Dallas, Texas prices: $24.95 in 1983 $74.28 in 2024

Inflation in Texas

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Prices in Dallas, 1983-2024 ($24.95)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 197.73% higher in 2024 versus 1983 (a $49.33 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, $24.95 in Dallas in the year 1983 would cost $74.28 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.80% 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 $24.95 since 1983

Below are calculations of equivalent buying power in Dallas, over time, for $24.95 beginning in 1983. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1983$24.953.66%
1984$26.124.70%
1985$27.103.75%
1986$27.581.75%
1987$28.262.49%
1988$29.082.91%
1989$29.952.99%
1990$31.314.52%
1991$32.774.68%
1992$33.572.42%
1993$34.412.50%
1994$35.382.83%
1995$36.302.61%
1996$37.302.74%
1997$37.961.78%
1998$38.501.42%
1999$39.592.82%
2000$41.254.20%
2001$42.703.53%
2002$43.291.36%
2003$44.202.11%
2004$44.791.33%
2005$46.233.23%
2006$47.683.12%
2007$48.391.50%
2008$50.614.58%
2009$50.27-0.66%
2010$50.570.59%
2011$52.103.03%
2012$53.192.10%
2013$54.161.81%
2014$54.801.19%
2015$54.53-0.50%
2016$55.291.40%
2017$56.702.55%
2018$58.372.94%
2019$59.592.10%
2020$59.960.62%
2021$62.985.03%
2022$68.548.83%
2023$72.155.27%
2024$74.282.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

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 296.121 in 2024:

296.121 / 99.458 * $24.95 = $74.28

Therefore, according to U.S. Bureau of Labor Statistics, $24.95 in 1983 has the same "purchasing power" as $74.28 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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