Dallas, Texas prices: $15,000 in 1970 $119,006.37 in 2024

Inflation in Texas

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Prices in Dallas, 1970-2024 ($15,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 693.38% higher in 2024 versus 1970 (a $104,006.37 difference in value).

Between 1970 and 2024: Dallas experienced an average inflation rate of 3.91% per year. This rate of change indicates significant inflation. In other words, $15,000 in Dallas in the year 1970 would cost $119,006.37 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.92% during this same period, inflation in Dallas was lower.

In the year 1970: Pricing changed by 6.22%, which is above the average yearly change in Dallas during the 1970-2024 time period. Compared to inflation for all items in 1970 (5.83%), 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 1970

Below are calculations of equivalent buying power in Dallas, over time, for $15,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1970$15,000.006.22%
1971$15,460.823.07%
1972$15,911.622.92%
1973$16,736.425.18%
1974$18,396.049.92%
1975$20,095.739.24%
1976$21,321.246.10%
1977$22,890.697.36%
1978$24,680.547.82%
1979$27,745.9912.42%
1980$32,447.6816.95%
1981$36,257.7911.74%
1982$38,448.356.04%
1983$39,854.193.66%
1984$41,727.524.70%
1985$43,290.293.75%
1986$44,048.311.75%
1987$45,146.932.49%
1988$46,459.262.91%
1989$47,848.402.99%
1990$50,012.244.52%
1991$52,353.074.68%
1992$53,621.992.42%
1993$54,964.382.50%
1994$56,517.142.83%
1995$57,989.762.61%
1996$59,575.912.74%
1997$60,637.801.78%
1998$61,495.991.42%
1999$63,232.412.82%
2000$65,890.474.20%
2001$68,214.603.53%
2002$69,142.921.36%
2003$70,598.842.11%
2004$71,540.521.33%
2005$73,851.293.23%
2006$76,155.393.12%
2007$77,298.951.50%
2008$80,835.644.58%
2009$80,302.49-0.66%
2010$80,775.130.59%
2011$83,221.283.03%
2012$84,967.592.10%
2013$86,508.991.81%
2014$87,536.091.19%
2015$87,098.64-0.50%
2016$88,320.151.40%
2017$90,570.952.55%
2018$93,236.292.94%
2019$95,193.832.10%
2020$95,784.080.62%
2021$100,605.455.03%
2022$109,484.248.83%
2023$115,252.235.27%
2024$119,006.373.26%*

* 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 1970 * 1970 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 37.433 in the year 1970 and 296.987 in 2024:

296.987 / 37.433 * $15,000 = $119,006.37

Therefore, according to U.S. Bureau of Labor Statistics, $15,000 in 1970 has the same "purchasing power" as $119,006.37 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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