Dallas, Texas prices: $14,000,000 in 1985 $38,486,436.29 in 2024

Inflation in Texas

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Prices in Dallas, 1985-2024 ($14,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $24,486,436.29 difference in value).

Between 1985 and 2024: Dallas experienced an average inflation rate of 2.63% per year. This rate of change indicates significant inflation. In other words, $14,000,000 in Dallas in the year 1985 would cost $38,486,436.29 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.76% during this same period, inflation in Dallas was lower.

In the year 1985: Pricing changed by 3.75%, which is above the average yearly change in Dallas during the 1985-2024 time period. Compared to inflation for all items in 1985 (3.55%), 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
Bananas · Women's apparel · Fish and seafood · Milk · More

Buying power of $14,000,000.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $14,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$14,000,000.003.75%
1986$14,245,140.391.75%
1987$14,600,431.972.49%
1988$15,024,838.012.91%
1989$15,474,082.072.99%
1990$16,173,866.094.52%
1991$16,930,885.534.68%
1992$17,341,252.702.42%
1993$17,775,377.972.50%
1994$18,277,537.802.83%
1995$18,753,779.702.61%
1996$19,266,738.662.74%
1997$19,610,151.191.78%
1998$19,887,688.981.42%
1999$20,449,244.062.82%
2000$21,308,855.294.20%
2001$22,060,475.163.53%
2002$22,360,691.141.36%
2003$22,831,533.482.11%
2004$23,136,069.111.33%
2005$23,883,369.333.23%
2006$24,628,509.723.12%
2007$24,998,336.931.50%
2008$26,142,095.034.58%
2009$25,969,676.03-0.66%
2010$26,122,527.000.59%
2011$26,913,606.913.03%
2012$27,478,358.532.10%
2013$27,976,846.651.81%
2014$28,309,006.481.19%
2015$28,167,537.80-0.50%
2016$28,562,570.191.40%
2017$29,290,475.162.55%
2018$30,152,440.602.94%
2019$30,785,507.562.10%
2020$30,976,393.090.62%
2021$32,535,615.555.03%
2022$35,406,997.848.83%
2023$37,272,354.215.27%
2024$38,486,436.293.26%*

* 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 1985 * 1985 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 108.033 in the year 1985 and 296.987 in 2024:

296.987 / 108.033 * $14,000,000 = $38,486,436.29

Therefore, according to U.S. Bureau of Labor Statistics, $14,000,000 in 1985 has the same "purchasing power" as $38,486,436.29 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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