Dallas, Texas prices: $23 in 1980 $84.36 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($23)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $61.36 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, $23 in Dallas in the year 1980 would cost $84.36 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 $23.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $23 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$23.0016.95%
1981$25.7011.74%
1982$27.256.04%
1983$28.253.66%
1984$29.584.70%
1985$30.693.75%
1986$31.221.75%
1987$32.002.49%
1988$32.932.91%
1989$33.922.99%
1990$35.454.52%
1991$37.114.68%
1992$38.012.42%
1993$38.962.50%
1994$40.062.83%
1995$41.112.61%
1996$42.232.74%
1997$42.981.78%
1998$43.591.42%
1999$44.822.82%
2000$46.714.20%
2001$48.353.53%
2002$49.011.36%
2003$50.042.11%
2004$50.711.33%
2005$52.353.23%
2006$53.983.12%
2007$54.791.50%
2008$57.304.58%
2009$56.92-0.66%
2010$57.260.59%
2011$58.993.03%
2012$60.232.10%
2013$61.321.81%
2014$62.051.19%
2015$61.74-0.50%
2016$62.601.40%
2017$64.202.55%
2018$66.092.94%
2019$67.482.10%
2020$67.890.62%
2021$71.315.03%
2022$77.618.83%
2023$81.695.27%
2024$84.363.26%*

* 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 * $23 = $84.36

Therefore, according to U.S. Bureau of Labor Statistics, $23 in 1980 has the same "purchasing power" as $84.36 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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