Dallas, Texas prices: $23 in 1975 $136.21 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($23)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $113.21 difference in value).

Between 1975 and 2024: Dallas experienced an average inflation rate of 3.70% per year. This rate of change indicates significant inflation. In other words, $23 in Dallas in the year 1975 would cost $136.21 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.64% during this same period, inflation in Dallas was higher.

In the year 1975: Pricing changed by 9.24%, which is significantly above the average yearly change in Dallas during the 1975-2024 time period. Compared to inflation for all items in 1975 (9.14%), 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 $23.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $23 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$23.009.24%
1976$24.406.10%
1977$26.207.36%
1978$28.257.82%
1979$31.7612.42%
1980$37.1416.95%
1981$41.5011.74%
1982$44.006.04%
1983$45.613.66%
1984$47.764.70%
1985$49.553.75%
1986$50.411.75%
1987$51.672.49%
1988$53.172.91%
1989$54.762.99%
1990$57.244.52%
1991$59.924.68%
1992$61.372.42%
1993$62.912.50%
1994$64.692.83%
1995$66.372.61%
1996$68.192.74%
1997$69.401.78%
1998$70.381.42%
1999$72.372.82%
2000$75.414.20%
2001$78.073.53%
2002$79.141.36%
2003$80.802.11%
2004$81.881.33%
2005$84.523.23%
2006$87.163.12%
2007$88.471.50%
2008$92.524.58%
2009$91.91-0.66%
2010$92.450.59%
2011$95.253.03%
2012$97.252.10%
2013$99.011.81%
2014$100.191.19%
2015$99.69-0.50%
2016$101.081.40%
2017$103.662.55%
2018$106.712.94%
2019$108.952.10%
2020$109.630.62%
2021$115.155.03%
2022$125.318.83%
2023$131.915.27%
2024$136.213.26%*

* 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 1975 * 1975 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 50.150 in the year 1975 and 296.987 in 2024:

296.987 / 50.150 * $23 = $136.21

Therefore, according to U.S. Bureau of Labor Statistics, $23 in 1975 has the same "purchasing power" as $136.21 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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