Dallas, Texas prices: $1,400,000 in 1965 $13,929,038.53 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($1,400,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $12,529,038.53 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, $1,400,000 in Dallas in the year 1965 would cost $13,929,038.53 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
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Buying power of $1,400,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $1,400,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$1,400,000.001.07%
1966$1,448,464.543.46%
1967$1,493,020.663.08%
1968$1,554,773.874.14%
1969$1,652,875.496.31%
1970$1,755,667.236.22%
1971$1,809,603.573.07%
1972$1,862,367.392.92%
1973$1,958,905.645.18%
1974$2,153,154.669.92%
1975$2,352,093.809.24%
1976$2,495,533.226.10%
1977$2,679,229.487.36%
1978$2,888,721.387.82%
1979$3,247,515.3512.42%
1980$3,797,822.4516.95%
1981$4,243,774.4311.74%
1982$4,500,167.506.04%
1983$4,664,712.453.66%
1984$4,883,975.434.70%
1985$5,066,890.013.75%
1986$5,155,611.391.75%
1987$5,284,198.772.49%
1988$5,437,800.112.91%
1989$5,600,390.842.99%
1990$5,853,657.174.52%
1991$6,127,638.194.68%
1992$6,276,158.572.42%
1993$6,433,277.502.50%
1994$6,615,019.542.83%
1995$6,787,381.352.61%
1996$6,973,031.832.74%
1997$7,097,319.931.78%
1998$7,197,766.611.42%
1999$7,401,005.032.82%
2000$7,712,116.144.20%
2001$7,984,142.943.53%
2002$8,092,797.321.36%
2003$8,263,204.912.11%
2004$8,373,422.671.33%
2005$8,643,886.103.23%
2006$8,913,567.843.12%
2007$9,047,415.971.50%
2008$9,461,365.724.58%
2009$9,398,963.71-0.66%
2010$9,454,283.640.59%
2011$9,740,591.853.03%
2012$9,944,987.162.10%
2013$10,125,400.341.81%
2014$10,245,615.861.19%
2015$10,194,415.41-0.50%
2016$10,337,385.821.40%
2017$10,600,829.702.55%
2018$10,912,792.852.94%
2019$11,141,912.902.10%
2020$11,210,998.320.62%
2021$11,775,313.235.03%
2022$12,814,525.968.83%
2023$13,489,637.075.27%
2024$13,929,038.533.26%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.987

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 296.987 in 2024:

296.987 / 29.850 * $1,400,000 = $13,929,038.53

Therefore, according to U.S. Bureau of Labor Statistics, $1,400,000 in 1965 has the same "purchasing power" as $13,929,038.53 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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