Dallas, Texas prices: $15,000 in 1981 $49,233.43 in 2024

Inflation in Texas

$

Prices in Dallas, 1981-2024 ($15,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 228.22% higher in 2024 versus 1981 (a $34,233.43 difference in value).

Between 1981 and 2024: Dallas experienced an average inflation rate of 2.80% per year. This rate of change indicates significant inflation. In other words, $15,000 in Dallas in the year 1981 would cost $49,233.43 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.90% during this same period, inflation in Dallas was lower.

In the year 1981: Pricing changed by 11.74%, which is significantly above the average yearly change in Dallas during the 1981-2024 time period. Compared to inflation for all items in 1981 (10.33%), 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
Frankfurters · Boston, Massachusetts · Juices and nonalcoholic drinks · Denver, Colorado · More

Buying power of $15,000.00 since 1981

Below are calculations of equivalent buying power in Dallas, over time, for $15,000 beginning in 1981. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1981$15,000.0011.74%
1982$15,906.246.04%
1983$16,487.843.66%
1984$17,262.854.70%
1985$17,909.383.75%
1986$18,222.971.75%
1987$18,677.472.49%
1988$19,220.392.91%
1989$19,795.082.99%
1990$20,690.274.52%
1991$21,658.684.68%
1992$22,183.642.42%
1993$22,738.992.50%
1994$23,381.382.83%
1995$23,990.612.61%
1996$24,646.802.74%
1997$25,086.111.78%
1998$25,441.151.42%
1999$26,159.512.82%
2000$27,259.164.20%
2001$28,220.673.53%
2002$28,604.721.36%
2003$29,207.042.11%
2004$29,596.611.33%
2005$30,552.593.23%
2006$31,505.803.12%
2007$31,978.901.50%
2008$33,442.044.58%
2009$33,221.48-0.66%
2010$33,417.010.59%
2011$34,428.993.03%
2012$35,151.452.10%
2013$35,789.131.81%
2014$36,214.041.19%
2015$36,033.07-0.50%
2016$36,538.411.40%
2017$37,469.582.55%
2018$38,572.242.94%
2019$39,382.092.10%
2020$39,626.280.62%
2021$41,620.905.03%
2022$45,294.098.83%
2023$47,680.335.27%
2024$49,233.433.26%*

* 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 1981 * 1981 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 90.483 in the year 1981 and 296.987 in 2024:

296.987 / 90.483 * $15,000 = $49,233.43

Therefore, according to U.S. Bureau of Labor Statistics, $15,000 in 1981 has the same "purchasing power" as $49,233.43 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.

» Read more about inflation and investment.