Dallas, Texas prices: $20,000,000 in 1980 $73,352,763.20 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($20,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $53,352,763.20 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, $20,000,000 in Dallas in the year 1980 would cost $73,352,763.20 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
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Buying power of $20,000,000.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $20,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$20,000,000.0016.95%
1981$22,348,461.4611.74%
1982$23,698,672.436.04%
1983$24,565,195.023.66%
1984$25,719,872.394.70%
1985$26,683,132.653.75%
1986$27,150,355.051.75%
1987$27,827,518.782.49%
1988$28,636,410.412.91%
1989$29,492,641.762.99%
1990$30,826,386.744.52%
1991$32,269,218.894.68%
1992$33,051,353.302.42%
1993$33,878,769.172.50%
1994$34,835,854.692.83%
1995$35,743,542.252.61%
1996$36,721,210.252.74%
1997$37,375,733.251.78%
1998$37,904,703.101.42%
1999$38,974,992.282.82%
2000$40,613,358.034.20%
2001$42,045,898.943.53%
2002$42,618,092.001.36%
2003$43,515,488.322.11%
2004$44,095,914.381.33%
2005$45,520,222.293.23%
2006$46,940,413.713.12%
2007$47,645,281.471.50%
2008$49,825,213.544.58%
2009$49,496,593.60-0.66%
2010$49,787,918.080.59%
2011$51,295,667.393.03%
2012$52,372,048.992.10%
2013$53,322,136.461.81%
2014$53,955,212.511.19%
2015$53,685,581.97-0.50%
2016$54,438,489.251.40%
2017$55,825,831.022.55%
2018$57,468,683.752.94%
2019$58,675,270.152.10%
2020$59,039,086.140.62%
2021$62,010,867.555.03%
2022$67,483,544.308.83%
2023$71,038,797.985.27%
2024$73,352,763.203.26%*

* 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 * $20,000,000 = $73,352,763.20

Therefore, according to U.S. Bureau of Labor Statistics, $20,000,000 in 1980 has the same "purchasing power" as $73,352,763.20 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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