Dallas, Texas prices: $3.18 in 1976 $17.75 in 2024

Inflation in Texas

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Prices in Dallas, 1976-2024 ($3.18)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 458.16% higher in 2024 versus 1976 (a $14.57 difference in value).

Between 1976 and 2024: Dallas experienced an average inflation rate of 3.65% per year. This rate of change indicates significant inflation. In other words, $3.18 in Dallas in the year 1976 would cost $17.75 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.60% during this same period, inflation in Dallas was higher.

In the year 1976: Pricing changed by 6.10%, which is above the average yearly change in Dallas during the 1976-2024 time period. Compared to inflation for all items in 1976 (5.75%), 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%).

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Buying power of $3.18 since 1976

Below are calculations of equivalent buying power in Dallas, over time, for $3.18 beginning in 1976. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1976$3.186.10%
1977$3.417.36%
1978$3.687.82%
1979$4.1412.42%
1980$4.8416.95%
1981$5.4111.74%
1982$5.736.04%
1983$5.943.66%
1984$6.224.70%
1985$6.463.75%
1986$6.571.75%
1987$6.732.49%
1988$6.932.91%
1989$7.142.99%
1990$7.464.52%
1991$7.814.68%
1992$8.002.42%
1993$8.202.50%
1994$8.432.83%
1995$8.652.61%
1996$8.892.74%
1997$9.041.78%
1998$9.171.42%
1999$9.432.82%
2000$9.834.20%
2001$10.173.53%
2002$10.311.36%
2003$10.532.11%
2004$10.671.33%
2005$11.013.23%
2006$11.363.12%
2007$11.531.50%
2008$12.064.58%
2009$11.98-0.66%
2010$12.050.59%
2011$12.413.03%
2012$12.672.10%
2013$12.901.81%
2014$13.061.19%
2015$12.99-0.50%
2016$13.171.40%
2017$13.512.55%
2018$13.912.94%
2019$14.202.10%
2020$14.290.62%
2021$15.015.03%
2022$16.338.83%
2023$17.195.27%
2024$17.753.26%*

* 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 1976 * 1976 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 53.208 in the year 1976 and 296.987 in 2024:

296.987 / 53.208 * $3.18 = $17.75

Therefore, according to U.S. Bureau of Labor Statistics, $3.18 in 1976 has the same "purchasing power" as $17.75 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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