Dallas, Texas prices: $23,000 in 1978 $112,959.10 in 2026

Inflation in Texas

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Prices in Dallas, 1978-2026 ($23,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 391.13% higher in 2026 versus 1978 (a $89,959.10 difference in value).

Between 1978 and 2026: Dallas experienced an average inflation rate of 3.37% per year. This rate of change indicates significant inflation. In other words, $23,000 in Dallas in the year 1978 would cost $112,959.10 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.40% during this same period, inflation in Dallas was lower.

In the year 1978: Pricing changed by 7.82%, which is significantly above the average yearly change in Dallas during the 1978-2026 time period. Compared to inflation for all items in 1978 (7.63%), 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%).

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Buying power of $23,000.00 since 1978

Below are calculations of equivalent buying power in Dallas, over time, for $23,000 beginning in 1978. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1978$23,000.007.82%
1979$25,856.7212.42%
1980$30,238.2616.95%
1981$33,788.9311.74%
1982$35,830.336.04%
1983$37,140.443.66%
1984$38,886.214.70%
1985$40,342.583.75%
1986$41,048.981.75%
1987$42,072.792.49%
1988$43,295.772.91%
1989$44,590.312.99%
1990$46,606.824.52%
1991$48,788.264.68%
1992$49,970.782.42%
1993$51,221.762.50%
1994$52,668.792.83%
1995$54,041.132.61%
1996$55,519.282.74%
1997$56,508.861.78%
1998$57,308.621.42%
1999$58,926.802.82%
2000$61,403.874.20%
2001$63,569.753.53%
2002$64,434.851.36%
2003$65,791.642.11%
2004$66,669.191.33%
2005$68,822.623.23%
2006$70,969.833.12%
2007$72,035.531.50%
2008$75,331.394.58%
2009$74,834.55-0.66%
2010$75,275.010.59%
2011$77,554.593.03%
2012$79,181.992.10%
2013$80,618.441.81%
2014$81,575.591.19%
2015$81,167.94-0.50%
2016$82,306.271.40%
2017$84,403.812.55%
2018$86,887.662.94%
2019$88,711.912.10%
2020$89,261.970.62%
2021$93,755.055.03%
2022$102,029.268.83%
2023$107,404.495.27%
2024$111,649.923.95%
2025$113,289.141.47%
2026$112,959.10-0.29%*

* 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:

Year1963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.987303.377302.493

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1978 * 1978 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 61.592 in the year 1978 and 302.493 in 2026:

302.493 / 61.592 * $23,000 = $112,959.10

Therefore, according to U.S. Bureau of Labor Statistics, $23,000 in 1978 has the same "purchasing power" as $112,959.10 in 2026 (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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