Dallas, Texas prices: $1,431,000 in 1985 $3,933,863.59 in 2024

Inflation in Texas

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Prices in Dallas, 1985-2024 ($1,431,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $2,502,863.59 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, $1,431,000 in Dallas in the year 1985 would cost $3,933,863.59 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
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Buying power of $1,431,000.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $1,431,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$1,431,000.003.75%
1986$1,456,056.851.75%
1987$1,492,372.722.49%
1988$1,535,753.092.91%
1989$1,581,672.252.99%
1990$1,653,200.174.52%
1991$1,730,578.374.68%
1992$1,772,523.762.42%
1993$1,816,897.562.50%
1994$1,868,225.472.83%
1995$1,916,904.202.61%
1996$1,969,335.932.74%
1997$2,004,437.601.78%
1998$2,032,805.921.42%
1999$2,090,204.882.82%
2000$2,178,069.424.20%
2001$2,254,895.713.53%
2002$2,285,582.071.36%
2003$2,333,708.892.11%
2004$2,364,836.781.33%
2005$2,441,221.543.23%
2006$2,517,385.533.12%
2007$2,555,187.151.50%
2008$2,672,095.574.58%
2009$2,654,471.89-0.66%
2010$2,670,095.440.59%
2011$2,750,955.113.03%
2012$2,808,680.792.10%
2013$2,859,633.401.81%
2014$2,893,584.881.19%
2015$2,879,124.76-0.50%
2016$2,919,502.711.40%
2017$2,993,905.002.55%
2018$3,082,010.182.94%
2019$3,146,718.672.10%
2020$3,166,229.890.62%
2021$3,325,604.705.03%
2022$3,619,100.998.83%
2023$3,809,767.065.27%
2024$3,933,863.593.26%*

* 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 * $1,431,000 = $3,933,863.59

Therefore, according to U.S. Bureau of Labor Statistics, $1,431,000 in 1985 has the same "purchasing power" as $3,933,863.59 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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