Dallas, Texas prices: $9,000,000 in 1985 $24,741,280.47 in 2024

Inflation in Texas

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Prices in Dallas, 1985-2024 ($9,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $15,741,280.47 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, $9,000,000 in Dallas in the year 1985 would cost $24,741,280.47 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 $9,000,000.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $9,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$9,000,000.003.75%
1986$9,157,590.251.75%
1987$9,385,991.982.49%
1988$9,658,824.442.91%
1989$9,947,624.192.99%
1990$10,397,485.344.52%
1991$10,884,140.704.68%
1992$11,147,948.162.42%
1993$11,427,028.692.50%
1994$11,749,845.732.83%
1995$12,056,001.232.61%
1996$12,385,760.572.74%
1997$12,606,525.761.78%
1998$12,784,942.921.42%
1999$13,145,942.612.82%
2000$13,698,549.834.20%
2001$14,181,734.033.53%
2002$14,374,730.021.36%
2003$14,677,414.382.11%
2004$14,873,187.291.33%
2005$15,353,594.573.23%
2006$15,832,613.393.12%
2007$16,070,359.461.50%
2008$16,805,632.524.58%
2009$16,694,791.73-0.66%
2010$16,793,053.070.59%
2011$17,301,604.443.03%
2012$17,664,659.062.10%
2013$17,985,115.711.81%
2014$18,198,647.021.19%
2015$18,107,702.87-0.50%
2016$18,361,652.271.40%
2017$18,829,591.182.55%
2018$19,383,711.822.94%
2019$19,790,683.432.10%
2020$19,913,395.560.62%
2021$20,915,752.855.03%
2022$22,761,641.478.83%
2023$23,960,799.145.27%
2024$24,741,280.473.26%*

* 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 * $9,000,000 = $24,741,280.47

Therefore, according to U.S. Bureau of Labor Statistics, $9,000,000 in 1985 has the same "purchasing power" as $24,741,280.47 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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