Dallas, Texas prices: $18,000 in 1980 $66,017.49 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($18,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $48,017.49 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, $18,000 in Dallas in the year 1980 would cost $66,017.49 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
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Buying power of $18,000.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $18,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$18,000.0016.95%
1981$20,113.6211.74%
1982$21,328.816.04%
1983$22,108.683.66%
1984$23,147.894.70%
1985$24,014.823.75%
1986$24,435.321.75%
1987$25,044.772.49%
1988$25,772.772.91%
1989$26,543.382.99%
1990$27,743.754.52%
1991$29,042.304.68%
1992$29,746.222.42%
1993$30,490.892.50%
1994$31,352.272.83%
1995$32,169.192.61%
1996$33,049.092.74%
1997$33,638.161.78%
1998$34,114.231.42%
1999$35,077.492.82%
2000$36,552.024.20%
2001$37,841.313.53%
2002$38,356.281.36%
2003$39,163.942.11%
2004$39,686.321.33%
2005$40,968.203.23%
2006$42,246.373.12%
2007$42,880.751.50%
2008$44,842.694.58%
2009$44,546.93-0.66%
2010$44,809.130.59%
2011$46,166.103.03%
2012$47,134.842.10%
2013$47,989.921.81%
2014$48,559.691.19%
2015$48,317.02-0.50%
2016$48,994.641.40%
2017$50,243.252.55%
2018$51,721.822.94%
2019$52,807.742.10%
2020$53,135.180.62%
2021$55,809.785.03%
2022$60,735.198.83%
2023$63,934.925.27%
2024$66,017.493.26%*

* 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 * $18,000 = $66,017.49

Therefore, according to U.S. Bureau of Labor Statistics, $18,000 in 1980 has the same "purchasing power" as $66,017.49 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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