Dallas, Texas prices: $24,000 in 1994 $51,627.22 in 2025

Inflation in Texas

$

Prices in Dallas, 1994-2025 ($24,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 115.11% higher in 2025 versus 1994 (a $27,627.22 difference in value).

Between 1994 and 2025: Dallas experienced an average inflation rate of 2.50% per year. This rate of change indicates significant inflation. In other words, $24,000 in Dallas in the year 1994 would cost $51,627.22 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.52% during this same period, inflation in Dallas was lower.

In the year 1994: Pricing changed by 2.83%, which is above the average yearly change in Dallas during the 1994-2025 time period. Compared to inflation for all items in 1994 (2.60%), 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
Housing · Alcoholic beverages · Atlanta, Georgia · Wireless telephone services · More

Buying power of $24,000.00 since 1994

Below are calculations of equivalent buying power in Dallas, over time, for $24,000 beginning in 1994. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1994$24,000.002.83%
1995$24,625.352.61%
1996$25,298.912.74%
1997$25,749.841.78%
1998$26,114.271.42%
1999$26,851.642.82%
2000$27,980.384.20%
2001$28,967.333.53%
2002$29,361.541.36%
2003$29,979.792.11%
2004$30,379.681.33%
2005$31,360.953.23%
2006$32,339.383.12%
2007$32,824.991.50%
2008$34,326.854.58%
2009$34,100.45-0.66%
2010$34,301.150.59%
2011$35,339.913.03%
2012$36,081.482.10%
2013$36,736.041.81%
2014$37,172.191.19%
2015$36,986.43-0.50%
2016$37,505.141.40%
2017$38,460.952.55%
2018$39,592.782.94%
2019$40,424.052.10%
2020$40,674.700.62%
2021$42,722.105.03%
2022$46,492.478.83%
2023$48,941.855.27%
2024$50,876.403.95%
2025$51,627.221.48%*

* 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:

Year196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.987303.400

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1994 * 1994 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 141.042 in the year 1994 and 303.400 in 2025:

303.400 / 141.042 * $24,000 = $51,627.22

Therefore, according to U.S. Bureau of Labor Statistics, $24,000 in 1994 has the same "purchasing power" as $51,627.22 in 2025 (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.

» Read more about inflation and investment.