Dallas, Texas prices: $5,500,000,000 in 1991 $12,502,323,000.38 in 2024

Inflation in Texas

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Prices in Dallas, 1991-2024 ($5,500,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 127.31% higher in 2024 versus 1991 (a $7,002,323,000.38 difference in value).

Between 1991 and 2024: Dallas experienced an average inflation rate of 2.52% per year. This rate of change indicates significant inflation. In other words, $5,500,000,000 in Dallas in the year 1991 would cost $12,502,323,000.38 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation in Dallas was lower.

In the year 1991: Pricing changed by 4.68%, which is above the average yearly change in Dallas during the 1991-2024 time period. Compared to inflation for all items in 1991 (4.23%), inflation in Dallas was higher.

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 $5,500,000,000.00 since 1991

Below are calculations of equivalent buying power in Dallas, over time, for $5,500,000,000 beginning in 1991. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1991$5,500,000,000.004.68%
1992$5,633,307,819.872.42%
1993$5,774,333,460.902.50%
1994$5,937,460,135.222.83%
1995$6,092,167,368.292.61%
1996$6,258,802,143.132.74%
1997$6,370,359,739.761.78%
1998$6,460,517,923.201.42%
1999$6,642,939,150.402.82%
2000$6,922,183,952.034.20%
2001$7,166,347,748.443.53%
2002$7,263,872,942.981.36%
2003$7,416,826,125.782.11%
2004$7,515,754,560.531.33%
2005$7,758,515,116.723.23%
2006$8,000,574,052.813.12%
2007$8,120,712,463.321.50%
2008$8,492,262,405.924.58%
2009$8,436,252,072.97-0.66%
2010$8,485,905,727.770.59%
2011$8,742,888,123.493.03%
2012$8,926,347,748.442.10%
2013$9,088,281,668.581.81%
2014$9,196,183,824.471.19%
2015$9,150,227,707.62-0.50%
2016$9,278,554,024.751.40%
2017$9,515,014,032.402.55%
2018$9,795,023,599.952.94%
2019$10,000,675,468.812.10%
2020$10,062,684,653.650.62%
2021$10,569,198,239.575.03%
2022$11,501,967,087.648.83%
2023$12,107,928,307.185.27%
2024$12,502,323,000.383.26%*

* 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 1991 * 1991 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 130.650 in the year 1991 and 296.987 in 2024:

296.987 / 130.650 * $5,500,000,000 = $12,502,323,000.38

Therefore, according to U.S. Bureau of Labor Statistics, $5,500,000,000 in 1991 has the same "purchasing power" as $12,502,323,000.38 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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