Dallas, Texas prices: $60,000,000 in 1965 $596,958,793.97 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($60,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $536,958,793.97 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, $60,000,000 in Dallas in the year 1965 would cost $596,958,793.97 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 $60,000,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $60,000,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$60,000,000.001.07%
1966$62,077,051.933.46%
1967$63,986,599.663.08%
1968$66,633,165.834.14%
1969$70,837,520.946.31%
1970$75,242,881.076.22%
1971$77,554,438.863.07%
1972$79,815,745.392.92%
1973$83,953,098.835.18%
1974$92,278,056.959.92%
1975$100,804,020.109.24%
1976$106,951,423.796.10%
1977$114,824,120.607.36%
1978$123,802,345.067.82%
1979$139,179,229.4812.42%
1980$162,763,819.1016.95%
1981$181,876,046.9011.74%
1982$192,864,321.616.04%
1983$199,916,247.913.66%
1984$209,313,232.834.70%
1985$217,152,428.813.75%
1986$220,954,773.871.75%
1987$226,465,661.642.49%
1988$233,048,576.212.91%
1989$240,016,750.422.99%
1990$250,871,021.784.52%
1991$262,613,065.334.68%
1992$268,978,224.462.42%
1993$275,711,892.802.50%
1994$283,500,837.522.83%
1995$290,887,772.192.61%
1996$298,844,221.112.74%
1997$304,170,854.271.78%
1998$308,475,711.891.42%
1999$317,185,929.652.82%
2000$330,519,262.984.20%
2001$342,177,554.443.53%
2002$346,834,170.851.36%
2003$354,137,353.432.11%
2004$358,860,971.521.33%
2005$370,452,261.313.23%
2006$382,010,050.253.12%
2007$387,746,398.661.50%
2008$405,487,102.184.58%
2009$402,812,730.32-0.66%
2010$405,183,584.590.59%
2011$417,453,936.353.03%
2012$426,213,735.342.10%
2013$433,945,728.641.81%
2014$439,097,822.451.19%
2015$436,903,517.59-0.50%
2016$443,030,820.771.40%
2017$454,321,273.032.55%
2018$467,691,122.282.94%
2019$477,510,552.762.10%
2020$480,471,356.780.62%
2021$504,656,281.415.03%
2022$549,193,969.858.83%
2023$578,127,303.185.27%
2024$596,958,793.973.26%*

* 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 * $60,000,000 = $596,958,793.97

Therefore, according to U.S. Bureau of Labor Statistics, $60,000,000 in 1965 has the same "purchasing power" as $596,958,793.97 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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