Dallas, Texas prices: $220,000 in 1980 $806,880.40 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($220,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $586,880.40 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, $220,000 in Dallas in the year 1980 would cost $806,880.40 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
Dental services · Financial services · Milk · Frankfurters · More

Buying power of $220,000.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $220,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$220,000.0016.95%
1981$245,833.0811.74%
1982$260,685.406.04%
1983$270,217.153.66%
1984$282,918.604.70%
1985$293,514.463.75%
1986$298,653.911.75%
1987$306,102.712.49%
1988$315,000.512.91%
1989$324,419.062.99%
1990$339,090.254.52%
1991$354,961.414.68%
1992$363,564.892.42%
1993$372,666.462.50%
1994$383,194.402.83%
1995$393,178.962.61%
1996$403,933.312.74%
1997$411,133.071.78%
1998$416,951.731.42%
1999$428,724.922.82%
2000$446,746.944.20%
2001$462,504.893.53%
2002$468,799.011.36%
2003$478,670.372.11%
2004$485,055.061.33%
2005$500,722.453.23%
2006$516,344.553.12%
2007$524,098.101.50%
2008$548,077.354.58%
2009$544,462.53-0.66%
2010$547,667.100.59%
2011$564,252.343.03%
2012$576,092.542.10%
2013$586,543.501.81%
2014$593,507.341.19%
2015$590,541.40-0.50%
2016$598,823.381.40%
2017$614,084.142.55%
2018$632,155.522.94%
2019$645,427.972.10%
2020$649,429.950.62%
2021$682,119.545.03%
2022$742,318.998.83%
2023$781,426.785.27%
2024$806,880.403.26%*

* 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 * $220,000 = $806,880.40

Therefore, according to U.S. Bureau of Labor Statistics, $220,000 in 1980 has the same "purchasing power" as $806,880.40 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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