Dallas, Texas prices: $3 in 1965 $29.85 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($3)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $26.85 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, $3 in Dallas in the year 1965 would cost $29.85 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
Parking fees and tolls · Financial services · Legal services · Educational books and supplies · More

Buying power of $3.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $3 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$3.001.07%
1966$3.103.46%
1967$3.203.08%
1968$3.334.14%
1969$3.546.31%
1970$3.766.22%
1971$3.883.07%
1972$3.992.92%
1973$4.205.18%
1974$4.619.92%
1975$5.049.24%
1976$5.356.10%
1977$5.747.36%
1978$6.197.82%
1979$6.9612.42%
1980$8.1416.95%
1981$9.0911.74%
1982$9.646.04%
1983$10.003.66%
1984$10.474.70%
1985$10.863.75%
1986$11.051.75%
1987$11.322.49%
1988$11.652.91%
1989$12.002.99%
1990$12.544.52%
1991$13.134.68%
1992$13.452.42%
1993$13.792.50%
1994$14.182.83%
1995$14.542.61%
1996$14.942.74%
1997$15.211.78%
1998$15.421.42%
1999$15.862.82%
2000$16.534.20%
2001$17.113.53%
2002$17.341.36%
2003$17.712.11%
2004$17.941.33%
2005$18.523.23%
2006$19.103.12%
2007$19.391.50%
2008$20.274.58%
2009$20.14-0.66%
2010$20.260.59%
2011$20.873.03%
2012$21.312.10%
2013$21.701.81%
2014$21.951.19%
2015$21.85-0.50%
2016$22.151.40%
2017$22.722.55%
2018$23.382.94%
2019$23.882.10%
2020$24.020.62%
2021$25.235.03%
2022$27.468.83%
2023$28.915.27%
2024$29.853.26%*

* 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 * $3 = $29.85

Therefore, according to U.S. Bureau of Labor Statistics, $3 in 1965 has the same "purchasing power" as $29.85 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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