Dallas, Texas prices: $15,000 in 1973 $106,348.32 in 2024

Inflation in Texas

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Prices in Dallas, 1973-2024 ($15,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 608.99% higher in 2024 versus 1973 (a $91,348.32 difference in value).

Between 1973 and 2024: Dallas experienced an average inflation rate of 3.92% per year. This rate of change indicates significant inflation. In other words, $15,000 in Dallas in the year 1973 would cost $106,348.32 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.88% during this same period, inflation in Dallas was higher.

In the year 1973: Pricing changed by 5.18%, which is above the average yearly change in Dallas during the 1973-2024 time period. Compared to inflation for all items in 1973 (6.18%), 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
Housing · Public transportation · Detroit, Michigan · Wine at home · More

Buying power of $15,000.00 since 1973

Below are calculations of equivalent buying power in Dallas, over time, for $15,000 beginning in 1973. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1973$15,000.005.18%
1974$16,487.439.92%
1975$18,010.779.24%
1976$19,109.146.10%
1977$20,515.767.36%
1978$22,119.917.82%
1979$24,867.3212.42%
1980$29,081.2116.95%
1981$32,496.0111.74%
1982$34,459.306.04%
1983$35,719.273.66%
1984$37,398.244.70%
1985$38,798.883.75%
1986$39,478.251.75%
1987$40,462.892.49%
1988$41,639.072.91%
1989$42,884.082.99%
1990$44,823.424.52%
1991$46,921.394.68%
1992$48,058.662.42%
1993$49,261.772.50%
1994$50,653.432.83%
1995$51,973.262.61%
1996$53,394.852.74%
1997$54,346.571.78%
1998$55,115.721.42%
1999$56,671.992.82%
2000$59,054.274.20%
2001$61,137.273.53%
2002$61,969.271.36%
2003$63,274.142.11%
2004$64,118.121.33%
2005$66,189.153.23%
2006$68,254.193.12%
2007$69,279.111.50%
2008$72,448.864.58%
2009$71,971.03-0.66%
2010$72,394.630.59%
2011$74,586.993.03%
2012$76,152.112.10%
2013$77,533.601.81%
2014$78,454.131.19%
2015$78,062.07-0.50%
2016$79,156.841.40%
2017$81,174.122.55%
2018$83,562.932.94%
2019$85,317.382.10%
2020$85,846.390.62%
2021$90,167.545.03%
2022$98,125.148.83%
2023$103,294.695.27%
2024$106,348.322.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1973 * 1973 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 41.767 in the year 1973 and 296.121 in 2024:

296.121 / 41.767 * $15,000 = $106,348.32

Therefore, according to U.S. Bureau of Labor Statistics, $15,000 in 1973 has the same "purchasing power" as $106,348.32 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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