Dallas, Texas prices: $500,000,000 in 1975 $2,960,987,038.88 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($500,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $2,460,987,038.88 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, $500,000,000 in Dallas in the year 1975 would cost $2,960,987,038.88 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 $500,000,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $500,000,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$500,000,000.009.24%
1976$530,491,857.766.10%
1977$569,541,375.877.36%
1978$614,074,443.347.82%
1979$690,345,629.7812.42%
1980$807,328,015.9516.95%
1981$902,126,952.4811.74%
1982$956,630,109.676.04%
1983$991,608,507.813.66%
1984$1,038,218,677.304.70%
1985$1,077,102,027.253.75%
1986$1,095,962,113.661.75%
1987$1,123,296,776.342.49%
1988$1,155,948,820.212.91%
1989$1,190,511,797.942.99%
1990$1,244,350,282.494.52%
1991$1,302,592,223.334.68%
1992$1,334,164,174.142.42%
1993$1,367,563,974.742.50%
1994$1,406,198,072.452.83%
1995$1,442,838,152.212.61%
1996$1,482,303,090.732.74%
1997$1,508,723,828.511.78%
1998$1,530,076,437.351.42%
1999$1,573,280,159.522.82%
2000$1,639,415,088.074.20%
2001$1,697,241,608.513.53%
2002$1,720,338,983.051.36%
2003$1,756,563,642.412.11%
2004$1,779,993,353.271.33%
2005$1,837,487,537.393.23%
2006$1,894,815,553.343.12%
2007$1,923,268,527.751.50%
2008$2,011,264,539.714.58%
2009$1,997,999,335.33-0.66%
2010$2,009,759,056.160.59%
2011$2,070,621,468.933.03%
2012$2,114,071,119.972.10%
2013$2,152,422,731.801.81%
2014$2,177,977,733.471.19%
2015$2,167,093,718.84-0.50%
2016$2,197,485,875.711.40%
2017$2,253,487,869.722.55%
2018$2,319,803,921.572.94%
2019$2,368,509,471.592.10%
2020$2,383,195,413.760.62%
2021$2,503,155,533.405.03%
2022$2,724,067,796.618.83%
2023$2,867,580,591.565.27%
2024$2,960,987,038.883.26%*

* 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 * $500,000,000 = $2,960,987,038.88

Therefore, according to U.S. Bureau of Labor Statistics, $500,000,000 in 1975 has the same "purchasing power" as $2,960,987,038.88 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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