Dallas, Texas prices: $28,000 in 1975 $165,815.27 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($28,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $137,815.27 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, $28,000 in Dallas in the year 1975 would cost $165,815.27 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%).

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Buying power of $28,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $28,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$28,000.009.24%
1976$29,707.546.10%
1977$31,894.327.36%
1978$34,388.177.82%
1979$38,659.3612.42%
1980$45,210.3716.95%
1981$50,519.1111.74%
1982$53,571.296.04%
1983$55,530.083.66%
1984$58,140.254.70%
1985$60,317.713.75%
1986$61,373.881.75%
1987$62,904.622.49%
1988$64,733.132.91%
1989$66,668.662.99%
1990$69,683.624.52%
1991$72,945.164.68%
1992$74,713.192.42%
1993$76,583.582.50%
1994$78,747.092.83%
1995$80,798.942.61%
1996$83,008.972.74%
1997$84,488.531.78%
1998$85,684.281.42%
1999$88,103.692.82%
2000$91,807.244.20%
2001$95,045.533.53%
2002$96,338.981.36%
2003$98,367.562.11%
2004$99,679.631.33%
2005$102,899.303.23%
2006$106,109.673.12%
2007$107,703.041.50%
2008$112,630.814.58%
2009$111,887.96-0.66%
2010$112,546.510.59%
2011$115,954.803.03%
2012$118,387.982.10%
2013$120,535.671.81%
2014$121,966.751.19%
2015$121,357.25-0.50%
2016$123,059.211.40%
2017$126,195.322.55%
2018$129,909.022.94%
2019$132,636.532.10%
2020$133,458.940.62%
2021$140,176.715.03%
2022$152,547.808.83%
2023$160,584.515.27%
2024$165,815.273.26%*

* 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 * $28,000 = $165,815.27

Therefore, according to U.S. Bureau of Labor Statistics, $28,000 in 1975 has the same "purchasing power" as $165,815.27 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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