Dallas, Texas prices: $24,000 in 1978 $118,223.62 in 2025

Inflation in Texas

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Prices in Dallas, 1978-2025 ($24,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 392.60% higher in 2025 versus 1978 (a $94,223.62 difference in value).

Between 1978 and 2025: Dallas experienced an average inflation rate of 3.45% per year. This rate of change indicates significant inflation. In other words, $24,000 in Dallas in the year 1978 would cost $118,223.62 in 2025 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 1978-2025 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
Financial services · Women's apparel · Wireless telephone services · Fresh fruits · More

Buying power of $24,000.00 since 1978

Below are calculations of equivalent buying power in Dallas, over time, for $24,000 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$24,000.007.82%
1979$26,980.9212.42%
1980$31,552.9716.95%
1981$35,258.0211.74%
1982$37,388.176.04%
1983$38,755.243.66%
1984$40,576.924.70%
1985$42,096.603.75%
1986$42,833.721.75%
1987$43,902.042.49%
1988$45,178.192.91%
1989$46,529.022.99%
1990$48,633.204.52%
1991$50,909.484.68%
1992$52,143.422.42%
1993$53,448.792.50%
1994$54,958.732.83%
1995$56,390.752.61%
1996$57,933.162.74%
1997$58,965.771.78%
1998$59,800.301.42%
1999$61,488.842.82%
2000$64,073.604.20%
2001$66,333.653.53%
2002$67,236.371.36%
2003$68,652.142.11%
2004$69,567.851.33%
2005$71,814.913.23%
2006$74,055.473.12%
2007$75,167.511.50%
2008$78,606.674.58%
2009$78,088.23-0.66%
2010$78,547.830.59%
2011$80,926.533.03%
2012$82,624.682.10%
2013$84,123.591.81%
2014$85,122.361.19%
2015$84,696.98-0.50%
2016$85,884.801.40%
2017$88,073.542.55%
2018$90,665.382.94%
2019$92,568.952.10%
2020$93,142.930.62%
2021$97,831.355.03%
2022$106,465.318.83%
2023$112,074.255.27%
2024$116,504.273.95%
2025$118,223.621.48%*

* 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:

Year196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.987303.400

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1978 * 1978 USD value = 2025 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 303.400 in 2025:

303.400 / 61.592 * $24,000 = $118,223.62

Therefore, according to U.S. Bureau of Labor Statistics, $24,000 in 1978 has the same "purchasing power" as $118,223.62 in 2025 (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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