Dallas, Texas prices: $1,298 in 1975 $7,686.72 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($1,298)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $6,388.72 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, $1,298 in Dallas in the year 1975 would cost $7,686.72 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 $1,298.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $1,298 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$1,298.009.24%
1976$1,377.166.10%
1977$1,478.537.36%
1978$1,594.147.82%
1979$1,792.1412.42%
1980$2,095.8216.95%
1981$2,341.9211.74%
1982$2,483.416.04%
1983$2,574.223.66%
1984$2,695.224.70%
1985$2,796.163.75%
1986$2,845.121.75%
1987$2,916.082.49%
1988$3,000.842.91%
1989$3,090.572.99%
1990$3,230.334.52%
1991$3,381.534.68%
1992$3,463.492.42%
1993$3,550.202.50%
1994$3,650.492.83%
1995$3,745.612.61%
1996$3,848.062.74%
1997$3,916.651.78%
1998$3,972.081.42%
1999$4,084.242.82%
2000$4,255.924.20%
2001$4,406.043.53%
2002$4,466.001.36%
2003$4,560.042.11%
2004$4,620.861.33%
2005$4,770.123.23%
2006$4,918.943.12%
2007$4,992.811.50%
2008$5,221.244.58%
2009$5,186.81-0.66%
2010$5,217.330.59%
2011$5,375.333.03%
2012$5,488.132.10%
2013$5,587.691.81%
2014$5,654.031.19%
2015$5,625.78-0.50%
2016$5,704.671.40%
2017$5,850.052.55%
2018$6,022.212.94%
2019$6,148.652.10%
2020$6,186.780.62%
2021$6,498.195.03%
2022$7,071.688.83%
2023$7,444.245.27%
2024$7,686.723.26%*

* 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 * $1,298 = $7,686.72

Therefore, according to U.S. Bureau of Labor Statistics, $1,298 in 1975 has the same "purchasing power" as $7,686.72 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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