Dallas, Texas prices: $3.05 in 1975 $18.06 in 2024

Inflation in Texas

$

Prices in Dallas, 1975-2024 ($3.05)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $15.01 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, $3.05 in Dallas in the year 1975 would cost $18.06 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
Minneapolis-St Paul, Minnesota · Dental services · Detroit, Michigan · Public transportation · More

Buying power of $3.05 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $3.05 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$3.059.24%
1976$3.246.10%
1977$3.477.36%
1978$3.757.82%
1979$4.2112.42%
1980$4.9216.95%
1981$5.5011.74%
1982$5.846.04%
1983$6.053.66%
1984$6.334.70%
1985$6.573.75%
1986$6.691.75%
1987$6.852.49%
1988$7.052.91%
1989$7.262.99%
1990$7.594.52%
1991$7.954.68%
1992$8.142.42%
1993$8.342.50%
1994$8.582.83%
1995$8.802.61%
1996$9.042.74%
1997$9.201.78%
1998$9.331.42%
1999$9.602.82%
2000$10.004.20%
2001$10.353.53%
2002$10.491.36%
2003$10.722.11%
2004$10.861.33%
2005$11.213.23%
2006$11.563.12%
2007$11.731.50%
2008$12.274.58%
2009$12.19-0.66%
2010$12.260.59%
2011$12.633.03%
2012$12.902.10%
2013$13.131.81%
2014$13.291.19%
2015$13.22-0.50%
2016$13.401.40%
2017$13.752.55%
2018$14.152.94%
2019$14.452.10%
2020$14.540.62%
2021$15.275.03%
2022$16.628.83%
2023$17.495.27%
2024$18.063.26%*

* 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 * $3.05 = $18.06

Therefore, according to U.S. Bureau of Labor Statistics, $3.05 in 1975 has the same "purchasing power" as $18.06 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.