Dallas, Texas prices: $16,000 in 1985 $43,984.50 in 2024

Inflation in Texas

$

Prices in Dallas, 1985-2024 ($16,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $27,984.50 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, $16,000 in Dallas in the year 1985 would cost $43,984.50 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
Milk · Admission to sporting events · Seattle, Washington · Educational books and supplies · More

Buying power of $16,000.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $16,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$16,000.003.75%
1986$16,280.161.75%
1987$16,686.212.49%
1988$17,171.242.91%
1989$17,684.672.99%
1990$18,484.424.52%
1991$19,349.584.68%
1992$19,818.572.42%
1993$20,314.722.50%
1994$20,888.612.83%
1995$21,432.892.61%
1996$22,019.132.74%
1997$22,411.601.78%
1998$22,728.791.42%
1999$23,370.562.82%
2000$24,352.984.20%
2001$25,211.973.53%
2002$25,555.081.36%
2003$26,093.182.11%
2004$26,441.221.33%
2005$27,295.283.23%
2006$28,146.873.12%
2007$28,569.531.50%
2008$29,876.684.58%
2009$29,679.63-0.66%
2010$29,854.320.59%
2011$30,758.413.03%
2012$31,403.842.10%
2013$31,973.541.81%
2014$32,353.151.19%
2015$32,191.47-0.50%
2016$32,642.941.40%
2017$33,474.832.55%
2018$34,459.932.94%
2019$35,183.442.10%
2020$35,401.590.62%
2021$37,183.565.03%
2022$40,465.148.83%
2023$42,596.985.27%
2024$43,984.503.26%*

* 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 * $16,000 = $43,984.50

Therefore, according to U.S. Bureau of Labor Statistics, $16,000 in 1985 has the same "purchasing power" as $43,984.50 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.