Dallas, Texas prices: $1,345 in 1965 $13,381.83 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($1,345)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $12,036.83 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, $1,345 in Dallas in the year 1965 would cost $13,381.83 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 $1,345.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $1,345 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$1,345.001.07%
1966$1,391.563.46%
1967$1,434.373.08%
1968$1,493.694.14%
1969$1,587.946.31%
1970$1,686.696.22%
1971$1,738.513.07%
1972$1,789.202.92%
1973$1,881.955.18%
1974$2,068.579.92%
1975$2,259.699.24%
1976$2,397.496.10%
1977$2,573.977.36%
1978$2,775.247.82%
1979$3,119.9312.42%
1980$3,648.6216.95%
1981$4,077.0511.74%
1982$4,323.386.04%
1983$4,481.463.66%
1984$4,692.104.70%
1985$4,867.833.75%
1986$4,953.071.75%
1987$5,076.612.49%
1988$5,224.172.91%
1989$5,380.382.99%
1990$5,623.694.52%
1991$5,886.914.68%
1992$6,029.602.42%
1993$6,180.542.50%
1994$6,355.142.83%
1995$6,520.732.61%
1996$6,699.092.74%
1997$6,818.501.78%
1998$6,915.001.42%
1999$7,110.252.82%
2000$7,409.144.20%
2001$7,670.483.53%
2002$7,774.871.36%
2003$7,938.582.11%
2004$8,044.471.33%
2005$8,304.303.23%
2006$8,563.393.12%
2007$8,691.981.50%
2008$9,089.674.58%
2009$9,029.72-0.66%
2010$9,082.870.59%
2011$9,357.933.03%
2012$9,554.292.10%
2013$9,727.621.81%
2014$9,843.111.19%
2015$9,793.92-0.50%
2016$9,931.271.40%
2017$10,184.372.55%
2018$10,484.082.94%
2019$10,704.192.10%
2020$10,770.570.62%
2021$11,312.715.03%
2022$12,311.108.83%
2023$12,959.695.27%
2024$13,381.833.26%*

* 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 * $1,345 = $13,381.83

Therefore, according to U.S. Bureau of Labor Statistics, $1,345 in 1965 has the same "purchasing power" as $13,381.83 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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