Dallas, Texas prices: $9,000 in 1987 $23,723.81 in 2024

Inflation in Texas

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Prices in Dallas, 1987-2024 ($9,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 163.60% higher in 2024 versus 1987 (a $14,723.81 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, $9,000 in Dallas in the year 1987 would cost $23,723.81 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
New trucks · College tuition and fees · Bread · Frankfurters · More

Buying power of $9,000.00 since 1987

Below are calculations of equivalent buying power in Dallas, over time, for $9,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1987$9,000.002.49%
1988$9,261.612.91%
1989$9,538.542.99%
1990$9,969.904.52%
1991$10,436.544.68%
1992$10,689.502.42%
1993$10,957.102.50%
1994$11,266.642.83%
1995$11,560.212.61%
1996$11,876.412.74%
1997$12,088.091.78%
1998$12,259.171.42%
1999$12,605.332.82%
2000$13,135.214.20%
2001$13,598.523.53%
2002$13,783.581.36%
2003$14,073.822.11%
2004$14,261.541.33%
2005$14,722.193.23%
2006$15,181.513.12%
2007$15,409.481.50%
2008$16,114.514.58%
2009$16,008.23-0.66%
2010$16,102.450.59%
2011$16,590.093.03%
2012$16,938.212.10%
2013$17,245.491.81%
2014$17,450.241.19%
2015$17,363.04-0.50%
2016$17,606.541.40%
2017$18,055.242.55%
2018$18,586.572.94%
2019$18,976.812.10%
2020$19,094.470.62%
2021$20,055.615.03%
2022$21,825.598.83%
2023$22,975.435.27%
2024$23,723.813.26%*

* 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 * $9,000 = $23,723.81

Therefore, according to U.S. Bureau of Labor Statistics, $9,000 in 1987 has the same "purchasing power" as $23,723.81 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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