Dallas, Texas prices: $7,800 in 1983 $23,291.15 in 2024

Inflation in Texas

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Prices in Dallas, 1983-2024 ($7,800)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 198.60% higher in 2024 versus 1983 (a $15,491.15 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, $7,800 in Dallas in the year 1983 would cost $23,291.15 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%).

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Buying power of $7,800.00 since 1983

Below are calculations of equivalent buying power in Dallas, over time, for $7,800 beginning in 1983. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1983$7,800.003.66%
1984$8,166.644.70%
1985$8,472.493.75%
1986$8,620.851.75%
1987$8,835.862.49%
1988$9,092.702.91%
1989$9,364.572.99%
1990$9,788.074.52%
1991$10,246.204.68%
1992$10,494.552.42%
1993$10,757.272.50%
1994$11,061.162.83%
1995$11,349.382.61%
1996$11,659.812.74%
1997$11,867.631.78%
1998$12,035.591.42%
1999$12,375.432.82%
2000$12,895.654.20%
2001$13,350.523.53%
2002$13,532.201.36%
2003$13,817.142.11%
2004$14,001.441.33%
2005$14,453.693.23%
2006$14,904.633.12%
2007$15,128.441.50%
2008$15,820.624.58%
2009$15,716.28-0.66%
2010$15,808.780.59%
2011$16,287.523.03%
2012$16,629.302.10%
2013$16,930.971.81%
2014$17,131.991.19%
2015$17,046.38-0.50%
2016$17,285.441.40%
2017$17,725.952.55%
2018$18,247.602.94%
2019$18,630.712.10%
2020$18,746.230.62%
2021$19,689.845.03%
2022$21,427.548.83%
2023$22,556.415.27%
2024$23,291.153.26%*

* 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 * $7,800 = $23,291.15

Therefore, according to U.S. Bureau of Labor Statistics, $7,800 in 1983 has the same "purchasing power" as $23,291.15 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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