Dallas, Texas prices: $6.96 in 1985 $19.13 in 2024

Inflation in Texas

$

Prices in Dallas, 1985-2024 ($6.96)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $12.17 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, $6.96 in Dallas in the year 1985 would cost $19.13 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
San Francisco, California · Bread · Indoor plants and flowers · Juices and nonalcoholic drinks · More

Buying power of $6.96 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $6.96 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$6.963.75%
1986$7.081.75%
1987$7.262.49%
1988$7.472.91%
1989$7.692.99%
1990$8.044.52%
1991$8.424.68%
1992$8.622.42%
1993$8.842.50%
1994$9.092.83%
1995$9.322.61%
1996$9.582.74%
1997$9.751.78%
1998$9.891.42%
1999$10.172.82%
2000$10.594.20%
2001$10.973.53%
2002$11.121.36%
2003$11.352.11%
2004$11.501.33%
2005$11.873.23%
2006$12.243.12%
2007$12.431.50%
2008$13.004.58%
2009$12.91-0.66%
2010$12.990.59%
2011$13.383.03%
2012$13.662.10%
2013$13.911.81%
2014$14.071.19%
2015$14.00-0.50%
2016$14.201.40%
2017$14.562.55%
2018$14.992.94%
2019$15.302.10%
2020$15.400.62%
2021$16.175.03%
2022$17.608.83%
2023$18.535.27%
2024$19.133.26%*

* 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 * $6.96 = $19.13

Therefore, according to U.S. Bureau of Labor Statistics, $6.96 in 1985 has the same "purchasing power" as $19.13 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.

» Read more about inflation and investment.