Dallas, Texas prices: $3.44 in 1980 $12.62 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($3.44)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $9.18 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, $3.44 in Dallas in the year 1980 would cost $12.62 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 $3.44 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $3.44 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$3.4416.95%
1981$3.8411.74%
1982$4.086.04%
1983$4.233.66%
1984$4.424.70%
1985$4.593.75%
1986$4.671.75%
1987$4.792.49%
1988$4.932.91%
1989$5.072.99%
1990$5.304.52%
1991$5.554.68%
1992$5.682.42%
1993$5.832.50%
1994$5.992.83%
1995$6.152.61%
1996$6.322.74%
1997$6.431.78%
1998$6.521.42%
1999$6.702.82%
2000$6.994.20%
2001$7.233.53%
2002$7.331.36%
2003$7.482.11%
2004$7.581.33%
2005$7.833.23%
2006$8.073.12%
2007$8.191.50%
2008$8.574.58%
2009$8.51-0.66%
2010$8.560.59%
2011$8.823.03%
2012$9.012.10%
2013$9.171.81%
2014$9.281.19%
2015$9.23-0.50%
2016$9.361.40%
2017$9.602.55%
2018$9.882.94%
2019$10.092.10%
2020$10.150.62%
2021$10.675.03%
2022$11.618.83%
2023$12.225.27%
2024$12.623.26%*

* 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 * $3.44 = $12.62

Therefore, according to U.S. Bureau of Labor Statistics, $3.44 in 1980 has the same "purchasing power" as $12.62 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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