Dallas, Texas prices: $968,000,000 in 1980 $3,550,273,738.81 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($968,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $2,582,273,738.81 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, $968,000,000 in Dallas in the year 1980 would cost $3,550,273,738.81 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
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Buying power of $968,000,000.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $968,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$968,000,000.0016.95%
1981$1,081,665,534.6311.74%
1982$1,147,015,745.606.04%
1983$1,188,955,438.923.66%
1984$1,244,841,823.614.70%
1985$1,291,463,620.463.75%
1986$1,314,077,184.321.75%
1987$1,346,851,909.032.49%
1988$1,386,002,264.072.91%
1989$1,427,443,861.272.99%
1990$1,491,997,118.454.52%
1991$1,561,830,194.504.68%
1992$1,599,685,499.642.42%
1993$1,639,732,427.702.50%
1994$1,686,055,366.882.83%
1995$1,729,987,444.682.61%
1996$1,777,306,576.102.74%
1997$1,808,985,489.351.78%
1998$1,834,587,629.931.42%
1999$1,886,389,626.432.82%
2000$1,965,686,528.764.20%
2001$2,035,021,508.703.53%
2002$2,062,715,652.981.36%
2003$2,106,149,634.662.11%
2004$2,134,242,255.841.33%
2005$2,203,178,758.883.23%
2006$2,271,916,023.463.12%
2007$2,306,031,622.931.50%
2008$2,411,540,335.494.58%
2009$2,395,635,130.18-0.66%
2010$2,409,735,235.150.59%
2011$2,482,710,301.533.03%
2012$2,534,807,170.942.10%
2013$2,580,791,404.751.81%
2014$2,611,432,285.681.19%
2015$2,598,382,167.34-0.50%
2016$2,634,822,879.491.40%
2017$2,701,970,221.262.55%
2018$2,781,484,293.512.94%
2019$2,839,883,075.022.10%
2020$2,857,491,769.060.62%
2021$3,001,325,989.505.03%
2022$3,266,203,544.308.83%
2023$3,438,277,822.375.27%
2024$3,550,273,738.813.26%*

* 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 * $968,000,000 = $3,550,273,738.81

Therefore, according to U.S. Bureau of Labor Statistics, $968,000,000 in 1980 has the same "purchasing power" as $3,550,273,738.81 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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