Dallas, Texas prices: $30,802,500 in 1994 $64,859,855.13 in 2024

Inflation in Texas

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Prices in Dallas, 1994-2024 ($30,802,500)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 110.57% higher in 2024 versus 1994 (a $34,057,355.13 difference in value).

Between 1994 and 2024: Dallas experienced an average inflation rate of 2.51% per year. This rate of change indicates significant inflation. In other words, $30,802,500 in Dallas in the year 1994 would cost $64,859,855.13 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.49% during this same period, inflation in Dallas was higher.

In the year 1994: Pricing changed by 2.83%, which is above the average yearly change in Dallas during the 1994-2024 time period. Compared to inflation for all items in 1994 (2.60%), 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 $30,802,500.00 since 1994

Below are calculations of equivalent buying power in Dallas, over time, for $30,802,500 beginning in 1994. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1994$30,802,500.002.83%
1995$31,605,093.942.61%
1996$32,469,565.882.74%
1997$33,048,307.091.78%
1998$33,516,031.911.42%
1999$34,462,401.182.82%
2000$35,911,074.154.20%
2001$37,177,753.033.53%
2002$37,683,696.601.36%
2003$38,477,190.842.11%
2004$38,990,414.181.33%
2005$40,249,813.293.23%
2006$41,505,572.533.12%
2007$42,128,829.491.50%
2008$44,056,365.314.58%
2009$43,765,793.55-0.66%
2010$44,023,387.990.59%
2011$45,356,567.503.03%
2012$46,308,323.812.10%
2013$47,148,408.531.81%
2014$47,708,185.961.19%
2015$47,469,773.70-0.50%
2016$48,135,508.091.40%
2017$49,362,221.062.55%
2018$50,814,861.502.94%
2019$51,881,747.262.10%
2020$52,203,440.020.62%
2021$54,831,143.515.03%
2022$59,670,184.418.83%
2023$62,813,804.765.27%
2024$64,859,855.133.26%*

* 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 1994 * 1994 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 141.042 in the year 1994 and 296.987 in 2024:

296.987 / 141.042 * $30,802,500 = $64,859,855.13

Therefore, according to U.S. Bureau of Labor Statistics, $30,802,500 in 1994 has the same "purchasing power" as $64,859,855.13 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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