Dallas, Texas prices: $2,874 in 1975 $17,019.75 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($2,874)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $14,145.75 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, $2,874 in Dallas in the year 1975 would cost $17,019.75 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
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Buying power of $2,874.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $2,874 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$2,874.009.24%
1976$3,049.276.10%
1977$3,273.727.36%
1978$3,529.707.82%
1979$3,968.1112.42%
1980$4,640.5216.95%
1981$5,185.4311.74%
1982$5,498.716.04%
1983$5,699.773.66%
1984$5,967.684.70%
1985$6,191.183.75%
1986$6,299.591.75%
1987$6,456.712.49%
1988$6,644.392.91%
1989$6,843.062.99%
1990$7,152.534.52%
1991$7,487.304.68%
1992$7,668.782.42%
1993$7,860.762.50%
1994$8,082.832.83%
1995$8,293.432.61%
1996$8,520.282.74%
1997$8,672.141.78%
1998$8,794.881.42%
1999$9,043.212.82%
2000$9,423.364.20%
2001$9,755.743.53%
2002$9,888.511.36%
2003$10,096.732.11%
2004$10,231.401.33%
2005$10,561.883.23%
2006$10,891.403.12%
2007$11,054.951.50%
2008$11,560.754.58%
2009$11,484.50-0.66%
2010$11,552.100.59%
2011$11,901.933.03%
2012$12,151.682.10%
2013$12,372.131.81%
2014$12,519.021.19%
2015$12,456.45-0.50%
2016$12,631.151.40%
2017$12,953.052.55%
2018$13,334.232.94%
2019$13,614.192.10%
2020$13,698.610.62%
2021$14,388.145.03%
2022$15,657.948.83%
2023$16,482.855.27%
2024$17,019.753.26%*

* 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 * $2,874 = $17,019.75

Therefore, according to U.S. Bureau of Labor Statistics, $2,874 in 1975 has the same "purchasing power" as $17,019.75 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.

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