Dallas, Texas prices: $8,060 in 1985 $22,157.19 in 2024

Inflation in Texas

$

Prices in Dallas, 1985-2024 ($8,060)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 174.90% higher in 2024 versus 1985 (a $14,097.19 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, $8,060 in Dallas in the year 1985 would cost $22,157.19 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
Parking fees and tolls · Boston, Massachusetts · College tuition and fees · Denver, Colorado · More

Buying power of $8,060.00 since 1985

Below are calculations of equivalent buying power in Dallas, over time, for $8,060 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1985$8,060.003.75%
1986$8,201.131.75%
1987$8,405.682.49%
1988$8,650.012.91%
1989$8,908.652.99%
1990$9,311.534.52%
1991$9,747.354.68%
1992$9,983.612.42%
1993$10,233.542.50%
1994$10,522.642.83%
1995$10,796.822.61%
1996$11,092.142.74%
1997$11,289.841.78%
1998$11,449.631.42%
1999$11,772.922.82%
2000$12,267.814.20%
2001$12,700.533.53%
2002$12,873.371.36%
2003$13,144.442.11%
2004$13,319.771.33%
2005$13,750.003.23%
2006$14,178.983.12%
2007$14,391.901.50%
2008$15,050.384.58%
2009$14,951.11-0.66%
2010$15,039.110.59%
2011$15,494.553.03%
2012$15,819.682.10%
2013$16,106.671.81%
2014$16,297.901.19%
2015$16,216.45-0.50%
2016$16,443.881.40%
2017$16,862.942.55%
2018$17,359.192.94%
2019$17,723.662.10%
2020$17,833.550.62%
2021$18,731.225.03%
2022$20,384.318.83%
2023$21,458.235.27%
2024$22,157.193.26%*

* 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 * $8,060 = $22,157.19

Therefore, according to U.S. Bureau of Labor Statistics, $8,060 in 1985 has the same "purchasing power" as $22,157.19 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.