Dallas, Texas prices: $2,000,000,000 in 1997 $3,913,708,904.68 in 2024

Inflation in Texas

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Prices in Dallas, 1997-2024 ($2,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 95.69% higher in 2024 versus 1997 (a $1,913,708,904.68 difference in value).

Between 1997 and 2024: Dallas experienced an average inflation rate of 2.52% per year. This rate of change indicates significant inflation. In other words, $2,000,000,000 in Dallas in the year 1997 would cost $3,913,708,904.68 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.46% during this same period, inflation in Dallas was higher.

In the year 1997: Pricing changed by 1.78%, which is below the average yearly change in Dallas during the 1997-2024 time period. Compared to inflation for all items in 1997 (2.33%), 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
Dental services · New trucks · Alcoholic beverages · Electricity · More

Buying power of $2,000,000,000.00 since 1997

Below are calculations of equivalent buying power in Dallas, over time, for $2,000,000,000 beginning in 1997. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1997$2,000,000,000.001.78%
1998$2,028,305,523.431.42%
1999$2,085,577,399.642.82%
2000$2,173,247,425.524.20%
2001$2,249,903,629.053.53%
2002$2,280,522,055.181.36%
2003$2,328,542,320.612.11%
2004$2,359,601,299.631.33%
2005$2,435,816,950.273.23%
2006$2,511,812,324.473.12%
2007$2,549,530,260.481.50%
2008$2,666,179,855.724.58%
2009$2,648,595,186.96-0.66%
2010$2,664,184,151.110.59%
2011$2,744,864,805.333.03%
2012$2,802,462,690.682.10%
2013$2,853,302,494.631.81%
2014$2,887,178,809.411.19%
2015$2,872,750,702.13-0.50%
2016$2,913,039,264.281.40%
2017$2,987,276,832.422.55%
2018$3,075,186,959.632.94%
2019$3,139,752,189.002.10%
2020$3,159,220,221.380.62%
2021$3,318,242,193.955.03%
2022$3,611,088,716.348.83%
2023$3,801,332,672.505.27%
2024$3,913,708,904.682.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1997 * 1997 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 151.325 in the year 1997 and 296.121 in 2024:

296.121 / 151.325 * $2,000,000,000 = $3,913,708,904.68

Therefore, according to U.S. Bureau of Labor Statistics, $2,000,000,000 in 1997 has the same "purchasing power" as $3,913,708,904.68 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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