Dallas, Texas prices: $20,000 in 1982 $61,904.53 in 2024

Inflation in Texas

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Prices in Dallas, 1982-2024 ($20,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 209.52% higher in 2024 versus 1982 (a $41,904.53 difference in value).

Between 1982 and 2024: Dallas experienced an average inflation rate of 2.73% per year. This rate of change indicates significant inflation. In other words, $20,000 in Dallas in the year 1982 would cost $61,904.53 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.82% during this same period, inflation in Dallas was lower.

In the year 1982: Pricing changed by 6.04%, which is significantly above the average yearly change in Dallas during the 1982-2024 time period. Compared to inflation for all items in 1982 (6.13%), inflation in Dallas was lower.

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 $20,000.00 since 1982

Below are calculations of equivalent buying power in Dallas, over time, for $20,000 beginning in 1982. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1982$20,000.006.04%
1983$20,731.283.66%
1984$21,705.754.70%
1985$22,518.673.75%
1986$22,912.981.75%
1987$23,484.452.49%
1988$24,167.102.91%
1989$24,889.702.99%
1990$26,015.294.52%
1991$27,232.934.68%
1992$27,893.002.42%
1993$28,591.282.50%
1994$29,398.992.83%
1995$30,165.022.61%
1996$30,990.102.74%
1997$31,542.471.78%
1998$31,988.881.42%
1999$32,892.132.82%
2000$34,274.804.20%
2001$35,483.763.53%
2002$35,966.651.36%
2003$36,723.992.11%
2004$37,213.831.33%
2005$38,415.843.23%
2006$39,614.383.12%
2007$40,209.241.50%
2008$42,048.954.58%
2009$41,771.62-0.66%
2010$42,017.470.59%
2011$43,289.913.03%
2012$44,198.302.10%
2013$45,000.101.81%
2014$45,534.381.19%
2015$45,306.83-0.50%
2016$45,942.231.40%
2017$47,113.042.55%
2018$48,499.502.94%
2019$49,517.772.10%
2020$49,824.800.62%
2021$52,332.785.03%
2022$56,951.338.83%
2023$59,951.715.27%
2024$61,904.533.26%*

* 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 1982 * 1982 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 95.950 in the year 1982 and 296.987 in 2024:

296.987 / 95.950 * $20,000 = $61,904.53

Therefore, according to U.S. Bureau of Labor Statistics, $20,000 in 1982 has the same "purchasing power" as $61,904.53 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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