Dallas, Texas prices: $1,000 in 1984 $2,843.67 in 2024

Inflation in Texas

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Prices in Dallas, 1984-2024 ($1,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 184.37% higher in 2024 versus 1984 (a $1,843.67 difference in value).

Between 1984 and 2024: Dallas experienced an average inflation rate of 2.65% per year. This rate of change indicates significant inflation. In other words, $1,000 in Dallas in the year 1984 would cost $2,843.67 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.77% during this same period, inflation in Dallas was lower.

In the year 1984: Pricing changed by 4.70%, which is above the average yearly change in Dallas during the 1984-2024 time period. Compared to inflation for all items in 1984 (4.30%), 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
Frankfurters · Gasoline (all types) · New York · Dallas-Fort Worth, Texas · More

Buying power of $1,000.00 since 1984

Below are calculations of equivalent buying power in Dallas, over time, for $1,000 beginning in 1984. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1984$1,000.004.70%
1985$1,037.453.75%
1986$1,055.621.75%
1987$1,081.952.49%
1988$1,113.402.91%
1989$1,146.692.99%
1990$1,198.544.52%
1991$1,254.644.68%
1992$1,285.052.42%
1993$1,317.222.50%
1994$1,354.432.83%
1995$1,389.722.61%
1996$1,427.742.74%
1997$1,453.191.78%
1998$1,473.751.42%
1999$1,515.362.82%
2000$1,579.074.20%
2001$1,634.763.53%
2002$1,657.011.36%
2003$1,691.902.11%
2004$1,714.471.33%
2005$1,769.853.23%
2006$1,825.063.12%
2007$1,852.471.50%
2008$1,937.234.58%
2009$1,924.45-0.66%
2010$1,935.780.59%
2011$1,994.403.03%
2012$2,036.252.10%
2013$2,073.191.81%
2014$2,097.801.19%
2015$2,087.32-0.50%
2016$2,116.591.40%
2017$2,170.532.55%
2018$2,234.412.94%
2019$2,281.322.10%
2020$2,295.470.62%
2021$2,411.015.03%
2022$2,623.798.83%
2023$2,762.025.27%
2024$2,843.672.96%*

* 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 1984 * 1984 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 104.133 in the year 1984 and 296.121 in 2024:

296.121 / 104.133 * $1,000 = $2,843.67

Therefore, according to U.S. Bureau of Labor Statistics, $1,000 in 1984 has the same "purchasing power" as $2,843.67 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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