Dallas, Texas prices: $16,000 in 1995 $32,835.14 in 2024

Inflation in Texas

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Prices in Dallas, 1995-2024 ($16,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 105.22% higher in 2024 versus 1995 (a $16,835.14 difference in value).

Between 1995 and 2024: Dallas experienced an average inflation rate of 2.51% per year. This rate of change indicates significant inflation. In other words, $16,000 in Dallas in the year 1995 would cost $32,835.14 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.48% during this same period, inflation in Dallas was higher.

In the year 1995: Pricing changed by 2.61%, which is above the average yearly change in Dallas during the 1995-2024 time period. Compared to inflation for all items in 1995 (2.81%), 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 $16,000.00 since 1995

Below are calculations of equivalent buying power in Dallas, over time, for $16,000 beginning in 1995. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1995$16,000.002.61%
1996$16,437.642.74%
1997$16,730.621.78%
1998$16,967.411.42%
1999$17,446.502.82%
2000$18,179.894.20%
2001$18,821.143.53%
2002$19,077.281.36%
2003$19,478.982.11%
2004$19,738.801.33%
2005$20,376.373.23%
2006$21,012.093.12%
2007$21,327.611.50%
2008$22,303.434.58%
2009$22,156.32-0.66%
2010$22,286.730.59%
2011$22,961.653.03%
2012$23,443.472.10%
2013$23,868.761.81%
2014$24,152.151.19%
2015$24,031.45-0.50%
2016$24,368.481.40%
2017$24,989.502.55%
2018$25,724.902.94%
2019$26,265.012.10%
2020$26,427.860.62%
2021$27,758.135.03%
2022$30,207.888.83%
2023$31,799.335.27%
2024$32,835.143.26%*

* 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 1995 * 1995 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 144.717 in the year 1995 and 296.987 in 2024:

296.987 / 144.717 * $16,000 = $32,835.14

Therefore, according to U.S. Bureau of Labor Statistics, $16,000 in 1995 has the same "purchasing power" as $32,835.14 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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