Dallas, Texas prices: $13,500,000 in 1985 $37,111,920.70 in 2024

Inflation in Texas

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Prices in Dallas, 1985-2024 ($13,500,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $23,611,920.70 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, $13,500,000 in Dallas in the year 1985 would cost $37,111,920.70 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 $13,500,000.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $13,500,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$13,500,000.003.75%
1986$13,736,385.371.75%
1987$14,078,987.972.49%
1988$14,488,236.662.91%
1989$14,921,436.292.99%
1990$15,596,228.024.52%
1991$16,326,211.054.68%
1992$16,721,922.252.42%
1993$17,140,543.042.50%
1994$17,624,768.592.83%
1995$18,084,001.852.61%
1996$18,578,640.852.74%
1997$18,909,788.651.78%
1998$19,177,414.381.42%
1999$19,718,913.922.82%
2000$20,547,824.754.20%
2001$21,272,601.053.53%
2002$21,562,095.031.36%
2003$22,016,121.572.11%
2004$22,309,780.931.33%
2005$23,030,391.853.23%
2006$23,748,920.093.12%
2007$24,105,539.191.50%
2008$25,208,448.784.58%
2009$25,042,187.60-0.66%
2010$25,189,579.610.59%
2011$25,952,406.663.03%
2012$26,496,988.582.10%
2013$26,977,673.561.81%
2014$27,297,970.531.19%
2015$27,161,554.30-0.50%
2016$27,542,478.401.40%
2017$28,244,386.762.55%
2018$29,075,567.732.94%
2019$29,686,025.152.10%
2020$29,870,093.340.62%
2021$31,373,629.285.03%
2022$34,142,462.208.83%
2023$35,941,198.705.27%
2024$37,111,920.703.26%*

* 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 * $13,500,000 = $37,111,920.70

Therefore, according to U.S. Bureau of Labor Statistics, $13,500,000 in 1985 has the same "purchasing power" as $37,111,920.70 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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