Dallas, Texas prices: $16,800 in 1980 $61,616.32 in 2024

Inflation in Texas

$

Prices in Dallas, 1980-2024 ($16,800)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $44,816.32 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, $16,800 in Dallas in the year 1980 would cost $61,616.32 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.07% 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
Dental services · Wine at home · Women's apparel · Electricity · More

Buying power of $16,800.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $16,800 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$16,800.0016.95%
1981$18,772.7111.74%
1982$19,906.886.04%
1983$20,634.763.66%
1984$21,604.694.70%
1985$22,413.833.75%
1986$22,806.301.75%
1987$23,375.122.49%
1988$24,054.582.91%
1989$24,773.822.99%
1990$25,894.164.52%
1991$27,106.144.68%
1992$27,763.142.42%
1993$28,458.172.50%
1994$29,262.122.83%
1995$30,024.582.61%
1996$30,845.822.74%
1997$31,395.621.78%
1998$31,839.951.42%
1999$32,738.992.82%
2000$34,115.224.20%
2001$35,318.563.53%
2002$35,799.201.36%
2003$36,553.012.11%
2004$37,040.571.33%
2005$38,236.993.23%
2006$39,429.953.12%
2007$40,022.041.50%
2008$41,853.184.58%
2009$41,577.14-0.66%
2010$41,821.850.59%
2011$43,088.363.03%
2012$43,992.522.10%
2013$44,790.591.81%
2014$45,322.381.19%
2015$45,095.89-0.50%
2016$45,728.331.40%
2017$46,893.702.55%
2018$48,273.692.94%
2019$49,287.232.10%
2020$49,592.830.62%
2021$52,089.135.03%
2022$56,686.188.83%
2023$59,672.595.27%
2024$61,616.323.26%*

* 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 * $16,800 = $61,616.32

Therefore, according to U.S. Bureau of Labor Statistics, $16,800 in 1980 has the same "purchasing power" as $61,616.32 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.