Dallas, Texas prices: $17,000 in 1980 $62,349.85 in 2024

Inflation in Texas

$

Prices in Dallas, 1980-2024 ($17,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $45,349.85 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, $17,000 in Dallas in the year 1980 would cost $62,349.85 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
Women's apparel · Airline fares · Detroit, Michigan · Bread · More

Buying power of $17,000.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $17,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$17,000.0016.95%
1981$18,996.1911.74%
1982$20,143.876.04%
1983$20,880.423.66%
1984$21,861.894.70%
1985$22,680.663.75%
1986$23,077.801.75%
1987$23,653.392.49%
1988$24,340.952.91%
1989$25,068.752.99%
1990$26,202.434.52%
1991$27,428.844.68%
1992$28,093.652.42%
1993$28,796.952.50%
1994$29,610.482.83%
1995$30,382.012.61%
1996$31,213.032.74%
1997$31,769.371.78%
1998$32,219.001.42%
1999$33,128.742.82%
2000$34,521.354.20%
2001$35,739.013.53%
2002$36,225.381.36%
2003$36,988.172.11%
2004$37,481.531.33%
2005$38,692.193.23%
2006$39,899.353.12%
2007$40,498.491.50%
2008$42,351.434.58%
2009$42,072.10-0.66%
2010$42,319.730.59%
2011$43,601.323.03%
2012$44,516.242.10%
2013$45,323.821.81%
2014$45,861.931.19%
2015$45,632.74-0.50%
2016$46,272.721.40%
2017$47,451.962.55%
2018$48,848.382.94%
2019$49,873.982.10%
2020$50,183.220.62%
2021$52,709.245.03%
2022$57,361.018.83%
2023$60,382.985.27%
2024$62,349.853.26%*

* 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 * $17,000 = $62,349.85

Therefore, according to U.S. Bureau of Labor Statistics, $17,000 in 1980 has the same "purchasing power" as $62,349.85 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.