Dallas, Texas prices: $1,500 in 1980 $5,485.42 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($1,500)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 265.69% higher in 2024 versus 1980 (a $3,985.42 difference in value).

Between 1980 and 2024: Dallas experienced an average inflation rate of 2.99% per year. This rate of change indicates significant inflation. In other words, $1,500 in Dallas in the year 1980 would cost $5,485.42 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.05% 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
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Buying power of $1,500.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $1,500 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$1,500.0016.95%
1981$1,676.1311.74%
1982$1,777.406.04%
1983$1,842.393.66%
1984$1,928.994.70%
1985$2,001.233.75%
1986$2,036.281.75%
1987$2,087.062.49%
1988$2,147.732.91%
1989$2,211.952.99%
1990$2,311.984.52%
1991$2,420.194.68%
1992$2,478.852.42%
1993$2,540.912.50%
1994$2,612.692.83%
1995$2,680.772.61%
1996$2,754.092.74%
1997$2,803.181.78%
1998$2,842.851.42%
1999$2,923.122.82%
2000$3,046.004.20%
2001$3,153.443.53%
2002$3,196.361.36%
2003$3,263.662.11%
2004$3,307.191.33%
2005$3,414.023.23%
2006$3,520.533.12%
2007$3,573.401.50%
2008$3,736.894.58%
2009$3,712.24-0.66%
2010$3,734.090.59%
2011$3,847.183.03%
2012$3,927.902.10%
2013$3,999.161.81%
2014$4,046.641.19%
2015$4,026.42-0.50%
2016$4,082.891.40%
2017$4,186.942.55%
2018$4,310.152.94%
2019$4,400.652.10%
2020$4,427.930.62%
2021$4,650.825.03%
2022$5,061.278.83%
2023$5,327.915.27%
2024$5,485.422.96%*

* 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:

Year19631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

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 296.121 in 2024:

296.121 / 80.975 * $1,500 = $5,485.42

Therefore, according to U.S. Bureau of Labor Statistics, $1,500 in 1980 has the same "purchasing power" as $5,485.42 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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