Dallas, Texas prices: $5 in 1989 $12.44 in 2024

Inflation in Texas

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Prices in Dallas, 1989-2024 ($5)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 148.72% higher in 2024 versus 1989 (a $7.44 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, $5 in Dallas in the year 1989 would cost $12.44 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
Rent of primary residence · Airline fares · Indoor plants and flowers · Juices and nonalcoholic drinks · More

Buying power of $5.00 since 1989

Below are calculations of equivalent buying power in Dallas, over time, for $5 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1989$5.002.99%
1990$5.234.52%
1991$5.474.68%
1992$5.602.42%
1993$5.742.50%
1994$5.912.83%
1995$6.062.61%
1996$6.232.74%
1997$6.341.78%
1998$6.431.42%
1999$6.612.82%
2000$6.894.20%
2001$7.133.53%
2002$7.231.36%
2003$7.382.11%
2004$7.481.33%
2005$7.723.23%
2006$7.963.12%
2007$8.081.50%
2008$8.454.58%
2009$8.39-0.66%
2010$8.440.59%
2011$8.703.03%
2012$8.882.10%
2013$9.041.81%
2014$9.151.19%
2015$9.10-0.50%
2016$9.231.40%
2017$9.462.55%
2018$9.742.94%
2019$9.952.10%
2020$10.010.62%
2021$10.515.03%
2022$11.448.83%
2023$12.045.27%
2024$12.443.26%*

* 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 * $5 = $12.44

Therefore, according to U.S. Bureau of Labor Statistics, $5 in 1989 has the same "purchasing power" as $12.44 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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