Dallas, Texas prices: $3.50 in 1975 $20.67 in 2024

Inflation in Texas

$

Prices in Dallas, 1975-2024 ($3.50)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 490.47% higher in 2024 versus 1975 (a $17.17 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, $3.50 in Dallas in the year 1975 would cost $20.67 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
Film and photographic supplies · Housing · Seattle, Washington · Juices and nonalcoholic drinks · More

Buying power of $3.50 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $3.50 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$3.509.24%
1976$3.716.10%
1977$3.997.36%
1978$4.307.82%
1979$4.8312.42%
1980$5.6516.95%
1981$6.3111.74%
1982$6.706.04%
1983$6.943.66%
1984$7.274.70%
1985$7.543.75%
1986$7.671.75%
1987$7.862.49%
1988$8.092.91%
1989$8.332.99%
1990$8.714.52%
1991$9.124.68%
1992$9.342.42%
1993$9.572.50%
1994$9.842.83%
1995$10.102.61%
1996$10.382.74%
1997$10.561.78%
1998$10.711.42%
1999$11.012.82%
2000$11.484.20%
2001$11.883.53%
2002$12.041.36%
2003$12.302.11%
2004$12.461.33%
2005$12.863.23%
2006$13.263.12%
2007$13.461.50%
2008$14.084.58%
2009$13.99-0.66%
2010$14.070.59%
2011$14.493.03%
2012$14.802.10%
2013$15.071.81%
2014$15.251.19%
2015$15.17-0.50%
2016$15.381.40%
2017$15.772.55%
2018$16.242.94%
2019$16.582.10%
2020$16.680.62%
2021$17.525.03%
2022$19.078.83%
2023$20.075.27%
2024$20.672.96%*

* 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 * $3.50 = $20.67

Therefore, according to U.S. Bureau of Labor Statistics, $3.50 in 1975 has the same "purchasing power" as $20.67 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.