Dallas, Texas prices: $2,000 in 1979 $8,578.27 in 2024

Inflation in Texas

$

Prices in Dallas, 1979-2024 ($2,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 328.91% higher in 2024 versus 1979 (a $6,578.27 difference in value).

Between 1979 and 2024: Dallas experienced an average inflation rate of 3.29% per year. This rate of change indicates significant inflation. In other words, $2,000 in Dallas in the year 1979 would cost $8,578.27 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.28% during this same period, inflation in Dallas was higher.

In the year 1979: Pricing changed by 12.42%, which is significantly above the average yearly change in Dallas during the 1979-2024 time period. Compared to inflation for all items in 1979 (11.26%), 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
New cars · Public transportation · New York · Fish and seafood · More

Buying power of $2,000.00 since 1979

Below are calculations of equivalent buying power in Dallas, over time, for $2,000 beginning in 1979. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1979$2,000.0012.42%
1980$2,338.9116.95%
1981$2,613.5511.74%
1982$2,771.456.04%
1983$2,872.793.66%
1984$3,007.824.70%
1985$3,120.473.75%
1986$3,175.111.75%
1987$3,254.302.49%
1988$3,348.902.91%
1989$3,449.032.99%
1990$3,605.014.52%
1991$3,773.744.68%
1992$3,865.212.42%
1993$3,961.972.50%
1994$4,073.902.83%
1995$4,180.052.61%
1996$4,294.382.74%
1997$4,370.921.78%
1998$4,432.781.42%
1999$4,557.952.82%
2000$4,749.554.20%
2001$4,917.083.53%
2002$4,983.991.36%
2003$5,088.942.11%
2004$5,156.821.33%
2005$5,323.383.23%
2006$5,489.473.12%
2007$5,571.901.50%
2008$5,826.834.58%
2009$5,788.40-0.66%
2010$5,822.470.59%
2011$5,998.803.03%
2012$6,124.672.10%
2013$6,235.781.81%
2014$6,309.821.19%
2015$6,278.29-0.50%
2016$6,366.341.40%
2017$6,528.582.55%
2018$6,720.702.94%
2019$6,861.812.10%
2020$6,904.350.62%
2021$7,251.895.03%
2022$7,891.908.83%
2023$8,307.675.27%
2024$8,578.273.26%*

* 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 1979 * 1979 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 69.242 in the year 1979 and 296.987 in 2024:

296.987 / 69.242 * $2,000 = $8,578.27

Therefore, according to U.S. Bureau of Labor Statistics, $2,000 in 1979 has the same "purchasing power" as $8,578.27 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.