Dallas, Texas prices: $3.50 in 1964 $35.20 in 2024

Inflation in Texas

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Prices in Dallas, 1964-2024 ($3.50)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 905.60% higher in 2024 versus 1964 (a $31.70 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, $3.50 in Dallas in the year 1964 would cost $35.20 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 $3.50 since 1964

Below are calculations of equivalent buying power in Dallas, over time, for $3.50 beginning in 1964. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1964$3.500.11%
1965$3.541.07%
1966$3.663.46%
1967$3.773.08%
1968$3.934.14%
1969$4.186.31%
1970$4.446.22%
1971$4.573.07%
1972$4.712.92%
1973$4.955.18%
1974$5.449.92%
1975$5.949.24%
1976$6.316.10%
1977$6.777.36%
1978$7.307.82%
1979$8.2112.42%
1980$9.6016.95%
1981$10.7211.74%
1982$11.376.04%
1983$11.793.66%
1984$12.344.70%
1985$12.803.75%
1986$13.031.75%
1987$13.352.49%
1988$13.742.91%
1989$14.152.99%
1990$14.794.52%
1991$15.484.68%
1992$15.862.42%
1993$16.262.50%
1994$16.712.83%
1995$17.152.61%
1996$17.622.74%
1997$17.931.78%
1998$18.191.42%
1999$18.702.82%
2000$19.494.20%
2001$20.173.53%
2002$20.451.36%
2003$20.882.11%
2004$21.161.33%
2005$21.843.23%
2006$22.523.12%
2007$22.861.50%
2008$23.914.58%
2009$23.75-0.66%
2010$23.890.59%
2011$24.613.03%
2012$25.132.10%
2013$25.581.81%
2014$25.891.19%
2015$25.76-0.50%
2016$26.121.40%
2017$26.792.55%
2018$27.572.94%
2019$28.152.10%
2020$28.330.62%
2021$29.755.03%
2022$32.388.83%
2023$34.095.27%
2024$35.203.26%*

* 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 * $3.50 = $35.20

Therefore, according to U.S. Bureau of Labor Statistics, $3.50 in 1964 has the same "purchasing power" as $35.20 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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