Dallas, Texas prices: $32,500,000 in 1983 $97,046,443.23 in 2024

Inflation in Texas

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Prices in Dallas, 1983-2024 ($32,500,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 198.60% higher in 2024 versus 1983 (a $64,546,443.23 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, $32,500,000 in Dallas in the year 1983 would cost $97,046,443.23 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 $32,500,000.00 since 1983

Below are calculations of equivalent buying power in Dallas, over time, for $32,500,000 beginning in 1983. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1983$32,500,000.003.66%
1984$34,027,649.774.70%
1985$35,302,052.793.75%
1986$35,920,192.711.75%
1987$36,816,087.142.49%
1988$37,886,258.902.91%
1989$39,019,061.582.99%
1990$40,783,619.614.52%
1991$42,692,501.054.68%
1992$43,727,272.732.42%
1993$44,821,952.242.50%
1994$46,088,186.012.83%
1995$47,289,065.772.61%
1996$48,582,530.372.74%
1997$49,448,470.881.78%
1998$50,148,303.311.42%
1999$51,564,306.662.82%
2000$53,731,881.024.20%
2001$55,627,147.053.53%
2002$56,384,164.221.36%
2003$57,571,428.572.11%
2004$58,339,338.081.33%
2005$60,223,711.773.23%
2006$62,102,639.303.12%
2007$63,035,186.431.50%
2008$65,919,258.484.58%
2009$65,484,490.99-0.66%
2010$65,869,916.210.59%
2011$67,864,683.703.03%
2012$69,288,747.382.10%
2013$70,545,722.661.81%
2014$71,383,288.651.19%
2015$71,026,564.73-0.50%
2016$72,022,668.621.40%
2017$73,858,135.742.55%
2018$76,031,646.422.94%
2019$77,627,972.352.10%
2020$78,109,304.570.62%
2021$82,041,001.265.03%
2022$89,281,407.628.83%
2023$93,985,043.995.27%
2024$97,046,443.233.26%*

* 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 * $32,500,000 = $97,046,443.23

Therefore, according to U.S. Bureau of Labor Statistics, $32,500,000 in 1983 has the same "purchasing power" as $97,046,443.23 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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