Dallas, Texas prices: $1 in 1991 $2.27 in 2024

Inflation in Texas

$

Prices in Dallas, 1991-2024 ($1)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 126.65% higher in 2024 versus 1991 (a $1.27 difference in value).

Between 1991 and 2024: Dallas experienced an average inflation rate of 2.51% per year. This rate of change indicates significant inflation. In other words, $1 in Dallas in the year 1991 would cost $2.27 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.52% during this same period, inflation in Dallas was lower.

In the year 1991: Pricing changed by 4.68%, which is above the average yearly change in Dallas during the 1991-2024 time period. Compared to inflation for all items in 1991 (4.23%), 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
Juices and nonalcoholic drinks · Housing · Boston, Massachusetts · Fish and seafood · More

Buying power of $1.00 since 1991

Below are calculations of equivalent buying power in Dallas, over time, for $1 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$1.004.68%
1992$1.022.42%
1993$1.052.50%
1994$1.082.83%
1995$1.112.61%
1996$1.142.74%
1997$1.161.78%
1998$1.171.42%
1999$1.212.82%
2000$1.264.20%
2001$1.303.53%
2002$1.321.36%
2003$1.352.11%
2004$1.371.33%
2005$1.413.23%
2006$1.453.12%
2007$1.481.50%
2008$1.544.58%
2009$1.53-0.66%
2010$1.540.59%
2011$1.593.03%
2012$1.622.10%
2013$1.651.81%
2014$1.671.19%
2015$1.66-0.50%
2016$1.691.40%
2017$1.732.55%
2018$1.782.94%
2019$1.822.10%
2020$1.830.62%
2021$1.925.03%
2022$2.098.83%
2023$2.205.27%
2024$2.272.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1991 * 1991 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 130.650 in the year 1991 and 296.121 in 2024:

296.121 / 130.650 * $1 = $2.27

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1991 has the same "purchasing power" as $2.27 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.