Dallas, Texas prices: $968,000,000 in 1985 $2,661,062,166 in 2024

Inflation in Texas

$

Prices in Dallas, 1985-2024 ($968,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $1,693,062,166 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, $968,000,000 in Dallas in the year 1985 would cost $2,661,062,166 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
New cars · Women's apparel · Airline fares · Electricity · More

Buying power of $968,000,000.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $968,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$968,000,000.003.75%
1986$984,949,706.881.75%
1987$1,009,515,581.612.49%
1988$1,038,860,228.322.91%
1989$1,069,922,246.222.99%
1990$1,118,307,312.564.52%
1991$1,170,649,799.444.68%
1992$1,199,023,758.102.42%
1993$1,229,040,419.622.50%
1994$1,263,761,184.822.83%
1995$1,296,689,910.522.61%
1996$1,332,157,358.842.74%
1997$1,355,901,882.141.78%
1998$1,375,091,638.381.42%
1999$1,413,919,160.752.82%
2000$1,473,355,137.304.20%
2001$1,525,324,282.633.53%
2002$1,546,082,073.431.36%
2003$1,578,637,457.572.11%
2004$1,599,693,921.631.33%
2005$1,651,364,393.713.23%
2006$1,702,885,529.163.12%
2007$1,728,456,439.371.50%
2008$1,807,539,142.244.58%
2009$1,795,617,599.51-0.66%
2010$1,806,186,152.420.59%
2011$1,860,883,677.883.03%
2012$1,899,932,218.452.10%
2013$1,934,399,111.391.81%
2014$1,957,365,590.871.19%
2015$1,947,584,041.96-0.50%
2016$1,974,897,710.581.40%
2017$2,025,227,139.772.55%
2018$2,084,825,893.242.94%
2019$2,128,597,951.252.10%
2020$2,141,796,322.120.62%
2021$2,249,605,418.085.03%
2022$2,448,140,993.528.83%
2023$2,577,117,062.635.27%
2024$2,661,062,166.003.26%*

* 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 * $968,000,000 = $2,661,062,166

Therefore, according to U.S. Bureau of Labor Statistics, $968,000,000 in 1985 has the same "purchasing power" as $2,661,062,166 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.