Dallas, Texas prices: $2.75 in 1975 $16.29 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($2.75)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $13.54 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, $2.75 in Dallas in the year 1975 would cost $16.29 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 $2.75 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $2.75 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$2.759.24%
1976$2.926.10%
1977$3.137.36%
1978$3.387.82%
1979$3.8012.42%
1980$4.4416.95%
1981$4.9611.74%
1982$5.266.04%
1983$5.453.66%
1984$5.714.70%
1985$5.923.75%
1986$6.031.75%
1987$6.182.49%
1988$6.362.91%
1989$6.552.99%
1990$6.844.52%
1991$7.164.68%
1992$7.342.42%
1993$7.522.50%
1994$7.732.83%
1995$7.942.61%
1996$8.152.74%
1997$8.301.78%
1998$8.421.42%
1999$8.652.82%
2000$9.024.20%
2001$9.333.53%
2002$9.461.36%
2003$9.662.11%
2004$9.791.33%
2005$10.113.23%
2006$10.423.12%
2007$10.581.50%
2008$11.064.58%
2009$10.99-0.66%
2010$11.050.59%
2011$11.393.03%
2012$11.632.10%
2013$11.841.81%
2014$11.981.19%
2015$11.92-0.50%
2016$12.091.40%
2017$12.392.55%
2018$12.762.94%
2019$13.032.10%
2020$13.110.62%
2021$13.775.03%
2022$14.988.83%
2023$15.775.27%
2024$16.293.26%*

* 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 * $2.75 = $16.29

Therefore, according to U.S. Bureau of Labor Statistics, $2.75 in 1975 has the same "purchasing power" as $16.29 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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