Dallas, Texas prices: $300,000 in 1965 $2,984,793.97 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($300,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $2,684,793.97 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, $300,000 in Dallas in the year 1965 would cost $2,984,793.97 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.96% 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%).

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Buying power of $300,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $300,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$300,000.001.07%
1966$310,385.263.46%
1967$319,933.003.08%
1968$333,165.834.14%
1969$354,187.606.31%
1970$376,214.416.22%
1971$387,772.193.07%
1972$399,078.732.92%
1973$419,765.495.18%
1974$461,390.289.92%
1975$504,020.109.24%
1976$534,757.126.10%
1977$574,120.607.36%
1978$619,011.737.82%
1979$695,896.1512.42%
1980$813,819.1016.95%
1981$909,380.2311.74%
1982$964,321.616.04%
1983$999,581.243.66%
1984$1,046,566.164.70%
1985$1,085,762.143.75%
1986$1,104,773.871.75%
1987$1,132,328.312.49%
1988$1,165,242.882.91%
1989$1,200,083.752.99%
1990$1,254,355.114.52%
1991$1,313,065.334.68%
1992$1,344,891.122.42%
1993$1,378,559.462.50%
1994$1,417,504.192.83%
1995$1,454,438.862.61%
1996$1,494,221.112.74%
1997$1,520,854.271.78%
1998$1,542,378.561.42%
1999$1,585,929.652.82%
2000$1,652,596.314.20%
2001$1,710,887.773.53%
2002$1,734,170.851.36%
2003$1,770,686.772.11%
2004$1,794,304.861.33%
2005$1,852,261.313.23%
2006$1,910,050.253.12%
2007$1,938,731.991.50%
2008$2,027,435.514.58%
2009$2,014,063.65-0.66%
2010$2,025,917.920.59%
2011$2,087,269.683.03%
2012$2,131,068.682.10%
2013$2,169,728.641.81%
2014$2,195,489.111.19%
2015$2,184,517.59-0.50%
2016$2,215,154.101.40%
2017$2,271,606.372.55%
2018$2,338,455.612.94%
2019$2,387,552.762.10%
2020$2,402,356.780.62%
2021$2,523,281.415.03%
2022$2,745,969.858.83%
2023$2,890,636.525.27%
2024$2,984,793.973.26%*

* 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 * $300,000 = $2,984,793.97

Therefore, according to U.S. Bureau of Labor Statistics, $300,000 in 1965 has the same "purchasing power" as $2,984,793.97 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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