Dallas, Texas prices: $6,995 in 1985 $19,229.47 in 2024

Inflation in Texas

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Prices in Dallas, 1985-2024 ($6,995)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $12,234.47 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, $6,995 in Dallas in the year 1985 would cost $19,229.47 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
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Buying power of $6,995.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $6,995 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$6,995.003.75%
1986$7,117.481.75%
1987$7,295.002.49%
1988$7,507.052.91%
1989$7,731.512.99%
1990$8,081.164.52%
1991$8,459.404.68%
1992$8,664.432.42%
1993$8,881.342.50%
1994$9,132.242.83%
1995$9,370.192.61%
1996$9,626.492.74%
1997$9,798.071.78%
1998$9,936.741.42%
1999$10,217.322.82%
2000$10,646.824.20%
2001$11,022.363.53%
2002$11,172.361.36%
2003$11,407.612.11%
2004$11,559.771.33%
2005$11,933.153.23%
2006$12,305.463.12%
2007$12,490.241.50%
2008$13,061.714.58%
2009$12,975.56-0.66%
2010$13,051.930.59%
2011$13,447.193.03%
2012$13,729.372.10%
2013$13,978.431.81%
2014$14,144.391.19%
2015$14,073.71-0.50%
2016$14,271.081.40%
2017$14,634.782.55%
2018$15,065.452.94%
2019$15,381.762.10%
2020$15,477.130.62%
2021$16,256.195.03%
2022$17,690.858.83%
2023$18,622.875.27%
2024$19,229.473.26%*

* 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 * $6,995 = $19,229.47

Therefore, according to U.S. Bureau of Labor Statistics, $6,995 in 1985 has the same "purchasing power" as $19,229.47 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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