Dallas, Texas prices: $1.50 in 1965 $14.99 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($1.50)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 899.16% higher in 2024 versus 1965 (a $13.49 difference in value).

Between 1965 and 2024: Dallas experienced an average inflation rate of 3.98% per year. This rate of change indicates significant inflation. In other words, $1.50 in Dallas in the year 1965 would cost $14.99 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.96% during this same period, inflation in Dallas was higher.

In the year 1965: Pricing changed by 1.07%, which is below the average yearly change in Dallas during the 1965-2024 time period. Compared to inflation for all items in 1965 (1.59%), 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 $1.50 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $1.50 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$1.501.07%
1966$1.553.46%
1967$1.603.08%
1968$1.674.14%
1969$1.776.31%
1970$1.886.22%
1971$1.943.07%
1972$2.002.92%
1973$2.105.18%
1974$2.319.92%
1975$2.529.24%
1976$2.676.10%
1977$2.877.36%
1978$3.107.82%
1979$3.4812.42%
1980$4.0716.95%
1981$4.5511.74%
1982$4.826.04%
1983$5.003.66%
1984$5.234.70%
1985$5.433.75%
1986$5.521.75%
1987$5.662.49%
1988$5.832.91%
1989$6.002.99%
1990$6.274.52%
1991$6.574.68%
1992$6.722.42%
1993$6.892.50%
1994$7.092.83%
1995$7.272.61%
1996$7.472.74%
1997$7.601.78%
1998$7.711.42%
1999$7.932.82%
2000$8.264.20%
2001$8.553.53%
2002$8.671.36%
2003$8.852.11%
2004$8.971.33%
2005$9.263.23%
2006$9.553.12%
2007$9.691.50%
2008$10.144.58%
2009$10.07-0.66%
2010$10.130.59%
2011$10.443.03%
2012$10.662.10%
2013$10.851.81%
2014$10.981.19%
2015$10.92-0.50%
2016$11.081.40%
2017$11.362.55%
2018$11.692.94%
2019$11.942.10%
2020$12.010.62%
2021$12.625.03%
2022$13.738.83%
2023$14.455.27%
2024$14.993.70%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618298.249

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1965 * 1965 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 29.850 in the year 1965 and 298.249 in 2024:

298.249 / 29.850 * $1.50 = $14.99

Therefore, according to U.S. Bureau of Labor Statistics, $1.50 in 1965 has the same "purchasing power" as $14.99 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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