Dallas, Texas prices: $15,000 in 1968 $134,383.26 in 2024

Inflation in Texas

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Prices in Dallas, 1968-2024 ($15,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 795.89% higher in 2024 versus 1968 (a $119,383.26 difference in value).

Between 1968 and 2024: Dallas experienced an average inflation rate of 3.99% per year. This rate of change indicates significant inflation. In other words, $15,000 in Dallas in the year 1968 would cost $134,383.26 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 1968: Pricing changed by 4.14%, which is above the average yearly change in Dallas during the 1968-2024 time period. Compared to inflation for all items in 1968 (4.27%), inflation in Dallas was lower.

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
Educational books and supplies · Wireless telephone services · Bananas · Milk · More

Buying power of $15,000.00 since 1968

Below are calculations of equivalent buying power in Dallas, over time, for $15,000 beginning in 1968. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1968$15,000.004.14%
1969$15,946.466.31%
1970$16,938.166.22%
1971$17,458.523.07%
1972$17,967.572.92%
1973$18,898.945.18%
1974$20,773.009.92%
1975$22,692.319.24%
1976$24,076.176.10%
1977$25,848.427.36%
1978$27,869.537.82%
1979$31,331.0712.42%
1980$36,640.2716.95%
1981$40,942.6811.74%
1982$43,416.296.04%
1983$45,003.773.66%
1984$47,119.164.70%
1985$48,883.863.75%
1986$49,739.821.75%
1987$50,980.392.49%
1988$52,462.292.91%
1989$54,030.922.99%
1990$56,474.364.52%
1991$59,117.654.68%
1992$60,550.532.42%
1993$62,066.372.50%
1994$63,819.762.83%
1995$65,482.652.61%
1996$67,273.762.74%
1997$68,472.851.78%
1998$69,441.931.42%
1999$71,402.712.82%
2000$74,404.224.20%
2001$77,028.663.53%
2002$78,076.921.36%
2003$79,720.972.11%
2004$80,784.311.33%
2005$83,393.673.23%
2006$85,995.483.12%
2007$87,286.801.50%
2008$91,280.474.58%
2009$90,678.43-0.66%
2010$91,212.140.59%
2011$93,974.363.03%
2012$95,946.302.10%
2013$97,686.881.81%
2014$98,846.681.19%
2015$98,352.71-0.50%
2016$99,732.051.40%
2017$102,273.682.55%
2018$105,283.412.94%
2019$107,493.892.10%
2020$108,160.410.62%
2021$113,604.755.03%
2022$123,630.778.83%
2023$130,144.045.27%
2024$134,383.263.26%*

* 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 1968 * 1968 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 33.150 in the year 1968 and 296.987 in 2024:

296.987 / 33.150 * $15,000 = $134,383.26

Therefore, according to U.S. Bureau of Labor Statistics, $15,000 in 1968 has the same "purchasing power" as $134,383.26 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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