Dallas, Texas prices: $23 in 1985 $63.50 in 2024

Inflation in Texas

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Prices in Dallas, 1985-2024 ($23)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 176.07% higher in 2024 versus 1985 (a $40.50 difference in value).

Between 1985 and 2024: Dallas experienced an average inflation rate of 2.64% per year. This rate of change indicates significant inflation. In other words, $23 in Dallas in the year 1985 would cost $63.50 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 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 $23.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $23 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$23.003.75%
1986$23.401.75%
1987$23.992.49%
1988$24.682.91%
1989$25.422.99%
1990$26.574.52%
1991$27.824.68%
1992$28.492.42%
1993$29.202.50%
1994$30.032.83%
1995$30.812.61%
1996$31.652.74%
1997$32.221.78%
1998$32.671.42%
1999$33.602.82%
2000$35.014.20%
2001$36.243.53%
2002$36.741.36%
2003$37.512.11%
2004$38.011.33%
2005$39.243.23%
2006$40.463.12%
2007$41.071.50%
2008$42.954.58%
2009$42.66-0.66%
2010$42.920.59%
2011$44.223.03%
2012$45.142.10%
2013$45.961.81%
2014$46.511.19%
2015$46.28-0.50%
2016$46.921.40%
2017$48.122.55%
2018$49.542.94%
2019$50.582.10%
2020$50.890.62%
2021$53.455.03%
2022$58.178.83%
2023$61.235.27%
2024$63.503.70%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.249

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 298.249 in 2024:

298.249 / 108.033 * $23 = $63.50

Therefore, according to U.S. Bureau of Labor Statistics, $23 in 1985 has the same "purchasing power" as $63.50 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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