Dallas, Texas prices: $6,741 in 1965 $67,068.32 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($6,741)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $60,327.32 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, $6,741 in Dallas in the year 1965 would cost $67,068.32 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%).

View price changes for other categories
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Buying power of $6,741.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $6,741 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$6,741.001.07%
1966$6,974.363.46%
1967$7,188.893.08%
1968$7,486.244.14%
1969$7,958.606.31%
1970$8,453.546.22%
1971$8,713.243.07%
1972$8,967.302.92%
1973$9,432.135.18%
1974$10,367.449.92%
1975$11,325.339.24%
1976$12,015.996.10%
1977$12,900.497.36%
1978$13,909.197.82%
1979$15,636.7912.42%
1980$18,286.5216.95%
1981$20,433.7711.74%
1982$21,668.316.04%
1983$22,460.593.66%
1984$23,516.344.70%
1985$24,397.083.75%
1986$24,824.271.75%
1987$25,443.422.49%
1988$26,183.012.91%
1989$26,965.882.99%
1990$28,185.364.52%
1991$29,504.584.68%
1992$30,219.702.42%
1993$30,976.232.50%
1994$31,851.322.83%
1995$32,681.242.61%
1996$33,575.152.74%
1997$34,173.601.78%
1998$34,657.251.42%
1999$35,635.842.82%
2000$37,133.844.20%
2001$38,443.653.53%
2002$38,966.821.36%
2003$39,787.332.11%
2004$40,318.031.33%
2005$41,620.313.23%
2006$42,918.833.12%
2007$43,563.311.50%
2008$45,556.484.58%
2009$45,256.01-0.66%
2010$45,522.380.59%
2011$46,900.953.03%
2012$47,885.112.10%
2013$48,753.801.81%
2014$49,332.641.19%
2015$49,086.11-0.50%
2016$49,774.511.40%
2017$51,043.002.55%
2018$52,545.102.94%
2019$53,648.312.10%
2020$53,980.960.62%
2021$56,698.135.03%
2022$61,701.948.83%
2023$64,952.605.27%
2024$67,068.323.26%*

* 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 * $6,741 = $67,068.32

Therefore, according to U.S. Bureau of Labor Statistics, $6,741 in 1965 has the same "purchasing power" as $67,068.32 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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