Dallas, Texas prices: $20,000 in 1975 $118,439.48 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($20,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $98,439.48 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, $20,000 in Dallas in the year 1975 would cost $118,439.48 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
Dallas-Fort Worth, Texas · Electricity · Bananas · Tampa, Florida · More

Buying power of $20,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $20,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$20,000.009.24%
1976$21,219.676.10%
1977$22,781.667.36%
1978$24,562.987.82%
1979$27,613.8312.42%
1980$32,293.1216.95%
1981$36,085.0811.74%
1982$38,265.206.04%
1983$39,664.343.66%
1984$41,528.754.70%
1985$43,084.083.75%
1986$43,838.481.75%
1987$44,931.872.49%
1988$46,237.952.91%
1989$47,620.472.99%
1990$49,774.014.52%
1991$52,103.694.68%
1992$53,366.572.42%
1993$54,702.562.50%
1994$56,247.922.83%
1995$57,713.532.61%
1996$59,292.122.74%
1997$60,348.951.78%
1998$61,203.061.42%
1999$62,931.212.82%
2000$65,576.604.20%
2001$67,889.663.53%
2002$68,813.561.36%
2003$70,262.552.11%
2004$71,199.731.33%
2005$73,499.503.23%
2006$75,792.623.12%
2007$76,930.741.50%
2008$80,450.584.58%
2009$79,919.97-0.66%
2010$80,390.360.59%
2011$82,824.863.03%
2012$84,562.842.10%
2013$86,096.911.81%
2014$87,119.111.19%
2015$86,683.75-0.50%
2016$87,899.441.40%
2017$90,139.512.55%
2018$92,792.162.94%
2019$94,740.382.10%
2020$95,327.820.62%
2021$100,126.225.03%
2022$108,962.718.83%
2023$114,703.225.27%
2024$118,439.483.26%*

* 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 * $20,000 = $118,439.48

Therefore, according to U.S. Bureau of Labor Statistics, $20,000 in 1975 has the same "purchasing power" as $118,439.48 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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