Dallas, Texas prices: $15 in 1965 $149.24 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($15)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $134.24 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, $15 in Dallas in the year 1965 would cost $149.24 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%).

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Buying power of $15.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $15 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$15.001.07%
1966$15.523.46%
1967$16.003.08%
1968$16.664.14%
1969$17.716.31%
1970$18.816.22%
1971$19.393.07%
1972$19.952.92%
1973$20.995.18%
1974$23.079.92%
1975$25.209.24%
1976$26.746.10%
1977$28.717.36%
1978$30.957.82%
1979$34.7912.42%
1980$40.6916.95%
1981$45.4711.74%
1982$48.226.04%
1983$49.983.66%
1984$52.334.70%
1985$54.293.75%
1986$55.241.75%
1987$56.622.49%
1988$58.262.91%
1989$60.002.99%
1990$62.724.52%
1991$65.654.68%
1992$67.242.42%
1993$68.932.50%
1994$70.882.83%
1995$72.722.61%
1996$74.712.74%
1997$76.041.78%
1998$77.121.42%
1999$79.302.82%
2000$82.634.20%
2001$85.543.53%
2002$86.711.36%
2003$88.532.11%
2004$89.721.33%
2005$92.613.23%
2006$95.503.12%
2007$96.941.50%
2008$101.374.58%
2009$100.70-0.66%
2010$101.300.59%
2011$104.363.03%
2012$106.552.10%
2013$108.491.81%
2014$109.771.19%
2015$109.23-0.50%
2016$110.761.40%
2017$113.582.55%
2018$116.922.94%
2019$119.382.10%
2020$120.120.62%
2021$126.165.03%
2022$137.308.83%
2023$144.535.27%
2024$149.243.26%*

* 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 * $15 = $149.24

Therefore, according to U.S. Bureau of Labor Statistics, $15 in 1965 has the same "purchasing power" as $149.24 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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