Dallas, Texas prices: $7,622 in 1975 $45,137.29 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($7,622)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $37,515.29 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, $7,622 in Dallas in the year 1975 would cost $45,137.29 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
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Buying power of $7,622.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $7,622 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$7,622.009.24%
1976$8,086.826.10%
1977$8,682.097.36%
1978$9,360.957.82%
1979$10,523.6312.42%
1980$12,306.9116.95%
1981$13,752.0211.74%
1982$14,582.876.04%
1983$15,116.083.66%
1984$15,826.614.70%
1985$16,419.343.75%
1986$16,706.851.75%
1987$17,123.542.49%
1988$17,621.282.91%
1989$18,148.162.99%
1990$18,968.884.52%
1991$19,856.724.68%
1992$20,338.002.42%
1993$20,847.152.50%
1994$21,436.082.83%
1995$21,994.622.61%
1996$22,596.232.74%
1997$22,998.991.78%
1998$23,324.491.42%
1999$23,983.082.82%
2000$24,991.244.20%
2001$25,872.753.53%
2002$26,224.851.36%
2003$26,777.062.11%
2004$27,134.221.33%
2005$28,010.663.23%
2006$28,884.573.12%
2007$29,318.311.50%
2008$30,659.724.58%
2009$30,457.50-0.66%
2010$30,636.770.59%
2011$31,564.553.03%
2012$32,226.902.10%
2013$32,811.531.81%
2014$33,201.091.19%
2015$33,035.18-0.50%
2016$33,498.471.40%
2017$34,352.172.55%
2018$35,363.092.94%
2019$36,105.562.10%
2020$36,329.430.62%
2021$38,158.105.03%
2022$41,525.698.83%
2023$43,713.405.27%
2024$45,137.293.26%*

* 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 * $7,622 = $45,137.29

Therefore, according to U.S. Bureau of Labor Statistics, $7,622 in 1975 has the same "purchasing power" as $45,137.29 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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