Dallas, Texas prices: $8.75 in 1975 $51.82 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($8.75)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $43.07 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, $8.75 in Dallas in the year 1975 would cost $51.82 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 $8.75 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $8.75 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$8.759.24%
1976$9.286.10%
1977$9.977.36%
1978$10.757.82%
1979$12.0812.42%
1980$14.1316.95%
1981$15.7911.74%
1982$16.746.04%
1983$17.353.66%
1984$18.174.70%
1985$18.853.75%
1986$19.181.75%
1987$19.662.49%
1988$20.232.91%
1989$20.832.99%
1990$21.784.52%
1991$22.804.68%
1992$23.352.42%
1993$23.932.50%
1994$24.612.83%
1995$25.252.61%
1996$25.942.74%
1997$26.401.78%
1998$26.781.42%
1999$27.532.82%
2000$28.694.20%
2001$29.703.53%
2002$30.111.36%
2003$30.742.11%
2004$31.151.33%
2005$32.163.23%
2006$33.163.12%
2007$33.661.50%
2008$35.204.58%
2009$34.96-0.66%
2010$35.170.59%
2011$36.243.03%
2012$37.002.10%
2013$37.671.81%
2014$38.111.19%
2015$37.92-0.50%
2016$38.461.40%
2017$39.442.55%
2018$40.602.94%
2019$41.452.10%
2020$41.710.62%
2021$43.815.03%
2022$47.678.83%
2023$50.185.27%
2024$51.823.26%*

* 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 * $8.75 = $51.82

Therefore, according to U.S. Bureau of Labor Statistics, $8.75 in 1975 has the same "purchasing power" as $51.82 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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