Dallas, Texas prices: $500 in 1977 $2,599.45 in 2024

Inflation in Texas

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Prices in Dallas, 1977-2024 ($500)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 419.89% higher in 2024 versus 1977 (a $2,099.45 difference in value).

Between 1977 and 2024: Dallas experienced an average inflation rate of 3.57% per year. This rate of change indicates significant inflation. In other words, $500 in Dallas in the year 1977 would cost $2,599.45 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.54% during this same period, inflation in Dallas was higher.

In the year 1977: Pricing changed by 7.36%, which is significantly above the average yearly change in Dallas during the 1977-2024 time period. Compared to inflation for all items in 1977 (6.50%), 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 $500.00 since 1977

Below are calculations of equivalent buying power in Dallas, over time, for $500 beginning in 1977. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1977$500.007.36%
1978$539.107.82%
1979$606.0512.42%
1980$708.7516.95%
1981$791.9811.74%
1982$839.826.04%
1983$870.533.66%
1984$911.454.70%
1985$945.593.75%
1986$962.141.75%
1987$986.142.49%
1988$1,014.812.91%
1989$1,045.152.99%
1990$1,092.414.52%
1991$1,143.544.68%
1992$1,171.262.42%
1993$1,200.582.50%
1994$1,234.502.83%
1995$1,266.672.61%
1996$1,301.312.74%
1997$1,324.511.78%
1998$1,343.251.42%
1999$1,381.182.82%
2000$1,439.244.20%
2001$1,490.013.53%
2002$1,510.281.36%
2003$1,542.092.11%
2004$1,562.651.33%
2005$1,613.133.23%
2006$1,663.463.12%
2007$1,688.441.50%
2008$1,765.694.58%
2009$1,754.04-0.66%
2010$1,764.370.59%
2011$1,817.803.03%
2012$1,855.942.10%
2013$1,889.611.81%
2014$1,912.051.19%
2015$1,902.49-0.50%
2016$1,929.171.40%
2017$1,978.342.55%
2018$2,036.552.94%
2019$2,079.312.10%
2020$2,092.210.62%
2021$2,197.525.03%
2022$2,391.468.83%
2023$2,517.455.27%
2024$2,599.453.26%*

* 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 1977 * 1977 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 57.125 in the year 1977 and 296.987 in 2024:

296.987 / 57.125 * $500 = $2,599.45

Therefore, according to U.S. Bureau of Labor Statistics, $500 in 1977 has the same "purchasing power" as $2,599.45 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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