According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 94.83% higher in 2024 versus 1998 (a $22.72 difference in value).
Between 1998 and 2024: Dallas experienced an average inflation rate of 2.60% per year. This rate of change indicates significant inflation. In other words, $23.96 in Dallas in the year 1998 would cost $46.68 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.54% during this same period, inflation in Dallas was higher.
In the year 1998: Pricing changed by 1.42%, which is below the average yearly change in Dallas during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), inflation in Dallas was lower.
Below are calculations of equivalent buying power in Dallas, over time, for $23.96 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1998 | $23.96 | 1.42% |
1999 | $24.64 | 2.82% |
2000 | $25.67 | 4.20% |
2001 | $26.58 | 3.53% |
2002 | $26.94 | 1.36% |
2003 | $27.51 | 2.11% |
2004 | $27.87 | 1.33% |
2005 | $28.77 | 3.23% |
2006 | $29.67 | 3.12% |
2007 | $30.12 | 1.50% |
2008 | $31.50 | 4.58% |
2009 | $31.29 | -0.66% |
2010 | $31.47 | 0.59% |
2011 | $32.42 | 3.03% |
2012 | $33.10 | 2.10% |
2013 | $33.71 | 1.81% |
2014 | $34.11 | 1.19% |
2015 | $33.94 | -0.50% |
2016 | $34.41 | 1.40% |
2017 | $35.29 | 2.55% |
2018 | $36.33 | 2.94% |
2019 | $37.09 | 2.10% |
2020 | $37.32 | 0.62% |
2021 | $39.20 | 5.03% |
2022 | $42.66 | 8.83% |
2023 | $44.90 | 5.27% |
2024 | $46.68 | 3.96%* |
* 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:
Year | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
CPI | 29.500 | 29.533 | 29.850 | 30.883 | 31.833 | 33.150 | 35.242 | 37.433 | 38.583 | 39.708 | 41.767 | 45.908 | 50.150 | 53.208 | 57.125 | 61.592 | 69.242 | 80.975 | 90.483 | 95.950 | 99.458 | 104.133 | 108.033 | 109.925 | 112.667 | 115.942 | 119.408 | 124.808 | 130.650 | 133.817 | 137.167 | 141.042 | 144.717 | 148.675 | 151.325 | 153.467 | 157.800 | 164.433 | 170.233 | 172.550 | 176.183 | 178.533 | 184.300 | 190.050 | 192.904 | 201.730 | 200.399 | 201.579 | 207.683 | 212.041 | 215.888 | 218.451 | 217.359 | 220.408 | 226.025 | 232.676 | 237.561 | 239.035 | 251.066 | 273.224 | 287.618 | 299.000 |