Dallas, Texas prices: $3.18 in 1989 $7.91 in 2024

Inflation in Texas

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Prices in Dallas, 1989-2024 ($3.18)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 148.72% higher in 2024 versus 1989 (a $4.73 difference in value).

Between 1989 and 2024: Dallas experienced an average inflation rate of 2.64% per year. This rate of change indicates significant inflation. In other words, $3.18 in Dallas in the year 1989 would cost $7.91 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.66% 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
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Buying power of $3.18 since 1989

Below are calculations of equivalent buying power in Dallas, over time, for $3.18 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1989$3.182.99%
1990$3.324.52%
1991$3.484.68%
1992$3.562.42%
1993$3.652.50%
1994$3.762.83%
1995$3.852.61%
1996$3.962.74%
1997$4.031.78%
1998$4.091.42%
1999$4.202.82%
2000$4.384.20%
2001$4.533.53%
2002$4.601.36%
2003$4.692.11%
2004$4.751.33%
2005$4.913.23%
2006$5.063.12%
2007$5.141.50%
2008$5.374.58%
2009$5.34-0.66%
2010$5.370.59%
2011$5.533.03%
2012$5.652.10%
2013$5.751.81%
2014$5.821.19%
2015$5.79-0.50%
2016$5.871.40%
2017$6.022.55%
2018$6.202.94%
2019$6.332.10%
2020$6.370.62%
2021$6.695.03%
2022$7.288.83%
2023$7.665.27%
2024$7.913.26%*

* 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 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 296.987 in 2024:

296.987 / 119.408 * $3.18 = $7.91

Therefore, according to U.S. Bureau of Labor Statistics, $3.18 in 1989 has the same "purchasing power" as $7.91 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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