Dallas, Texas prices: $20 in 2002 $31.45 in 2022

Inflation in Texas

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Prices in Dallas, 2002-2022 ($20)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 57.27% higher in 2022 versus 2002 (a $11.45 difference in value).

Between 2002 and 2022: Dallas experienced an average inflation rate of 2.29% per year. This rate of change indicates significant inflation. In other words, $20 in Dallas in the year 2002 would cost $31.45 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.45% during this same period, inflation in Dallas was lower.

In the year 2002: Pricing changed by 1.36%, which is below the average yearly change in Dallas during the 2002-2022 time period. Compared to inflation for all items in 2002 (1.59%), 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
Financial services · Medical care · Fish and seafood · Fresh fruits · More

Buying power of $20.00 since 2002

Below are calculations of equivalent buying power in Dallas, over time, for $20 beginning in 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2002$20.001.36%
2003$20.422.11%
2004$20.691.33%
2005$21.363.23%
2006$22.033.12%
2007$22.361.50%
2008$23.384.58%
2009$23.23-0.66%
2010$23.360.59%
2011$24.073.03%
2012$24.582.10%
2013$25.021.81%
2014$25.321.19%
2015$25.19-0.50%
2016$25.551.40%
2017$26.202.55%
2018$26.972.94%
2019$27.542.10%
2020$27.710.62%
2021$29.105.03%
2022$31.458.09%*

* 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:

Year196319641965196619671968196919701971197219731974197519761977197819791980198119821983198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.562239.034251.066271.377

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 2002 * 2002 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 172.550 in the year 2002 and 271.377 in 2022:

271.377 / 172.550 * $20 = $31.45

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2002 has the same "purchasing power" as $31.45 in 2022 (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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