Dallas, Texas prices: $3,000 in 1980 $10,054.09 in 2022

Inflation in Texas

$

Prices in Dallas, 1980-2022 ($3,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 235.14% higher in 2022 versus 1980 (a $7,054.09 difference in value).

Between 1980 and 2022: Dallas experienced an average inflation rate of 2.92% per year. This rate of change indicates significant inflation. In other words, $3,000 in Dallas in the year 1980 would cost $10,054.09 in 2022 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 1980-2022 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
Frankfurters · Fresh fruits · New York · Financial services · More

Buying power of $3,000.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $3,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$3,000.0016.95%
1981$3,352.2711.74%
1982$3,554.806.04%
1983$3,684.783.66%
1984$3,857.984.70%
1985$4,002.473.75%
1986$4,072.551.75%
1987$4,174.132.49%
1988$4,295.462.91%
1989$4,423.902.99%
1990$4,623.964.52%
1991$4,840.384.68%
1992$4,957.702.42%
1993$5,081.822.50%
1994$5,225.382.83%
1995$5,361.532.61%
1996$5,508.182.74%
1997$5,606.361.78%
1998$5,685.711.42%
1999$5,846.252.82%
2000$6,092.004.20%
2001$6,306.883.53%
2002$6,392.711.36%
2003$6,527.322.11%
2004$6,614.391.33%
2005$6,828.033.23%
2006$7,041.063.12%
2007$7,146.791.50%
2008$7,473.784.58%
2009$7,424.49-0.66%
2010$7,468.190.59%
2011$7,694.353.03%
2012$7,855.812.10%
2013$7,998.321.81%
2014$8,093.281.19%
2015$8,052.84-0.50%
2016$8,165.771.40%
2017$8,373.872.55%
2018$8,620.302.94%
2019$8,801.292.10%
2020$8,855.860.62%
2021$9,301.635.03%
2022$10,054.098.09%*

* 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:

Year196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.562239.034251.066271.377

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1980 * 1980 USD value = 2022 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 271.377 in 2022:

271.377 / 80.975 * $3,000 = $10,054.09

Therefore, according to U.S. Bureau of Labor Statistics, $3,000 in 1980 has the same "purchasing power" as $10,054.09 in 2022 (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.