Dallas, Texas prices: $48,000,000 in 1989 $119,383,426.62 in 2024

Inflation in Texas

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Prices in Dallas, 1989-2024 ($48,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 148.72% higher in 2024 versus 1989 (a $71,383,426.62 difference in value).

Between 1989 and 2024: Dallas experienced an average inflation rate of 2.64% per year. This rate of change indicates significant inflation. In other words, $48,000,000 in Dallas in the year 1989 would cost $119,383,426.62 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.66% during this same period, inflation in Dallas was lower.

In the year 1989: Pricing changed by 2.99%, which is above the average yearly change in Dallas during the 1989-2024 time period. Compared to inflation for all items in 1989 (4.83%), 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
New trucks · New cars · Rent of primary residence · San Francisco, California · More

Buying power of $48,000,000.00 since 1989

Below are calculations of equivalent buying power in Dallas, over time, for $48,000,000 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1989$48,000,000.002.99%
1990$50,170,702.774.52%
1991$52,518,947.594.68%
1992$53,791,890.572.42%
1993$55,138,530.252.50%
1994$56,696,210.482.83%
1995$58,173,494.312.61%
1996$59,764,673.042.74%
1997$60,829,925.331.78%
1998$61,690,836.761.42%
1999$63,432,758.742.82%
2000$66,099,239.304.20%
2001$68,430,734.873.53%
2002$69,361,993.161.36%
2003$70,822,527.742.11%
2004$71,767,185.431.33%
2005$74,085,281.603.23%
2006$76,396,678.073.12%
2007$77,543,867.681.50%
2008$81,091,760.764.58%
2009$80,556,923.72-0.66%
2010$81,031,061.480.59%
2011$83,484,960.573.03%
2012$85,236,798.102.10%
2013$86,783,088.841.81%
2014$87,813,435.691.19%
2015$87,374,605.35-0.50%
2016$88,599,980.461.40%
2017$90,857,913.322.55%
2018$93,531,696.562.94%
2019$95,495,445.602.10%
2020$96,087,565.080.62%
2021$100,924,212.445.03%
2022$109,831,128.488.83%
2023$115,617,391.305.27%
2024$119,383,426.623.26%*

* 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 1989 * 1989 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 119.408 in the year 1989 and 296.987 in 2024:

296.987 / 119.408 * $48,000,000 = $119,383,426.62

Therefore, according to U.S. Bureau of Labor Statistics, $48,000,000 in 1989 has the same "purchasing power" as $119,383,426.62 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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