Dallas, Texas prices: $240,000,000 in 1980 $880,233,158.38 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($240,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $640,233,158.38 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, $240,000,000 in Dallas in the year 1980 would cost $880,233,158.38 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 $240,000,000.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $240,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$240,000,000.0016.95%
1981$268,181,537.5111.74%
1982$284,384,069.166.04%
1983$294,782,340.233.66%
1984$308,638,468.664.70%
1985$320,197,591.853.75%
1986$325,804,260.571.75%
1987$333,930,225.382.49%
1988$343,636,924.982.91%
1989$353,911,701.142.99%
1990$369,916,640.944.52%
1991$387,230,626.744.68%
1992$396,616,239.582.42%
1993$406,545,230.012.50%
1994$418,030,256.252.83%
1995$428,922,506.952.61%
1996$440,654,523.002.74%
1997$448,508,799.011.78%
1998$454,856,437.171.42%
1999$467,699,907.382.82%
2000$487,360,296.394.20%
2001$504,550,787.283.53%
2002$511,417,104.041.36%
2003$522,185,859.832.11%
2004$529,150,972.521.33%
2005$546,242,667.493.23%
2006$563,284,964.503.12%
2007$571,743,377.591.50%
2008$597,902,562.524.58%
2009$593,959,123.19-0.66%
2010$597,455,016.980.59%
2011$615,548,008.643.03%
2012$628,464,587.842.10%
2013$639,865,637.541.81%
2014$647,462,550.171.19%
2015$644,226,983.64-0.50%
2016$653,261,870.951.40%
2017$669,909,972.212.55%
2018$689,624,205.002.94%
2019$704,103,241.742.10%
2020$708,469,033.650.62%
2021$744,130,410.625.03%
2022$809,802,531.658.83%
2023$852,465,575.795.27%
2024$880,233,158.383.26%*

* 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 * $240,000,000 = $880,233,158.38

Therefore, according to U.S. Bureau of Labor Statistics, $240,000,000 in 1980 has the same "purchasing power" as $880,233,158.38 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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