Dallas, Texas prices: $1,345 in 1985 $3,697.45 in 2024

Inflation in Texas

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Prices in Dallas, 1985-2024 ($1,345)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $2,352.45 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, $1,345 in Dallas in the year 1985 would cost $3,697.45 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 $1,345.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $1,345 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$1,345.003.75%
1986$1,368.551.75%
1987$1,402.682.49%
1988$1,443.462.91%
1989$1,486.622.99%
1990$1,553.854.52%
1991$1,626.574.68%
1992$1,666.002.42%
1993$1,707.712.50%
1994$1,755.952.83%
1995$1,801.702.61%
1996$1,850.982.74%
1997$1,883.981.78%
1998$1,910.641.42%
1999$1,964.592.82%
2000$2,047.174.20%
2001$2,119.383.53%
2002$2,148.221.36%
2003$2,193.462.11%
2004$2,222.721.33%
2005$2,294.513.23%
2006$2,366.103.12%
2007$2,401.631.50%
2008$2,511.514.58%
2009$2,494.94-0.66%
2010$2,509.630.59%
2011$2,585.633.03%
2012$2,639.892.10%
2013$2,687.781.81%
2014$2,719.691.19%
2015$2,706.10-0.50%
2016$2,744.051.40%
2017$2,813.982.55%
2018$2,896.792.94%
2019$2,957.612.10%
2020$2,975.950.62%
2021$3,125.745.03%
2022$3,401.608.83%
2023$3,580.815.27%
2024$3,697.453.26%*

* 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 * $1,345 = $3,697.45

Therefore, according to U.S. Bureau of Labor Statistics, $1,345 in 1985 has the same "purchasing power" as $3,697.45 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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