Dallas, Texas prices: $40,000 in 1988 → $104,840.88 in 2025

Inflation in Texas

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Prices in Dallas, 1988-2025 ($40,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 162.10% higher in 2025 versus 1988 (a $64,840.88 difference in value).

Between 1988 and 2025: Dallas experienced an average inflation rate of 2.64% per year. This rate of change indicates significant inflation. In other words, $40,000 in Dallas in the year 1988 would cost $104,840.88 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.72% during this same period, inflation in Dallas was lower.

In the year 1988: Pricing changed by 2.91%, which is above the average yearly change in Dallas during the 1988-2025 time period. Compared to inflation for all items in 1988 (4.08%), inflation in Dallas was lower.

Price Inflation in Dallas-Fort Worth, Texas since 1963

Consumer Price Index, U.S. Bureau of Labor Statistics
1965197019751980198519901995200020052010201520202025-1001020
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 $40,000.00 since 1988

Below are calculations of equivalent buying power in Dallas, over time, for $40,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1988$40,000.002.91%
1989$41,196.002.99%
1990$43,059.014.52%
1991$45,074.394.68%
1992$46,166.892.42%
1993$47,322.652.50%
1994$48,659.532.83%
1995$49,927.412.61%
1996$51,293.042.74%
1997$52,207.291.78%
1998$52,946.171.42%
1999$54,441.172.82%
2000$56,729.684.20%
2001$58,730.683.53%
2002$59,529.941.36%
2003$60,783.442.11%
2004$61,594.191.33%
2005$63,583.703.23%
2006$65,567.453.12%
2007$66,552.031.50%
2008$69,597.014.58%
2009$69,137.99-0.66%
2010$69,544.910.59%
2011$71,650.973.03%
2012$73,154.492.10%
2013$74,481.591.81%
2014$75,365.891.19%
2015$74,989.26-0.50%
2016$76,040.941.40%
2017$77,978.812.55%
2018$80,273.592.94%
2019$81,958.972.10%
2020$82,467.160.62%
2021$86,618.215.03%
2022$94,262.578.83%
2023$99,228.645.27%
2024$103,150.893.95%
2025$104,840.881.64%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.987303.886

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2025 / CPI in 1988 * 1988 USD value = 2025 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 115.942 in the year 1988 and 303.886 in 2025:

303.886 / 115.942 * $40,000 = $104,840.88

Therefore, according to U.S. Bureau of Labor Statistics, $40,000 in 1988 has the same "purchasing power" as $104,840.88 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.

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