Dallas, Texas prices: $5,023.11 in 1985 $13,867.38 in 2024

Inflation in Texas

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Prices in Dallas, 1985-2024 ($5,023.11)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 176.07% higher in 2024 versus 1985 (a $8,844.27 difference in value).

Between 1985 and 2024: Dallas experienced an average inflation rate of 2.64% per year. This rate of change indicates significant inflation. In other words, $5,023.11 in Dallas in the year 1985 would cost $13,867.38 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.77% 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 $5,023.11 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $5,023.11 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$5,023.113.75%
1986$5,111.061.75%
1987$5,238.542.49%
1988$5,390.822.91%
1989$5,552.002.99%
1990$5,803.084.52%
1991$6,074.694.68%
1992$6,221.932.42%
1993$6,377.692.50%
1994$6,557.862.83%
1995$6,728.742.61%
1996$6,912.782.74%
1997$7,036.001.78%
1998$7,135.571.42%
1999$7,337.062.82%
2000$7,645.484.20%
2001$7,915.163.53%
2002$8,022.871.36%
2003$8,191.812.11%
2004$8,301.071.33%
2005$8,569.203.23%
2006$8,836.553.12%
2007$8,969.241.50%
2008$9,379.624.58%
2009$9,317.75-0.66%
2010$9,372.590.59%
2011$9,656.433.03%
2012$9,859.062.10%
2013$10,037.911.81%
2014$10,157.091.19%
2015$10,106.33-0.50%
2016$10,248.071.40%
2017$10,509.232.55%
2018$10,818.502.94%
2019$11,045.642.10%
2020$11,114.130.62%
2021$11,673.575.03%
2022$12,703.808.83%
2023$13,373.085.27%
2024$13,867.383.70%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.249

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 298.249 in 2024:

298.249 / 108.033 * $5,023.11 = $13,867.38

Therefore, according to U.S. Bureau of Labor Statistics, $5,023.11 in 1985 has the same "purchasing power" as $13,867.38 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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