Dallas, Texas prices: $7.42 in 1985 $20.40 in 2024

Inflation in Texas

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Prices in Dallas, 1985-2024 ($7.42)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $12.98 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, $7.42 in Dallas in the year 1985 would cost $20.40 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 $7.42 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $7.42 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$7.423.75%
1986$7.551.75%
1987$7.742.49%
1988$7.962.91%
1989$8.202.99%
1990$8.574.52%
1991$8.974.68%
1992$9.192.42%
1993$9.422.50%
1994$9.692.83%
1995$9.942.61%
1996$10.212.74%
1997$10.391.78%
1998$10.541.42%
1999$10.842.82%
2000$11.294.20%
2001$11.693.53%
2002$11.851.36%
2003$12.102.11%
2004$12.261.33%
2005$12.663.23%
2006$13.053.12%
2007$13.251.50%
2008$13.864.58%
2009$13.76-0.66%
2010$13.840.59%
2011$14.263.03%
2012$14.562.10%
2013$14.831.81%
2014$15.001.19%
2015$14.93-0.50%
2016$15.141.40%
2017$15.522.55%
2018$15.982.94%
2019$16.322.10%
2020$16.420.62%
2021$17.245.03%
2022$18.778.83%
2023$19.755.27%
2024$20.403.26%*

* 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 * $7.42 = $20.40

Therefore, according to U.S. Bureau of Labor Statistics, $7.42 in 1985 has the same "purchasing power" as $20.40 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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