Dallas, Texas prices: $5,504 in 1975 $32,594.55 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($5,504)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $27,090.55 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, $5,504 in Dallas in the year 1975 would cost $32,594.55 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 $5,504.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $5,504 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$5,504.009.24%
1976$5,839.656.10%
1977$6,269.517.36%
1978$6,759.737.82%
1979$7,599.3212.42%
1980$8,887.0716.95%
1981$9,930.6111.74%
1982$10,530.586.04%
1983$10,915.633.66%
1984$11,428.714.70%
1985$11,856.743.75%
1986$12,064.351.75%
1987$12,365.252.49%
1988$12,724.682.91%
1989$13,105.152.99%
1990$13,697.814.52%
1991$14,338.944.68%
1992$14,686.482.42%
1993$15,054.142.50%
1994$15,479.432.83%
1995$15,882.762.61%
1996$16,317.192.74%
1997$16,608.031.78%
1998$16,843.081.42%
1999$17,318.672.82%
2000$18,046.684.20%
2001$18,683.243.53%
2002$18,937.491.36%
2003$19,336.252.11%
2004$19,594.171.33%
2005$20,227.063.23%
2006$20,858.133.12%
2007$21,171.341.50%
2008$22,140.004.58%
2009$21,993.98-0.66%
2010$22,123.430.59%
2011$22,793.403.03%
2012$23,271.692.10%
2013$23,693.871.81%
2014$23,975.181.19%
2015$23,855.37-0.50%
2016$24,189.921.40%
2017$24,806.392.55%
2018$25,536.402.94%
2019$26,072.552.10%
2020$26,234.220.62%
2021$27,554.745.03%
2022$29,986.548.83%
2023$31,566.335.27%
2024$32,594.553.26%*

* 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 * $5,504 = $32,594.55

Therefore, according to U.S. Bureau of Labor Statistics, $5,504 in 1975 has the same "purchasing power" as $32,594.55 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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