Dallas, Texas prices: $8,000 in 1975 $47,375.79 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($8,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $39,375.79 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, $8,000 in Dallas in the year 1975 would cost $47,375.79 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 $8,000.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $8,000 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$8,000.009.24%
1976$8,487.876.10%
1977$9,112.667.36%
1978$9,825.197.82%
1979$11,045.5312.42%
1980$12,917.2516.95%
1981$14,434.0311.74%
1982$15,306.086.04%
1983$15,865.743.66%
1984$16,611.504.70%
1985$17,233.633.75%
1986$17,535.391.75%
1987$17,972.752.49%
1988$18,495.182.91%
1989$19,048.192.99%
1990$19,909.604.52%
1991$20,841.484.68%
1992$21,346.632.42%
1993$21,881.022.50%
1994$22,499.172.83%
1995$23,085.412.61%
1996$23,716.852.74%
1997$24,139.581.78%
1998$24,481.221.42%
1999$25,172.482.82%
2000$26,230.644.20%
2001$27,155.873.53%
2002$27,525.421.36%
2003$28,105.022.11%
2004$28,479.891.33%
2005$29,399.803.23%
2006$30,317.053.12%
2007$30,772.301.50%
2008$32,180.234.58%
2009$31,967.99-0.66%
2010$32,156.140.59%
2011$33,129.943.03%
2012$33,825.142.10%
2013$34,438.761.81%
2014$34,847.641.19%
2015$34,673.50-0.50%
2016$35,159.771.40%
2017$36,055.812.55%
2018$37,116.862.94%
2019$37,896.152.10%
2020$38,131.130.62%
2021$40,050.495.03%
2022$43,585.088.83%
2023$45,881.295.27%
2024$47,375.793.26%*

* 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 * $8,000 = $47,375.79

Therefore, according to U.S. Bureau of Labor Statistics, $8,000 in 1975 has the same "purchasing power" as $47,375.79 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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