Dallas, Texas prices: $7,600 in 1976 $42,420.07 in 2024

Inflation in Texas

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Prices in Dallas, 1976-2024 ($7,600)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 458.16% higher in 2024 versus 1976 (a $34,820.07 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, $7,600 in Dallas in the year 1976 would cost $42,420.07 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 $7,600.00 since 1976

Below are calculations of equivalent buying power in Dallas, over time, for $7,600 beginning in 1976. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1976$7,600.006.10%
1977$8,159.447.36%
1978$8,797.437.82%
1979$9,890.1212.42%
1980$11,566.0516.95%
1981$12,924.1711.74%
1982$13,705.006.04%
1983$14,206.113.66%
1984$14,873.864.70%
1985$15,430.923.75%
1986$15,701.111.75%
1987$16,092.722.49%
1988$16,560.502.91%
1989$17,055.662.99%
1990$17,826.974.52%
1991$18,661.364.68%
1992$19,113.672.42%
1993$19,592.172.50%
1994$20,145.652.83%
1995$20,670.572.61%
1996$21,235.962.74%
1997$21,614.471.78%
1998$21,920.381.42%
1999$22,539.332.82%
2000$23,486.804.20%
2001$24,315.243.53%
2002$24,646.141.36%
2003$25,165.112.11%
2004$25,500.771.33%
2005$26,324.453.23%
2006$27,145.753.12%
2007$27,553.371.50%
2008$28,814.034.58%
2009$28,623.99-0.66%
2010$28,792.470.59%
2011$29,664.403.03%
2012$30,286.872.10%
2013$30,836.311.81%
2014$31,202.421.19%
2015$31,046.49-0.50%
2016$31,481.901.40%
2017$32,284.202.55%
2018$33,234.272.94%
2019$33,932.042.10%
2020$34,142.440.62%
2021$35,861.035.03%
2022$39,025.898.83%
2023$41,081.905.27%
2024$42,420.073.26%*

* 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 * $7,600 = $42,420.07

Therefore, according to U.S. Bureau of Labor Statistics, $7,600 in 1976 has the same "purchasing power" as $42,420.07 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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