Dallas, Texas prices: $500,000,000 in 1980 $1,833,819,079.96 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($500,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $1,333,819,079.96 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, $500,000,000 in Dallas in the year 1980 would cost $1,833,819,079.96 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
Parking fees and tolls · Frankfurters · Educational books and supplies · Dallas-Fort Worth, Texas · More

Buying power of $500,000,000.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $500,000,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$500,000,000.0016.95%
1981$558,711,536.4811.74%
1982$592,466,810.746.04%
1983$614,129,875.483.66%
1984$642,996,809.714.70%
1985$667,078,316.353.75%
1986$678,758,876.201.75%
1987$695,687,969.542.49%
1988$715,910,260.372.91%
1989$737,316,044.052.99%
1990$770,659,668.624.52%
1991$806,730,472.374.68%
1992$826,283,832.462.42%
1993$846,969,229.192.50%
1994$870,896,367.192.83%
1995$893,588,556.142.61%
1996$918,030,256.252.74%
1997$934,393,331.281.78%
1998$947,617,577.441.42%
1999$974,374,807.042.82%
2000$1,015,333,950.814.20%
2001$1,051,147,473.503.53%
2002$1,065,452,300.091.36%
2003$1,087,887,207.992.11%
2004$1,102,397,859.421.33%
2005$1,138,005,557.273.23%
2006$1,173,510,342.703.12%
2007$1,191,132,036.641.50%
2008$1,245,630,338.584.58%
2009$1,237,414,839.97-0.66%
2010$1,244,697,952.040.59%
2011$1,282,391,684.683.03%
2012$1,309,301,224.662.10%
2013$1,333,053,411.551.81%
2014$1,348,880,312.851.19%
2015$1,342,139,549.24-0.50%
2016$1,360,962,231.141.40%
2017$1,395,645,775.452.55%
2018$1,436,717,093.752.94%
2019$1,466,881,753.632.10%
2020$1,475,977,153.440.62%
2021$1,550,271,688.795.03%
2022$1,687,088,607.598.83%
2023$1,775,969,949.575.27%
2024$1,833,819,079.963.26%*

* 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 * $500,000,000 = $1,833,819,079.96

Therefore, according to U.S. Bureau of Labor Statistics, $500,000,000 in 1980 has the same "purchasing power" as $1,833,819,079.96 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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