Dallas, Texas prices: $1,500 in 1975 $8,882.96 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($1,500)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $7,382.96 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, $1,500 in Dallas in the year 1975 would cost $8,882.96 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
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Buying power of $1,500.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $1,500 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$1,500.009.24%
1976$1,591.486.10%
1977$1,708.627.36%
1978$1,842.227.82%
1979$2,071.0412.42%
1980$2,421.9816.95%
1981$2,706.3811.74%
1982$2,869.896.04%
1983$2,974.833.66%
1984$3,114.664.70%
1985$3,231.313.75%
1986$3,287.891.75%
1987$3,369.892.49%
1988$3,467.852.91%
1989$3,571.542.99%
1990$3,733.054.52%
1991$3,907.784.68%
1992$4,002.492.42%
1993$4,102.692.50%
1994$4,218.592.83%
1995$4,328.512.61%
1996$4,446.912.74%
1997$4,526.171.78%
1998$4,590.231.42%
1999$4,719.842.82%
2000$4,918.254.20%
2001$5,091.723.53%
2002$5,161.021.36%
2003$5,269.692.11%
2004$5,339.981.33%
2005$5,512.463.23%
2006$5,684.453.12%
2007$5,769.811.50%
2008$6,033.794.58%
2009$5,994.00-0.66%
2010$6,029.280.59%
2011$6,211.863.03%
2012$6,342.212.10%
2013$6,457.271.81%
2014$6,533.931.19%
2015$6,501.28-0.50%
2016$6,592.461.40%
2017$6,760.462.55%
2018$6,959.412.94%
2019$7,105.532.10%
2020$7,149.590.62%
2021$7,509.475.03%
2022$8,172.208.83%
2023$8,602.745.27%
2024$8,882.963.26%*

* 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 * $1,500 = $8,882.96

Therefore, according to U.S. Bureau of Labor Statistics, $1,500 in 1975 has the same "purchasing power" as $8,882.96 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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