Dallas, Texas prices: $20,000,000 in 1985 $54,980,623.26 in 2024

Inflation in Texas

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Prices in Dallas, 1985-2024 ($20,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $34,980,623.26 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, $20,000,000 in Dallas in the year 1985 would cost $54,980,623.26 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 $20,000,000.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $20,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$20,000,000.003.75%
1986$20,350,200.561.75%
1987$20,857,759.952.49%
1988$21,464,054.302.91%
1989$22,105,831.532.99%
1990$23,105,522.994.52%
1991$24,186,979.334.68%
1992$24,773,218.142.42%
1993$25,393,397.102.50%
1994$26,110,768.282.83%
1995$26,791,113.852.61%
1996$27,523,912.372.74%
1997$28,014,501.701.78%
1998$28,410,984.261.42%
1999$29,213,205.802.82%
2000$30,441,221.854.20%
2001$31,514,964.523.53%
2002$31,943,844.491.36%
2003$32,616,476.402.11%
2004$33,051,527.311.33%
2005$34,119,099.043.23%
2006$35,183,585.313.12%
2007$35,711,909.901.50%
2008$37,345,850.054.58%
2009$37,099,537.18-0.66%
2010$37,317,895.710.59%
2011$38,448,009.873.03%
2012$39,254,797.902.10%
2013$39,966,923.791.81%
2014$40,441,437.831.19%
2015$40,239,339.71-0.50%
2016$40,803,671.711.40%
2017$41,843,535.952.55%
2018$43,074,915.152.94%
2019$43,979,296.512.10%
2020$44,251,990.130.62%
2021$46,479,450.795.03%
2022$50,581,425.498.83%
2023$53,246,220.305.27%
2024$54,980,623.263.26%*

* 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 * $20,000,000 = $54,980,623.26

Therefore, according to U.S. Bureau of Labor Statistics, $20,000,000 in 1985 has the same "purchasing power" as $54,980,623.26 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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