Dallas, Texas prices: $240.45 in 1980 $881.88 in 2024

Inflation in Texas

$

Prices in Dallas, 1980-2024 ($240.45)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $641.43 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, $240.45 in Dallas in the year 1980 would cost $881.88 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
Bananas · Airline fares · Philadelphia, Pennsylvania · Public transportation · More

Buying power of $240.45 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $240.45 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$240.4516.95%
1981$268.6811.74%
1982$284.926.04%
1983$295.343.66%
1984$309.224.70%
1985$320.803.75%
1986$326.421.75%
1987$334.562.49%
1988$344.282.91%
1989$354.582.99%
1990$370.614.52%
1991$387.964.68%
1992$397.362.42%
1993$407.312.50%
1994$418.812.83%
1995$429.732.61%
1996$441.482.74%
1997$449.351.78%
1998$455.711.42%
1999$468.582.82%
2000$488.274.20%
2001$505.503.53%
2002$512.381.36%
2003$523.162.11%
2004$530.141.33%
2005$547.273.23%
2006$564.343.12%
2007$572.821.50%
2008$599.024.58%
2009$595.07-0.66%
2010$598.580.59%
2011$616.703.03%
2012$629.642.10%
2013$641.071.81%
2014$648.681.19%
2015$645.43-0.50%
2016$654.491.40%
2017$671.172.55%
2018$690.922.94%
2019$705.422.10%
2020$709.800.62%
2021$745.535.03%
2022$811.328.83%
2023$854.065.27%
2024$881.883.26%*

* 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 * $240.45 = $881.88

Therefore, according to U.S. Bureau of Labor Statistics, $240.45 in 1980 has the same "purchasing power" as $881.88 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.