Dallas, Texas prices: $27,000,000 in 1987 $71,171,440.83 in 2024

Inflation in Texas

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Prices in Dallas, 1987-2024 ($27,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 163.60% higher in 2024 versus 1987 (a $44,171,440.83 difference in value).

Between 1987 and 2024: Dallas experienced an average inflation rate of 2.65% per year. This rate of change indicates significant inflation. In other words, $27,000,000 in Dallas in the year 1987 would cost $71,171,440.83 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 1987: Pricing changed by 2.49%, which is below the average yearly change in Dallas during the 1987-2024 time period. Compared to inflation for all items in 1987 (3.66%), 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%).

View price changes for other categories
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Buying power of $27,000,000.00 since 1987

Below are calculations of equivalent buying power in Dallas, over time, for $27,000,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$27,000,000.002.49%
1988$27,784,837.282.91%
1989$28,615,606.512.99%
1990$29,909,689.354.52%
1991$31,309,615.384.68%
1992$32,068,491.122.42%
1993$32,871,301.782.50%
1994$33,799,926.042.83%
1995$34,680,621.302.61%
1996$35,629,215.982.74%
1997$36,264,275.151.78%
1998$36,777,514.791.42%
1999$37,815,976.332.82%
2000$39,405,621.304.20%
2001$40,795,562.133.53%
2002$41,350,739.641.36%
2003$42,221,449.702.11%
2004$42,784,615.381.33%
2005$44,166,568.053.23%
2006$45,544,526.633.12%
2007$46,228,433.431.50%
2008$48,343,539.944.58%
2009$48,024,692.31-0.66%
2010$48,307,353.550.59%
2011$49,770,266.273.03%
2012$50,814,639.052.10%
2013$51,736,473.371.81%
2014$52,350,723.371.19%
2015$52,089,110.95-0.50%
2016$52,819,628.701.40%
2017$54,165,714.502.55%
2018$55,759,713.022.94%
2019$56,930,418.642.10%
2020$57,283,415.680.62%
2021$60,166,823.965.03%
2022$65,476,757.408.83%
2023$68,926,286.985.27%
2024$71,171,440.833.26%*

* 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 1987 * 1987 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 112.667 in the year 1987 and 296.987 in 2024:

296.987 / 112.667 * $27,000,000 = $71,171,440.83

Therefore, according to U.S. Bureau of Labor Statistics, $27,000,000 in 1987 has the same "purchasing power" as $71,171,440.83 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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