Dallas, Texas prices: $2.13 in 1965 $21.19 in 2024

Inflation in Texas

$

Prices in Dallas, 1965-2024 ($2.13)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $19.06 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, $2.13 in Dallas in the year 1965 would cost $21.19 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.96% 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
Tampa, Florida · Detroit, Michigan · Legal services · Houston, Texas · More

Buying power of $2.13 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $2.13 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$2.131.07%
1966$2.203.46%
1967$2.273.08%
1968$2.374.14%
1969$2.516.31%
1970$2.676.22%
1971$2.753.07%
1972$2.832.92%
1973$2.985.18%
1974$3.289.92%
1975$3.589.24%
1976$3.806.10%
1977$4.087.36%
1978$4.397.82%
1979$4.9412.42%
1980$5.7816.95%
1981$6.4611.74%
1982$6.856.04%
1983$7.103.66%
1984$7.434.70%
1985$7.713.75%
1986$7.841.75%
1987$8.042.49%
1988$8.272.91%
1989$8.522.99%
1990$8.914.52%
1991$9.324.68%
1992$9.552.42%
1993$9.792.50%
1994$10.062.83%
1995$10.332.61%
1996$10.612.74%
1997$10.801.78%
1998$10.951.42%
1999$11.262.82%
2000$11.734.20%
2001$12.153.53%
2002$12.311.36%
2003$12.572.11%
2004$12.741.33%
2005$13.153.23%
2006$13.563.12%
2007$13.761.50%
2008$14.394.58%
2009$14.30-0.66%
2010$14.380.59%
2011$14.823.03%
2012$15.132.10%
2013$15.411.81%
2014$15.591.19%
2015$15.51-0.50%
2016$15.731.40%
2017$16.132.55%
2018$16.602.94%
2019$16.952.10%
2020$17.060.62%
2021$17.925.03%
2022$19.508.83%
2023$20.525.27%
2024$21.193.26%*

* 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 * $2.13 = $21.19

Therefore, according to U.S. Bureau of Labor Statistics, $2.13 in 1965 has the same "purchasing power" as $21.19 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.

» Read more about inflation and investment.