Dallas, Texas prices: $16 in 1965 $159.19 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($16)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $143.19 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, $16 in Dallas in the year 1965 would cost $159.19 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 $16.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $16 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$16.001.07%
1966$16.553.46%
1967$17.063.08%
1968$17.774.14%
1969$18.896.31%
1970$20.066.22%
1971$20.683.07%
1972$21.282.92%
1973$22.395.18%
1974$24.619.92%
1975$26.889.24%
1976$28.526.10%
1977$30.627.36%
1978$33.017.82%
1979$37.1112.42%
1980$43.4016.95%
1981$48.5011.74%
1982$51.436.04%
1983$53.313.66%
1984$55.824.70%
1985$57.913.75%
1986$58.921.75%
1987$60.392.49%
1988$62.152.91%
1989$64.002.99%
1990$66.904.52%
1991$70.034.68%
1992$71.732.42%
1993$73.522.50%
1994$75.602.83%
1995$77.572.61%
1996$79.692.74%
1997$81.111.78%
1998$82.261.42%
1999$84.582.82%
2000$88.144.20%
2001$91.253.53%
2002$92.491.36%
2003$94.442.11%
2004$95.701.33%
2005$98.793.23%
2006$101.873.12%
2007$103.401.50%
2008$108.134.58%
2009$107.42-0.66%
2010$108.050.59%
2011$111.323.03%
2012$113.662.10%
2013$115.721.81%
2014$117.091.19%
2015$116.51-0.50%
2016$118.141.40%
2017$121.152.55%
2018$124.722.94%
2019$127.342.10%
2020$128.130.62%
2021$134.585.03%
2022$146.458.83%
2023$154.175.27%
2024$159.193.26%*

* 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 * $16 = $159.19

Therefore, according to U.S. Bureau of Labor Statistics, $16 in 1965 has the same "purchasing power" as $159.19 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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