Dallas, Texas prices: $8.95 in 1980 $32.83 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($8.95)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $23.88 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, $8.95 in Dallas in the year 1980 would cost $32.83 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.06% 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%).

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Buying power of $8.95 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $8.95 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$8.9516.95%
1981$10.0011.74%
1982$10.616.04%
1983$10.993.66%
1984$11.514.70%
1985$11.943.75%
1986$12.151.75%
1987$12.452.49%
1988$12.812.91%
1989$13.202.99%
1990$13.794.52%
1991$14.444.68%
1992$14.792.42%
1993$15.162.50%
1994$15.592.83%
1995$16.002.61%
1996$16.432.74%
1997$16.731.78%
1998$16.961.42%
1999$17.442.82%
2000$18.174.20%
2001$18.823.53%
2002$19.071.36%
2003$19.472.11%
2004$19.731.33%
2005$20.373.23%
2006$21.013.12%
2007$21.321.50%
2008$22.304.58%
2009$22.15-0.66%
2010$22.280.59%
2011$22.953.03%
2012$23.442.10%
2013$23.861.81%
2014$24.141.19%
2015$24.02-0.50%
2016$24.361.40%
2017$24.982.55%
2018$25.722.94%
2019$26.262.10%
2020$26.420.62%
2021$27.755.03%
2022$30.208.83%
2023$31.795.27%
2024$32.833.26%*

* 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 * $8.95 = $32.83

Therefore, according to U.S. Bureau of Labor Statistics, $8.95 in 1980 has the same "purchasing power" as $32.83 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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