Dallas, Texas prices: $360,000 in 1983 $1,071,841.41 in 2024

Inflation in Texas

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Prices in Dallas, 1983-2024 ($360,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 197.73% higher in 2024 versus 1983 (a $711,841.41 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, $360,000 in Dallas in the year 1983 would cost $1,071,841.41 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 $360,000.00 since 1983

Below are calculations of equivalent buying power in Dallas, over time, for $360,000 beginning in 1983. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1983$360,000.003.66%
1984$376,921.664.70%
1985$391,038.123.75%
1986$397,885.211.75%
1987$407,808.972.49%
1988$419,663.182.91%
1989$432,211.142.99%
1990$451,757.024.52%
1991$472,901.554.68%
1992$484,363.642.42%
1993$496,489.322.50%
1994$510,515.292.83%
1995$523,817.342.61%
1996$538,144.952.74%
1997$547,736.911.78%
1998$555,488.901.42%
1999$571,173.862.82%
2000$595,183.914.20%
2001$616,177.633.53%
2002$624,563.051.36%
2003$637,714.292.11%
2004$646,220.361.33%
2005$667,093.423.23%
2006$687,906.163.12%
2007$698,235.911.50%
2008$730,182.564.58%
2009$725,366.67-0.66%
2010$729,635.990.59%
2011$751,731.883.03%
2012$767,506.122.10%
2013$781,429.541.81%
2014$790,707.201.19%
2015$786,755.79-0.50%
2016$797,789.561.40%
2017$818,120.892.55%
2018$842,196.702.94%
2019$859,879.082.10%
2020$865,210.760.62%
2021$908,761.865.03%
2022$988,963.288.83%
2023$1,041,065.105.27%
2024$1,071,841.412.96%*

* 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 * $360,000 = $1,071,841.41

Therefore, according to U.S. Bureau of Labor Statistics, $360,000 in 1983 has the same "purchasing power" as $1,071,841.41 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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