Dallas, Texas prices: $10 in 1998 $19.30 in 2024

Inflation in Texas

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Prices in Dallas, 1998-2024 ($10)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 92.95% higher in 2024 versus 1998 (a $9.30 difference in value).

Between 1998 and 2024: Dallas experienced an average inflation rate of 2.56% per year. This rate of change indicates significant inflation. In other words, $10 in Dallas in the year 1998 would cost $19.30 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 1998: Pricing changed by 1.42%, which is below the average yearly change in Dallas during the 1998-2024 time period. Compared to inflation for all items in 1998 (1.55%), 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
Juices and nonalcoholic drinks · Food · Rent of primary residence · Bread · More

Buying power of $10.00 since 1998

Below are calculations of equivalent buying power in Dallas, over time, for $10 beginning in 1998. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1998$10.001.42%
1999$10.282.82%
2000$10.714.20%
2001$11.093.53%
2002$11.241.36%
2003$11.482.11%
2004$11.631.33%
2005$12.013.23%
2006$12.383.12%
2007$12.571.50%
2008$13.144.58%
2009$13.06-0.66%
2010$13.140.59%
2011$13.533.03%
2012$13.822.10%
2013$14.071.81%
2014$14.231.19%
2015$14.16-0.50%
2016$14.361.40%
2017$14.732.55%
2018$15.162.94%
2019$15.482.10%
2020$15.580.62%
2021$16.365.03%
2022$17.808.83%
2023$18.745.27%
2024$19.302.96%*

* 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 1998 * 1998 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 153.467 in the year 1998 and 296.121 in 2024:

296.121 / 153.467 * $10 = $19.30

Therefore, according to U.S. Bureau of Labor Statistics, $10 in 1998 has the same "purchasing power" as $19.30 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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