Dallas, Texas prices: $300 in 1964 $3,016.80 in 2024

Inflation in Texas

$

Prices in Dallas, 1964-2024 ($300)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 905.60% higher in 2024 versus 1964 (a $2,716.80 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, $300 in Dallas in the year 1964 would cost $3,016.80 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
Dallas-Fort Worth, Texas · Milk · Electricity · Boston, Massachusetts · More

Buying power of $300.00 since 1964

Below are calculations of equivalent buying power in Dallas, over time, for $300 beginning in 1964. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1964$300.000.11%
1965$303.221.07%
1966$313.713.46%
1967$323.363.08%
1968$336.744.14%
1969$357.996.31%
1970$380.256.22%
1971$391.933.07%
1972$403.362.92%
1973$424.275.18%
1974$466.349.92%
1975$509.429.24%
1976$540.496.10%
1977$580.287.36%
1978$625.657.82%
1979$703.3612.42%
1980$822.5516.95%
1981$919.1311.74%
1982$974.666.04%
1983$1,010.303.66%
1984$1,057.794.70%
1985$1,097.403.75%
1986$1,116.621.75%
1987$1,144.472.49%
1988$1,177.742.91%
1989$1,212.952.99%
1990$1,267.804.52%
1991$1,327.144.68%
1992$1,359.312.42%
1993$1,393.342.50%
1994$1,432.702.83%
1995$1,470.032.61%
1996$1,510.242.74%
1997$1,537.161.78%
1998$1,558.921.42%
1999$1,602.932.82%
2000$1,670.324.20%
2001$1,729.233.53%
2002$1,752.771.36%
2003$1,789.672.11%
2004$1,813.541.33%
2005$1,872.123.23%
2006$1,930.533.12%
2007$1,959.521.50%
2008$2,049.174.58%
2009$2,035.66-0.66%
2010$2,047.640.59%
2011$2,109.653.03%
2012$2,153.922.10%
2013$2,192.991.81%
2014$2,219.031.19%
2015$2,207.94-0.50%
2016$2,238.911.40%
2017$2,295.962.55%
2018$2,363.532.94%
2019$2,413.152.10%
2020$2,428.120.62%
2021$2,550.345.03%
2022$2,775.418.83%
2023$2,921.635.27%
2024$3,016.803.26%*

* 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 * $300 = $3,016.80

Therefore, according to U.S. Bureau of Labor Statistics, $300 in 1964 has the same "purchasing power" as $3,016.80 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.

» Read more about inflation and investment.