Dallas, Texas prices: $1,800,000 in 1985 $4,948,256.09 in 2024

Inflation in Texas

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Prices in Dallas, 1985-2024 ($1,800,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $3,148,256.09 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, $1,800,000 in Dallas in the year 1985 would cost $4,948,256.09 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 $1,800,000.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $1,800,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$1,800,000.003.75%
1986$1,831,518.051.75%
1987$1,877,198.402.49%
1988$1,931,764.892.91%
1989$1,989,524.842.99%
1990$2,079,497.074.52%
1991$2,176,828.144.68%
1992$2,229,589.632.42%
1993$2,285,405.742.50%
1994$2,349,969.152.83%
1995$2,411,200.252.61%
1996$2,477,152.112.74%
1997$2,521,305.151.78%
1998$2,556,988.581.42%
1999$2,629,188.522.82%
2000$2,739,709.974.20%
2001$2,836,346.813.53%
2002$2,874,946.001.36%
2003$2,935,482.882.11%
2004$2,974,637.461.33%
2005$3,070,718.913.23%
2006$3,166,522.683.12%
2007$3,214,071.891.50%
2008$3,361,126.504.58%
2009$3,338,958.35-0.66%
2010$3,358,610.610.59%
2011$3,460,320.893.03%
2012$3,532,931.812.10%
2013$3,597,023.141.81%
2014$3,639,729.401.19%
2015$3,621,540.57-0.50%
2016$3,672,330.451.40%
2017$3,765,918.242.55%
2018$3,876,742.362.94%
2019$3,958,136.692.10%
2020$3,982,679.110.62%
2021$4,183,150.575.03%
2022$4,552,328.298.83%
2023$4,792,159.835.27%
2024$4,948,256.093.26%*

* 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 * $1,800,000 = $4,948,256.09

Therefore, according to U.S. Bureau of Labor Statistics, $1,800,000 in 1985 has the same "purchasing power" as $4,948,256.09 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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