Dallas, Texas prices: $6,000,000 in 1965 $59,695,879.40 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($6,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $53,695,879.40 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, $6,000,000 in Dallas in the year 1965 would cost $59,695,879.40 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
Educational books and supplies · Dallas-Fort Worth, Texas · Food · Houston, Texas · More

Buying power of $6,000,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $6,000,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$6,000,000.001.07%
1966$6,207,705.193.46%
1967$6,398,659.973.08%
1968$6,663,316.584.14%
1969$7,083,752.096.31%
1970$7,524,288.116.22%
1971$7,755,443.893.07%
1972$7,981,574.542.92%
1973$8,395,309.885.18%
1974$9,227,805.709.92%
1975$10,080,402.019.24%
1976$10,695,142.386.10%
1977$11,482,412.067.36%
1978$12,380,234.517.82%
1979$13,917,922.9512.42%
1980$16,276,381.9116.95%
1981$18,187,604.6911.74%
1982$19,286,432.166.04%
1983$19,991,624.793.66%
1984$20,931,323.284.70%
1985$21,715,242.883.75%
1986$22,095,477.391.75%
1987$22,646,566.162.49%
1988$23,304,857.622.91%
1989$24,001,675.042.99%
1990$25,087,102.184.52%
1991$26,261,306.534.68%
1992$26,897,822.452.42%
1993$27,571,189.282.50%
1994$28,350,083.752.83%
1995$29,088,777.222.61%
1996$29,884,422.112.74%
1997$30,417,085.431.78%
1998$30,847,571.191.42%
1999$31,718,592.962.82%
2000$33,051,926.304.20%
2001$34,217,755.443.53%
2002$34,683,417.091.36%
2003$35,413,735.342.11%
2004$35,886,097.151.33%
2005$37,045,226.133.23%
2006$38,201,005.033.12%
2007$38,774,639.871.50%
2008$40,548,710.224.58%
2009$40,281,273.03-0.66%
2010$40,518,358.460.59%
2011$41,745,393.633.03%
2012$42,621,373.532.10%
2013$43,394,572.861.81%
2014$43,909,782.241.19%
2015$43,690,351.76-0.50%
2016$44,303,082.081.40%
2017$45,432,127.302.55%
2018$46,769,112.232.94%
2019$47,751,055.282.10%
2020$48,047,135.680.62%
2021$50,465,628.145.03%
2022$54,919,396.988.83%
2023$57,812,730.325.27%
2024$59,695,879.403.26%*

* 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 * $6,000,000 = $59,695,879.40

Therefore, according to U.S. Bureau of Labor Statistics, $6,000,000 in 1965 has the same "purchasing power" as $59,695,879.40 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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