Dallas, Texas prices: $480,000 in 1988 $1,252,324.93 in 2026

Inflation in Texas

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Prices in Dallas, 1988-2026 ($480,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 160.90% higher in 2026 versus 1988 (a $772,324.93 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, $480,000 in Dallas in the year 1988 would cost $1,252,324.93 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.69% 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 $480,000.00 since 1988

Below are calculations of equivalent buying power in Dallas, over time, for $480,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$480,000.002.91%
1989$494,352.042.99%
1990$516,708.114.52%
1991$540,892.694.68%
1992$554,002.732.42%
1993$567,871.772.50%
1994$583,914.322.83%
1995$599,128.872.61%
1996$615,516.422.74%
1997$626,487.461.78%
1998$635,353.991.42%
1999$653,294.042.82%
2000$680,756.134.20%
2001$704,768.203.53%
2002$714,359.231.36%
2003$729,401.282.11%
2004$739,130.311.33%
2005$763,004.383.23%
2006$786,809.463.12%
2007$798,624.371.50%
2008$835,164.124.58%
2009$829,655.83-0.66%
2010$834,538.980.59%
2011$859,811.693.03%
2012$877,853.862.10%
2013$893,779.111.81%
2014$904,390.661.19%
2015$899,871.14-0.50%
2016$912,491.281.40%
2017$935,745.732.55%
2018$963,283.032.94%
2019$983,507.682.10%
2020$989,605.920.62%
2021$1,039,418.565.03%
2022$1,131,150.898.83%
2023$1,190,743.625.27%
2024$1,237,810.743.95%
2025$1,255,983.951.47%
2026$1,252,324.93-0.29%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.987303.377302.493

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 302.493 in 2026:

302.493 / 115.942 * $480,000 = $1,252,324.93

Therefore, according to U.S. Bureau of Labor Statistics, $480,000 in 1988 has the same "purchasing power" as $1,252,324.93 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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