Dallas, Texas prices: $2,000 in 1965 $19,898.63 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($2,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $17,898.63 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, $2,000 in Dallas in the year 1965 would cost $19,898.63 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 $2,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $2,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$2,000.001.07%
1966$2,069.243.46%
1967$2,132.893.08%
1968$2,221.114.14%
1969$2,361.256.31%
1970$2,508.106.22%
1971$2,585.153.07%
1972$2,660.522.92%
1973$2,798.445.18%
1974$3,075.949.92%
1975$3,360.139.24%
1976$3,565.056.10%
1977$3,827.477.36%
1978$4,126.747.82%
1979$4,639.3112.42%
1980$5,425.4616.95%
1981$6,062.5311.74%
1982$6,428.816.04%
1983$6,663.873.66%
1984$6,977.114.70%
1985$7,238.413.75%
1986$7,365.161.75%
1987$7,548.862.49%
1988$7,768.292.91%
1989$8,000.562.99%
1990$8,362.374.52%
1991$8,753.774.68%
1992$8,965.942.42%
1993$9,190.402.50%
1994$9,450.032.83%
1995$9,696.262.61%
1996$9,961.472.74%
1997$10,139.031.78%
1998$10,282.521.42%
1999$10,572.862.82%
2000$11,017.314.20%
2001$11,405.923.53%
2002$11,561.141.36%
2003$11,804.582.11%
2004$11,962.031.33%
2005$12,348.413.23%
2006$12,733.673.12%
2007$12,924.881.50%
2008$13,516.244.58%
2009$13,427.09-0.66%
2010$13,506.120.59%
2011$13,915.133.03%
2012$14,207.122.10%
2013$14,464.861.81%
2014$14,636.591.19%
2015$14,563.45-0.50%
2016$14,767.691.40%
2017$15,144.042.55%
2018$15,589.702.94%
2019$15,917.022.10%
2020$16,015.710.62%
2021$16,821.885.03%
2022$18,306.478.83%
2023$19,270.915.27%
2024$19,898.633.26%*

* 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 * $2,000 = $19,898.63

Therefore, according to U.S. Bureau of Labor Statistics, $2,000 in 1965 has the same "purchasing power" as $19,898.63 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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