Dallas, Texas prices: $6,000 in 1994 $12,634.01 in 2024

Inflation in Texas

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Prices in Dallas, 1994-2024 ($6,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 110.57% higher in 2024 versus 1994 (a $6,634.01 difference in value).

Between 1994 and 2024: Dallas experienced an average inflation rate of 2.51% per year. This rate of change indicates significant inflation. In other words, $6,000 in Dallas in the year 1994 would cost $12,634.01 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.50% during this same period, inflation in Dallas was higher.

In the year 1994: Pricing changed by 2.83%, which is above the average yearly change in Dallas during the 1994-2024 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
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Buying power of $6,000.00 since 1994

Below are calculations of equivalent buying power in Dallas, over time, for $6,000 beginning in 1994. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1994$6,000.002.83%
1995$6,156.342.61%
1996$6,324.732.74%
1997$6,437.461.78%
1998$6,528.571.42%
1999$6,712.912.82%
2000$6,995.104.20%
2001$7,241.833.53%
2002$7,340.381.36%
2003$7,494.952.11%
2004$7,594.921.33%
2005$7,840.243.23%
2006$8,084.843.12%
2007$8,206.251.50%
2008$8,581.714.58%
2009$8,525.11-0.66%
2010$8,575.290.59%
2011$8,834.983.03%
2012$9,020.372.10%
2013$9,184.011.81%
2014$9,293.051.19%
2015$9,246.61-0.50%
2016$9,376.291.40%
2017$9,615.242.55%
2018$9,898.202.94%
2019$10,106.012.10%
2020$10,168.680.62%
2021$10,680.525.03%
2022$11,623.128.83%
2023$12,235.465.27%
2024$12,634.013.26%*

* 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 1994 * 1994 USD value = 2024 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 296.987 in 2024:

296.987 / 141.042 * $6,000 = $12,634.01

Therefore, according to U.S. Bureau of Labor Statistics, $6,000 in 1994 has the same "purchasing power" as $12,634.01 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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