Dallas, Texas prices: $9,000,000 in 1980 $33,008,743.44 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($9,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $24,008,743.44 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, $9,000,000 in Dallas in the year 1980 would cost $33,008,743.44 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%).

View price changes for other categories
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Buying power of $9,000,000.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $9,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$9,000,000.0016.95%
1981$10,056,807.6611.74%
1982$10,664,402.596.04%
1983$11,054,337.763.66%
1984$11,573,942.574.70%
1985$12,007,409.693.75%
1986$12,217,659.771.75%
1987$12,522,383.452.49%
1988$12,886,384.692.91%
1989$13,271,688.792.99%
1990$13,871,874.044.52%
1991$14,521,148.504.68%
1992$14,873,108.982.42%
1993$15,245,446.132.50%
1994$15,676,134.612.83%
1995$16,084,594.012.61%
1996$16,524,544.612.74%
1997$16,819,079.961.78%
1998$17,057,116.391.42%
1999$17,538,746.532.82%
2000$18,276,011.114.20%
2001$18,920,654.523.53%
2002$19,178,141.401.36%
2003$19,581,969.742.11%
2004$19,843,161.471.33%
2005$20,484,100.033.23%
2006$21,123,186.173.12%
2007$21,440,376.661.50%
2008$22,421,346.094.58%
2009$22,273,467.12-0.66%
2010$22,404,563.140.59%
2011$23,083,050.323.03%
2012$23,567,422.042.10%
2013$23,994,961.411.81%
2014$24,279,845.631.19%
2015$24,158,511.89-0.50%
2016$24,497,320.161.40%
2017$25,121,623.962.55%
2018$25,860,907.692.94%
2019$26,403,871.572.10%
2020$26,567,588.760.62%
2021$27,904,890.405.03%
2022$30,367,594.948.83%
2023$31,967,459.095.27%
2024$33,008,743.443.26%*

* 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 * $9,000,000 = $33,008,743.44

Therefore, according to U.S. Bureau of Labor Statistics, $9,000,000 in 1980 has the same "purchasing power" as $33,008,743.44 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.

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