Dallas, Texas prices: $500 in 1964 $5,028 in 2024

Inflation in Texas

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Prices in Dallas, 1964-2024 ($500)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 905.60% higher in 2024 versus 1964 (a $4,528 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, $500 in Dallas in the year 1964 would cost $5,028 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 $500.00 since 1964

Below are calculations of equivalent buying power in Dallas, over time, for $500 beginning in 1964. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1964$500.000.11%
1965$505.361.07%
1966$522.863.46%
1967$538.943.08%
1968$561.234.14%
1969$596.646.31%
1970$633.756.22%
1971$653.223.07%
1972$672.262.92%
1973$707.115.18%
1974$777.239.92%
1975$849.049.24%
1976$900.826.10%
1977$967.137.36%
1978$1,042.757.82%
1979$1,172.2612.42%
1980$1,370.9116.95%
1981$1,531.8811.74%
1982$1,624.446.04%
1983$1,683.833.66%
1984$1,762.984.70%
1985$1,829.013.75%
1986$1,861.031.75%
1987$1,907.452.49%
1988$1,962.902.91%
1989$2,021.592.99%
1990$2,113.014.52%
1991$2,211.914.68%
1992$2,265.522.42%
1993$2,322.232.50%
1994$2,387.842.83%
1995$2,450.062.61%
1996$2,517.072.74%
1997$2,561.941.78%
1998$2,598.191.42%
1999$2,671.562.82%
2000$2,783.864.20%
2001$2,882.053.53%
2002$2,921.281.36%
2003$2,982.792.11%
2004$3,022.571.33%
2005$3,120.203.23%
2006$3,217.553.12%
2007$3,265.871.50%
2008$3,415.294.58%
2009$3,392.77-0.66%
2010$3,412.730.59%
2011$3,516.083.03%
2012$3,589.862.10%
2013$3,654.991.81%
2014$3,698.381.19%
2015$3,679.90-0.50%
2016$3,731.511.40%
2017$3,826.612.55%
2018$3,939.222.94%
2019$4,021.922.10%
2020$4,046.860.62%
2021$4,250.565.03%
2022$4,625.698.83%
2023$4,869.385.27%
2024$5,028.003.26%*

* 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 * $500 = $5,028

Therefore, according to U.S. Bureau of Labor Statistics, $500 in 1964 has the same "purchasing power" as $5,028 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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