Dallas, Texas prices: $20 in 1983 $59.72 in 2024

Inflation in Texas

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Prices in Dallas, 1983-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 198.60% higher in 2024 versus 1983 (a $39.72 difference in value).

Between 1983 and 2024: Dallas experienced an average inflation rate of 2.70% per year. This rate of change indicates significant inflation. In other words, $20 in Dallas in the year 1983 would cost $59.72 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.81% during this same period, inflation in Dallas was lower.

In the year 1983: Pricing changed by 3.66%, which is above the average yearly change in Dallas during the 1983-2024 time period. Compared to inflation for all items in 1983 (3.21%), 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
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Buying power of $20.00 since 1983

Below are calculations of equivalent buying power in Dallas, over time, for $20 beginning in 1983. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1983$20.003.66%
1984$20.944.70%
1985$21.723.75%
1986$22.101.75%
1987$22.662.49%
1988$23.312.91%
1989$24.012.99%
1990$25.104.52%
1991$26.274.68%
1992$26.912.42%
1993$27.582.50%
1994$28.362.83%
1995$29.102.61%
1996$29.902.74%
1997$30.431.78%
1998$30.861.42%
1999$31.732.82%
2000$33.074.20%
2001$34.233.53%
2002$34.701.36%
2003$35.432.11%
2004$35.901.33%
2005$37.063.23%
2006$38.223.12%
2007$38.791.50%
2008$40.574.58%
2009$40.30-0.66%
2010$40.540.59%
2011$41.763.03%
2012$42.642.10%
2013$43.411.81%
2014$43.931.19%
2015$43.71-0.50%
2016$44.321.40%
2017$45.452.55%
2018$46.792.94%
2019$47.772.10%
2020$48.070.62%
2021$50.495.03%
2022$54.948.83%
2023$57.845.27%
2024$59.723.26%*

* 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 1983 * 1983 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 99.458 in the year 1983 and 296.987 in 2024:

296.987 / 99.458 * $20 = $59.72

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1983 has the same "purchasing power" as $59.72 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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