Dallas, Texas prices: $1,595 in 1978 $7,690.88 in 2024

Inflation in Texas

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Prices in Dallas, 1978-2024 ($1,595)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 382.19% higher in 2024 versus 1978 (a $6,095.88 difference in value).

Between 1978 and 2024: Dallas experienced an average inflation rate of 3.48% per year. This rate of change indicates significant inflation. In other words, $1,595 in Dallas in the year 1978 would cost $7,690.88 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.45% 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
College tuition and fees · Frankfurters · Jewelry · Admission to sporting events · More

Buying power of $1,595.00 since 1978

Below are calculations of equivalent buying power in Dallas, over time, for $1,595 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$1,595.007.82%
1979$1,793.1112.42%
1980$2,096.9616.95%
1981$2,343.1911.74%
1982$2,484.766.04%
1983$2,575.613.66%
1984$2,696.674.70%
1985$2,797.673.75%
1986$2,846.661.75%
1987$2,917.662.49%
1988$3,002.472.91%
1989$3,092.242.99%
1990$3,232.084.52%
1991$3,383.364.68%
1992$3,465.362.42%
1993$3,552.122.50%
1994$3,652.472.83%
1995$3,747.632.61%
1996$3,850.142.74%
1997$3,918.771.78%
1998$3,974.231.42%
1999$4,086.452.82%
2000$4,258.224.20%
2001$4,408.423.53%
2002$4,468.421.36%
2003$4,562.512.11%
2004$4,623.361.33%
2005$4,772.703.23%
2006$4,921.603.12%
2007$4,995.511.50%
2008$5,224.074.58%
2009$5,189.61-0.66%
2010$5,220.160.59%
2011$5,378.243.03%
2012$5,491.102.10%
2013$5,590.711.81%
2014$5,657.091.19%
2015$5,628.82-0.50%
2016$5,707.761.40%
2017$5,853.222.55%
2018$6,025.472.94%
2019$6,151.982.10%
2020$6,190.120.62%
2021$6,501.715.03%
2022$7,075.518.83%
2023$7,448.275.27%
2024$7,690.883.26%*

* 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 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 296.987 in 2024:

296.987 / 61.592 * $1,595 = $7,690.88

Therefore, according to U.S. Bureau of Labor Statistics, $1,595 in 1978 has the same "purchasing power" as $7,690.88 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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