Dallas, Texas prices: $5.79 in 1964 $58.22 in 2024

Inflation in Texas

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Prices in Dallas, 1964-2024 ($5.79)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 905.60% higher in 2024 versus 1964 (a $52.43 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, $5.79 in Dallas in the year 1964 would cost $58.22 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 $5.79 since 1964

Below are calculations of equivalent buying power in Dallas, over time, for $5.79 beginning in 1964. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1964$5.790.11%
1965$5.851.07%
1966$6.053.46%
1967$6.243.08%
1968$6.504.14%
1969$6.916.31%
1970$7.346.22%
1971$7.563.07%
1972$7.782.92%
1973$8.195.18%
1974$9.009.92%
1975$9.839.24%
1976$10.436.10%
1977$11.207.36%
1978$12.087.82%
1979$13.5712.42%
1980$15.8816.95%
1981$17.7411.74%
1982$18.816.04%
1983$19.503.66%
1984$20.424.70%
1985$21.183.75%
1986$21.551.75%
1987$22.092.49%
1988$22.732.91%
1989$23.412.99%
1990$24.474.52%
1991$25.614.68%
1992$26.232.42%
1993$26.892.50%
1994$27.652.83%
1995$28.372.61%
1996$29.152.74%
1997$29.671.78%
1998$30.091.42%
1999$30.942.82%
2000$32.244.20%
2001$33.373.53%
2002$33.831.36%
2003$34.542.11%
2004$35.001.33%
2005$36.133.23%
2006$37.263.12%
2007$37.821.50%
2008$39.554.58%
2009$39.29-0.66%
2010$39.520.59%
2011$40.723.03%
2012$41.572.10%
2013$42.321.81%
2014$42.831.19%
2015$42.61-0.50%
2016$43.211.40%
2017$44.312.55%
2018$45.622.94%
2019$46.572.10%
2020$46.860.62%
2021$49.225.03%
2022$53.578.83%
2023$56.395.27%
2024$58.223.26%*

* 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 * $5.79 = $58.22

Therefore, according to U.S. Bureau of Labor Statistics, $5.79 in 1964 has the same "purchasing power" as $58.22 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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