Dallas, Texas prices: $1 in 1964 $10.06 in 2024

Inflation in Texas

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Prices in Dallas, 1964-2024 ($1)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 905.60% higher in 2024 versus 1964 (a $9.06 difference in value).

Between 1964 and 2024: Dallas experienced an average inflation rate of 3.92% per year. This rate of change indicates significant inflation. In other words, $1 in Dallas in the year 1964 would cost $10.06 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.91% during this same period, inflation in Dallas was higher.

In the year 1964: Pricing changed by 0.11%, which is significantly below the average yearly change in Dallas during the 1964-2024 time period. Compared to inflation for all items in 1964 (1.28%), 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
New trucks · Milk · Public transportation · Wireless telephone services · More

Buying power of $1.00 since 1964

Below are calculations of equivalent buying power in Dallas, over time, for $1 beginning in 1964. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1964$1.000.11%
1965$1.011.07%
1966$1.053.46%
1967$1.083.08%
1968$1.124.14%
1969$1.196.31%
1970$1.276.22%
1971$1.313.07%
1972$1.342.92%
1973$1.415.18%
1974$1.559.92%
1975$1.709.24%
1976$1.806.10%
1977$1.937.36%
1978$2.097.82%
1979$2.3412.42%
1980$2.7416.95%
1981$3.0611.74%
1982$3.256.04%
1983$3.373.66%
1984$3.534.70%
1985$3.663.75%
1986$3.721.75%
1987$3.812.49%
1988$3.932.91%
1989$4.042.99%
1990$4.234.52%
1991$4.424.68%
1992$4.532.42%
1993$4.642.50%
1994$4.782.83%
1995$4.902.61%
1996$5.032.74%
1997$5.121.78%
1998$5.201.42%
1999$5.342.82%
2000$5.574.20%
2001$5.763.53%
2002$5.841.36%
2003$5.972.11%
2004$6.051.33%
2005$6.243.23%
2006$6.443.12%
2007$6.531.50%
2008$6.834.58%
2009$6.79-0.66%
2010$6.830.59%
2011$7.033.03%
2012$7.182.10%
2013$7.311.81%
2014$7.401.19%
2015$7.36-0.50%
2016$7.461.40%
2017$7.652.55%
2018$7.882.94%
2019$8.042.10%
2020$8.090.62%
2021$8.505.03%
2022$9.258.83%
2023$9.745.27%
2024$10.063.26%*

* 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 1964 * 1964 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 29.533 in the year 1964 and 296.987 in 2024:

296.987 / 29.533 * $1 = $10.06

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1964 has the same "purchasing power" as $10.06 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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