Dallas, Texas prices: $980 in 1975 $5,803.53 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($980)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $4,823.53 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, $980 in Dallas in the year 1975 would cost $5,803.53 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
Alcoholic beverages · Parking fees and tolls · Dallas-Fort Worth, Texas · College tuition and fees · More

Buying power of $980.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $980 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$980.009.24%
1976$1,039.766.10%
1977$1,116.307.36%
1978$1,203.597.82%
1979$1,353.0812.42%
1980$1,582.3616.95%
1981$1,768.1711.74%
1982$1,875.006.04%
1983$1,943.553.66%
1984$2,034.914.70%
1985$2,111.123.75%
1986$2,148.091.75%
1987$2,201.662.49%
1988$2,265.662.91%
1989$2,333.402.99%
1990$2,438.934.52%
1991$2,553.084.68%
1992$2,614.962.42%
1993$2,680.432.50%
1994$2,756.152.83%
1995$2,827.962.61%
1996$2,905.312.74%
1997$2,957.101.78%
1998$2,998.951.42%
1999$3,083.632.82%
2000$3,213.254.20%
2001$3,326.593.53%
2002$3,371.861.36%
2003$3,442.862.11%
2004$3,488.791.33%
2005$3,601.483.23%
2006$3,713.843.12%
2007$3,769.611.50%
2008$3,942.084.58%
2009$3,916.08-0.66%
2010$3,939.130.59%
2011$4,058.423.03%
2012$4,143.582.10%
2013$4,218.751.81%
2014$4,268.841.19%
2015$4,247.50-0.50%
2016$4,307.071.40%
2017$4,416.842.55%
2018$4,546.822.94%
2019$4,642.282.10%
2020$4,671.060.62%
2021$4,906.185.03%
2022$5,339.178.83%
2023$5,620.465.27%
2024$5,803.533.26%*

* 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 * $980 = $5,803.53

Therefore, according to U.S. Bureau of Labor Statistics, $980 in 1975 has the same "purchasing power" as $5,803.53 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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