Dallas, Texas prices: $1,200,000 in 1985 $3,298,837.40 in 2024

Inflation in Texas

$

Prices in Dallas, 1985-2024 ($1,200,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $2,098,837.40 difference in value).

Between 1985 and 2024: Dallas experienced an average inflation rate of 2.63% per year. This rate of change indicates significant inflation. In other words, $1,200,000 in Dallas in the year 1985 would cost $3,298,837.40 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.75% during this same period, inflation in Dallas was lower.

In the year 1985: Pricing changed by 3.75%, which is above the average yearly change in Dallas during the 1985-2024 time period. Compared to inflation for all items in 1985 (3.55%), 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
Bananas · Tampa, Florida · Chicago, Illinois · Houston, Texas · More

Buying power of $1,200,000.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $1,200,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$1,200,000.003.75%
1986$1,221,012.031.75%
1987$1,251,465.602.49%
1988$1,287,843.262.91%
1989$1,326,349.892.99%
1990$1,386,331.384.52%
1991$1,451,218.764.68%
1992$1,486,393.092.42%
1993$1,523,603.832.50%
1994$1,566,646.102.83%
1995$1,607,466.832.61%
1996$1,651,434.742.74%
1997$1,680,870.101.78%
1998$1,704,659.061.42%
1999$1,752,792.352.82%
2000$1,826,473.314.20%
2001$1,890,897.873.53%
2002$1,916,630.671.36%
2003$1,956,988.582.11%
2004$1,983,091.641.33%
2005$2,047,145.943.23%
2006$2,111,015.123.12%
2007$2,142,714.591.50%
2008$2,240,751.004.58%
2009$2,225,972.23-0.66%
2010$2,239,073.740.59%
2011$2,306,880.593.03%
2012$2,355,287.872.10%
2013$2,398,015.431.81%
2014$2,426,486.271.19%
2015$2,414,360.38-0.50%
2016$2,448,220.301.40%
2017$2,510,612.162.55%
2018$2,584,494.912.94%
2019$2,638,757.792.10%
2020$2,655,119.410.62%
2021$2,788,767.055.03%
2022$3,034,885.538.83%
2023$3,194,773.225.27%
2024$3,298,837.403.26%*

* 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 1985 * 1985 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 108.033 in the year 1985 and 296.987 in 2024:

296.987 / 108.033 * $1,200,000 = $3,298,837.40

Therefore, according to U.S. Bureau of Labor Statistics, $1,200,000 in 1985 has the same "purchasing power" as $3,298,837.40 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.