Dallas, Texas prices: $31,302 in 1980 $114,804.41 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($31,302)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $83,502.41 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, $31,302 in Dallas in the year 1980 would cost $114,804.41 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 $31,302.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $31,302 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$31,302.0016.95%
1981$34,977.5811.74%
1982$37,090.796.04%
1983$38,446.993.66%
1984$40,254.174.70%
1985$41,761.773.75%
1986$42,493.021.75%
1987$43,552.852.49%
1988$44,818.852.91%
1989$46,158.932.99%
1990$48,246.384.52%
1991$50,504.554.68%
1992$51,728.672.42%
1993$53,023.662.50%
1994$54,521.602.83%
1995$55,942.222.61%
1996$57,472.372.74%
1997$58,496.761.78%
1998$59,324.651.42%
1999$60,999.762.82%
2000$63,563.974.20%
2001$65,806.043.53%
2002$66,701.581.36%
2003$68,106.092.11%
2004$69,014.521.33%
2005$71,243.703.23%
2006$73,466.443.12%
2007$74,569.631.50%
2008$77,981.444.58%
2009$77,467.12-0.66%
2010$77,923.070.59%
2011$80,282.853.03%
2012$81,967.492.10%
2013$83,454.481.81%
2014$84,445.301.19%
2015$84,023.30-0.50%
2016$85,201.681.40%
2017$87,373.012.55%
2018$89,944.242.94%
2019$91,832.672.10%
2020$92,402.070.62%
2021$97,053.215.03%
2022$105,618.508.83%
2023$111,182.825.27%
2024$114,804.413.26%*

* 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 * $31,302 = $114,804.41

Therefore, according to U.S. Bureau of Labor Statistics, $31,302 in 1980 has the same "purchasing power" as $114,804.41 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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