Dallas, Texas prices: $15,000 in 1966 $144,246.25 in 2024

Inflation in Texas

$

Prices in Dallas, 1966-2024 ($15,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 861.64% higher in 2024 versus 1966 (a $129,246.25 difference in value).

Between 1966 and 2024: Dallas experienced an average inflation rate of 3.98% per year. This rate of change indicates significant inflation. In other words, $15,000 in Dallas in the year 1966 would cost $144,246.25 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.97% during this same period, inflation in Dallas was higher.

In the year 1966: Pricing changed by 3.46%, which is below the average yearly change in Dallas during the 1966-2024 time period. Compared to inflation for all items in 1966 (3%), 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
Atlanta, Georgia · Philadelphia, Pennsylvania · Alcoholic beverages · Frankfurters · More

Buying power of $15,000.00 since 1966

Below are calculations of equivalent buying power in Dallas, over time, for $15,000 beginning in 1966. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1966$15,000.003.46%
1967$15,461.413.08%
1968$16,100.924.14%
1969$17,116.846.31%
1970$18,181.336.22%
1971$18,739.883.07%
1972$19,286.292.92%
1973$20,286.025.18%
1974$22,297.639.92%
1975$24,357.809.24%
1976$25,843.236.10%
1977$27,745.557.36%
1978$29,915.007.82%
1979$33,630.6012.42%
1980$39,329.4716.95%
1981$43,947.6511.74%
1982$46,602.816.04%
1983$48,306.803.66%
1984$50,577.444.70%
1985$52,471.673.75%
1986$53,390.451.75%
1987$54,722.072.49%
1988$56,312.742.91%
1989$57,996.492.99%
1990$60,619.274.52%
1991$63,456.564.68%
1992$64,994.602.42%
1993$66,621.692.50%
1994$68,503.782.83%
1995$70,288.722.61%
1996$72,211.282.74%
1997$73,498.381.78%
1998$74,538.591.42%
1999$76,643.282.82%
2000$79,865.084.20%
2001$82,682.143.53%
2002$83,807.341.36%
2003$85,572.052.11%
2004$86,713.441.33%
2005$89,514.303.23%
2006$92,307.073.12%
2007$93,693.171.50%
2008$97,979.954.58%
2009$97,333.73-0.66%
2010$97,906.610.59%
2011$100,871.563.03%
2012$102,988.242.10%
2013$104,856.561.81%
2014$106,101.481.19%
2015$105,571.26-0.50%
2016$107,051.831.40%
2017$109,780.012.55%
2018$113,010.632.94%
2019$115,383.352.10%
2020$116,098.790.62%
2021$121,942.715.03%
2022$132,704.598.83%
2023$139,695.905.27%
2024$144,246.253.26%*

* 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 1966 * 1966 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 30.883 in the year 1966 and 296.987 in 2024:

296.987 / 30.883 * $15,000 = $144,246.25

Therefore, according to U.S. Bureau of Labor Statistics, $15,000 in 1966 has the same "purchasing power" as $144,246.25 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.