Dallas, Texas prices: $1,000,000,000 in 1985 $2,749,031,163.22 in 2024

Inflation in Texas

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Prices in Dallas, 1985-2024 ($1,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $1,749,031,163.22 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, $1,000,000,000 in Dallas in the year 1985 would cost $2,749,031,163.22 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.76% 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 $1,000,000,000.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $1,000,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$1,000,000,000.003.75%
1986$1,017,510,027.771.75%
1987$1,042,887,997.532.49%
1988$1,073,202,715.212.91%
1989$1,105,291,576.672.99%
1990$1,155,276,149.344.52%
1991$1,209,348,966.374.68%
1992$1,238,660,907.132.42%
1993$1,269,669,854.982.50%
1994$1,305,538,414.072.83%
1995$1,339,555,692.692.61%
1996$1,376,195,618.642.74%
1997$1,400,725,084.851.78%
1998$1,420,549,213.211.42%
1999$1,460,660,290.032.82%
2000$1,522,061,092.264.20%
2001$1,575,748,225.863.53%
2002$1,597,192,224.621.36%
2003$1,630,823,819.812.11%
2004$1,652,576,365.321.33%
2005$1,705,954,952.183.23%
2006$1,759,179,265.663.12%
2007$1,785,595,495.221.50%
2008$1,867,292,502.314.58%
2009$1,854,976,858.99-0.66%
2010$1,865,894,785.560.59%
2011$1,922,400,493.673.03%
2012$1,962,739,895.092.10%
2013$1,998,346,189.451.81%
2014$2,022,071,891.391.19%
2015$2,011,966,985.50-0.50%
2016$2,040,183,585.311.40%
2017$2,092,176,797.282.55%
2018$2,153,745,757.482.94%
2019$2,198,964,825.672.10%
2020$2,212,599,506.330.62%
2021$2,323,972,539.345.03%
2022$2,529,071,274.308.83%
2023$2,662,311,015.125.27%
2024$2,749,031,163.223.26%*

* 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 * $1,000,000,000 = $2,749,031,163.22

Therefore, according to U.S. Bureau of Labor Statistics, $1,000,000,000 in 1985 has the same "purchasing power" as $2,749,031,163.22 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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