Dallas, Texas prices: $53,500,000 in 1984 $152,581,349.23 in 2024

Inflation in Texas

$

Prices in Dallas, 1984-2024 ($53,500,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 185.20% higher in 2024 versus 1984 (a $99,081,349.23 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, $53,500,000 in Dallas in the year 1984 would cost $152,581,349.23 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.78% 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
Alcoholic beverages · Philadelphia, Pennsylvania · Jewelry · Educational books and supplies · More

Buying power of $53,500,000.00 since 1984

Below are calculations of equivalent buying power in Dallas, over time, for $53,500,000 beginning in 1984. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1984$53,500,000.004.70%
1985$55,503,681.183.75%
1986$56,475,552.181.75%
1987$57,884,122.922.49%
1988$59,566,701.342.91%
1989$61,347,751.282.99%
1990$64,122,079.074.52%
1991$67,123,319.464.68%
1992$68,750,240.082.42%
1993$70,471,350.832.50%
1994$72,462,187.902.83%
1995$74,350,272.092.61%
1996$76,383,922.862.74%
1997$77,745,398.531.78%
1998$78,845,710.631.42%
1999$81,072,023.052.82%
2000$84,479,993.604.20%
2001$87,459,827.143.53%
2002$88,650,048.021.36%
2003$90,516,725.352.11%
2004$91,724,071.701.33%
2005$94,686,779.773.23%
2006$97,640,925.103.12%
2007$99,107,123.081.50%
2008$103,641,607.714.58%
2009$102,958,044.17-0.66%
2010$103,564,029.290.59%
2011$106,700,304.103.03%
2012$108,939,289.372.10%
2013$110,915,569.781.81%
2014$112,232,433.581.19%
2015$111,671,574.10-0.50%
2016$113,237,699.261.40%
2017$116,123,513.922.55%
2018$119,540,817.862.94%
2019$122,050,642.612.10%
2020$122,807,417.570.62%
2021$128,989,030.895.03%
2022$140,372,765.698.83%
2023$147,768,061.785.27%
2024$152,581,349.233.26%*

* 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 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 296.987 in 2024:

296.987 / 104.133 * $53,500,000 = $152,581,349.23

Therefore, according to U.S. Bureau of Labor Statistics, $53,500,000 in 1984 has the same "purchasing power" as $152,581,349.23 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.

» Read more about inflation and investment.