Dallas, Texas prices: $600,000 in 1964 $6,033,595.94 in 2024

Inflation in Texas

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Prices in Dallas, 1964-2024 ($600,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 905.60% higher in 2024 versus 1964 (a $5,433,595.94 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, $600,000 in Dallas in the year 1964 would cost $6,033,595.94 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 $600,000.00 since 1964

Below are calculations of equivalent buying power in Dallas, over time, for $600,000 beginning in 1964. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1964$600,000.000.11%
1965$606,433.411.07%
1966$627,426.643.46%
1967$646,726.863.08%
1968$673,476.304.14%
1969$715,970.656.31%
1970$760,496.616.22%
1971$783,860.053.07%
1972$806,715.582.92%
1973$848,532.735.18%
1974$932,674.949.92%
1975$1,018,848.769.24%
1976$1,080,981.946.10%
1977$1,160,553.057.36%
1978$1,251,297.977.82%
1979$1,406,715.5812.42%
1980$1,645,090.2916.95%
1981$1,838,261.8511.74%
1982$1,949,322.806.04%
1983$2,020,598.193.66%
1984$2,115,575.624.70%
1985$2,194,808.133.75%
1986$2,233,239.281.75%
1987$2,288,939.052.49%
1988$2,355,474.042.91%
1989$2,425,902.932.99%
1990$2,535,609.484.52%
1991$2,654,288.944.68%
1992$2,718,623.022.42%
1993$2,786,681.722.50%
1994$2,865,406.322.83%
1995$2,940,067.722.61%
1996$3,020,485.332.74%
1997$3,074,322.801.78%
1998$3,117,832.961.42%
1999$3,205,869.072.82%
2000$3,340,632.054.20%
2001$3,458,465.013.53%
2002$3,505,530.471.36%
2003$3,579,345.372.11%
2004$3,627,088.041.33%
2005$3,744,243.793.23%
2006$3,861,060.953.12%
2007$3,919,039.501.50%
2008$4,098,348.764.58%
2009$4,071,318.28-0.66%
2010$4,095,281.040.59%
2011$4,219,300.233.03%
2012$4,307,837.472.10%
2013$4,385,986.461.81%
2014$4,438,059.821.19%
2015$4,415,881.49-0.50%
2016$4,477,811.511.40%
2017$4,591,926.642.55%
2018$4,727,058.692.94%
2019$4,826,305.872.10%
2020$4,856,231.380.62%
2021$5,100,673.815.03%
2022$5,550,826.198.83%
2023$5,843,261.855.27%
2024$6,033,595.943.26%*

* 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 * $600,000 = $6,033,595.94

Therefore, according to U.S. Bureau of Labor Statistics, $600,000 in 1964 has the same "purchasing power" as $6,033,595.94 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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