Dallas, Texas prices: $5,000 in 1964 $50,279.97 in 2024

Inflation in Texas

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Prices in Dallas, 1964-2024 ($5,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 905.60% higher in 2024 versus 1964 (a $45,279.97 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, $5,000 in Dallas in the year 1964 would cost $50,279.97 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
Gasoline (all types) · New cars · Public transportation · Hospital services · More

Buying power of $5,000.00 since 1964

Below are calculations of equivalent buying power in Dallas, over time, for $5,000 beginning in 1964. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1964$5,000.000.11%
1965$5,053.611.07%
1966$5,228.563.46%
1967$5,389.393.08%
1968$5,612.304.14%
1969$5,966.426.31%
1970$6,337.476.22%
1971$6,532.173.07%
1972$6,722.632.92%
1973$7,071.115.18%
1974$7,772.299.92%
1975$8,490.419.24%
1976$9,008.186.10%
1977$9,671.287.36%
1978$10,427.487.82%
1979$11,722.6312.42%
1980$13,709.0916.95%
1981$15,318.8511.74%
1982$16,244.366.04%
1983$16,838.323.66%
1984$17,629.804.70%
1985$18,290.073.75%
1986$18,610.331.75%
1987$19,074.492.49%
1988$19,628.952.91%
1989$20,215.862.99%
1990$21,130.084.52%
1991$22,119.074.68%
1992$22,655.192.42%
1993$23,222.352.50%
1994$23,878.392.83%
1995$24,500.562.61%
1996$25,170.712.74%
1997$25,619.361.78%
1998$25,981.941.42%
1999$26,715.582.82%
2000$27,838.604.20%
2001$28,820.543.53%
2002$29,212.751.36%
2003$29,827.882.11%
2004$30,225.731.33%
2005$31,202.033.23%
2006$32,175.513.12%
2007$32,658.661.50%
2008$34,152.914.58%
2009$33,927.65-0.66%
2010$34,127.340.59%
2011$35,160.843.03%
2012$35,898.652.10%
2013$36,549.891.81%
2014$36,983.831.19%
2015$36,799.01-0.50%
2016$37,315.101.40%
2017$38,266.062.55%
2018$39,392.162.94%
2019$40,219.222.10%
2020$40,468.590.62%
2021$42,505.625.03%
2022$46,256.888.83%
2023$48,693.855.27%
2024$50,279.973.26%*

* 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 * $5,000 = $50,279.97

Therefore, according to U.S. Bureau of Labor Statistics, $5,000 in 1964 has the same "purchasing power" as $50,279.97 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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