Dallas, Texas prices: $27,000,000 in 1984 $77,003,671.57 in 2024

Inflation in Texas

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Prices in Dallas, 1984-2024 ($27,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 185.20% higher in 2024 versus 1984 (a $50,003,671.57 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, $27,000,000 in Dallas in the year 1984 would cost $77,003,671.57 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
Indoor plants and flowers · New trucks · Admission to sporting events · Dallas-Fort Worth, Texas · More

Buying power of $27,000,000.00 since 1984

Below are calculations of equivalent buying power in Dallas, over time, for $27,000,000 beginning in 1984. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1984$27,000,000.004.70%
1985$28,011,203.593.75%
1986$28,501,680.541.75%
1987$29,212,548.022.49%
1988$30,061,699.742.91%
1989$30,960,547.382.99%
1990$32,360,675.424.52%
1991$33,875,320.104.68%
1992$34,696,382.842.42%
1993$35,564,980.792.50%
1994$36,569,702.302.83%
1995$37,522,567.222.61%
1996$38,548,895.652.74%
1997$39,235,995.521.78%
1998$39,791,293.211.42%
1999$40,914,852.752.82%
2000$42,634,763.124.20%
2001$44,138,604.353.53%
2002$44,739,276.571.36%
2003$45,681,338.032.11%
2004$46,290,653.011.33%
2005$47,785,851.473.23%
2006$49,276,728.553.12%
2007$50,016,678.941.50%
2008$52,305,110.444.58%
2009$51,960,134.44-0.66%
2010$52,265,958.710.59%
2011$53,848,751.603.03%
2012$54,978,706.792.10%
2013$55,976,081.951.81%
2014$56,640,667.411.19%
2015$56,357,616.84-0.50%
2016$57,147,997.761.40%
2017$58,604,390.202.55%
2018$60,329,010.882.94%
2019$61,595,651.412.10%
2020$61,977,575.220.62%
2021$65,097,267.935.03%
2022$70,842,330.358.83%
2023$74,574,535.855.27%
2024$77,003,671.573.26%*

* 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 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 296.987 in 2024:

296.987 / 104.133 * $27,000,000 = $77,003,671.57

Therefore, according to U.S. Bureau of Labor Statistics, $27,000,000 in 1984 has the same "purchasing power" as $77,003,671.57 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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