Dallas, Texas prices: $2,874 in 1979 $12,326.98 in 2024

Inflation in Texas

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Prices in Dallas, 1979-2024 ($2,874)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 328.91% higher in 2024 versus 1979 (a $9,452.98 difference in value).

Between 1979 and 2024: Dallas experienced an average inflation rate of 3.29% per year. This rate of change indicates significant inflation. In other words, $2,874 in Dallas in the year 1979 would cost $12,326.98 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.28% during this same period, inflation in Dallas was higher.

In the year 1979: Pricing changed by 12.42%, which is significantly above the average yearly change in Dallas during the 1979-2024 time period. Compared to inflation for all items in 1979 (11.26%), 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 $2,874.00 since 1979

Below are calculations of equivalent buying power in Dallas, over time, for $2,874 beginning in 1979. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1979$2,874.0012.42%
1980$3,361.0116.95%
1981$3,755.6711.74%
1982$3,982.586.04%
1983$4,128.203.66%
1984$4,322.244.70%
1985$4,484.123.75%
1986$4,562.631.75%
1987$4,676.432.49%
1988$4,812.372.91%
1989$4,956.262.99%
1990$5,180.394.52%
1991$5,422.864.68%
1992$5,554.302.42%
1993$5,693.352.50%
1994$5,854.192.83%
1995$6,006.732.61%
1996$6,171.022.74%
1997$6,281.021.78%
1998$6,369.911.42%
1999$6,549.772.82%
2000$6,825.104.20%
2001$7,065.843.53%
2002$7,162.001.36%
2003$7,312.812.11%
2004$7,410.351.33%
2005$7,649.703.23%
2006$7,888.373.12%
2007$8,006.821.50%
2008$8,373.164.58%
2009$8,317.94-0.66%
2010$8,366.890.59%
2011$8,620.273.03%
2012$8,801.162.10%
2013$8,960.821.81%
2014$9,067.211.19%
2015$9,021.90-0.50%
2016$9,148.421.40%
2017$9,381.572.55%
2018$9,657.652.94%
2019$9,860.422.10%
2020$9,921.560.62%
2021$10,420.975.03%
2022$11,340.658.83%
2023$11,938.125.27%
2024$12,326.983.26%*

* 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 1979 * 1979 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 69.242 in the year 1979 and 296.987 in 2024:

296.987 / 69.242 * $2,874 = $12,326.98

Therefore, according to U.S. Bureau of Labor Statistics, $2,874 in 1979 has the same "purchasing power" as $12,326.98 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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