Dallas, Texas prices: $1,942 in 1975 $11,500.47 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($1,942)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $9,558.47 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, $1,942 in Dallas in the year 1975 would cost $11,500.47 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 $1,942.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $1,942 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$1,942.009.24%
1976$2,060.436.10%
1977$2,212.107.36%
1978$2,385.077.82%
1979$2,681.3012.42%
1980$3,135.6616.95%
1981$3,503.8611.74%
1982$3,715.556.04%
1983$3,851.413.66%
1984$4,032.444.70%
1985$4,183.463.75%
1986$4,256.721.75%
1987$4,362.882.49%
1988$4,489.712.91%
1989$4,623.952.99%
1990$4,833.064.52%
1991$5,059.274.68%
1992$5,181.892.42%
1993$5,311.622.50%
1994$5,461.672.83%
1995$5,603.982.61%
1996$5,757.272.74%
1997$5,859.881.78%
1998$5,942.821.42%
1999$6,110.622.82%
2000$6,367.494.20%
2001$6,592.093.53%
2002$6,681.801.36%
2003$6,822.492.11%
2004$6,913.491.33%
2005$7,136.803.23%
2006$7,359.463.12%
2007$7,469.971.50%
2008$7,811.754.58%
2009$7,760.23-0.66%
2010$7,805.900.59%
2011$8,042.293.03%
2012$8,211.052.10%
2013$8,360.011.81%
2014$8,459.271.19%
2015$8,416.99-0.50%
2016$8,535.041.40%
2017$8,752.552.55%
2018$9,010.122.94%
2019$9,199.292.10%
2020$9,256.330.62%
2021$9,722.265.03%
2022$10,580.288.83%
2023$11,137.685.27%
2024$11,500.473.26%*

* 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 * $1,942 = $11,500.47

Therefore, according to U.S. Bureau of Labor Statistics, $1,942 in 1975 has the same "purchasing power" as $11,500.47 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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