Dallas, Texas prices: $27,000,000 in 1980 $99,026,230.32 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($27,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $72,026,230.32 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, $27,000,000 in Dallas in the year 1980 would cost $99,026,230.32 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 $27,000,000.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $27,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$27,000,000.0016.95%
1981$30,170,422.9711.74%
1982$31,993,207.786.04%
1983$33,163,013.283.66%
1984$34,721,827.724.70%
1985$36,022,229.083.75%
1986$36,652,979.311.75%
1987$37,567,150.362.49%
1988$38,659,154.062.91%
1989$39,815,066.382.99%
1990$41,615,622.114.52%
1991$43,563,445.514.68%
1992$44,619,326.952.42%
1993$45,736,338.382.50%
1994$47,028,403.832.83%
1995$48,253,782.032.61%
1996$49,573,633.842.74%
1997$50,457,239.891.78%
1998$51,171,349.181.42%
1999$52,616,239.582.82%
2000$54,828,033.344.20%
2001$56,761,963.573.53%
2002$57,534,424.211.36%
2003$58,745,909.232.11%
2004$59,529,484.411.33%
2005$61,452,300.093.23%
2006$63,369,558.513.12%
2007$64,321,129.981.50%
2008$67,264,038.284.58%
2009$66,820,401.36-0.66%
2010$67,213,689.410.59%
2011$69,249,150.973.03%
2012$70,702,266.132.10%
2013$71,984,884.221.81%
2014$72,839,536.891.19%
2015$72,475,535.66-0.50%
2016$73,491,960.481.40%
2017$75,364,871.872.55%
2018$77,582,723.062.94%
2019$79,211,614.702.10%
2020$79,702,766.290.62%
2021$83,714,671.195.03%
2022$91,102,784.818.83%
2023$95,902,377.285.27%
2024$99,026,230.323.26%*

* 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 * $27,000,000 = $99,026,230.32

Therefore, according to U.S. Bureau of Labor Statistics, $27,000,000 in 1980 has the same "purchasing power" as $99,026,230.32 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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