Dallas, Texas prices: $15,000 in 1974 $97,036.96 in 2024

Inflation in Texas

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Prices in Dallas, 1974-2024 ($15,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 546.91% higher in 2024 versus 1974 (a $82,036.96 difference in value).

Between 1974 and 2024: Dallas experienced an average inflation rate of 3.80% per year. This rate of change indicates significant inflation. In other words, $15,000 in Dallas in the year 1974 would cost $97,036.96 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.75% during this same period, inflation in Dallas was higher.

In the year 1974: Pricing changed by 9.92%, which is significantly above the average yearly change in Dallas during the 1974-2024 time period. Compared to inflation for all items in 1974 (11.05%), 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 1974

Below are calculations of equivalent buying power in Dallas, over time, for $15,000 beginning in 1974. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1974$15,000.009.92%
1975$16,385.919.24%
1976$17,385.196.10%
1977$18,664.917.36%
1978$20,124.347.82%
1979$22,623.8912.42%
1980$26,457.6116.95%
1981$29,564.3511.74%
1982$31,350.526.04%
1983$32,496.823.66%
1984$34,024.324.70%
1985$35,298.603.75%
1986$35,916.681.75%
1987$36,812.492.49%
1988$37,882.562.91%
1989$39,015.252.99%
1990$40,779.634.52%
1991$42,688.334.68%
1992$43,723.002.42%
1993$44,817.572.50%
1994$46,083.682.83%
1995$47,284.442.61%
1996$48,577.782.74%
1997$49,443.641.78%
1998$50,143.401.42%
1999$51,559.272.82%
2000$53,726.634.20%
2001$55,621.713.53%
2002$56,378.651.36%
2003$57,565.802.11%
2004$58,333.641.33%
2005$60,217.833.23%
2006$62,096.573.12%
2007$63,029.031.50%
2008$65,912.824.58%
2009$65,478.09-0.66%
2010$65,863.480.59%
2011$67,858.053.03%
2012$69,281.972.10%
2013$70,538.831.81%
2014$71,376.311.19%
2015$71,019.62-0.50%
2016$72,015.631.40%
2017$73,850.922.55%
2018$76,024.212.94%
2019$77,620.382.10%
2020$78,101.670.62%
2021$82,032.985.03%
2022$89,272.688.83%
2023$93,975.865.27%
2024$97,036.963.26%*

* 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 1974 * 1974 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 45.908 in the year 1974 and 296.987 in 2024:

296.987 / 45.908 * $15,000 = $97,036.96

Therefore, according to U.S. Bureau of Labor Statistics, $15,000 in 1974 has the same "purchasing power" as $97,036.96 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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