Dallas, Texas prices: $32,000 in 1980 $117,364.42 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($32,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $85,364.42 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, $32,000 in Dallas in the year 1980 would cost $117,364.42 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 $32,000.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $32,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$32,000.0016.95%
1981$35,757.5411.74%
1982$37,917.886.04%
1983$39,304.313.66%
1984$41,151.804.70%
1985$42,693.013.75%
1986$43,440.571.75%
1987$44,524.032.49%
1988$45,818.262.91%
1989$47,188.232.99%
1990$49,322.224.52%
1991$51,630.754.68%
1992$52,882.172.42%
1993$54,206.032.50%
1994$55,737.372.83%
1995$57,189.672.61%
1996$58,753.942.74%
1997$59,801.171.78%
1998$60,647.521.42%
1999$62,359.992.82%
2000$64,981.374.20%
2001$67,273.443.53%
2002$68,188.951.36%
2003$69,624.782.11%
2004$70,553.461.33%
2005$72,832.363.23%
2006$75,104.663.12%
2007$76,232.451.50%
2008$79,720.344.58%
2009$79,194.55-0.66%
2010$79,660.670.59%
2011$82,073.073.03%
2012$83,795.282.10%
2013$85,315.421.81%
2014$86,328.341.19%
2015$85,896.93-0.50%
2016$87,101.581.40%
2017$89,321.332.55%
2018$91,949.892.94%
2019$93,880.432.10%
2020$94,462.540.62%
2021$99,217.395.03%
2022$107,973.678.83%
2023$113,662.085.27%
2024$117,364.423.26%*

* 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 * $32,000 = $117,364.42

Therefore, according to U.S. Bureau of Labor Statistics, $32,000 in 1980 has the same "purchasing power" as $117,364.42 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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