Dallas, Texas prices: $2,874 in 1980 $10,540.79 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($2,874)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $7,666.79 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, $2,874 in Dallas in the year 1980 would cost $10,540.79 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 $2,874.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $2,874 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$2,874.0016.95%
1981$3,211.4711.74%
1982$3,405.506.04%
1983$3,530.023.66%
1984$3,695.954.70%
1985$3,834.373.75%
1986$3,901.511.75%
1987$3,998.812.49%
1988$4,115.052.91%
1989$4,238.092.99%
1990$4,429.754.52%
1991$4,637.094.68%
1992$4,749.482.42%
1993$4,868.382.50%
1994$5,005.912.83%
1995$5,136.352.61%
1996$5,276.842.74%
1997$5,370.891.78%
1998$5,446.911.42%
1999$5,600.712.82%
2000$5,836.144.20%
2001$6,042.003.53%
2002$6,124.221.36%
2003$6,253.182.11%
2004$6,336.581.33%
2005$6,541.263.23%
2006$6,745.343.12%
2007$6,846.631.50%
2008$7,159.884.58%
2009$7,112.66-0.66%
2010$7,154.520.59%
2011$7,371.193.03%
2012$7,525.862.10%
2013$7,662.391.81%
2014$7,753.361.19%
2015$7,714.62-0.50%
2016$7,822.811.40%
2017$8,022.172.55%
2018$8,258.252.94%
2019$8,431.642.10%
2020$8,483.920.62%
2021$8,910.965.03%
2022$9,697.398.83%
2023$10,208.285.27%
2024$10,540.793.26%*

* 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 * $2,874 = $10,540.79

Therefore, according to U.S. Bureau of Labor Statistics, $2,874 in 1980 has the same "purchasing power" as $10,540.79 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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