Dallas, Texas prices: $7,622 in 1980 $27,954.74 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($7,622)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $20,332.74 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, $7,622 in Dallas in the year 1980 would cost $27,954.74 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
New trucks · Milk · Medical care · Fresh fruits · More

Buying power of $7,622.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $7,622 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$7,622.0016.95%
1981$8,517.0011.74%
1982$9,031.566.04%
1983$9,361.803.66%
1984$9,801.844.70%
1985$10,168.943.75%
1986$10,347.001.75%
1987$10,605.072.49%
1988$10,913.342.91%
1989$11,239.652.99%
1990$11,747.944.52%
1991$12,297.804.68%
1992$12,595.872.42%
1993$12,911.202.50%
1994$13,275.942.83%
1995$13,621.862.61%
1996$13,994.452.74%
1997$14,243.891.78%
1998$14,445.481.42%
1999$14,853.372.82%
2000$15,477.754.20%
2001$16,023.693.53%
2002$16,241.751.36%
2003$16,583.752.11%
2004$16,804.951.33%
2005$17,347.763.23%
2006$17,888.993.12%
2007$18,157.621.50%
2008$18,988.394.58%
2009$18,863.15-0.66%
2010$18,974.180.59%
2011$19,548.783.03%
2012$19,958.992.10%
2013$20,321.071.81%
2014$20,562.331.19%
2015$20,459.58-0.50%
2016$20,746.511.40%
2017$21,275.222.55%
2018$21,901.322.94%
2019$22,361.152.10%
2020$22,499.800.62%
2021$23,632.345.03%
2022$25,717.988.83%
2023$27,072.895.27%
2024$27,954.743.26%*

* 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 * $7,622 = $27,954.74

Therefore, according to U.S. Bureau of Labor Statistics, $7,622 in 1980 has the same "purchasing power" as $27,954.74 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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