Dallas, Texas prices: $15,000 in 1987 $39,539.69 in 2024

Inflation in Texas

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Prices in Dallas, 1987-2024 ($15,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 163.60% higher in 2024 versus 1987 (a $24,539.69 difference in value).

Between 1987 and 2024: Dallas experienced an average inflation rate of 2.65% per year. This rate of change indicates significant inflation. In other words, $15,000 in Dallas in the year 1987 would cost $39,539.69 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.75% during this same period, inflation in Dallas was lower.

In the year 1987: Pricing changed by 2.49%, which is below the average yearly change in Dallas during the 1987-2024 time period. Compared to inflation for all items in 1987 (3.66%), 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 1987

Below are calculations of equivalent buying power in Dallas, over time, for $15,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$15,000.002.49%
1988$15,436.022.91%
1989$15,897.562.99%
1990$16,616.494.52%
1991$17,394.234.68%
1992$17,815.832.42%
1993$18,261.832.50%
1994$18,777.742.83%
1995$19,267.012.61%
1996$19,794.012.74%
1997$20,146.821.78%
1998$20,431.951.42%
1999$21,008.882.82%
2000$21,892.014.20%
2001$22,664.203.53%
2002$22,972.631.36%
2003$23,456.362.11%
2004$23,769.231.33%
2005$24,536.983.23%
2006$25,302.513.12%
2007$25,682.461.50%
2008$26,857.524.58%
2009$26,680.38-0.66%
2010$26,837.420.59%
2011$27,650.153.03%
2012$28,230.362.10%
2013$28,742.491.81%
2014$29,083.741.19%
2015$28,938.39-0.50%
2016$29,344.241.40%
2017$30,092.062.55%
2018$30,977.622.94%
2019$31,628.012.10%
2020$31,824.120.62%
2021$33,426.015.03%
2022$36,375.988.83%
2023$38,292.385.27%
2024$39,539.693.26%*

* 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 1987 * 1987 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 112.667 in the year 1987 and 296.987 in 2024:

296.987 / 112.667 * $15,000 = $39,539.69

Therefore, according to U.S. Bureau of Labor Statistics, $15,000 in 1987 has the same "purchasing power" as $39,539.69 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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