Dallas, Texas prices: $3,600,000 in 1965 $28,061,467.34 in 2018

Inflation in Texas

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Prices in Dallas, 1965-2018 ($3,600,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas were 679.49% higher in 2018 versus 1965 (a $24,461,467.34 difference in value).

Between 1965 and 2018: Dallas experienced an average inflation rate of 3.95% per year. This rate of change indicates significant inflation. In other words, $3,600,000 in Dallas in the year 1965 would cost $28,061,467.34 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 3.99% during this same period, inflation in Dallas was lower.

In the year 1965: Pricing changed by 1.07%, which is below the average yearly change in Dallas during the 1965-2018 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
Wine at home · Wireless telephone services · New trucks · Admission to sporting events · More

Buying power of $3,600,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $3,600,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$3,600,000.001.07%
1966$3,724,623.123.46%
1967$3,839,195.983.08%
1968$3,997,989.954.14%
1969$4,250,251.266.31%
1970$4,514,572.866.22%
1971$4,653,266.333.07%
1972$4,788,944.722.92%
1973$5,037,185.935.18%
1974$5,536,683.429.92%
1975$6,048,241.219.24%
1976$6,417,085.436.10%
1977$6,889,447.247.36%
1978$7,428,140.707.82%
1979$8,350,753.7712.42%
1980$9,765,829.1516.95%
1981$10,912,562.8111.74%
1982$11,571,859.306.04%
1983$11,994,974.873.66%
1984$12,558,793.974.70%
1985$13,029,145.733.75%
1986$13,257,286.431.75%
1987$13,587,939.702.49%
1988$13,982,914.572.91%
1989$14,401,005.032.99%
1990$15,052,261.314.52%
1991$15,756,783.924.68%
1992$16,138,693.472.42%
1993$16,542,713.572.50%
1994$17,010,050.252.83%
1995$17,453,266.332.61%
1996$17,930,653.272.74%
1997$18,250,251.261.78%
1998$18,508,542.711.42%
1999$19,031,155.782.82%
2000$19,831,155.784.20%
2001$20,530,653.273.53%
2002$20,810,050.251.36%
2003$21,248,241.212.11%
2004$21,531,658.291.33%
2005$22,227,135.683.23%
2006$22,920,603.023.12%
2007$23,264,783.921.50%
2008$24,329,226.134.58%
2009$24,168,763.82-0.66%
2010$24,311,015.080.59%
2011$25,047,236.183.03%
2012$25,572,824.122.10%
2013$26,036,743.721.81%
2014$26,345,869.351.19%
2015$26,214,211.06-0.50%
2016$26,581,849.251.40%
2017$27,259,276.382.55%
2018$28,061,467.342.94%
2019$28,650,633.172.10%
2020$28,828,281.410.62%
2021$30,279,376.885.03%
2022$32,951,638.198.83%
2023$34,687,638.195.27%
2024$35,713,085.432.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2018 / CPI in 1965 * 1965 USD value = 2018 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 232.676 in 2018:

232.676 / 29.850 * $3,600,000 = $28,061,467.34

Therefore, according to U.S. Bureau of Labor Statistics, $3,600,000 in 1965 has the same "purchasing power" as $28,061,467.34 in 2018 (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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