Dallas, Texas prices: $34,000,000 in 1980 $124,699,697.44 in 2024

Inflation in Texas

$

Prices in Dallas, 1980-2024 ($34,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $90,699,697.44 difference in value).

Between 1980 and 2024: Dallas experienced an average inflation rate of 3% per year. This rate of change indicates significant inflation. In other words, $34,000,000 in Dallas in the year 1980 would cost $124,699,697.44 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.07% during this same period, inflation in Dallas was lower.

In the year 1980: Pricing changed by 16.95%, which is significantly above the average yearly change in Dallas during the 1980-2024 time period. Compared to inflation for all items in 1980 (13.55%), inflation in Dallas was much 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
Rent of primary residence · Televisions · Medical care · Wine at home · More

Buying power of $34,000,000.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $34,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$34,000,000.0016.95%
1981$37,992,384.4811.74%
1982$40,287,743.136.04%
1983$41,760,831.533.66%
1984$43,723,783.064.70%
1985$45,361,325.513.75%
1986$46,155,603.581.75%
1987$47,306,781.932.49%
1988$48,681,897.712.91%
1989$50,137,491.002.99%
1990$52,404,857.474.52%
1991$54,857,672.124.68%
1992$56,187,300.612.42%
1993$57,593,907.582.50%
1994$59,220,952.972.83%
1995$60,764,021.822.61%
1996$62,426,057.432.74%
1997$63,538,746.531.78%
1998$64,437,995.271.42%
1999$66,257,486.882.82%
2000$69,042,708.654.20%
2001$71,478,028.203.53%
2002$72,450,756.411.36%
2003$73,976,330.142.11%
2004$74,963,054.441.33%
2005$77,384,377.893.23%
2006$79,798,703.303.12%
2007$80,996,978.491.50%
2008$84,702,863.024.58%
2009$84,144,209.12-0.66%
2010$84,639,460.740.59%
2011$87,202,634.563.03%
2012$89,032,483.282.10%
2013$90,647,631.991.81%
2014$91,723,861.271.19%
2015$91,265,489.35-0.50%
2016$92,545,431.721.40%
2017$94,903,912.732.55%
2018$97,696,762.382.94%
2019$99,747,959.252.10%
2020$100,366,446.430.62%
2021$105,418,474.845.03%
2022$114,722,025.328.83%
2023$120,765,956.575.27%
2024$124,699,697.443.26%*

* 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 1980 * 1980 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 80.975 in the year 1980 and 296.987 in 2024:

296.987 / 80.975 * $34,000,000 = $124,699,697.44

Therefore, according to U.S. Bureau of Labor Statistics, $34,000,000 in 1980 has the same "purchasing power" as $124,699,697.44 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.

» Read more about inflation and investment.