Dallas, Texas prices: $45,000 in 1983 $134,372 in 2024

Inflation in Texas

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Prices in Dallas, 1983-2024 ($45,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 198.60% higher in 2024 versus 1983 (a $89,372 difference in value).

Between 1983 and 2024: Dallas experienced an average inflation rate of 2.70% per year. This rate of change indicates significant inflation. In other words, $45,000 in Dallas in the year 1983 would cost $134,372 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.82% during this same period, inflation in Dallas was lower.

In the year 1983: Pricing changed by 3.66%, which is above the average yearly change in Dallas during the 1983-2024 time period. Compared to inflation for all items in 1983 (3.21%), inflation in Dallas was 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 $45,000.00 since 1983

Below are calculations of equivalent buying power in Dallas, over time, for $45,000 beginning in 1983. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1983$45,000.003.66%
1984$47,115.214.70%
1985$48,879.773.75%
1986$49,735.651.75%
1987$50,976.122.49%
1988$52,457.902.91%
1989$54,026.392.99%
1990$56,469.634.52%
1991$59,112.694.68%
1992$60,545.452.42%
1993$62,061.162.50%
1994$63,814.412.83%
1995$65,477.172.61%
1996$67,268.122.74%
1997$68,467.111.78%
1998$69,436.111.42%
1999$71,396.732.82%
2000$74,397.994.20%
2001$77,022.203.53%
2002$78,070.381.36%
2003$79,714.292.11%
2004$80,777.551.33%
2005$83,386.683.23%
2006$85,988.273.12%
2007$87,279.491.50%
2008$91,272.824.58%
2009$90,670.83-0.66%
2010$91,204.500.59%
2011$93,966.493.03%
2012$95,938.272.10%
2013$97,678.691.81%
2014$98,838.401.19%
2015$98,344.47-0.50%
2016$99,723.701.40%
2017$102,265.112.55%
2018$105,274.592.94%
2019$107,484.882.10%
2020$108,151.340.62%
2021$113,595.235.03%
2022$123,620.418.83%
2023$130,133.145.27%
2024$134,372.003.26%*

* 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 1983 * 1983 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 99.458 in the year 1983 and 296.987 in 2024:

296.987 / 99.458 * $45,000 = $134,372

Therefore, according to U.S. Bureau of Labor Statistics, $45,000 in 1983 has the same "purchasing power" as $134,372 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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