Dallas, Texas prices: $20,000 in 1965 $198,986.26 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($20,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $178,986.26 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, $20,000 in Dallas in the year 1965 would cost $198,986.26 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 $20,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $20,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$20,000.001.07%
1966$20,692.353.46%
1967$21,328.873.08%
1968$22,211.064.14%
1969$23,612.516.31%
1970$25,080.966.22%
1971$25,851.483.07%
1972$26,605.252.92%
1973$27,984.375.18%
1974$30,759.359.92%
1975$33,601.349.24%
1976$35,650.476.10%
1977$38,274.717.36%
1978$41,267.457.82%
1979$46,393.0812.42%
1980$54,254.6116.95%
1981$60,625.3511.74%
1982$64,288.116.04%
1983$66,638.753.66%
1984$69,771.084.70%
1985$72,384.143.75%
1986$73,651.591.75%
1987$75,488.552.49%
1988$77,682.862.91%
1989$80,005.582.99%
1990$83,623.674.52%
1991$87,537.694.68%
1992$89,659.412.42%
1993$91,903.962.50%
1994$94,500.282.83%
1995$96,962.592.61%
1996$99,614.742.74%
1997$101,390.281.78%
1998$102,825.241.42%
1999$105,728.642.82%
2000$110,173.094.20%
2001$114,059.183.53%
2002$115,611.391.36%
2003$118,045.782.11%
2004$119,620.321.33%
2005$123,484.093.23%
2006$127,336.683.12%
2007$129,248.801.50%
2008$135,162.374.58%
2009$134,270.91-0.66%
2010$135,061.190.59%
2011$139,151.313.03%
2012$142,071.252.10%
2013$144,648.581.81%
2014$146,365.941.19%
2015$145,634.51-0.50%
2016$147,676.941.40%
2017$151,440.422.55%
2018$155,897.042.94%
2019$159,170.182.10%
2020$160,157.120.62%
2021$168,218.765.03%
2022$183,064.668.83%
2023$192,709.105.27%
2024$198,986.263.26%*

* 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 * $20,000 = $198,986.26

Therefore, according to U.S. Bureau of Labor Statistics, $20,000 in 1965 has the same "purchasing power" as $198,986.26 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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