Dallas, Texas prices: $15,000 in 1978 $72,328.05 in 2024

Inflation in Texas

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Prices in Dallas, 1978-2024 ($15,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 382.19% higher in 2024 versus 1978 (a $57,328.05 difference in value).

Between 1978 and 2024: Dallas experienced an average inflation rate of 3.48% per year. This rate of change indicates significant inflation. In other words, $15,000 in Dallas in the year 1978 would cost $72,328.05 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.45% during this same period, inflation in Dallas was higher.

In the year 1978: Pricing changed by 7.82%, which is significantly above the average yearly change in Dallas during the 1978-2024 time period. Compared to inflation for all items in 1978 (7.63%), 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 1978

Below are calculations of equivalent buying power in Dallas, over time, for $15,000 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$15,000.007.82%
1979$16,863.0812.42%
1980$19,720.6116.95%
1981$22,036.2611.74%
1982$23,367.616.04%
1983$24,222.033.66%
1984$25,360.574.70%
1985$26,310.383.75%
1986$26,771.071.75%
1987$27,438.782.49%
1988$28,236.372.91%
1989$29,080.642.99%
1990$30,395.754.52%
1991$31,818.434.68%
1992$32,589.642.42%
1993$33,405.492.50%
1994$34,349.212.83%
1995$35,244.222.61%
1996$36,208.232.74%
1997$36,853.611.78%
1998$37,375.191.42%
1999$38,430.522.82%
2000$40,046.004.20%
2001$41,458.533.53%
2002$42,022.731.36%
2003$42,907.592.11%
2004$43,479.911.33%
2005$44,884.323.23%
2006$46,284.673.12%
2007$46,979.691.50%
2008$49,129.174.58%
2009$48,805.14-0.66%
2010$49,092.400.59%
2011$50,579.083.03%
2012$51,640.432.10%
2013$52,577.241.81%
2014$53,201.471.19%
2015$52,935.61-0.50%
2016$53,678.001.40%
2017$55,045.962.55%
2018$56,665.862.94%
2019$57,855.592.10%
2020$58,214.330.62%
2021$61,144.595.03%
2022$66,540.828.83%
2023$70,046.415.27%
2024$72,328.053.26%*

* 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 1978 * 1978 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 61.592 in the year 1978 and 296.987 in 2024:

296.987 / 61.592 * $15,000 = $72,328.05

Therefore, according to U.S. Bureau of Labor Statistics, $15,000 in 1978 has the same "purchasing power" as $72,328.05 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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