Dallas, Texas prices: $48,000,000 in 1981 $157,546,981.03 in 2024

Inflation in Texas

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Prices in Dallas, 1981-2024 ($48,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 228.22% higher in 2024 versus 1981 (a $109,546,981.03 difference in value).

Between 1981 and 2024: Dallas experienced an average inflation rate of 2.80% per year. This rate of change indicates significant inflation. In other words, $48,000,000 in Dallas in the year 1981 would cost $157,546,981.03 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.90% during this same period, inflation in Dallas was lower.

In the year 1981: Pricing changed by 11.74%, which is significantly above the average yearly change in Dallas during the 1981-2024 time period. Compared to inflation for all items in 1981 (10.33%), inflation in Dallas was 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 $48,000,000.00 since 1981

Below are calculations of equivalent buying power in Dallas, over time, for $48,000,000 beginning in 1981. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1981$48,000,000.0011.74%
1982$50,899,981.586.04%
1983$52,761,097.813.66%
1984$55,241,112.544.70%
1985$57,310,001.843.75%
1986$58,313,501.571.75%
1987$59,767,913.062.49%
1988$61,505,249.592.91%
1989$63,344,262.302.99%
1990$66,208,878.254.52%
1991$69,307,791.494.68%
1992$70,987,658.872.42%
1993$72,764,781.732.50%
1994$74,820,408.922.83%
1995$76,769,939.222.61%
1996$78,869,773.442.74%
1997$80,275,557.191.78%
1998$81,411,678.031.42%
1999$83,710,443.912.82%
2000$87,229,324.004.20%
2001$90,306,133.733.53%
2002$91,535,089.341.36%
2003$93,462,516.122.11%
2004$94,709,154.541.33%
2005$97,768,281.453.23%
2006$100,818,566.963.12%
2007$102,332,481.121.50%
2008$107,014,536.754.58%
2009$106,308,727.21-0.66%
2010$106,934,433.600.59%
2011$110,172,775.833.03%
2012$112,484,627.002.10%
2013$114,525,223.801.81%
2014$115,884,943.821.19%
2015$115,305,831.64-0.50%
2016$116,922,925.031.40%
2017$119,902,656.112.55%
2018$123,431,173.332.94%
2019$126,022,678.212.10%
2020$126,804,081.780.62%
2021$133,186,870.515.03%
2022$144,941,079.398.83%
2023$152,577,049.185.27%
2024$157,546,981.033.26%*

* 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 1981 * 1981 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 90.483 in the year 1981 and 296.987 in 2024:

296.987 / 90.483 * $48,000,000 = $157,546,981.03

Therefore, according to U.S. Bureau of Labor Statistics, $48,000,000 in 1981 has the same "purchasing power" as $157,546,981.03 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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