Dallas, Texas prices: $47,707,045 in 1980 $174,972,178.74 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($47,707,045)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $127,265,133.74 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, $47,707,045 in Dallas in the year 1980 would cost $174,972,178.74 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 $47,707,045.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $47,707,045 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$47,707,045.0016.95%
1981$53,308,952.8311.74%
1982$56,529,681.606.04%
1983$58,596,643.213.66%
1984$61,350,955.474.70%
1985$63,648,670.513.75%
1986$64,763,160.501.75%
1987$66,378,434.542.49%
1988$68,307,926.012.91%
1989$70,350,339.392.99%
1990$73,531,790.984.52%
1991$76,973,453.904.68%
1992$78,839,119.962.42%
1993$80,812,798.262.50%
1994$83,095,784.362.83%
1995$85,260,938.922.61%
1996$87,593,021.492.74%
1997$89,154,289.411.78%
1998$90,416,068.821.42%
1999$92,969,085.532.82%
2000$96,877,164.964.20%
2001$100,294,279.643.53%
2002$101,659,161.651.36%
2003$103,799,767.972.11%
2004$105,184,288.571.33%
2005$108,581,764.663.23%
2006$111,969,421.453.12%
2007$113,650,779.351.50%
2008$118,850,685.234.58%
2009$118,066,810.91-0.66%
2010$118,761,722.420.59%
2011$122,358,235.623.03%
2012$124,925,784.892.10%
2013$127,192,078.181.81%
2014$128,702,187.571.19%
2015$128,059,023.74-0.50%
2016$129,854,972.811.40%
2017$133,164,271.632.55%
2018$137,083,054.092.94%
2019$139,961,187.662.10%
2020$140,829,016.960.62%
2021$147,917,762.445.03%
2022$160,972,024.248.83%
2023$169,452,556.615.27%
2024$174,972,178.743.26%*

* 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 * $47,707,045 = $174,972,178.74

Therefore, according to U.S. Bureau of Labor Statistics, $47,707,045 in 1980 has the same "purchasing power" as $174,972,178.74 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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