Dallas, Texas prices: $1,000 in 1964 $10,055.99 in 2024

Inflation in Texas

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Prices in Dallas, 1964-2024 ($1,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 905.60% higher in 2024 versus 1964 (a $9,055.99 difference in value).

Between 1964 and 2024: Dallas experienced an average inflation rate of 3.92% per year. This rate of change indicates significant inflation. In other words, $1,000 in Dallas in the year 1964 would cost $10,055.99 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.91% during this same period, inflation in Dallas was higher.

In the year 1964: Pricing changed by 0.11%, which is significantly below the average yearly change in Dallas during the 1964-2024 time period. Compared to inflation for all items in 1964 (1.28%), 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
Hospital services · Rent of primary residence · Housing · Women's apparel · More

Buying power of $1,000.00 since 1964

Below are calculations of equivalent buying power in Dallas, over time, for $1,000 beginning in 1964. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1964$1,000.000.11%
1965$1,010.721.07%
1966$1,045.713.46%
1967$1,077.883.08%
1968$1,122.464.14%
1969$1,193.286.31%
1970$1,267.496.22%
1971$1,306.433.07%
1972$1,344.532.92%
1973$1,414.225.18%
1974$1,554.469.92%
1975$1,698.089.24%
1976$1,801.646.10%
1977$1,934.267.36%
1978$2,085.507.82%
1979$2,344.5312.42%
1980$2,741.8216.95%
1981$3,063.7711.74%
1982$3,248.876.04%
1983$3,367.663.66%
1984$3,525.964.70%
1985$3,658.013.75%
1986$3,722.071.75%
1987$3,814.902.49%
1988$3,925.792.91%
1989$4,043.172.99%
1990$4,226.024.52%
1991$4,423.814.68%
1992$4,531.042.42%
1993$4,644.472.50%
1994$4,775.682.83%
1995$4,900.112.61%
1996$5,034.142.74%
1997$5,123.871.78%
1998$5,196.391.42%
1999$5,343.122.82%
2000$5,567.724.20%
2001$5,764.113.53%
2002$5,842.551.36%
2003$5,965.582.11%
2004$6,045.151.33%
2005$6,240.413.23%
2006$6,435.103.12%
2007$6,531.731.50%
2008$6,830.584.58%
2009$6,785.53-0.66%
2010$6,825.470.59%
2011$7,032.173.03%
2012$7,179.732.10%
2013$7,309.981.81%
2014$7,396.771.19%
2015$7,359.80-0.50%
2016$7,463.021.40%
2017$7,653.212.55%
2018$7,878.432.94%
2019$8,043.842.10%
2020$8,093.720.62%
2021$8,501.125.03%
2022$9,251.388.83%
2023$9,738.775.27%
2024$10,055.993.26%*

* 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 1964 * 1964 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 29.533 in the year 1964 and 296.987 in 2024:

296.987 / 29.533 * $1,000 = $10,055.99

Therefore, according to U.S. Bureau of Labor Statistics, $1,000 in 1964 has the same "purchasing power" as $10,055.99 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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