Dallas, Texas prices: $250,000 in 1987 $658,994.82 in 2024

Inflation in Texas

$

Prices in Dallas, 1987-2024 ($250,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 163.60% higher in 2024 versus 1987 (a $408,994.82 difference in value).

Between 1987 and 2024: Dallas experienced an average inflation rate of 2.65% per year. This rate of change indicates significant inflation. In other words, $250,000 in Dallas in the year 1987 would cost $658,994.82 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 1987: Pricing changed by 2.49%, which is below the average yearly change in Dallas during the 1987-2024 time period. Compared to inflation for all items in 1987 (3.66%), inflation in Dallas was lower.

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
Admission to sporting events · Educational books and supplies · Dallas-Fort Worth, Texas · Fish and seafood · More

Buying power of $250,000.00 since 1987

Below are calculations of equivalent buying power in Dallas, over time, for $250,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$250,000.002.49%
1988$257,267.012.91%
1989$264,959.322.99%
1990$276,941.574.52%
1991$289,903.854.68%
1992$296,930.472.42%
1993$304,363.912.50%
1994$312,962.282.83%
1995$321,116.862.61%
1996$329,900.152.74%
1997$335,780.331.78%
1998$340,532.541.42%
1999$350,147.932.82%
2000$364,866.864.20%
2001$377,736.693.53%
2002$382,877.221.36%
2003$390,939.352.11%
2004$396,153.851.33%
2005$408,949.703.23%
2006$421,708.583.12%
2007$428,041.051.50%
2008$447,625.374.58%
2009$444,673.08-0.66%
2010$447,290.310.59%
2011$460,835.803.03%
2012$470,505.922.10%
2013$479,041.421.81%
2014$484,728.921.19%
2015$482,306.58-0.50%
2016$489,070.641.40%
2017$501,534.392.55%
2018$516,293.642.94%
2019$527,133.512.10%
2020$530,402.000.62%
2021$557,100.225.03%
2022$606,266.278.83%
2023$638,206.365.27%
2024$658,994.823.26%*

* 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 1987 * 1987 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 112.667 in the year 1987 and 296.987 in 2024:

296.987 / 112.667 * $250,000 = $658,994.82

Therefore, according to U.S. Bureau of Labor Statistics, $250,000 in 1987 has the same "purchasing power" as $658,994.82 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.

» Read more about inflation and investment.