Dallas, Texas prices: $32,000,000 in 1985 $87,712,483.80 in 2024

Inflation in Texas

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Prices in Dallas, 1985-2024 ($32,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.10% higher in 2024 versus 1985 (a $55,712,483.80 difference in value).

Between 1985 and 2024: Dallas experienced an average inflation rate of 2.62% per year. This rate of change indicates significant inflation. In other words, $32,000,000 in Dallas in the year 1985 would cost $87,712,483.80 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
Indoor plants and flowers · New trucks · Fresh fruits · Bread · More

Buying power of $32,000,000.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $32,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$32,000,000.003.75%
1986$32,560,320.891.75%
1987$33,372,415.922.49%
1988$34,342,486.892.91%
1989$35,369,330.452.99%
1990$36,968,836.784.52%
1991$38,699,166.924.68%
1992$39,637,149.032.42%
1993$40,629,435.362.50%
1994$41,777,229.252.83%
1995$42,865,782.172.61%
1996$44,038,259.802.74%
1997$44,823,202.721.78%
1998$45,457,574.821.42%
1999$46,741,129.282.82%
2000$48,705,954.954.20%
2001$50,423,943.233.53%
2002$51,110,151.191.36%
2003$52,186,362.232.11%
2004$52,882,443.691.33%
2005$54,590,558.473.23%
2006$56,293,736.503.12%
2007$57,139,055.851.50%
2008$59,753,360.074.58%
2009$59,359,259.49-0.66%
2010$59,708,633.140.59%
2011$61,516,815.803.03%
2012$62,807,676.642.10%
2013$63,947,078.061.81%
2014$64,706,300.521.19%
2015$64,382,943.54-0.50%
2016$65,285,874.731.40%
2017$66,949,657.512.55%
2018$68,919,864.242.94%
2019$70,366,874.422.10%
2020$70,803,184.200.62%
2021$74,367,121.265.03%
2022$80,930,280.788.83%
2023$85,193,952.485.27%
2024$87,712,483.802.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

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 296.121 in 2024:

296.121 / 108.033 * $32,000,000 = $87,712,483.80

Therefore, according to U.S. Bureau of Labor Statistics, $32,000,000 in 1985 has the same "purchasing power" as $87,712,483.80 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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