Dallas, Texas prices: $20,000 in 1989 $49,598.05 in 2024

Inflation in Texas

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Prices in Dallas, 1989-2024 ($20,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 147.99% higher in 2024 versus 1989 (a $29,598.05 difference in value).

Between 1989 and 2024: Dallas experienced an average inflation rate of 2.63% per year. This rate of change indicates significant inflation. In other words, $20,000 in Dallas in the year 1989 would cost $49,598.05 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.65% during this same period, inflation in Dallas was lower.

In the year 1989: Pricing changed by 2.99%, which is above the average yearly change in Dallas during the 1989-2024 time period. Compared to inflation for all items in 1989 (4.83%), 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
Parking fees and tolls · Televisions · Rent of primary residence · Dallas-Fort Worth, Texas · More

Buying power of $20,000.00 since 1989

Below are calculations of equivalent buying power in Dallas, over time, for $20,000 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1989$20,000.002.99%
1990$20,904.464.52%
1991$21,882.894.68%
1992$22,413.292.42%
1993$22,974.392.50%
1994$23,623.422.83%
1995$24,238.962.61%
1996$24,901.952.74%
1997$25,345.801.78%
1998$25,704.521.42%
1999$26,430.322.82%
2000$27,541.354.20%
2001$28,512.813.53%
2002$28,900.831.36%
2003$29,509.392.11%
2004$29,902.991.33%
2005$30,868.873.23%
2006$31,831.953.12%
2007$32,309.941.50%
2008$33,788.234.58%
2009$33,565.38-0.66%
2010$33,762.940.59%
2011$34,785.403.03%
2012$35,515.332.10%
2013$36,159.621.81%
2014$36,588.931.19%
2015$36,406.09-0.50%
2016$36,916.661.40%
2017$37,857.462.55%
2018$38,971.542.94%
2019$39,789.772.10%
2020$40,036.490.62%
2021$42,051.765.03%
2022$45,762.978.83%
2023$48,173.915.27%
2024$49,598.052.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1989 * 1989 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 119.408 in the year 1989 and 296.121 in 2024:

296.121 / 119.408 * $20,000 = $49,598.05

Therefore, according to U.S. Bureau of Labor Statistics, $20,000 in 1989 has the same "purchasing power" as $49,598.05 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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