Dallas, Texas prices: $20,000 in 1964 $200,533.41 in 2024

Inflation in Texas

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Prices in Dallas, 1964-2024 ($20,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 902.67% higher in 2024 versus 1964 (a $180,533.41 difference in value).

Between 1964 and 2024: Dallas experienced an average inflation rate of 3.92% per year. This rate of change indicates significant inflation. In other words, $20,000 in Dallas in the year 1964 would cost $200,533.41 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.91% during this same period, inflation in Dallas was higher.

In the year 1964: Pricing changed by 0.11%, which is significantly below the average yearly change in Dallas during the 1964-2024 time period. Compared to inflation for all items in 1964 (1.28%), 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
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Buying power of $20,000.00 since 1964

Below are calculations of equivalent buying power in Dallas, over time, for $20,000 beginning in 1964. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1964$20,000.000.11%
1965$20,214.451.07%
1966$20,914.223.46%
1967$21,557.563.08%
1968$22,449.214.14%
1969$23,865.696.31%
1970$25,349.896.22%
1971$26,128.673.07%
1972$26,890.522.92%
1973$28,284.425.18%
1974$31,089.169.92%
1975$33,961.639.24%
1976$36,032.736.10%
1977$38,685.107.36%
1978$41,709.937.82%
1979$46,890.5212.42%
1980$54,836.3416.95%
1981$61,275.4011.74%
1982$64,977.436.04%
1983$67,353.273.66%
1984$70,519.194.70%
1985$73,160.273.75%
1986$74,441.311.75%
1987$76,297.972.49%
1988$78,515.802.91%
1989$80,863.432.99%
1990$84,520.324.52%
1991$88,476.304.68%
1992$90,620.772.42%
1993$92,889.392.50%
1994$95,513.542.83%
1995$98,002.262.61%
1996$100,682.842.74%
1997$102,477.431.78%
1998$103,927.771.42%
1999$106,862.302.82%
2000$111,354.404.20%
2001$115,282.173.53%
2002$116,851.021.36%
2003$119,311.512.11%
2004$120,902.931.33%
2005$124,808.133.23%
2006$128,702.033.12%
2007$130,634.651.50%
2008$136,611.634.58%
2009$135,710.61-0.66%
2010$136,509.370.59%
2011$140,643.343.03%
2012$143,594.582.10%
2013$146,199.551.81%
2014$147,935.331.19%
2015$147,196.05-0.50%
2016$149,260.381.40%
2017$153,064.222.55%
2018$157,568.622.94%
2019$160,876.862.10%
2020$161,874.380.62%
2021$170,022.465.03%
2022$185,027.548.83%
2023$194,775.405.27%
2024$200,533.412.96%*

* 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 1964 * 1964 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 29.533 in the year 1964 and 296.121 in 2024:

296.121 / 29.533 * $20,000 = $200,533.41

Therefore, according to U.S. Bureau of Labor Statistics, $20,000 in 1964 has the same "purchasing power" as $200,533.41 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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