Dallas, Texas prices: $980 in 1980 $3,594.29 in 2024

Inflation in Texas

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Prices in Dallas, 1980-2024 ($980)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 266.76% higher in 2024 versus 1980 (a $2,614.29 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, $980 in Dallas in the year 1980 would cost $3,594.29 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.07% 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 $980.00 since 1980

Below are calculations of equivalent buying power in Dallas, over time, for $980 beginning in 1980. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1980$980.0016.95%
1981$1,095.0711.74%
1982$1,161.236.04%
1983$1,203.693.66%
1984$1,260.274.70%
1985$1,307.473.75%
1986$1,330.371.75%
1987$1,363.552.49%
1988$1,403.182.91%
1989$1,445.142.99%
1990$1,510.494.52%
1991$1,581.194.68%
1992$1,619.522.42%
1993$1,660.062.50%
1994$1,706.962.83%
1995$1,751.432.61%
1996$1,799.342.74%
1997$1,831.411.78%
1998$1,857.331.42%
1999$1,909.772.82%
2000$1,990.054.20%
2001$2,060.253.53%
2002$2,088.291.36%
2003$2,132.262.11%
2004$2,160.701.33%
2005$2,230.493.23%
2006$2,300.083.12%
2007$2,334.621.50%
2008$2,441.444.58%
2009$2,425.33-0.66%
2010$2,439.610.59%
2011$2,513.493.03%
2012$2,566.232.10%
2013$2,612.781.81%
2014$2,643.811.19%
2015$2,630.59-0.50%
2016$2,667.491.40%
2017$2,735.472.55%
2018$2,815.972.94%
2019$2,875.092.10%
2020$2,892.920.62%
2021$3,038.535.03%
2022$3,306.698.83%
2023$3,480.905.27%
2024$3,594.293.26%*

* 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 * $980 = $3,594.29

Therefore, according to U.S. Bureau of Labor Statistics, $980 in 1980 has the same "purchasing power" as $3,594.29 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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