Dallas, Texas prices: $600,000 in 1980 $2,200,582.90 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($600,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $1,600,582.90 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, $600,000 in Dallas in the year 1980 would cost $2,200,582.90 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 $600,000.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $600,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$600,000.0016.95%
1981$670,453.8411.74%
1982$710,960.176.04%
1983$736,955.853.66%
1984$771,596.174.70%
1985$800,493.983.75%
1986$814,510.651.75%
1987$834,825.562.49%
1988$859,092.312.91%
1989$884,779.252.99%
1990$924,791.604.52%
1991$968,076.574.68%
1992$991,540.602.42%
1993$1,016,363.082.50%
1994$1,045,075.642.83%
1995$1,072,306.272.61%
1996$1,101,636.312.74%
1997$1,121,272.001.78%
1998$1,137,141.091.42%
1999$1,169,249.772.82%
2000$1,218,400.744.20%
2001$1,261,376.973.53%
2002$1,278,542.761.36%
2003$1,305,464.652.11%
2004$1,322,877.431.33%
2005$1,365,606.673.23%
2006$1,408,212.413.12%
2007$1,429,358.441.50%
2008$1,494,756.414.58%
2009$1,484,897.81-0.66%
2010$1,493,637.540.59%
2011$1,538,870.023.03%
2012$1,571,161.472.10%
2013$1,599,664.091.81%
2014$1,618,656.381.19%
2015$1,610,567.46-0.50%
2016$1,633,154.681.40%
2017$1,674,774.932.55%
2018$1,724,060.512.94%
2019$1,760,258.102.10%
2020$1,771,172.580.62%
2021$1,860,326.035.03%
2022$2,024,506.338.83%
2023$2,131,163.945.27%
2024$2,200,582.903.26%*

* 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 * $600,000 = $2,200,582.90

Therefore, according to U.S. Bureau of Labor Statistics, $600,000 in 1980 has the same "purchasing power" as $2,200,582.90 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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