Dallas, Texas prices: $3,000 in 1985 $8,247.09 in 2024

Inflation in Texas

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Prices in Dallas, 1985-2024 ($3,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $5,247.09 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, $3,000 in Dallas in the year 1985 would cost $8,247.09 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 $3,000.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $3,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$3,000.003.75%
1986$3,052.531.75%
1987$3,128.662.49%
1988$3,219.612.91%
1989$3,315.872.99%
1990$3,465.834.52%
1991$3,628.054.68%
1992$3,715.982.42%
1993$3,809.012.50%
1994$3,916.622.83%
1995$4,018.672.61%
1996$4,128.592.74%
1997$4,202.181.78%
1998$4,261.651.42%
1999$4,381.982.82%
2000$4,566.184.20%
2001$4,727.243.53%
2002$4,791.581.36%
2003$4,892.472.11%
2004$4,957.731.33%
2005$5,117.863.23%
2006$5,277.543.12%
2007$5,356.791.50%
2008$5,601.884.58%
2009$5,564.93-0.66%
2010$5,597.680.59%
2011$5,767.203.03%
2012$5,888.222.10%
2013$5,995.041.81%
2014$6,066.221.19%
2015$6,035.90-0.50%
2016$6,120.551.40%
2017$6,276.532.55%
2018$6,461.242.94%
2019$6,596.892.10%
2020$6,637.800.62%
2021$6,971.925.03%
2022$7,587.218.83%
2023$7,986.935.27%
2024$8,247.093.26%*

* 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 * $3,000 = $8,247.09

Therefore, according to U.S. Bureau of Labor Statistics, $3,000 in 1985 has the same "purchasing power" as $8,247.09 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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