Dallas, Texas prices: $31,302 in 1985 $86,050.17 in 2024

Inflation in Texas

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Prices in Dallas, 1985-2024 ($31,302)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $54,748.17 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, $31,302 in Dallas in the year 1985 would cost $86,050.17 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
Frankfurters · Houston, Texas · Chicago, Illinois · New trucks · More

Buying power of $31,302.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $31,302 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$31,302.003.75%
1986$31,850.101.75%
1987$32,644.482.49%
1988$33,593.392.91%
1989$34,597.842.99%
1990$36,162.454.52%
1991$37,855.044.68%
1992$38,772.562.42%
1993$39,743.212.50%
1994$40,865.962.83%
1995$41,930.772.61%
1996$43,077.682.74%
1997$43,845.501.78%
1998$44,466.031.42%
1999$45,721.592.82%
2000$47,643.564.20%
2001$49,324.073.53%
2002$49,995.311.36%
2003$51,048.052.11%
2004$51,728.951.33%
2005$53,399.803.23%
2006$55,065.833.12%
2007$55,892.711.50%
2008$58,449.994.58%
2009$58,064.49-0.66%
2010$58,406.240.59%
2011$60,174.983.03%
2012$61,437.682.10%
2013$62,552.231.81%
2014$63,294.891.19%
2015$62,978.59-0.50%
2016$63,861.831.40%
2017$65,489.322.55%
2018$67,416.552.94%
2019$68,832.002.10%
2020$69,258.790.62%
2021$72,744.995.03%
2022$79,164.998.83%
2023$83,335.665.27%
2024$86,050.173.26%*

* 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 * $31,302 = $86,050.17

Therefore, according to U.S. Bureau of Labor Statistics, $31,302 in 1985 has the same "purchasing power" as $86,050.17 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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