Dallas, Texas prices:$23,500,000 in 1988$61,466,189.89 in 2026

Inflation in Texas

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Prices in Dallas, 1988-2026 ($23,500,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 161.56% higher in 2026 versus 1988 (a $37,966,189.89 difference in value).

Between 1988 and 2026:Dallas experienced an average inflation rate of 2.56% per year. This rate of change indicates significant inflation. In other words, $23,500,000 in Dallas in the year 1988 would cost $61,466,189.89 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.70% during this same period, inflation in Dallas was lower.

In the year 1988: Pricing changed by 2.91%, which is above the average yearly change in Dallas during the 1988-2026 time period. Compared to inflation for all items in 1988 (4.08%), 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 $23,500,000.00 since 1988

Below are calculations of equivalent buying power in Dallas, over time, for $23,500,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$23,500,000.002.91%
1989$24,202,652.202.99%
1990$25,297,168.124.52%
1991$26,481,204.634.68%
1992$27,123,050.382.42%
1993$27,802,055.632.50%
1994$28,587,472.152.83%
1995$29,332,351.042.61%
1996$30,134,658.232.74%
1997$30,671,781.791.78%
1998$31,105,872.211.42%
1999$31,984,187.452.82%
2000$33,328,685.404.20%
2001$34,504,276.583.53%
2002$34,973,837.421.36%
2003$35,710,270.972.11%
2004$36,186,588.081.33%
2005$37,355,422.993.23%
2006$38,520,879.753.12%
2007$39,099,317.901.50%
2008$40,888,243.374.58%
2009$40,618,566.81-0.66%
2010$40,857,637.460.59%
2011$42,094,947.173.03%
2012$42,978,262.062.10%
2013$43,757,935.741.81%
2014$44,277,459.211.19%
2015$44,056,191.33-0.50%
2016$44,674,052.331.40%
2017$45,812,551.572.55%
2018$47,160,731.692.94%
2019$48,150,897.002.10%
2020$48,449,456.620.62%
2021$50,888,200.245.03%
2022$55,379,262.568.83%
2023$58,296,823.125.27%
2024$60,601,150.723.95%
2025$61,475,952.711.44%
2026$61,466,189.89-0.02%*

* 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:

Year1963196419651966196719681969197019711972197319741975197619771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.987303.303303.255

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2026 / CPI in 1988* 1988 USD value = 2026 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 115.942 in the year 1988 and 303.255 in 2026:

303.255 / 115.942* $23,500,000 = $61,466,189.89

Therefore, according to U.S. Bureau of Labor Statistics, $23,500,000 in 1988 has the same "purchasing power" as $61,466,189.89 in 2026 (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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