Dallas, Texas prices: $20 in 1978 $97.08 in 2024

Inflation in Texas

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Prices in Dallas, 1978-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 385.42% higher in 2024 versus 1978 (a $77.08 difference in value).

Between 1978 and 2024: Dallas experienced an average inflation rate of 3.49% per year. This rate of change indicates significant inflation. In other words, $20 in Dallas in the year 1978 would cost $97.08 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.47% during this same period, inflation in Dallas was higher.

In the year 1978: Pricing changed by 7.82%, which is significantly above the average yearly change in Dallas during the 1978-2024 time period. Compared to inflation for all items in 1978 (7.63%), 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 $20.00 since 1978

Below are calculations of equivalent buying power in Dallas, over time, for $20 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$20.007.82%
1979$22.4812.42%
1980$26.2916.95%
1981$29.3811.74%
1982$31.166.04%
1983$32.303.66%
1984$33.814.70%
1985$35.083.75%
1986$35.691.75%
1987$36.592.49%
1988$37.652.91%
1989$38.772.99%
1990$40.534.52%
1991$42.424.68%
1992$43.452.42%
1993$44.542.50%
1994$45.802.83%
1995$46.992.61%
1996$48.282.74%
1997$49.141.78%
1998$49.831.42%
1999$51.242.82%
2000$53.394.20%
2001$55.283.53%
2002$56.031.36%
2003$57.212.11%
2004$57.971.33%
2005$59.853.23%
2006$61.713.12%
2007$62.641.50%
2008$65.514.58%
2009$65.07-0.66%
2010$65.460.59%
2011$67.443.03%
2012$68.852.10%
2013$70.101.81%
2014$70.941.19%
2015$70.58-0.50%
2016$71.571.40%
2017$73.392.55%
2018$75.552.94%
2019$77.142.10%
2020$77.620.62%
2021$81.535.03%
2022$88.728.83%
2023$93.405.27%
2024$97.083.95%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.977

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1978 * 1978 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 61.592 in the year 1978 and 298.977 in 2024:

298.977 / 61.592 * $20 = $97.08

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1978 has the same "purchasing power" as $97.08 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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