Dallas, Texas prices: $48,000,000 in 1980 $176,046,631.68 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($48,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $128,046,631.68 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, $48,000,000 in Dallas in the year 1980 would cost $176,046,631.68 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
Bananas · Juices and nonalcoholic drinks · Frankfurters · Jewelry · More

Buying power of $48,000,000.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $48,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$48,000,000.0016.95%
1981$53,636,307.5011.74%
1982$56,876,813.836.04%
1983$58,956,468.053.66%
1984$61,727,693.734.70%
1985$64,039,518.373.75%
1986$65,160,852.111.75%
1987$66,786,045.082.49%
1988$68,727,385.002.91%
1989$70,782,340.232.99%
1990$73,983,328.194.52%
1991$77,446,125.354.68%
1992$79,323,247.922.42%
1993$81,309,046.002.50%
1994$83,606,051.252.83%
1995$85,784,501.392.61%
1996$88,130,904.602.74%
1997$89,701,759.801.78%
1998$90,971,287.431.42%
1999$93,539,981.482.82%
2000$97,472,059.284.20%
2001$100,910,157.463.53%
2002$102,283,420.811.36%
2003$104,437,171.972.11%
2004$105,830,194.501.33%
2005$109,248,533.503.23%
2006$112,656,992.903.12%
2007$114,348,675.521.50%
2008$119,580,512.504.58%
2009$118,791,824.64-0.66%
2010$119,491,003.400.59%
2011$123,109,601.733.03%
2012$125,692,917.572.10%
2013$127,973,127.511.81%
2014$129,492,510.031.19%
2015$128,845,396.73-0.50%
2016$130,652,374.191.40%
2017$133,981,994.442.55%
2018$137,924,841.002.94%
2019$140,820,648.352.10%
2020$141,693,806.730.62%
2021$148,826,082.125.03%
2022$161,960,506.338.83%
2023$170,493,115.165.27%
2024$176,046,631.683.26%*

* 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 * $48,000,000 = $176,046,631.68

Therefore, according to U.S. Bureau of Labor Statistics, $48,000,000 in 1980 has the same "purchasing power" as $176,046,631.68 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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