Dallas, Texas prices: $500,000,000 in 1985 $1,374,515,581.61 in 2024

Inflation in Texas

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Prices in Dallas, 1985-2024 ($500,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $874,515,581.61 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, $500,000,000 in Dallas in the year 1985 would cost $1,374,515,581.61 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
Televisions · Public transportation · Educational books and supplies · Fresh fruits · More

Buying power of $500,000,000.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $500,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$500,000,000.003.75%
1986$508,755,013.881.75%
1987$521,443,998.772.49%
1988$536,601,357.612.91%
1989$552,645,788.342.99%
1990$577,638,074.674.52%
1991$604,674,483.184.68%
1992$619,330,453.562.42%
1993$634,834,927.492.50%
1994$652,769,207.032.83%
1995$669,777,846.342.61%
1996$688,097,809.322.74%
1997$700,362,542.431.78%
1998$710,274,606.601.42%
1999$730,330,145.022.82%
2000$761,030,546.134.20%
2001$787,874,112.933.53%
2002$798,596,112.311.36%
2003$815,411,909.902.11%
2004$826,288,182.661.33%
2005$852,977,476.093.23%
2006$879,589,632.833.12%
2007$892,797,747.611.50%
2008$933,646,251.164.58%
2009$927,488,429.50-0.66%
2010$932,947,392.780.59%
2011$961,200,246.843.03%
2012$981,369,947.552.10%
2013$999,173,094.721.81%
2014$1,011,035,945.701.19%
2015$1,005,983,492.75-0.50%
2016$1,020,091,792.661.40%
2017$1,046,088,398.642.55%
2018$1,076,872,878.742.94%
2019$1,099,482,412.842.10%
2020$1,106,299,753.160.62%
2021$1,161,986,269.675.03%
2022$1,264,535,637.158.83%
2023$1,331,155,507.565.27%
2024$1,374,515,581.613.26%*

* 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 * $500,000,000 = $1,374,515,581.61

Therefore, according to U.S. Bureau of Labor Statistics, $500,000,000 in 1985 has the same "purchasing power" as $1,374,515,581.61 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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