Dallas, Texas prices: $23,805,659 in 1975 $140,976,495.50 in 2024

Inflation in Texas

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Prices in Dallas, 1975-2024 ($23,805,659)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 492.20% higher in 2024 versus 1975 (a $117,170,836.50 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, $23,805,659 in Dallas in the year 1975 would cost $140,976,495.50 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.65% 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 $23,805,659.00 since 1975

Below are calculations of equivalent buying power in Dallas, over time, for $23,805,659 beginning in 1975. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1975$23,805,659.009.24%
1976$25,257,416.546.10%
1977$27,116,615.567.36%
1978$29,236,893.607.82%
1979$32,868,265.3112.42%
1980$38,437,950.9016.95%
1981$42,951,453.2111.74%
1982$45,546,420.366.04%
1983$47,211,788.003.66%
1984$49,430,959.604.70%
1985$51,282,247.143.75%
1986$52,180,200.711.75%
1987$53,481,640.032.49%
1988$55,036,246.872.91%
1989$56,681,835.792.99%
1990$59,245,157.004.52%
1991$62,018,132.574.68%
1992$63,521,314.762.42%
1993$65,111,523.292.50%
1994$66,950,943.602.83%
1995$68,695,426.092.61%
1996$70,574,403.832.74%
1997$71,832,329.971.78%
1998$72,848,955.821.42%
1999$74,905,941.982.82%
2000$78,054,713.094.20%
2001$80,807,909.953.53%
2002$81,907,606.391.36%
2003$83,632,310.172.11%
2004$84,747,829.581.33%
2005$87,485,203.463.23%
2006$90,214,665.863.12%
2007$91,569,349.471.50%
2008$95,758,955.584.58%
2009$95,127,381.72-0.66%
2010$95,687,277.530.59%
2011$98,585,017.213.03%
2012$100,653,712.372.10%
2013$102,479,683.151.81%
2014$103,696,390.461.19%
2015$103,178,188.18-0.50%
2016$104,625,198.831.40%
2017$107,291,527.572.55%
2018$110,448,922.212.94%
2019$112,767,857.642.10%
2020$113,467,074.700.62%
2021$119,178,534.105.03%
2022$129,696,458.128.83%
2023$136,529,291.445.27%
2024$140,976,495.503.26%*

* 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 * $23,805,659 = $140,976,495.50

Therefore, according to U.S. Bureau of Labor Statistics, $23,805,659 in 1975 has the same "purchasing power" as $140,976,495.50 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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