Dallas, Texas prices: $1,298 in 1977 $6,748.17 in 2024

Inflation in Texas

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Prices in Dallas, 1977-2024 ($1,298)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 419.89% higher in 2024 versus 1977 (a $5,450.17 difference in value).

Between 1977 and 2024: Dallas experienced an average inflation rate of 3.57% per year. This rate of change indicates significant inflation. In other words, $1,298 in Dallas in the year 1977 would cost $6,748.17 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.54% during this same period, inflation in Dallas was higher.

In the year 1977: Pricing changed by 7.36%, which is significantly above the average yearly change in Dallas during the 1977-2024 time period. Compared to inflation for all items in 1977 (6.50%), 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 $1,298.00 since 1977

Below are calculations of equivalent buying power in Dallas, over time, for $1,298 beginning in 1977. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1977$1,298.007.36%
1978$1,399.497.82%
1979$1,573.3212.42%
1980$1,839.9216.95%
1981$2,055.9711.74%
1982$2,180.196.04%
1983$2,259.903.66%
1984$2,366.134.70%
1985$2,454.743.75%
1986$2,497.731.75%
1987$2,560.022.49%
1988$2,634.442.91%
1989$2,713.212.99%
1990$2,835.914.52%
1991$2,968.644.68%
1992$3,040.602.42%
1993$3,116.712.50%
1994$3,204.762.83%
1995$3,288.272.61%
1996$3,378.212.74%
1997$3,438.421.78%
1998$3,487.091.42%
1999$3,585.552.82%
2000$3,736.274.20%
2001$3,868.063.53%
2002$3,920.701.36%
2003$4,003.262.11%
2004$4,056.651.33%
2005$4,187.683.23%
2006$4,318.343.12%
2007$4,383.181.50%
2008$4,583.734.58%
2009$4,553.49-0.66%
2010$4,580.290.59%
2011$4,719.003.03%
2012$4,818.022.10%
2013$4,905.431.81%
2014$4,963.671.19%
2015$4,938.86-0.50%
2016$5,008.131.40%
2017$5,135.762.55%
2018$5,286.902.94%
2019$5,397.902.10%
2020$5,431.370.62%
2021$5,704.765.03%
2022$6,208.228.83%
2023$6,535.295.27%
2024$6,748.173.26%*

* 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 1977 * 1977 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 57.125 in the year 1977 and 296.987 in 2024:

296.987 / 57.125 * $1,298 = $6,748.17

Therefore, according to U.S. Bureau of Labor Statistics, $1,298 in 1977 has the same "purchasing power" as $6,748.17 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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