Dallas, Texas prices: $4,500,000,000 in 1980 $16,504,371,719.67 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($4,500,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $12,004,371,719.67 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, $4,500,000,000 in Dallas in the year 1980 would cost $16,504,371,719.67 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%).

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Buying power of $4,500,000,000.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $4,500,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$4,500,000,000.0016.95%
1981$5,028,403,828.3411.74%
1982$5,332,201,296.706.04%
1983$5,527,168,879.283.66%
1984$5,786,971,287.434.70%
1985$6,003,704,847.183.75%
1986$6,108,829,885.771.75%
1987$6,261,191,725.842.49%
1988$6,443,192,343.322.91%
1989$6,635,844,396.422.99%
1990$6,935,937,017.604.52%
1991$7,260,574,251.314.68%
1992$7,436,554,492.132.42%
1993$7,622,723,062.672.50%
1994$7,838,067,304.722.83%
1995$8,042,297,005.252.61%
1996$8,262,272,306.272.74%
1997$8,409,539,981.481.78%
1998$8,528,558,196.971.42%
1999$8,769,373,263.352.82%
2000$9,138,005,557.274.20%
2001$9,460,327,261.503.53%
2002$9,589,070,700.831.36%
2003$9,790,984,871.872.11%
2004$9,921,580,734.791.33%
2005$10,242,050,015.443.23%
2006$10,561,593,084.293.12%
2007$10,720,188,329.731.50%
2008$11,210,673,047.244.58%
2009$11,136,733,559.74-0.66%
2010$11,202,281,568.390.59%
2011$11,541,525,162.093.03%
2012$11,783,711,021.922.10%
2013$11,997,480,703.921.81%
2014$12,139,922,815.681.19%
2015$12,079,255,943.19-0.50%
2016$12,248,660,080.271.40%
2017$12,560,811,979.012.55%
2018$12,930,453,843.782.94%
2019$13,201,935,782.652.10%
2020$13,283,794,380.980.62%
2021$13,952,445,199.145.03%
2022$15,183,797,468.358.83%
2023$15,983,729,546.165.27%
2024$16,504,371,719.673.26%*

* 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 * $4,500,000,000 = $16,504,371,719.67

Therefore, according to U.S. Bureau of Labor Statistics, $4,500,000,000 in 1980 has the same "purchasing power" as $16,504,371,719.67 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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