Dallas, Texas prices: $51,750 in 1975 $306,462.16 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($51,750)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $254,712.16 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, $51,750 in Dallas in the year 1975 would cost $306,462.16 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 $51,750.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $51,750 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$51,750.009.24%
1976$54,905.916.10%
1977$58,947.537.36%
1978$63,556.707.82%
1979$71,450.7712.42%
1980$83,558.4516.95%
1981$93,370.1411.74%
1982$99,011.226.04%
1983$102,631.483.66%
1984$107,455.634.70%
1985$111,480.063.75%
1986$113,432.081.75%
1987$116,261.222.49%
1988$119,640.702.91%
1989$123,217.972.99%
1990$128,790.254.52%
1991$134,818.304.68%
1992$138,085.992.42%
1993$141,542.872.50%
1994$145,541.502.83%
1995$149,333.752.61%
1996$153,418.372.74%
1997$156,152.921.78%
1998$158,362.911.42%
1999$162,834.502.82%
2000$169,679.464.20%
2001$175,664.513.53%
2002$178,055.081.36%
2003$181,804.342.11%
2004$184,229.311.33%
2005$190,179.963.23%
2006$196,113.413.12%
2007$199,058.291.50%
2008$208,165.884.58%
2009$206,792.93-0.66%
2010$208,010.060.59%
2011$214,309.323.03%
2012$218,806.362.10%
2013$222,775.751.81%
2014$225,420.701.19%
2015$224,294.20-0.50%
2016$227,439.791.40%
2017$233,235.992.55%
2018$240,099.712.94%
2019$245,140.732.10%
2020$246,660.730.62%
2021$259,076.605.03%
2022$281,941.028.83%
2023$296,794.595.27%
2024$306,462.163.26%*

* 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 * $51,750 = $306,462.16

Therefore, according to U.S. Bureau of Labor Statistics, $51,750 in 1975 has the same "purchasing power" as $306,462.16 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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