Dallas, Texas prices: $20,000 in 1986 $54,034.48 in 2024

Inflation in Texas

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Prices in Dallas, 1986-2024 ($20,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 170.17% higher in 2024 versus 1986 (a $34,034.48 difference in value).

Between 1986 and 2024: Dallas experienced an average inflation rate of 2.65% per year. This rate of change indicates significant inflation. In other words, $20,000 in Dallas in the year 1986 would cost $54,034.48 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.78% during this same period, inflation in Dallas was lower.

In the year 1986: Pricing changed by 1.75%, which is below the average yearly change in Dallas during the 1986-2024 time period. Compared to inflation for all items in 1986 (1.90%), inflation in Dallas was lower.

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%).

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Buying power of $20,000.00 since 1986

Below are calculations of equivalent buying power in Dallas, over time, for $20,000 beginning in 1986. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1986$20,000.001.75%
1987$20,498.822.49%
1988$21,094.692.91%
1989$21,725.422.99%
1990$22,707.914.52%
1991$23,770.754.68%
1992$24,346.902.42%
1993$24,956.412.50%
1994$25,661.442.83%
1995$26,330.072.61%
1996$27,050.262.74%
1997$27,532.411.78%
1998$27,922.071.42%
1999$28,710.482.82%
2000$29,917.374.20%
2001$30,972.633.53%
2002$31,394.131.36%
2003$32,055.192.11%
2004$32,482.751.33%
2005$33,531.953.23%
2006$34,578.123.12%
2007$35,097.351.50%
2008$36,703.184.58%
2009$36,461.10-0.66%
2010$36,675.700.59%
2011$37,786.373.03%
2012$38,579.272.10%
2013$39,279.141.81%
2014$39,745.491.19%
2015$39,546.87-0.50%
2016$40,101.491.40%
2017$41,123.462.55%
2018$42,333.652.94%
2019$43,222.472.10%
2020$43,490.470.62%
2021$45,679.605.03%
2022$49,710.988.83%
2023$52,329.925.27%
2024$54,034.483.26%*

* 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 1986 * 1986 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 109.925 in the year 1986 and 296.987 in 2024:

296.987 / 109.925 * $20,000 = $54,034.48

Therefore, according to U.S. Bureau of Labor Statistics, $20,000 in 1986 has the same "purchasing power" as $54,034.48 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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