Dallas, Texas prices: $8,000 in 1980 $29,341.11 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($8,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $21,341.11 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, $8,000 in Dallas in the year 1980 would cost $29,341.11 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 $8,000.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $8,000 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$8,000.0016.95%
1981$8,939.3811.74%
1982$9,479.476.04%
1983$9,826.083.66%
1984$10,287.954.70%
1985$10,673.253.75%
1986$10,860.141.75%
1987$11,131.012.49%
1988$11,454.562.91%
1989$11,797.062.99%
1990$12,330.554.52%
1991$12,907.694.68%
1992$13,220.542.42%
1993$13,551.512.50%
1994$13,934.342.83%
1995$14,297.422.61%
1996$14,688.482.74%
1997$14,950.291.78%
1998$15,161.881.42%
1999$15,590.002.82%
2000$16,245.344.20%
2001$16,818.363.53%
2002$17,047.241.36%
2003$17,406.202.11%
2004$17,638.371.33%
2005$18,208.093.23%
2006$18,776.173.12%
2007$19,058.111.50%
2008$19,930.094.58%
2009$19,798.64-0.66%
2010$19,915.170.59%
2011$20,518.273.03%
2012$20,948.822.10%
2013$21,328.851.81%
2014$21,582.091.19%
2015$21,474.23-0.50%
2016$21,775.401.40%
2017$22,330.332.55%
2018$22,987.472.94%
2019$23,470.112.10%
2020$23,615.630.62%
2021$24,804.355.03%
2022$26,993.428.83%
2023$28,415.525.27%
2024$29,341.113.26%*

* 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 * $8,000 = $29,341.11

Therefore, according to U.S. Bureau of Labor Statistics, $8,000 in 1980 has the same "purchasing power" as $29,341.11 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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