Dallas, Texas prices: $705 in 1975 $4,174.99 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($705)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $3,469.99 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, $705 in Dallas in the year 1975 would cost $4,174.99 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 $705.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $705 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$705.009.24%
1976$747.996.10%
1977$803.057.36%
1978$865.847.82%
1979$973.3912.42%
1980$1,138.3316.95%
1981$1,272.0011.74%
1982$1,348.856.04%
1983$1,398.173.66%
1984$1,463.894.70%
1985$1,518.713.75%
1986$1,545.311.75%
1987$1,583.852.49%
1988$1,629.892.91%
1989$1,678.622.99%
1990$1,754.534.52%
1991$1,836.664.68%
1992$1,881.172.42%
1993$1,928.272.50%
1994$1,982.742.83%
1995$2,034.402.61%
1996$2,090.052.74%
1997$2,127.301.78%
1998$2,157.411.42%
1999$2,218.332.82%
2000$2,311.584.20%
2001$2,393.113.53%
2002$2,425.681.36%
2003$2,476.752.11%
2004$2,509.791.33%
2005$2,590.863.23%
2006$2,671.693.12%
2007$2,711.811.50%
2008$2,835.884.58%
2009$2,817.18-0.66%
2010$2,833.760.59%
2011$2,919.583.03%
2012$2,980.842.10%
2013$3,034.921.81%
2014$3,070.951.19%
2015$3,055.60-0.50%
2016$3,098.461.40%
2017$3,177.422.55%
2018$3,270.922.94%
2019$3,339.602.10%
2020$3,360.310.62%
2021$3,529.455.03%
2022$3,840.948.83%
2023$4,043.295.27%
2024$4,174.993.26%*

* 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 * $705 = $4,174.99

Therefore, according to U.S. Bureau of Labor Statistics, $705 in 1975 has the same "purchasing power" as $4,174.99 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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