Dallas, Texas prices: $12,300 in 1975 $72,840.28 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($12,300)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $60,540.28 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, $12,300 in Dallas in the year 1975 would cost $72,840.28 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
Bananas · Public transportation · Fish and seafood · Gasoline (all types) · More

Buying power of $12,300.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $12,300 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$12,300.009.24%
1976$13,050.106.10%
1977$14,010.727.36%
1978$15,106.237.82%
1979$16,982.5012.42%
1980$19,860.2716.95%
1981$22,192.3211.74%
1982$23,533.106.04%
1983$24,393.573.66%
1984$25,540.184.70%
1985$26,496.713.75%
1986$26,960.671.75%
1987$27,633.102.49%
1988$28,436.342.91%
1989$29,286.592.99%
1990$30,611.024.52%
1991$32,043.774.68%
1992$32,820.442.42%
1993$33,642.072.50%
1994$34,592.472.83%
1995$35,493.822.61%
1996$36,464.662.74%
1997$37,114.611.78%
1998$37,639.881.42%
1999$38,702.692.82%
2000$40,329.614.20%
2001$41,752.143.53%
2002$42,320.341.36%
2003$43,211.472.11%
2004$43,787.841.33%
2005$45,202.193.23%
2006$46,612.463.12%
2007$47,312.411.50%
2008$49,477.114.58%
2009$49,150.78-0.66%
2010$49,440.070.59%
2011$50,937.293.03%
2012$52,006.152.10%
2013$52,949.601.81%
2014$53,578.251.19%
2015$53,310.51-0.50%
2016$54,058.151.40%
2017$55,435.802.55%
2018$57,067.182.94%
2019$58,265.332.10%
2020$58,626.610.62%
2021$61,577.635.03%
2022$67,012.078.83%
2023$70,542.485.27%
2024$72,840.283.26%*

* 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 * $12,300 = $72,840.28

Therefore, according to U.S. Bureau of Labor Statistics, $12,300 in 1975 has the same "purchasing power" as $72,840.28 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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