Dallas, Texas prices: $16,500 in 1983 $49,269.73 in 2024

Inflation in Texas

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Prices in Dallas, 1983-2024 ($16,500)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 198.60% higher in 2024 versus 1983 (a $32,769.73 difference in value).

Between 1983 and 2024: Dallas experienced an average inflation rate of 2.70% per year. This rate of change indicates significant inflation. In other words, $16,500 in Dallas in the year 1983 would cost $49,269.73 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 1983: Pricing changed by 3.66%, which is above the average yearly change in Dallas during the 1983-2024 time period. Compared to inflation for all items in 1983 (3.21%), 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 $16,500.00 since 1983

Below are calculations of equivalent buying power in Dallas, over time, for $16,500 beginning in 1983. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1983$16,500.003.66%
1984$17,275.584.70%
1985$17,922.583.75%
1986$18,236.411.75%
1987$18,691.242.49%
1988$19,234.562.91%
1989$19,809.682.99%
1990$20,705.534.52%
1991$21,674.654.68%
1992$22,200.002.42%
1993$22,755.762.50%
1994$23,398.622.83%
1995$24,008.292.61%
1996$24,664.982.74%
1997$25,104.611.78%
1998$25,459.911.42%
1999$26,178.802.82%
2000$27,279.264.20%
2001$28,241.473.53%
2002$28,625.811.36%
2003$29,228.572.11%
2004$29,618.431.33%
2005$30,575.123.23%
2006$31,529.033.12%
2007$32,002.481.50%
2008$33,466.704.58%
2009$33,245.97-0.66%
2010$33,441.650.59%
2011$34,454.383.03%
2012$35,177.362.10%
2013$35,815.521.81%
2014$36,240.751.19%
2015$36,059.64-0.50%
2016$36,565.351.40%
2017$37,497.212.55%
2018$38,600.682.94%
2019$39,411.122.10%
2020$39,655.490.62%
2021$41,651.595.03%
2022$45,327.488.83%
2023$47,715.485.27%
2024$49,269.733.26%*

* 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 1983 * 1983 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 99.458 in the year 1983 and 296.987 in 2024:

296.987 / 99.458 * $16,500 = $49,269.73

Therefore, according to U.S. Bureau of Labor Statistics, $16,500 in 1983 has the same "purchasing power" as $49,269.73 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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