Dallas, Texas prices: $500,000,000 in 1989 $1,243,577,360.60 in 2024

Inflation in Texas

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Prices in Dallas, 1989-2024 ($500,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 148.72% higher in 2024 versus 1989 (a $743,577,360.60 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, $500,000,000 in Dallas in the year 1989 would cost $1,243,577,360.60 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 $500,000,000.00 since 1989

Below are calculations of equivalent buying power in Dallas, over time, for $500,000,000 beginning in 1989. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1989$500,000,000.002.99%
1990$522,611,487.194.52%
1991$547,072,370.724.68%
1992$560,332,193.452.42%
1993$574,359,690.142.50%
1994$590,585,525.862.83%
1995$605,973,899.092.61%
1996$622,548,677.512.74%
1997$633,645,055.481.78%
1998$642,612,882.961.42%
1999$660,757,903.552.82%
2000$688,533,742.764.20%
2001$712,820,154.933.53%
2002$722,520,762.091.36%
2003$737,734,663.972.11%
2004$747,574,848.211.33%
2005$771,721,683.303.23%
2006$795,798,729.853.12%
2007$807,748,621.681.50%
2008$844,705,841.304.58%
2009$839,134,622.10-0.66%
2010$844,073,557.120.59%
2011$869,635,005.933.03%
2012$887,883,313.562.10%
2013$903,990,508.761.81%
2014$914,723,288.441.19%
2015$910,152,139.02-0.50%
2016$922,916,463.121.40%
2017$946,436,597.112.55%
2018$974,288,505.832.94%
2019$994,744,225.002.10%
2020$1,000,912,136.230.62%
2021$1,051,293,879.545.03%
2022$1,144,074,255.018.83%
2023$1,204,347,826.095.27%
2024$1,243,577,360.603.26%*

* 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 * $500,000,000 = $1,243,577,360.60

Therefore, according to U.S. Bureau of Labor Statistics, $500,000,000 in 1989 has the same "purchasing power" as $1,243,577,360.60 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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