Dallas, Texas prices: $15 in 1979 $64.34 in 2024

Inflation in Texas

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Prices in Dallas, 1979-2024 ($15)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 328.91% higher in 2024 versus 1979 (a $49.34 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, $15 in Dallas in the year 1979 would cost $64.34 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 $15.00 since 1979

Below are calculations of equivalent buying power in Dallas, over time, for $15 beginning in 1979. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1979$15.0012.42%
1980$17.5416.95%
1981$19.6011.74%
1982$20.796.04%
1983$21.553.66%
1984$22.564.70%
1985$23.403.75%
1986$23.811.75%
1987$24.412.49%
1988$25.122.91%
1989$25.872.99%
1990$27.044.52%
1991$28.304.68%
1992$28.992.42%
1993$29.712.50%
1994$30.552.83%
1995$31.352.61%
1996$32.212.74%
1997$32.781.78%
1998$33.251.42%
1999$34.182.82%
2000$35.624.20%
2001$36.883.53%
2002$37.381.36%
2003$38.172.11%
2004$38.681.33%
2005$39.933.23%
2006$41.173.12%
2007$41.791.50%
2008$43.704.58%
2009$43.41-0.66%
2010$43.670.59%
2011$44.993.03%
2012$45.942.10%
2013$46.771.81%
2014$47.321.19%
2015$47.09-0.50%
2016$47.751.40%
2017$48.962.55%
2018$50.412.94%
2019$51.462.10%
2020$51.780.62%
2021$54.395.03%
2022$59.198.83%
2023$62.315.27%
2024$64.343.26%*

* 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 * $15 = $64.34

Therefore, according to U.S. Bureau of Labor Statistics, $15 in 1979 has the same "purchasing power" as $64.34 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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