Dallas, Texas prices: $50,000 in 1965 $497,465.66 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($50,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $447,465.66 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, $50,000 in Dallas in the year 1965 would cost $497,465.66 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 $50,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $50,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$50,000.001.07%
1966$51,730.883.46%
1967$53,322.173.08%
1968$55,527.644.14%
1969$59,031.276.31%
1970$62,702.406.22%
1971$64,628.703.07%
1972$66,513.122.92%
1973$69,960.925.18%
1974$76,898.389.92%
1975$84,003.359.24%
1976$89,126.196.10%
1977$95,686.777.36%
1978$103,168.627.82%
1979$115,982.6912.42%
1980$135,636.5216.95%
1981$151,563.3711.74%
1982$160,720.276.04%
1983$166,596.873.66%
1984$174,427.694.70%
1985$180,960.363.75%
1986$184,128.981.75%
1987$188,721.382.49%
1988$194,207.152.91%
1989$200,013.962.99%
1990$209,059.184.52%
1991$218,844.224.68%
1992$224,148.522.42%
1993$229,759.912.50%
1994$236,250.702.83%
1995$242,406.482.61%
1996$249,036.852.74%
1997$253,475.711.78%
1998$257,063.091.42%
1999$264,321.612.82%
2000$275,432.724.20%
2001$285,147.963.53%
2002$289,028.481.36%
2003$295,114.462.11%
2004$299,050.811.33%
2005$308,710.223.23%
2006$318,341.713.12%
2007$323,122.001.50%
2008$337,905.924.58%
2009$335,677.28-0.66%
2010$337,652.990.59%
2011$347,878.283.03%
2012$355,178.112.10%
2013$361,621.441.81%
2014$365,914.851.19%
2015$364,086.26-0.50%
2016$369,192.351.40%
2017$378,601.062.55%
2018$389,742.602.94%
2019$397,925.462.10%
2020$400,392.800.62%
2021$420,546.905.03%
2022$457,661.648.83%
2023$481,772.755.27%
2024$497,465.663.26%*

* 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 * $50,000 = $497,465.66

Therefore, according to U.S. Bureau of Labor Statistics, $50,000 in 1965 has the same "purchasing power" as $497,465.66 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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