Dallas, Texas prices: $5.97 in 1975 $35.35 in 2024

Inflation in Texas

$

Prices in Dallas, 1975-2024 ($5.97)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $29.38 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, $5.97 in Dallas in the year 1975 would cost $35.35 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
Food · Jewelry · Bread · Hospital services · More

Buying power of $5.97 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $5.97 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$5.979.24%
1976$6.336.10%
1977$6.807.36%
1978$7.337.82%
1979$8.2412.42%
1980$9.6416.95%
1981$10.7711.74%
1982$11.426.04%
1983$11.843.66%
1984$12.404.70%
1985$12.863.75%
1986$13.091.75%
1987$13.412.49%
1988$13.802.91%
1989$14.212.99%
1990$14.864.52%
1991$15.554.68%
1992$15.932.42%
1993$16.332.50%
1994$16.792.83%
1995$17.232.61%
1996$17.702.74%
1997$18.011.78%
1998$18.271.42%
1999$18.782.82%
2000$19.574.20%
2001$20.273.53%
2002$20.541.36%
2003$20.972.11%
2004$21.251.33%
2005$21.943.23%
2006$22.623.12%
2007$22.961.50%
2008$24.014.58%
2009$23.86-0.66%
2010$24.000.59%
2011$24.723.03%
2012$25.242.10%
2013$25.701.81%
2014$26.011.19%
2015$25.88-0.50%
2016$26.241.40%
2017$26.912.55%
2018$27.702.94%
2019$28.282.10%
2020$28.460.62%
2021$29.895.03%
2022$32.538.83%
2023$34.245.27%
2024$35.353.26%*

* 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 * $5.97 = $35.35

Therefore, according to U.S. Bureau of Labor Statistics, $5.97 in 1975 has the same "purchasing power" as $35.35 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.