Dallas, Texas prices: $10,000,000 in 1985 $27,490,311.63 in 2024

Inflation in Texas

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Prices in Dallas, 1985-2024 ($10,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $17,490,311.63 difference in value).

Between 1985 and 2024: Dallas experienced an average inflation rate of 2.63% per year. This rate of change indicates significant inflation. In other words, $10,000,000 in Dallas in the year 1985 would cost $27,490,311.63 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.75% during this same period, inflation in Dallas was lower.

In the year 1985: Pricing changed by 3.75%, which is above the average yearly change in Dallas during the 1985-2024 time period. Compared to inflation for all items in 1985 (3.55%), 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 $10,000,000.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $10,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$10,000,000.003.75%
1986$10,175,100.281.75%
1987$10,428,879.982.49%
1988$10,732,027.152.91%
1989$11,052,915.772.99%
1990$11,552,761.494.52%
1991$12,093,489.664.68%
1992$12,386,609.072.42%
1993$12,696,698.552.50%
1994$13,055,384.142.83%
1995$13,395,556.932.61%
1996$13,761,956.192.74%
1997$14,007,250.851.78%
1998$14,205,492.131.42%
1999$14,606,602.902.82%
2000$15,220,610.924.20%
2001$15,757,482.263.53%
2002$15,971,922.251.36%
2003$16,308,238.202.11%
2004$16,525,763.651.33%
2005$17,059,549.523.23%
2006$17,591,792.663.12%
2007$17,855,954.951.50%
2008$18,672,925.024.58%
2009$18,549,768.59-0.66%
2010$18,658,947.860.59%
2011$19,224,004.943.03%
2012$19,627,398.952.10%
2013$19,983,461.891.81%
2014$20,220,718.911.19%
2015$20,119,669.85-0.50%
2016$20,401,835.851.40%
2017$20,921,767.972.55%
2018$21,537,457.572.94%
2019$21,989,648.262.10%
2020$22,125,995.060.62%
2021$23,239,725.395.03%
2022$25,290,712.748.83%
2023$26,623,110.155.27%
2024$27,490,311.633.26%*

* 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 1985 * 1985 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 108.033 in the year 1985 and 296.987 in 2024:

296.987 / 108.033 * $10,000,000 = $27,490,311.63

Therefore, according to U.S. Bureau of Labor Statistics, $10,000,000 in 1985 has the same "purchasing power" as $27,490,311.63 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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