Dallas, Texas prices: $47,200 in 1980 $173,112.52 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($47,200)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $125,912.52 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, $47,200 in Dallas in the year 1980 would cost $173,112.52 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
Bread · Rent of primary residence · Electricity · Admission to sporting events · More

Buying power of $47,200.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $47,200 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$47,200.0016.95%
1981$52,742.3711.74%
1982$55,928.876.04%
1983$57,973.863.66%
1984$60,698.904.70%
1985$62,972.193.75%
1986$64,074.841.75%
1987$65,672.942.49%
1988$67,581.932.91%
1989$69,602.632.99%
1990$72,750.274.52%
1991$76,155.364.68%
1992$78,001.192.42%
1993$79,953.902.50%
1994$82,212.622.83%
1995$84,354.762.61%
1996$86,662.062.74%
1997$88,206.731.78%
1998$89,455.101.42%
1999$91,980.982.82%
2000$95,847.524.20%
2001$99,228.323.53%
2002$100,578.701.36%
2003$102,696.552.11%
2004$104,066.361.33%
2005$107,427.723.23%
2006$110,779.383.12%
2007$112,442.861.50%
2008$117,587.504.58%
2009$116,811.96-0.66%
2010$117,499.490.59%
2011$121,057.783.03%
2012$123,598.042.10%
2013$125,840.241.81%
2014$127,334.301.19%
2015$126,697.97-0.50%
2016$128,474.831.40%
2017$131,748.962.55%
2018$135,626.092.94%
2019$138,473.642.10%
2020$139,332.240.62%
2021$146,345.655.03%
2022$159,261.168.83%
2023$167,651.565.27%
2024$173,112.523.26%*

* 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 * $47,200 = $173,112.52

Therefore, according to U.S. Bureau of Labor Statistics, $47,200 in 1980 has the same "purchasing power" as $173,112.52 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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