Dallas, Texas prices: $11,000,000 in 1980 $40,344,019.76 in 2024

Inflation in Texas

$

Prices in Dallas, 1980-2024 ($11,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $29,344,019.76 difference in value).

Between 1980 and 2024: Dallas experienced an average inflation rate of 3% per year. This rate of change indicates significant inflation. In other words, $11,000,000 in Dallas in the year 1980 would cost $40,344,019.76 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.06% during this same period, inflation in Dallas was lower.

In the year 1980: Pricing changed by 16.95%, which is significantly above the average yearly change in Dallas during the 1980-2024 time period. Compared to inflation for all items in 1980 (13.55%), inflation in Dallas was much 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
San Diego, California · Rent of primary residence · Admission to sporting events · Tampa, Florida · More

Buying power of $11,000,000.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $11,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$11,000,000.0016.95%
1981$12,291,653.8011.74%
1982$13,034,269.846.04%
1983$13,510,857.263.66%
1984$14,145,929.814.70%
1985$14,675,722.963.75%
1986$14,932,695.281.75%
1987$15,305,135.332.49%
1988$15,750,025.732.91%
1989$16,220,952.972.99%
1990$16,954,512.714.52%
1991$17,748,070.394.68%
1992$18,178,244.312.42%
1993$18,633,323.042.50%
1994$19,159,720.082.83%
1995$19,658,948.242.61%
1996$20,196,665.642.74%
1997$20,556,653.291.78%
1998$20,847,586.701.42%
1999$21,436,245.752.82%
2000$22,337,346.924.20%
2001$23,125,244.423.53%
2002$23,439,950.601.36%
2003$23,933,518.582.11%
2004$24,252,752.911.33%
2005$25,036,122.263.23%
2006$25,817,227.543.12%
2007$26,204,904.811.50%
2008$27,403,867.454.58%
2009$27,223,126.48-0.66%
2010$27,383,354.940.59%
2011$28,212,617.063.03%
2012$28,804,626.942.10%
2013$29,327,175.051.81%
2014$29,675,366.881.19%
2015$29,527,070.08-0.50%
2016$29,941,169.091.40%
2017$30,704,207.062.55%
2018$31,607,776.062.94%
2019$32,271,398.582.10%
2020$32,471,497.380.62%
2021$34,105,977.155.03%
2022$37,115,949.378.83%
2023$39,071,338.895.27%
2024$40,344,019.763.26%*

* 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 1980 * 1980 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 80.975 in the year 1980 and 296.987 in 2024:

296.987 / 80.975 * $11,000,000 = $40,344,019.76

Therefore, according to U.S. Bureau of Labor Statistics, $11,000,000 in 1980 has the same "purchasing power" as $40,344,019.76 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.