Dallas, Texas prices: $12,000 in 1979 $51,469.64 in 2024

Inflation in Texas

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Prices in Dallas, 1979-2024 ($12,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 328.91% higher in 2024 versus 1979 (a $39,469.64 difference in value).

Between 1979 and 2024: Dallas experienced an average inflation rate of 3.29% per year. This rate of change indicates significant inflation. In other words, $12,000 in Dallas in the year 1979 would cost $51,469.64 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.28% during this same period, inflation in Dallas was higher.

In the year 1979: Pricing changed by 12.42%, which is significantly above the average yearly change in Dallas during the 1979-2024 time period. Compared to inflation for all items in 1979 (11.26%), 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 $12,000.00 since 1979

Below are calculations of equivalent buying power in Dallas, over time, for $12,000 beginning in 1979. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1979$12,000.0012.42%
1980$14,033.4616.95%
1981$15,681.3111.74%
1982$16,628.726.04%
1983$17,236.733.66%
1984$18,046.944.70%
1985$18,722.833.75%
1986$19,050.671.75%
1987$19,525.822.49%
1988$20,093.392.91%
1989$20,694.192.99%
1990$21,630.044.52%
1991$22,642.444.68%
1992$23,191.242.42%
1993$23,771.812.50%
1994$24,443.372.83%
1995$25,080.272.61%
1996$25,766.282.74%
1997$26,225.541.78%
1998$26,596.701.42%
1999$27,347.702.82%
2000$28,497.294.20%
2001$29,502.473.53%
2002$29,903.961.36%
2003$30,533.642.11%
2004$30,940.911.33%
2005$31,940.313.23%
2006$32,936.823.12%
2007$33,431.401.50%
2008$34,961.004.58%
2009$34,730.42-0.66%
2010$34,934.830.59%
2011$35,992.783.03%
2012$36,748.052.10%
2013$37,414.701.81%
2014$37,858.911.19%
2015$37,669.72-0.50%
2016$38,198.011.40%
2017$39,171.472.55%
2018$40,324.222.94%
2019$41,170.852.10%
2020$41,426.130.62%
2021$43,511.345.03%
2022$47,351.378.83%
2023$49,846.005.27%
2024$51,469.643.26%*

* 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 1979 * 1979 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 69.242 in the year 1979 and 296.987 in 2024:

296.987 / 69.242 * $12,000 = $51,469.64

Therefore, according to U.S. Bureau of Labor Statistics, $12,000 in 1979 has the same "purchasing power" as $51,469.64 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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