Dallas, Texas prices: $20,000 in 1977 $103,977.94 in 2024

Inflation in Texas

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Prices in Dallas, 1977-2024 ($20,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 419.89% higher in 2024 versus 1977 (a $83,977.94 difference in value).

Between 1977 and 2024: Dallas experienced an average inflation rate of 3.57% per year. This rate of change indicates significant inflation. In other words, $20,000 in Dallas in the year 1977 would cost $103,977.94 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.54% during this same period, inflation in Dallas was higher.

In the year 1977: Pricing changed by 7.36%, which is significantly above the average yearly change in Dallas during the 1977-2024 time period. Compared to inflation for all items in 1977 (6.50%), 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 $20,000.00 since 1977

Below are calculations of equivalent buying power in Dallas, over time, for $20,000 beginning in 1977. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1977$20,000.007.36%
1978$21,563.827.82%
1979$24,242.1612.42%
1980$28,350.1116.95%
1981$31,679.0711.74%
1982$33,593.006.04%
1983$34,821.303.66%
1984$36,458.064.70%
1985$37,823.493.75%
1986$38,485.781.75%
1987$39,445.662.49%
1988$40,592.272.91%
1989$41,805.982.99%
1990$43,696.574.52%
1991$45,741.794.68%
1992$46,850.472.42%
1993$48,023.342.50%
1994$49,380.012.83%
1995$50,666.672.61%
1996$52,052.522.74%
1997$52,980.311.78%
1998$53,730.121.42%
1999$55,247.262.82%
2000$57,569.664.20%
2001$59,600.293.53%
2002$60,411.381.36%
2003$61,683.442.11%
2004$62,506.201.33%
2005$64,525.163.23%
2006$66,538.293.12%
2007$67,537.451.50%
2008$70,627.514.58%
2009$70,161.69-0.66%
2010$70,574.650.59%
2011$72,711.893.03%
2012$74,237.672.10%
2013$75,584.421.81%
2014$76,481.811.19%
2015$76,099.61-0.50%
2016$77,166.861.40%
2017$79,133.422.55%
2018$81,462.172.94%
2019$83,172.522.10%
2020$83,688.230.62%
2021$87,900.745.03%
2022$95,658.298.83%
2023$100,697.885.27%
2024$103,977.943.26%*

* 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 1977 * 1977 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 57.125 in the year 1977 and 296.987 in 2024:

296.987 / 57.125 * $20,000 = $103,977.94

Therefore, according to U.S. Bureau of Labor Statistics, $20,000 in 1977 has the same "purchasing power" as $103,977.94 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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