Dallas, Texas prices: $5 in 1964 $50.13 in 2024

Inflation in Texas

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Prices in Dallas, 1964-2024 ($5)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 902.67% higher in 2024 versus 1964 (a $45.13 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, $5 in Dallas in the year 1964 would cost $50.13 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
Wine at home · New York · Dallas-Fort Worth, Texas · Gasoline (all types) · More

Buying power of $5.00 since 1964

Below are calculations of equivalent buying power in Dallas, over time, for $5 beginning in 1964. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1964$5.000.11%
1965$5.051.07%
1966$5.233.46%
1967$5.393.08%
1968$5.614.14%
1969$5.976.31%
1970$6.346.22%
1971$6.533.07%
1972$6.722.92%
1973$7.075.18%
1974$7.779.92%
1975$8.499.24%
1976$9.016.10%
1977$9.677.36%
1978$10.437.82%
1979$11.7212.42%
1980$13.7116.95%
1981$15.3211.74%
1982$16.246.04%
1983$16.843.66%
1984$17.634.70%
1985$18.293.75%
1986$18.611.75%
1987$19.072.49%
1988$19.632.91%
1989$20.222.99%
1990$21.134.52%
1991$22.124.68%
1992$22.662.42%
1993$23.222.50%
1994$23.882.83%
1995$24.502.61%
1996$25.172.74%
1997$25.621.78%
1998$25.981.42%
1999$26.722.82%
2000$27.844.20%
2001$28.823.53%
2002$29.211.36%
2003$29.832.11%
2004$30.231.33%
2005$31.203.23%
2006$32.183.12%
2007$32.661.50%
2008$34.154.58%
2009$33.93-0.66%
2010$34.130.59%
2011$35.163.03%
2012$35.902.10%
2013$36.551.81%
2014$36.981.19%
2015$36.80-0.50%
2016$37.321.40%
2017$38.272.55%
2018$39.392.94%
2019$40.222.10%
2020$40.470.62%
2021$42.515.03%
2022$46.268.83%
2023$48.695.27%
2024$50.132.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

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 296.121 in 2024:

296.121 / 29.533 * $5 = $50.13

Therefore, according to U.S. Bureau of Labor Statistics, $5 in 1964 has the same "purchasing power" as $50.13 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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