Dallas, Texas prices: $16 in 1964 $160.90 in 2024

Inflation in Texas

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Prices in Dallas, 1964-2024 ($16)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 905.60% higher in 2024 versus 1964 (a $144.90 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, $16 in Dallas in the year 1964 would cost $160.90 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.92% 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
Airline fares · Wine at home · Rent of primary residence · Bananas · More

Buying power of $16.00 since 1964

Below are calculations of equivalent buying power in Dallas, over time, for $16 beginning in 1964. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1964$16.000.11%
1965$16.171.07%
1966$16.733.46%
1967$17.253.08%
1968$17.964.14%
1969$19.096.31%
1970$20.286.22%
1971$20.903.07%
1972$21.512.92%
1973$22.635.18%
1974$24.879.92%
1975$27.179.24%
1976$28.836.10%
1977$30.957.36%
1978$33.377.82%
1979$37.5112.42%
1980$43.8716.95%
1981$49.0211.74%
1982$51.986.04%
1983$53.883.66%
1984$56.424.70%
1985$58.533.75%
1986$59.551.75%
1987$61.042.49%
1988$62.812.91%
1989$64.692.99%
1990$67.624.52%
1991$70.784.68%
1992$72.502.42%
1993$74.312.50%
1994$76.412.83%
1995$78.402.61%
1996$80.552.74%
1997$81.981.78%
1998$83.141.42%
1999$85.492.82%
2000$89.084.20%
2001$92.233.53%
2002$93.481.36%
2003$95.452.11%
2004$96.721.33%
2005$99.853.23%
2006$102.963.12%
2007$104.511.50%
2008$109.294.58%
2009$108.57-0.66%
2010$109.210.59%
2011$112.513.03%
2012$114.882.10%
2013$116.961.81%
2014$118.351.19%
2015$117.76-0.50%
2016$119.411.40%
2017$122.452.55%
2018$126.052.94%
2019$128.702.10%
2020$129.500.62%
2021$136.025.03%
2022$148.028.83%
2023$155.825.27%
2024$160.903.26%*

* 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 * $16 = $160.90

Therefore, according to U.S. Bureau of Labor Statistics, $16 in 1964 has the same "purchasing power" as $160.90 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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