Dallas, Texas prices: $240.45 in 1975 $1,419.79 in 2024

Inflation in Texas

$

Prices in Dallas, 1975-2024 ($240.45)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 490.47% higher in 2024 versus 1975 (a $1,179.34 difference in value).

Between 1975 and 2024: Dallas experienced an average inflation rate of 3.69% per year. This rate of change indicates significant inflation. In other words, $240.45 in Dallas in the year 1975 would cost $1,419.79 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.63% 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
Denver, Colorado · Financial services · Airline fares · Jewelry · More

Buying power of $240.45 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $240.45 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$240.459.24%
1976$255.116.10%
1977$273.897.36%
1978$295.317.82%
1979$331.9912.42%
1980$388.2416.95%
1981$433.8311.74%
1982$460.046.04%
1983$476.863.66%
1984$499.284.70%
1985$517.983.75%
1986$527.051.75%
1987$540.192.49%
1988$555.902.91%
1989$572.522.99%
1990$598.414.52%
1991$626.424.68%
1992$641.602.42%
1993$657.662.50%
1994$676.242.83%
1995$693.862.61%
1996$712.842.74%
1997$725.551.78%
1998$735.811.42%
1999$756.592.82%
2000$788.394.20%
2001$816.203.53%
2002$827.311.36%
2003$844.732.11%
2004$856.001.33%
2005$883.653.23%
2006$911.223.12%
2007$924.901.50%
2008$967.224.58%
2009$960.84-0.66%
2010$966.490.59%
2011$995.763.03%
2012$1,016.662.10%
2013$1,035.101.81%
2014$1,047.391.19%
2015$1,042.16-0.50%
2016$1,056.771.40%
2017$1,083.702.55%
2018$1,115.592.94%
2019$1,139.022.10%
2020$1,146.080.62%
2021$1,203.775.03%
2022$1,310.008.83%
2023$1,379.025.27%
2024$1,419.792.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

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 296.121 in 2024:

296.121 / 50.150 * $240.45 = $1,419.79

Therefore, according to U.S. Bureau of Labor Statistics, $240.45 in 1975 has the same "purchasing power" as $1,419.79 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.