Dallas, Texas prices: $15,000 in 1972 $112,188.16 in 2024

Inflation in Texas

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Prices in Dallas, 1972-2024 ($15,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 647.92% higher in 2024 versus 1972 (a $97,188.16 difference in value).

Between 1972 and 2024: Dallas experienced an average inflation rate of 3.95% per year. This rate of change indicates significant inflation. In other words, $15,000 in Dallas in the year 1972 would cost $112,188.16 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.93% during this same period, inflation in Dallas was higher.

In the year 1972: Pricing changed by 2.92%, which is below the average yearly change in Dallas during the 1972-2024 time period. Compared to inflation for all items in 1972 (3.27%), 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
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Buying power of $15,000.00 since 1972

Below are calculations of equivalent buying power in Dallas, over time, for $15,000 beginning in 1972. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1972$15,000.002.92%
1973$15,777.545.18%
1974$17,342.089.92%
1975$18,944.399.24%
1976$20,099.696.10%
1977$21,579.227.36%
1978$23,266.537.82%
1979$26,156.3512.42%
1980$30,588.6716.95%
1981$34,180.4811.74%
1982$36,245.546.04%
1983$37,570.833.66%
1984$39,336.834.70%
1985$40,810.073.75%
1986$41,524.661.75%
1987$42,560.342.49%
1988$43,797.482.91%
1989$45,107.032.99%
1990$47,146.904.52%
1991$49,353.624.68%
1992$50,549.842.42%
1993$51,815.322.50%
1994$53,279.122.83%
1995$54,667.372.61%
1996$56,162.642.74%
1997$57,163.691.78%
1998$57,972.721.42%
1999$59,609.652.82%
2000$62,115.424.20%
2001$64,306.403.53%
2002$65,181.531.36%
2003$66,554.042.11%
2004$67,441.761.33%
2005$69,620.153.23%
2006$71,792.243.12%
2007$72,870.281.50%
2008$76,204.344.58%
2009$75,701.74-0.66%
2010$76,147.300.59%
2011$78,453.313.03%
2012$80,099.562.10%
2013$81,552.651.81%
2014$82,520.901.19%
2015$82,108.52-0.50%
2016$83,260.041.40%
2017$85,381.892.55%
2018$87,894.522.94%
2019$89,739.922.10%
2020$90,296.350.62%
2021$94,841.495.03%
2022$103,211.588.83%
2023$108,649.115.27%
2024$112,188.163.26%*

* 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 1972 * 1972 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 39.708 in the year 1972 and 296.987 in 2024:

296.987 / 39.708 * $15,000 = $112,188.16

Therefore, according to U.S. Bureau of Labor Statistics, $15,000 in 1972 has the same "purchasing power" as $112,188.16 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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