Dallas, Texas prices: $1.50 in 1966 $14.42 in 2024

Inflation in Texas

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Prices in Dallas, 1966-2024 ($1.50)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 861.64% higher in 2024 versus 1966 (a $12.92 difference in value).

Between 1966 and 2024: Dallas experienced an average inflation rate of 3.98% per year. This rate of change indicates significant inflation. In other words, $1.50 in Dallas in the year 1966 would cost $14.42 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.97% during this same period, inflation in Dallas was higher.

In the year 1966: Pricing changed by 3.46%, which is below the average yearly change in Dallas during the 1966-2024 time period. Compared to inflation for all items in 1966 (3%), inflation in Dallas was higher.

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
Dental services · Film and photographic supplies · Dallas-Fort Worth, Texas · Admission to sporting events · More

Buying power of $1.50 since 1966

Below are calculations of equivalent buying power in Dallas, over time, for $1.50 beginning in 1966. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1966$1.503.46%
1967$1.553.08%
1968$1.614.14%
1969$1.716.31%
1970$1.826.22%
1971$1.873.07%
1972$1.932.92%
1973$2.035.18%
1974$2.239.92%
1975$2.449.24%
1976$2.586.10%
1977$2.777.36%
1978$2.997.82%
1979$3.3612.42%
1980$3.9316.95%
1981$4.3911.74%
1982$4.666.04%
1983$4.833.66%
1984$5.064.70%
1985$5.253.75%
1986$5.341.75%
1987$5.472.49%
1988$5.632.91%
1989$5.802.99%
1990$6.064.52%
1991$6.354.68%
1992$6.502.42%
1993$6.662.50%
1994$6.852.83%
1995$7.032.61%
1996$7.222.74%
1997$7.351.78%
1998$7.451.42%
1999$7.662.82%
2000$7.994.20%
2001$8.273.53%
2002$8.381.36%
2003$8.562.11%
2004$8.671.33%
2005$8.953.23%
2006$9.233.12%
2007$9.371.50%
2008$9.804.58%
2009$9.73-0.66%
2010$9.790.59%
2011$10.093.03%
2012$10.302.10%
2013$10.491.81%
2014$10.611.19%
2015$10.56-0.50%
2016$10.711.40%
2017$10.982.55%
2018$11.302.94%
2019$11.542.10%
2020$11.610.62%
2021$12.195.03%
2022$13.278.83%
2023$13.975.27%
2024$14.423.26%*

* 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 1966 * 1966 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 30.883 in the year 1966 and 296.987 in 2024:

296.987 / 30.883 * $1.50 = $14.42

Therefore, according to U.S. Bureau of Labor Statistics, $1.50 in 1966 has the same "purchasing power" as $14.42 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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