Dallas, Texas prices: $32,000 in 1983 $95,553.42 in 2024

Inflation in Texas

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Prices in Dallas, 1983-2024 ($32,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 198.60% higher in 2024 versus 1983 (a $63,553.42 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, $32,000 in Dallas in the year 1983 would cost $95,553.42 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.82% 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 $32,000.00 since 1983

Below are calculations of equivalent buying power in Dallas, over time, for $32,000 beginning in 1983. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1983$32,000.003.66%
1984$33,504.154.70%
1985$34,758.943.75%
1986$35,367.571.75%
1987$36,249.692.49%
1988$37,303.392.91%
1989$38,418.772.99%
1990$40,156.184.52%
1991$42,035.694.68%
1992$43,054.552.42%
1993$44,132.382.50%
1994$45,379.142.83%
1995$46,561.542.61%
1996$47,835.112.74%
1997$48,687.731.78%
1998$49,376.791.42%
1999$50,771.012.82%
2000$52,905.244.20%
2001$54,771.343.53%
2002$55,516.721.36%
2003$56,685.712.11%
2004$57,441.811.33%
2005$59,297.193.23%
2006$61,147.213.12%
2007$62,065.411.50%
2008$64,905.124.58%
2009$64,477.04-0.66%
2010$64,856.530.59%
2011$66,820.613.03%
2012$68,222.772.10%
2013$69,460.401.81%
2014$70,285.081.19%
2015$69,933.85-0.50%
2016$70,914.631.40%
2017$72,721.862.55%
2018$74,861.932.94%
2019$76,433.702.10%
2020$76,907.620.62%
2021$80,778.835.03%
2022$87,907.858.83%
2023$92,539.125.27%
2024$95,553.423.26%*

* 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 * $32,000 = $95,553.42

Therefore, according to U.S. Bureau of Labor Statistics, $32,000 in 1983 has the same "purchasing power" as $95,553.42 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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