Dallas, Texas prices: $15,000 in 1977 $77,983.46 in 2024

Inflation in Texas

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Prices in Dallas, 1977-2024 ($15,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 419.89% higher in 2024 versus 1977 (a $62,983.46 difference in value).

Between 1977 and 2024: Dallas experienced an average inflation rate of 3.57% per year. This rate of change indicates significant inflation. In other words, $15,000 in Dallas in the year 1977 would cost $77,983.46 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.54% during this same period, inflation in Dallas was higher.

In the year 1977: Pricing changed by 7.36%, which is significantly above the average yearly change in Dallas during the 1977-2024 time period. Compared to inflation for all items in 1977 (6.50%), 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
Bananas · Dallas-Fort Worth, Texas · Televisions · Women's apparel · More

Buying power of $15,000.00 since 1977

Below are calculations of equivalent buying power in Dallas, over time, for $15,000 beginning in 1977. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1977$15,000.007.36%
1978$16,172.877.82%
1979$18,181.6212.42%
1980$21,262.5816.95%
1981$23,759.3011.74%
1982$25,194.756.04%
1983$26,115.973.66%
1984$27,343.544.70%
1985$28,367.613.75%
1986$28,864.331.75%
1987$29,584.252.49%
1988$30,444.202.91%
1989$31,354.492.99%
1990$32,772.434.52%
1991$34,306.354.68%
1992$35,137.862.42%
1993$36,017.512.50%
1994$37,035.012.83%
1995$38,000.002.61%
1996$39,039.392.74%
1997$39,735.231.78%
1998$40,297.591.42%
1999$41,435.452.82%
2000$43,177.244.20%
2001$44,700.223.53%
2002$45,308.531.36%
2003$46,262.582.11%
2004$46,879.651.33%
2005$48,393.873.23%
2006$49,903.723.12%
2007$50,653.091.50%
2008$52,970.634.58%
2009$52,621.27-0.66%
2010$52,930.980.59%
2011$54,533.923.03%
2012$55,678.252.10%
2013$56,688.321.81%
2014$57,361.361.19%
2015$57,074.70-0.50%
2016$57,875.141.40%
2017$59,350.072.55%
2018$61,096.632.94%
2019$62,379.392.10%
2020$62,766.170.62%
2021$65,925.565.03%
2022$71,743.728.83%
2023$75,523.415.27%
2024$77,983.463.26%*

* 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 1977 * 1977 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 57.125 in the year 1977 and 296.987 in 2024:

296.987 / 57.125 * $15,000 = $77,983.46

Therefore, according to U.S. Bureau of Labor Statistics, $15,000 in 1977 has the same "purchasing power" as $77,983.46 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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