Dallas, Texas prices: $2,495 in 1984 $7,094.96 in 2024

Inflation in Texas

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Prices in Dallas, 1984-2024 ($2,495)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 184.37% higher in 2024 versus 1984 (a $4,599.96 difference in value).

Between 1984 and 2024: Dallas experienced an average inflation rate of 2.65% per year. This rate of change indicates significant inflation. In other words, $2,495 in Dallas in the year 1984 would cost $7,094.96 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.77% during this same period, inflation in Dallas was lower.

In the year 1984: Pricing changed by 4.70%, which is above the average yearly change in Dallas during the 1984-2024 time period. Compared to inflation for all items in 1984 (4.30%), 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 $2,495.00 since 1984

Below are calculations of equivalent buying power in Dallas, over time, for $2,495 beginning in 1984. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1984$2,495.004.70%
1985$2,588.443.75%
1986$2,633.771.75%
1987$2,699.462.49%
1988$2,777.922.91%
1989$2,860.982.99%
1990$2,990.374.52%
1991$3,130.334.68%
1992$3,206.202.42%
1993$3,286.472.50%
1994$3,379.312.83%
1995$3,467.362.61%
1996$3,562.202.74%
1997$3,625.701.78%
1998$3,677.011.42%
1999$3,780.842.82%
2000$3,939.774.20%
2001$4,078.733.53%
2002$4,134.241.36%
2003$4,221.292.11%
2004$4,277.601.33%
2005$4,415.773.23%
2006$4,553.533.12%
2007$4,621.911.50%
2008$4,833.384.58%
2009$4,801.50-0.66%
2010$4,829.760.59%
2011$4,976.023.03%
2012$5,080.442.10%
2013$5,172.601.81%
2014$5,234.021.19%
2015$5,207.86-0.50%
2016$5,280.901.40%
2017$5,415.482.55%
2018$5,574.852.94%
2019$5,691.892.10%
2020$5,727.190.62%
2021$6,015.475.03%
2022$6,546.368.83%
2023$6,891.245.27%
2024$7,094.962.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1984 * 1984 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 104.133 in the year 1984 and 296.121 in 2024:

296.121 / 104.133 * $2,495 = $7,094.96

Therefore, according to U.S. Bureau of Labor Statistics, $2,495 in 1984 has the same "purchasing power" as $7,094.96 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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