Dallas, Texas prices: $8,000 in 1985 $21,992.25 in 2024

Inflation in Texas

$

Prices in Dallas, 1985-2024 ($8,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $13,992.25 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, $8,000 in Dallas in the year 1985 would cost $21,992.25 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.76% 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
Fresh fruits · Televisions · Parking fees and tolls · Bread · More

Buying power of $8,000.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $8,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$8,000.003.75%
1986$8,140.081.75%
1987$8,343.102.49%
1988$8,585.622.91%
1989$8,842.332.99%
1990$9,242.214.52%
1991$9,674.794.68%
1992$9,909.292.42%
1993$10,157.362.50%
1994$10,444.312.83%
1995$10,716.452.61%
1996$11,009.562.74%
1997$11,205.801.78%
1998$11,364.391.42%
1999$11,685.282.82%
2000$12,176.494.20%
2001$12,605.993.53%
2002$12,777.541.36%
2003$13,046.592.11%
2004$13,220.611.33%
2005$13,647.643.23%
2006$14,073.433.12%
2007$14,284.761.50%
2008$14,938.344.58%
2009$14,839.81-0.66%
2010$14,927.160.59%
2011$15,379.203.03%
2012$15,701.922.10%
2013$15,986.771.81%
2014$16,176.581.19%
2015$16,095.74-0.50%
2016$16,321.471.40%
2017$16,737.412.55%
2018$17,229.972.94%
2019$17,591.722.10%
2020$17,700.800.62%
2021$18,591.785.03%
2022$20,232.578.83%
2023$21,298.495.27%
2024$21,992.253.26%*

* 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 * $8,000 = $21,992.25

Therefore, according to U.S. Bureau of Labor Statistics, $8,000 in 1985 has the same "purchasing power" as $21,992.25 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.