Dallas, Texas prices: $16,250 in 1964 $163,409.89 in 2024

Inflation in Texas

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Prices in Dallas, 1964-2024 ($16,250)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 905.60% higher in 2024 versus 1964 (a $147,159.89 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, $16,250 in Dallas in the year 1964 would cost $163,409.89 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
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Buying power of $16,250.00 since 1964

Below are calculations of equivalent buying power in Dallas, over time, for $16,250 beginning in 1964. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1964$16,250.000.11%
1965$16,424.241.07%
1966$16,992.803.46%
1967$17,515.523.08%
1968$18,239.984.14%
1969$19,390.876.31%
1970$20,596.786.22%
1971$21,229.543.07%
1972$21,848.552.92%
1973$22,981.095.18%
1974$25,259.959.92%
1975$27,593.829.24%
1976$29,276.596.10%
1977$31,431.657.36%
1978$33,889.327.82%
1979$38,098.5512.42%
1980$44,554.5316.95%
1981$49,786.2611.74%
1982$52,794.166.04%
1983$54,724.533.66%
1984$57,296.844.70%
1985$59,442.723.75%
1986$60,483.561.75%
1987$61,992.102.49%
1988$63,794.092.91%
1989$65,701.542.99%
1990$68,672.764.52%
1991$71,886.994.68%
1992$73,629.372.42%
1993$75,472.632.50%
1994$77,604.752.83%
1995$79,626.832.61%
1996$81,804.812.74%
1997$83,262.911.78%
1998$84,441.311.42%
1999$86,825.622.82%
2000$90,475.454.20%
2001$93,666.763.53%
2002$94,941.451.36%
2003$96,940.602.11%
2004$98,233.631.33%
2005$101,406.603.23%
2006$104,570.403.12%
2007$106,140.651.50%
2008$110,996.954.58%
2009$110,264.87-0.66%
2010$110,913.860.59%
2011$114,272.713.03%
2012$116,670.602.10%
2013$118,787.131.81%
2014$120,197.451.19%
2015$119,596.79-0.50%
2016$121,274.061.40%
2017$124,364.682.55%
2018$128,024.512.94%
2019$130,712.452.10%
2020$131,522.930.62%
2021$138,143.255.03%
2022$150,334.888.83%
2023$158,255.015.27%
2024$163,409.893.26%*

* 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 * $16,250 = $163,409.89

Therefore, according to U.S. Bureau of Labor Statistics, $16,250 in 1964 has the same "purchasing power" as $163,409.89 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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