Dallas, Texas prices: $1,500,000,000 in 1980 $5,501,457,239.89 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($1,500,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $4,001,457,239.89 difference in value).

Between 1980 and 2024: Dallas experienced an average inflation rate of 3% per year. This rate of change indicates significant inflation. In other words, $1,500,000,000 in Dallas in the year 1980 would cost $5,501,457,239.89 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.07% during this same period, inflation in Dallas was lower.

In the year 1980: Pricing changed by 16.95%, which is significantly above the average yearly change in Dallas during the 1980-2024 time period. Compared to inflation for all items in 1980 (13.55%), inflation in Dallas was much 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 $1,500,000,000.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $1,500,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$1,500,000,000.0016.95%
1981$1,676,134,609.4511.74%
1982$1,777,400,432.236.04%
1983$1,842,389,626.433.66%
1984$1,928,990,429.144.70%
1985$2,001,234,949.063.75%
1986$2,036,276,628.591.75%
1987$2,087,063,908.612.49%
1988$2,147,730,781.112.91%
1989$2,211,948,132.142.99%
1990$2,311,979,005.874.52%
1991$2,420,191,417.104.68%
1992$2,478,851,497.382.42%
1993$2,540,907,687.562.50%
1994$2,612,689,101.572.83%
1995$2,680,765,668.422.61%
1996$2,754,090,768.762.74%
1997$2,803,179,993.831.78%
1998$2,842,852,732.321.42%
1999$2,923,124,421.122.82%
2000$3,046,001,852.424.20%
2001$3,153,442,420.503.53%
2002$3,196,356,900.281.36%
2003$3,263,661,623.962.11%
2004$3,307,193,578.261.33%
2005$3,414,016,671.813.23%
2006$3,520,531,028.103.12%
2007$3,573,396,109.911.50%
2008$3,736,891,015.754.58%
2009$3,712,244,519.91-0.66%
2010$3,734,093,856.130.59%
2011$3,847,175,054.033.03%
2012$3,927,903,673.972.10%
2013$3,999,160,234.641.81%
2014$4,046,640,938.561.19%
2015$4,026,418,647.73-0.50%
2016$4,082,886,693.421.40%
2017$4,186,937,326.342.55%
2018$4,310,151,281.262.94%
2019$4,400,645,260.882.10%
2020$4,427,931,460.330.62%
2021$4,650,815,066.385.03%
2022$5,061,265,822.788.83%
2023$5,327,909,848.725.27%
2024$5,501,457,239.893.26%*

* 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 1980 * 1980 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 80.975 in the year 1980 and 296.987 in 2024:

296.987 / 80.975 * $1,500,000,000 = $5,501,457,239.89

Therefore, according to U.S. Bureau of Labor Statistics, $1,500,000,000 in 1980 has the same "purchasing power" as $5,501,457,239.89 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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