Dallas, Texas prices: $51 in 1975 $302.02 in 2024

Inflation in Texas

$

Prices in Dallas, 1975-2024 ($51)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $251.02 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, $51 in Dallas in the year 1975 would cost $302.02 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
Admission to sporting events · Housing · Legal services · New York · More

Buying power of $51.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $51 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$51.009.24%
1976$54.116.10%
1977$58.097.36%
1978$62.647.82%
1979$70.4212.42%
1980$82.3516.95%
1981$92.0211.74%
1982$97.586.04%
1983$101.143.66%
1984$105.904.70%
1985$109.863.75%
1986$111.791.75%
1987$114.582.49%
1988$117.912.91%
1989$121.432.99%
1990$126.924.52%
1991$132.864.68%
1992$136.082.42%
1993$139.492.50%
1994$143.432.83%
1995$147.172.61%
1996$151.192.74%
1997$153.891.78%
1998$156.071.42%
1999$160.472.82%
2000$167.224.20%
2001$173.123.53%
2002$175.471.36%
2003$179.172.11%
2004$181.561.33%
2005$187.423.23%
2006$193.273.12%
2007$196.171.50%
2008$205.154.58%
2009$203.80-0.66%
2010$205.000.59%
2011$211.203.03%
2012$215.642.10%
2013$219.551.81%
2014$222.151.19%
2015$221.04-0.50%
2016$224.141.40%
2017$229.862.55%
2018$236.622.94%
2019$241.592.10%
2020$243.090.62%
2021$255.325.03%
2022$277.858.83%
2023$292.495.27%
2024$302.023.26%*

* 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 * $51 = $302.02

Therefore, according to U.S. Bureau of Labor Statistics, $51 in 1975 has the same "purchasing power" as $302.02 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.