Dallas, Texas prices: $3,000 in 1975 $17,765.92 in 2024

Inflation in Texas

$

Prices in Dallas, 1975-2024 ($3,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $14,765.92 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, $3,000 in Dallas in the year 1975 would cost $17,765.92 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
Public transportation · Phoenix, Arizona · San Diego, California · New cars · More

Buying power of $3,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $3,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$3,000.009.24%
1976$3,182.956.10%
1977$3,417.257.36%
1978$3,684.457.82%
1979$4,142.0712.42%
1980$4,843.9716.95%
1981$5,412.7611.74%
1982$5,739.786.04%
1983$5,949.653.66%
1984$6,229.314.70%
1985$6,462.613.75%
1986$6,575.771.75%
1987$6,739.782.49%
1988$6,935.692.91%
1989$7,143.072.99%
1990$7,466.104.52%
1991$7,815.554.68%
1992$8,004.992.42%
1993$8,205.382.50%
1994$8,437.192.83%
1995$8,657.032.61%
1996$8,893.822.74%
1997$9,052.341.78%
1998$9,180.461.42%
1999$9,439.682.82%
2000$9,836.494.20%
2001$10,183.453.53%
2002$10,322.031.36%
2003$10,539.382.11%
2004$10,679.961.33%
2005$11,024.933.23%
2006$11,368.893.12%
2007$11,539.611.50%
2008$12,067.594.58%
2009$11,988.00-0.66%
2010$12,058.550.59%
2011$12,423.733.03%
2012$12,684.432.10%
2013$12,914.541.81%
2014$13,067.871.19%
2015$13,002.56-0.50%
2016$13,184.921.40%
2017$13,520.932.55%
2018$13,918.822.94%
2019$14,211.062.10%
2020$14,299.170.62%
2021$15,018.935.03%
2022$16,344.418.83%
2023$17,205.485.27%
2024$17,765.923.26%*

* 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 * $3,000 = $17,765.92

Therefore, according to U.S. Bureau of Labor Statistics, $3,000 in 1975 has the same "purchasing power" as $17,765.92 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.