Dallas, Texas prices: $16,005 in 1975 $94,781.20 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($16,005)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $78,776.20 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, $16,005 in Dallas in the year 1975 would cost $94,781.20 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 $16,005.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $16,005 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$16,005.009.24%
1976$16,981.046.10%
1977$18,231.027.36%
1978$19,656.527.82%
1979$22,097.9612.42%
1980$25,842.5716.95%
1981$28,877.0811.74%
1982$30,621.736.04%
1983$31,741.393.66%
1984$33,233.384.70%
1985$34,478.043.75%
1986$35,081.751.75%
1987$35,956.732.49%
1988$37,001.922.91%
1989$38,108.282.99%
1990$39,831.654.52%
1991$41,695.984.68%
1992$42,706.602.42%
1993$43,775.722.50%
1994$45,012.402.83%
1995$46,185.252.61%
1996$47,448.522.74%
1997$48,294.251.78%
1998$48,977.751.42%
1999$50,360.702.82%
2000$52,477.684.20%
2001$54,328.703.53%
2002$55,068.051.36%
2003$56,227.602.11%
2004$56,977.591.33%
2005$58,817.983.23%
2006$60,653.053.12%
2007$61,563.831.50%
2008$64,380.584.58%
2009$63,955.96-0.66%
2010$64,332.390.59%
2011$66,280.593.03%
2012$67,671.422.10%
2013$68,899.051.81%
2014$69,717.071.19%
2015$69,368.67-0.50%
2016$70,341.521.40%
2017$72,134.152.55%
2018$74,256.922.94%
2019$75,815.992.10%
2020$76,286.090.62%
2021$80,126.015.03%
2022$87,197.418.83%
2023$91,791.255.27%
2024$94,781.203.26%*

* 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 * $16,005 = $94,781.20

Therefore, according to U.S. Bureau of Labor Statistics, $16,005 in 1975 has the same "purchasing power" as $94,781.20 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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