Dallas, Texas prices: $6.55 in 1976 $36.56 in 2024

Inflation in Texas

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Prices in Dallas, 1976-2024 ($6.55)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 458.16% higher in 2024 versus 1976 (a $30.01 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, $6.55 in Dallas in the year 1976 would cost $36.56 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%).

View price changes for other categories
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Buying power of $6.55 since 1976

Below are calculations of equivalent buying power in Dallas, over time, for $6.55 beginning in 1976. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1976$6.556.10%
1977$7.037.36%
1978$7.587.82%
1979$8.5212.42%
1980$9.9716.95%
1981$11.1411.74%
1982$11.816.04%
1983$12.243.66%
1984$12.824.70%
1985$13.303.75%
1986$13.531.75%
1987$13.872.49%
1988$14.272.91%
1989$14.702.99%
1990$15.364.52%
1991$16.084.68%
1992$16.472.42%
1993$16.892.50%
1994$17.362.83%
1995$17.812.61%
1996$18.302.74%
1997$18.631.78%
1998$18.891.42%
1999$19.432.82%
2000$20.244.20%
2001$20.963.53%
2002$21.241.36%
2003$21.692.11%
2004$21.981.33%
2005$22.693.23%
2006$23.403.12%
2007$23.751.50%
2008$24.834.58%
2009$24.67-0.66%
2010$24.810.59%
2011$25.573.03%
2012$26.102.10%
2013$26.581.81%
2014$26.891.19%
2015$26.76-0.50%
2016$27.131.40%
2017$27.822.55%
2018$28.642.94%
2019$29.242.10%
2020$29.430.62%
2021$30.915.03%
2022$33.638.83%
2023$35.415.27%
2024$36.563.26%*

* 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 * $6.55 = $36.56

Therefore, according to U.S. Bureau of Labor Statistics, $6.55 in 1976 has the same "purchasing power" as $36.56 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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