Dallas, Texas prices: $34,000,000 in 1985 $93,467,059.55 in 2024

Inflation in Texas

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Prices in Dallas, 1985-2024 ($34,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $59,467,059.55 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, $34,000,000 in Dallas in the year 1985 would cost $93,467,059.55 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 $34,000,000.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $34,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$34,000,000.003.75%
1986$34,595,340.941.75%
1987$35,458,191.922.49%
1988$36,488,892.322.91%
1989$37,579,913.612.99%
1990$39,279,389.084.52%
1991$41,117,864.864.68%
1992$42,114,470.842.42%
1993$43,168,775.072.50%
1994$44,388,306.082.83%
1995$45,544,893.552.61%
1996$46,790,651.032.74%
1997$47,624,652.881.78%
1998$48,298,673.251.42%
1999$49,662,449.862.82%
2000$51,750,077.144.20%
2001$53,575,439.683.53%
2002$54,304,535.641.36%
2003$55,448,009.872.11%
2004$56,187,596.421.33%
2005$58,002,468.373.23%
2006$59,812,095.033.12%
2007$60,710,246.841.50%
2008$63,487,945.084.58%
2009$63,069,213.21-0.66%
2010$63,440,422.710.59%
2011$65,361,616.783.03%
2012$66,733,156.432.10%
2013$67,943,770.441.81%
2014$68,750,444.311.19%
2015$68,406,877.51-0.50%
2016$69,366,241.901.40%
2017$71,134,011.112.55%
2018$73,227,355.752.94%
2019$74,764,804.072.10%
2020$75,228,383.220.62%
2021$79,015,066.345.03%
2022$85,988,423.338.83%
2023$90,518,574.515.27%
2024$93,467,059.553.26%*

* 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 * $34,000,000 = $93,467,059.55

Therefore, according to U.S. Bureau of Labor Statistics, $34,000,000 in 1985 has the same "purchasing power" as $93,467,059.55 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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