$688,219.345.27%
2024$710,636.893.26%*

* 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 * $120,000 = $710,636.89

Therefore, according to U.S. Bureau of Labor Statistics, $120,000 in 1975 has the same "purchasing power" as $710,636.89 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.