Dallas, Texas prices: $24.95 in 1975 $147.75 in 2024

Inflation in Texas

$

Prices in Dallas, 1975-2024 ($24.95)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $122.80 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, $24.95 in Dallas in the year 1975 would cost $147.75 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
Admission to sporting events · Educational books and supplies · Tampa, Florida · Women's apparel · More

Buying power of $24.95 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $24.95 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$24.959.24%
1976$26.476.10%
1977$28.427.36%
1978$30.647.82%
1979$34.4512.42%
1980$40.2916.95%
1981$45.0211.74%
1982$47.746.04%
1983$49.483.66%
1984$51.814.70%
1985$53.753.75%
1986$54.691.75%
1987$56.052.49%
1988$57.682.91%
1989$59.412.99%
1990$62.094.52%
1991$65.004.68%
1992$66.572.42%
1993$68.242.50%
1994$70.172.83%
1995$72.002.61%
1996$73.972.74%
1997$75.291.78%
1998$76.351.42%
1999$78.512.82%
2000$81.814.20%
2001$84.693.53%
2002$85.841.36%
2003$87.652.11%
2004$88.821.33%
2005$91.693.23%
2006$94.553.12%
2007$95.971.50%
2008$100.364.58%
2009$99.70-0.66%
2010$100.290.59%
2011$103.323.03%
2012$105.492.10%
2013$107.411.81%
2014$108.681.19%
2015$108.14-0.50%
2016$109.651.40%
2017$112.452.55%
2018$115.762.94%
2019$118.192.10%
2020$118.920.62%
2021$124.915.03%
2022$135.938.83%
2023$143.095.27%
2024$147.753.26%*

* 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 * $24.95 = $147.75

Therefore, according to U.S. Bureau of Labor Statistics, $24.95 in 1975 has the same "purchasing power" as $147.75 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.

» Read more about inflation and investment.