Dallas, Texas prices: $500 in 1982 $1,547.61 in 2024

Inflation in Texas

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Prices in Dallas, 1982-2024 ($500)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 209.52% higher in 2024 versus 1982 (a $1,047.61 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, $500 in Dallas in the year 1982 would cost $1,547.61 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
Dallas-Fort Worth, Texas · Dental services · Admission to sporting events · Public transportation · More

Buying power of $500.00 since 1982

Below are calculations of equivalent buying power in Dallas, over time, for $500 beginning in 1982. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1982$500.006.04%
1983$518.283.66%
1984$542.644.70%
1985$562.973.75%
1986$572.821.75%
1987$587.112.49%
1988$604.182.91%
1989$622.242.99%
1990$650.384.52%
1991$680.824.68%
1992$697.322.42%
1993$714.782.50%
1994$734.972.83%
1995$754.132.61%
1996$774.752.74%
1997$788.561.78%
1998$799.721.42%
1999$822.302.82%
2000$856.874.20%
2001$887.093.53%
2002$899.171.36%
2003$918.102.11%
2004$930.351.33%
2005$960.403.23%
2006$990.363.12%
2007$1,005.231.50%
2008$1,051.224.58%
2009$1,044.29-0.66%
2010$1,050.440.59%
2011$1,082.253.03%
2012$1,104.962.10%
2013$1,125.001.81%
2014$1,138.361.19%
2015$1,132.67-0.50%
2016$1,148.561.40%
2017$1,177.832.55%
2018$1,212.492.94%
2019$1,237.942.10%
2020$1,245.620.62%
2021$1,308.325.03%
2022$1,423.788.83%
2023$1,498.795.27%
2024$1,547.613.26%*

* 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 * $500 = $1,547.61

Therefore, according to U.S. Bureau of Labor Statistics, $500 in 1982 has the same "purchasing power" as $1,547.61 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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