Dallas, Texas prices: $37,000,000 in 1989 $92,024,724.68 in 2024

Inflation in Texas

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Prices in Dallas, 1989-2024 ($37,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 148.72% higher in 2024 versus 1989 (a $55,024,724.68 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, $37,000,000 in Dallas in the year 1989 would cost $92,024,724.68 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 $37,000,000.00 since 1989

Below are calculations of equivalent buying power in Dallas, over time, for $37,000,000 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1989$37,000,000.002.99%
1990$38,673,250.054.52%
1991$40,483,355.434.68%
1992$41,464,582.322.42%
1993$42,502,617.072.50%
1994$43,703,328.912.83%
1995$44,842,068.532.61%
1996$46,068,602.142.74%
1997$46,889,734.111.78%
1998$47,553,353.341.42%
1999$48,896,084.862.82%
2000$50,951,496.964.20%
2001$52,748,691.463.53%
2002$53,466,536.391.36%
2003$54,592,365.132.11%
2004$55,320,538.771.33%
2005$57,107,404.563.23%
2006$58,889,106.013.12%
2007$59,773,398.001.50%
2008$62,508,232.264.58%
2009$62,095,962.04-0.66%
2010$62,461,443.230.59%
2011$64,352,990.443.03%
2012$65,703,365.202.10%
2013$66,895,297.651.81%
2014$67,689,523.341.19%
2015$67,351,258.29-0.50%
2016$68,295,818.271.40%
2017$70,036,308.192.55%
2018$72,097,349.432.94%
2019$73,611,072.652.10%
2020$74,067,498.080.62%
2021$77,795,747.095.03%
2022$84,661,494.878.83%
2023$89,121,739.135.27%
2024$92,024,724.683.26%*

* 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 * $37,000,000 = $92,024,724.68

Therefore, according to U.S. Bureau of Labor Statistics, $37,000,000 in 1989 has the same "purchasing power" as $92,024,724.68 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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