Dallas, Texas prices: $350,000 in 1980 $1,283,673.36 in 2024

Inflation in Texas

$

Prices in Dallas, 1980-2024 ($350,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $933,673.36 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, $350,000 in Dallas in the year 1980 would cost $1,283,673.36 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
Electricity · Frankfurters · Chicago, Illinois · Phoenix, Arizona · More

Buying power of $350,000.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $350,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$350,000.0016.95%
1981$391,098.0811.74%
1982$414,726.776.04%
1983$429,890.913.66%
1984$450,097.774.70%
1985$466,954.823.75%
1986$475,131.211.75%
1987$486,981.582.49%
1988$501,137.182.91%
1989$516,121.232.99%
1990$539,461.774.52%
1991$564,711.334.68%
1992$578,398.682.42%
1993$592,878.462.50%
1994$609,627.462.83%
1995$625,511.992.61%
1996$642,621.182.74%
1997$654,075.331.78%
1998$663,332.301.42%
1999$682,062.362.82%
2000$710,733.774.20%
2001$735,803.233.53%
2002$745,816.611.36%
2003$761,521.052.11%
2004$771,678.501.33%
2005$796,603.893.23%
2006$821,457.243.12%
2007$833,792.431.50%
2008$871,941.244.58%
2009$866,190.39-0.66%
2010$871,288.570.59%
2011$897,674.183.03%
2012$916,510.862.10%
2013$933,137.391.81%
2014$944,216.221.19%
2015$939,497.68-0.50%
2016$952,673.561.40%
2017$976,952.042.55%
2018$1,005,701.972.94%
2019$1,026,817.232.10%
2020$1,033,184.010.62%
2021$1,085,190.185.03%
2022$1,180,962.038.83%
2023$1,243,178.965.27%
2024$1,283,673.363.26%*

* 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 * $350,000 = $1,283,673.36

Therefore, according to U.S. Bureau of Labor Statistics, $350,000 in 1980 has the same "purchasing power" as $1,283,673.36 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.

» Read more about inflation and investment.