Dallas, Texas prices: $1,500,000,000 in 1985 $4,123,546,744.83 in 2024

Inflation in Texas

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Prices in Dallas, 1985-2024 ($1,500,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $2,623,546,744.83 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, $1,500,000,000 in Dallas in the year 1985 would cost $4,123,546,744.83 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.75% 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
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Buying power of $1,500,000,000.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $1,500,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$1,500,000,000.003.75%
1986$1,526,265,041.651.75%
1987$1,564,331,996.302.49%
1988$1,609,804,072.822.91%
1989$1,657,937,365.012.99%
1990$1,732,914,224.004.52%
1991$1,814,023,449.554.68%
1992$1,857,991,360.692.42%
1993$1,904,504,782.472.50%
1994$1,958,307,621.102.83%
1995$2,009,333,539.032.61%
1996$2,064,293,427.952.74%
1997$2,101,087,627.281.78%
1998$2,130,823,819.811.42%
1999$2,190,990,435.052.82%
2000$2,283,091,638.384.20%
2001$2,363,622,338.783.53%
2002$2,395,788,336.931.36%
2003$2,446,235,729.712.11%
2004$2,478,864,547.981.33%
2005$2,558,932,428.263.23%
2006$2,638,768,898.493.12%
2007$2,678,393,242.831.50%
2008$2,800,938,753.474.58%
2009$2,782,465,288.49-0.66%
2010$2,798,842,178.340.59%
2011$2,883,600,740.513.03%
2012$2,944,109,842.642.10%
2013$2,997,519,284.171.81%
2014$3,033,107,837.091.19%
2015$3,017,950,478.25-0.50%
2016$3,060,275,377.971.40%
2017$3,138,265,195.932.55%
2018$3,230,618,636.222.94%
2019$3,298,447,238.512.10%
2020$3,318,899,259.490.62%
2021$3,485,958,809.015.03%
2022$3,793,606,911.458.83%
2023$3,993,466,522.685.27%
2024$4,123,546,744.833.26%*

* 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 * $1,500,000,000 = $4,123,546,744.83

Therefore, according to U.S. Bureau of Labor Statistics, $1,500,000,000 in 1985 has the same "purchasing power" as $4,123,546,744.83 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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