Dallas, Texas prices: $60,000 in 1975 $355,318.44 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($60,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $295,318.44 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, $60,000 in Dallas in the year 1975 would cost $355,318.44 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.65% 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
New trucks · Educational books and supplies · Televisions · Juices and nonalcoholic drinks · More

Buying power of $60,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $60,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$60,000.009.24%
1976$63,659.026.10%
1977$68,344.977.36%
1978$73,688.937.82%
1979$82,841.4812.42%
1980$96,879.3616.95%
1981$108,255.2311.74%
1982$114,795.616.04%
1983$118,993.023.66%
1984$124,586.244.70%
1985$129,252.243.75%
1986$131,515.451.75%
1987$134,795.612.49%
1988$138,713.862.91%
1989$142,861.422.99%
1990$149,322.034.52%
1991$156,311.074.68%
1992$160,099.702.42%
1993$164,107.682.50%
1994$168,743.772.83%
1995$173,140.582.61%
1996$177,876.372.74%
1997$181,046.861.78%
1998$183,609.171.42%
1999$188,793.622.82%
2000$196,729.814.20%
2001$203,668.993.53%
2002$206,440.681.36%
2003$210,787.642.11%
2004$213,599.201.33%
2005$220,498.503.23%
2006$227,377.873.12%
2007$230,792.221.50%
2008$241,351.744.58%
2009$239,759.92-0.66%
2010$241,171.090.59%
2011$248,474.583.03%
2012$253,688.532.10%
2013$258,290.731.81%
2014$261,357.331.19%
2015$260,051.25-0.50%
2016$263,698.311.40%
2017$270,418.542.55%
2018$278,376.472.94%
2019$284,221.142.10%
2020$285,983.450.62%
2021$300,378.665.03%
2022$326,888.148.83%
2023$344,109.675.27%
2024$355,318.443.26%*

* 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 * $60,000 = $355,318.44

Therefore, according to U.S. Bureau of Labor Statistics, $60,000 in 1975 has the same "purchasing power" as $355,318.44 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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