Dallas, Texas prices: $15,000 in 1967 $139,941.52 in 2024

Inflation in Texas

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Prices in Dallas, 1967-2024 ($15,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 832.94% higher in 2024 versus 1967 (a $124,941.52 difference in value).

Between 1967 and 2024: Dallas experienced an average inflation rate of 4% per year. This rate of change indicates significant inflation. In other words, $15,000 in Dallas in the year 1967 would cost $139,941.52 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.99% during this same period, inflation in Dallas was higher.

In the year 1967: Pricing changed by 3.08%, which is below the average yearly change in Dallas during the 1967-2024 time period. Compared to inflation for all items in 1967 (2.80%), 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 $15,000.00 since 1967

Below are calculations of equivalent buying power in Dallas, over time, for $15,000 beginning in 1967. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1967$15,000.003.08%
1968$15,620.424.14%
1969$16,606.026.31%
1970$17,638.746.22%
1971$18,180.633.07%
1972$18,710.732.92%
1973$19,680.635.18%
1974$21,632.209.92%
1975$23,630.899.24%
1976$25,071.996.10%
1977$26,917.547.36%
1978$29,022.257.82%
1979$32,626.9612.42%
1980$38,155.7616.95%
1981$42,636.1311.74%
1982$45,212.046.04%
1983$46,865.183.66%
1984$49,068.064.70%
1985$50,905.763.75%
1986$51,797.121.75%
1987$53,089.012.49%
1988$54,632.202.91%
1989$56,265.712.99%
1990$58,810.214.52%
1991$61,562.834.68%
1992$63,054.972.42%
1993$64,633.512.50%
1994$66,459.422.83%
1995$68,191.102.61%
1996$70,056.282.74%
1997$71,304.971.78%
1998$72,314.141.42%
1999$74,356.022.82%
2000$77,481.684.20%
2001$80,214.663.53%
2002$81,306.281.36%
2003$83,018.322.11%
2004$84,125.651.33%
2005$86,842.933.23%
2006$89,552.363.12%
2007$90,897.091.50%
2008$95,055.944.58%
2009$94,429.01-0.66%
2010$94,984.790.59%
2011$97,861.263.03%
2012$99,914.762.10%
2013$101,727.331.81%
2014$102,935.101.19%
2015$102,420.71-0.50%
2016$103,857.091.40%
2017$106,503.852.55%
2018$109,638.062.94%
2019$111,939.972.10%
2020$112,634.060.62%
2021$118,303.595.03%
2022$128,744.298.83%
2023$135,526.965.27%
2024$139,941.523.26%*

* 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 1967 * 1967 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 31.833 in the year 1967 and 296.987 in 2024:

296.987 / 31.833 * $15,000 = $139,941.52

Therefore, according to U.S. Bureau of Labor Statistics, $15,000 in 1967 has the same "purchasing power" as $139,941.52 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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