Dallas, Texas prices: $60,000,000 in 1985 $164,941,869.79 in 2024

Inflation in Texas

$

Prices in Dallas, 1985-2024 ($60,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $104,941,869.79 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, $60,000,000 in Dallas in the year 1985 would cost $164,941,869.79 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
Bread · Juices and nonalcoholic drinks · Housing · Rent of primary residence · More

Buying power of $60,000,000.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $60,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$60,000,000.003.75%
1986$61,050,601.671.75%
1987$62,573,279.852.49%
1988$64,392,162.912.91%
1989$66,317,494.602.99%
1990$69,316,568.964.52%
1991$72,560,937.984.68%
1992$74,319,654.432.42%
1993$76,180,191.302.50%
1994$78,332,304.842.83%
1995$80,373,341.562.61%
1996$82,571,737.122.74%
1997$84,043,505.091.78%
1998$85,232,952.791.42%
1999$87,639,617.402.82%
2000$91,323,665.544.20%
2001$94,544,893.553.53%
2002$95,831,533.481.36%
2003$97,849,429.192.11%
2004$99,154,581.921.33%
2005$102,357,297.133.23%
2006$105,550,755.943.12%
2007$107,135,729.711.50%
2008$112,037,550.144.58%
2009$111,298,611.54-0.66%
2010$111,953,687.130.59%
2011$115,344,029.623.03%
2012$117,764,393.712.10%
2013$119,900,771.371.81%
2014$121,324,313.481.19%
2015$120,718,019.13-0.50%
2016$122,411,015.121.40%
2017$125,530,607.842.55%
2018$129,224,745.452.94%
2019$131,937,889.542.10%
2020$132,755,970.380.62%
2021$139,438,352.365.03%
2022$151,744,276.468.83%
2023$159,738,660.915.27%
2024$164,941,869.793.26%*

* 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 * $60,000,000 = $164,941,869.79

Therefore, according to U.S. Bureau of Labor Statistics, $60,000,000 in 1985 has the same "purchasing power" as $164,941,869.79 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.