Dallas, Texas prices: $27,000,000 in 1985 $74,223,841.41 in 2024

Inflation in Texas

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Prices in Dallas, 1985-2024 ($27,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $47,223,841.41 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, $27,000,000 in Dallas in the year 1985 would cost $74,223,841.41 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
Educational books and supplies · New trucks · Fresh fruits · Chicago, Illinois · More

Buying power of $27,000,000.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $27,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$27,000,000.003.75%
1986$27,472,770.751.75%
1987$28,157,975.932.49%
1988$28,976,473.312.91%
1989$29,842,872.572.99%
1990$31,192,456.034.52%
1991$32,652,422.094.68%
1992$33,443,844.492.42%
1993$34,281,086.082.50%
1994$35,249,537.182.83%
1995$36,168,003.702.61%
1996$37,157,281.702.74%
1997$37,819,577.291.78%
1998$38,354,828.761.42%
1999$39,437,827.832.82%
2000$41,095,649.494.20%
2001$42,545,202.103.53%
2002$43,124,190.061.36%
2003$44,032,243.132.11%
2004$44,619,561.861.33%
2005$46,060,783.713.23%
2006$47,497,840.173.12%
2007$48,211,078.371.50%
2008$50,416,897.564.58%
2009$50,084,375.19-0.66%
2010$50,379,159.210.59%
2011$51,904,813.333.03%
2012$52,993,977.172.10%
2013$53,955,347.121.81%
2014$54,595,941.071.19%
2015$54,323,108.61-0.50%
2016$55,084,956.801.40%
2017$56,488,773.532.55%
2018$58,151,135.452.94%
2019$59,372,050.292.10%
2020$59,740,186.670.62%
2021$62,747,258.565.03%
2022$68,284,924.418.83%
2023$71,882,397.415.27%
2024$74,223,841.413.26%*

* 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 * $27,000,000 = $74,223,841.41

Therefore, according to U.S. Bureau of Labor Statistics, $27,000,000 in 1985 has the same "purchasing power" as $74,223,841.41 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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