Dallas, Texas prices: $2.50 in 1964 $25.14 in 2024

Inflation in Texas

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Prices in Dallas, 1964-2024 ($2.50)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 905.60% higher in 2024 versus 1964 (a $22.64 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, $2.50 in Dallas in the year 1964 would cost $25.14 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
Food · Houston, Texas · Public transportation · Educational books and supplies · More

Buying power of $2.50 since 1964

Below are calculations of equivalent buying power in Dallas, over time, for $2.50 beginning in 1964. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1964$2.500.11%
1965$2.531.07%
1966$2.613.46%
1967$2.693.08%
1968$2.814.14%
1969$2.986.31%
1970$3.176.22%
1971$3.273.07%
1972$3.362.92%
1973$3.545.18%
1974$3.899.92%
1975$4.259.24%
1976$4.506.10%
1977$4.847.36%
1978$5.217.82%
1979$5.8612.42%
1980$6.8516.95%
1981$7.6611.74%
1982$8.126.04%
1983$8.423.66%
1984$8.814.70%
1985$9.153.75%
1986$9.311.75%
1987$9.542.49%
1988$9.812.91%
1989$10.112.99%
1990$10.574.52%
1991$11.064.68%
1992$11.332.42%
1993$11.612.50%
1994$11.942.83%
1995$12.252.61%
1996$12.592.74%
1997$12.811.78%
1998$12.991.42%
1999$13.362.82%
2000$13.924.20%
2001$14.413.53%
2002$14.611.36%
2003$14.912.11%
2004$15.111.33%
2005$15.603.23%
2006$16.093.12%
2007$16.331.50%
2008$17.084.58%
2009$16.96-0.66%
2010$17.060.59%
2011$17.583.03%
2012$17.952.10%
2013$18.271.81%
2014$18.491.19%
2015$18.40-0.50%
2016$18.661.40%
2017$19.132.55%
2018$19.702.94%
2019$20.112.10%
2020$20.230.62%
2021$21.255.03%
2022$23.138.83%
2023$24.355.27%
2024$25.143.26%*

* 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 * $2.50 = $25.14

Therefore, according to U.S. Bureau of Labor Statistics, $2.50 in 1964 has the same "purchasing power" as $25.14 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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