Dallas, Texas prices: $500 in 1975 $2,960.99 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($500)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $2,460.99 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, $500 in Dallas in the year 1975 would cost $2,960.99 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 $500.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $500 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$500.009.24%
1976$530.496.10%
1977$569.547.36%
1978$614.077.82%
1979$690.3512.42%
1980$807.3316.95%
1981$902.1311.74%
1982$956.636.04%
1983$991.613.66%
1984$1,038.224.70%
1985$1,077.103.75%
1986$1,095.961.75%
1987$1,123.302.49%
1988$1,155.952.91%
1989$1,190.512.99%
1990$1,244.354.52%
1991$1,302.594.68%
1992$1,334.162.42%
1993$1,367.562.50%
1994$1,406.202.83%
1995$1,442.842.61%
1996$1,482.302.74%
1997$1,508.721.78%
1998$1,530.081.42%
1999$1,573.282.82%
2000$1,639.424.20%
2001$1,697.243.53%
2002$1,720.341.36%
2003$1,756.562.11%
2004$1,779.991.33%
2005$1,837.493.23%
2006$1,894.823.12%
2007$1,923.271.50%
2008$2,011.264.58%
2009$1,998.00-0.66%
2010$2,009.760.59%
2011$2,070.623.03%
2012$2,114.072.10%
2013$2,152.421.81%
2014$2,177.981.19%
2015$2,167.09-0.50%
2016$2,197.491.40%
2017$2,253.492.55%
2018$2,319.802.94%
2019$2,368.512.10%
2020$2,383.200.62%
2021$2,503.165.03%
2022$2,724.078.83%
2023$2,867.585.27%
2024$2,960.993.26%*

* 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 * $500 = $2,960.99

Therefore, according to U.S. Bureau of Labor Statistics, $500 in 1975 has the same "purchasing power" as $2,960.99 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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