Dallas, Texas prices: $1 in 1965 $9.92 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($1)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 892.03% higher in 2024 versus 1965 (a $8.92 difference in value).

Between 1965 and 2024: Dallas experienced an average inflation rate of 3.97% per year. This rate of change indicates significant inflation. In other words, $1 in Dallas in the year 1965 would cost $9.92 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.95% during this same period, inflation in Dallas was higher.

In the year 1965: Pricing changed by 1.07%, which is below the average yearly change in Dallas during the 1965-2024 time period. Compared to inflation for all items in 1965 (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
Dental services · Bananas · Hospital services · Gasoline (all types) · More

Buying power of $1.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $1 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$1.001.07%
1966$1.033.46%
1967$1.073.08%
1968$1.114.14%
1969$1.186.31%
1970$1.256.22%
1971$1.293.07%
1972$1.332.92%
1973$1.405.18%
1974$1.549.92%
1975$1.689.24%
1976$1.786.10%
1977$1.917.36%
1978$2.067.82%
1979$2.3212.42%
1980$2.7116.95%
1981$3.0311.74%
1982$3.216.04%
1983$3.333.66%
1984$3.494.70%
1985$3.623.75%
1986$3.681.75%
1987$3.772.49%
1988$3.882.91%
1989$4.002.99%
1990$4.184.52%
1991$4.384.68%
1992$4.482.42%
1993$4.602.50%
1994$4.732.83%
1995$4.852.61%
1996$4.982.74%
1997$5.071.78%
1998$5.141.42%
1999$5.292.82%
2000$5.514.20%
2001$5.703.53%
2002$5.781.36%
2003$5.902.11%
2004$5.981.33%
2005$6.173.23%
2006$6.373.12%
2007$6.461.50%
2008$6.764.58%
2009$6.71-0.66%
2010$6.750.59%
2011$6.963.03%
2012$7.102.10%
2013$7.231.81%
2014$7.321.19%
2015$7.28-0.50%
2016$7.381.40%
2017$7.572.55%
2018$7.792.94%
2019$7.962.10%
2020$8.010.62%
2021$8.415.03%
2022$9.158.83%
2023$9.645.27%
2024$9.922.96%*

* 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 1965 * 1965 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 29.850 in the year 1965 and 296.121 in 2024:

296.121 / 29.850 * $1 = $9.92

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1965 has the same "purchasing power" as $9.92 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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