Dallas, Texas prices: $2.83 in 1983 $8.45 in 2024

Inflation in Texas

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Prices in Dallas, 1983-2024 ($2.83)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 198.60% higher in 2024 versus 1983 (a $5.62 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, $2.83 in Dallas in the year 1983 would cost $8.45 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.81% 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 $2.83 since 1983

Below are calculations of equivalent buying power in Dallas, over time, for $2.83 beginning in 1983. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1983$2.833.66%
1984$2.964.70%
1985$3.073.75%
1986$3.131.75%
1987$3.212.49%
1988$3.302.91%
1989$3.402.99%
1990$3.554.52%
1991$3.724.68%
1992$3.812.42%
1993$3.902.50%
1994$4.012.83%
1995$4.122.61%
1996$4.232.74%
1997$4.311.78%
1998$4.371.42%
1999$4.492.82%
2000$4.684.20%
2001$4.843.53%
2002$4.911.36%
2003$5.012.11%
2004$5.081.33%
2005$5.243.23%
2006$5.413.12%
2007$5.491.50%
2008$5.744.58%
2009$5.70-0.66%
2010$5.740.59%
2011$5.913.03%
2012$6.032.10%
2013$6.141.81%
2014$6.221.19%
2015$6.18-0.50%
2016$6.271.40%
2017$6.432.55%
2018$6.622.94%
2019$6.762.10%
2020$6.800.62%
2021$7.145.03%
2022$7.778.83%
2023$8.185.27%
2024$8.453.26%*

* 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 * $2.83 = $8.45

Therefore, according to U.S. Bureau of Labor Statistics, $2.83 in 1983 has the same "purchasing power" as $8.45 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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