Dallas, Texas prices: $5.18 in 1978 $24.98 in 2024

Inflation in Texas

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Prices in Dallas, 1978-2024 ($5.18)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 382.19% higher in 2024 versus 1978 (a $19.80 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, $5.18 in Dallas in the year 1978 would cost $24.98 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
Dallas-Fort Worth, Texas · Frankfurters · Gasoline (all types) · Indoor plants and flowers · More

Buying power of $5.18 since 1978

Below are calculations of equivalent buying power in Dallas, over time, for $5.18 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$5.187.82%
1979$5.8212.42%
1980$6.8116.95%
1981$7.6111.74%
1982$8.076.04%
1983$8.363.66%
1984$8.764.70%
1985$9.093.75%
1986$9.241.75%
1987$9.482.49%
1988$9.752.91%
1989$10.042.99%
1990$10.504.52%
1991$10.994.68%
1992$11.252.42%
1993$11.542.50%
1994$11.862.83%
1995$12.172.61%
1996$12.502.74%
1997$12.731.78%
1998$12.911.42%
1999$13.272.82%
2000$13.834.20%
2001$14.323.53%
2002$14.511.36%
2003$14.822.11%
2004$15.021.33%
2005$15.503.23%
2006$15.983.12%
2007$16.221.50%
2008$16.974.58%
2009$16.85-0.66%
2010$16.950.59%
2011$17.473.03%
2012$17.832.10%
2013$18.161.81%
2014$18.371.19%
2015$18.28-0.50%
2016$18.541.40%
2017$19.012.55%
2018$19.572.94%
2019$19.982.10%
2020$20.100.62%
2021$21.125.03%
2022$22.988.83%
2023$24.195.27%
2024$24.983.26%*

* 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 * $5.18 = $24.98

Therefore, according to U.S. Bureau of Labor Statistics, $5.18 in 1978 has the same "purchasing power" as $24.98 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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