Dallas, Texas prices: $40 in 1981 $131.29 in 2024

Inflation in Texas

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Prices in Dallas, 1981-2024 ($40)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 228.22% higher in 2024 versus 1981 (a $91.29 difference in value).

Between 1981 and 2024: Dallas experienced an average inflation rate of 2.80% per year. This rate of change indicates significant inflation. In other words, $40 in Dallas in the year 1981 would cost $131.29 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.90% during this same period, inflation in Dallas was lower.

In the year 1981: Pricing changed by 11.74%, which is significantly above the average yearly change in Dallas during the 1981-2024 time period. Compared to inflation for all items in 1981 (10.33%), inflation in Dallas was 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
Frankfurters · Parking fees and tolls · Fish and seafood · Milk · More

Buying power of $40.00 since 1981

Below are calculations of equivalent buying power in Dallas, over time, for $40 beginning in 1981. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1981$40.0011.74%
1982$42.426.04%
1983$43.973.66%
1984$46.034.70%
1985$47.763.75%
1986$48.591.75%
1987$49.812.49%
1988$51.252.91%
1989$52.792.99%
1990$55.174.52%
1991$57.764.68%
1992$59.162.42%
1993$60.642.50%
1994$62.352.83%
1995$63.972.61%
1996$65.722.74%
1997$66.901.78%
1998$67.841.42%
1999$69.762.82%
2000$72.694.20%
2001$75.263.53%
2002$76.281.36%
2003$77.892.11%
2004$78.921.33%
2005$81.473.23%
2006$84.023.12%
2007$85.281.50%
2008$89.184.58%
2009$88.59-0.66%
2010$89.110.59%
2011$91.813.03%
2012$93.742.10%
2013$95.441.81%
2014$96.571.19%
2015$96.09-0.50%
2016$97.441.40%
2017$99.922.55%
2018$102.862.94%
2019$105.022.10%
2020$105.670.62%
2021$110.995.03%
2022$120.788.83%
2023$127.155.27%
2024$131.293.26%*

* 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 1981 * 1981 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 90.483 in the year 1981 and 296.987 in 2024:

296.987 / 90.483 * $40 = $131.29

Therefore, according to U.S. Bureau of Labor Statistics, $40 in 1981 has the same "purchasing power" as $131.29 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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