Dallas, Texas prices: $14,000,000 in 1965 $139,290,385.26 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($14,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $125,290,385.26 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, $14,000,000 in Dallas in the year 1965 would cost $139,290,385.26 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 $14,000,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $14,000,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$14,000,000.001.07%
1966$14,484,645.453.46%
1967$14,930,206.593.08%
1968$15,547,738.694.14%
1969$16,528,754.896.31%
1970$17,556,672.256.22%
1971$18,096,035.733.07%
1972$18,623,673.932.92%
1973$19,589,056.395.18%
1974$21,531,546.629.92%
1975$23,520,938.029.24%
1976$24,955,332.226.10%
1977$26,792,294.817.36%
1978$28,887,213.857.82%
1979$32,475,153.5512.42%
1980$37,978,224.4616.95%
1981$42,437,744.2811.74%
1982$45,001,675.046.04%
1983$46,647,124.513.66%
1984$48,839,754.334.70%
1985$50,668,900.063.75%
1986$51,556,113.901.75%
1987$52,841,987.722.49%
1988$54,378,001.122.91%
1989$56,003,908.432.99%
1990$58,536,571.754.52%
1991$61,276,381.914.68%
1992$62,761,585.712.42%
1993$64,332,774.992.50%
1994$66,150,195.422.83%
1995$67,873,813.512.61%
1996$69,730,318.262.74%
1997$70,973,199.331.78%
1998$71,977,666.111.42%
1999$74,010,050.252.82%
2000$77,121,161.364.20%
2001$79,841,429.373.53%
2002$80,927,973.201.36%
2003$82,632,049.132.11%
2004$83,734,226.691.33%
2005$86,438,860.973.23%
2006$89,135,678.393.12%
2007$90,474,159.691.50%
2008$94,613,657.174.58%
2009$93,989,637.07-0.66%
2010$94,542,836.400.59%
2011$97,405,918.483.03%
2012$99,449,871.582.10%
2013$101,254,003.351.81%
2014$102,456,158.571.19%
2015$101,944,154.10-0.50%
2016$103,373,858.181.40%
2017$106,008,297.042.55%
2018$109,127,928.532.94%
2019$111,419,128.982.10%
2020$112,109,983.250.62%
2021$117,753,132.335.03%
2022$128,145,259.638.83%
2023$134,896,370.745.27%
2024$139,290,385.263.26%*

* 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 * $14,000,000 = $139,290,385.26

Therefore, according to U.S. Bureau of Labor Statistics, $14,000,000 in 1965 has the same "purchasing power" as $139,290,385.26 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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