Dallas, Texas prices: $1.60 in 1965 $15.92 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($1.60)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $14.32 difference in value).

Between 1965 and 2024: Dallas experienced an average inflation rate of 3.97% per year. This rate of change indicates significant inflation. In other words, $1.60 in Dallas in the year 1965 would cost $15.92 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.95% 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 $1.60 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $1.60 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$1.601.07%
1966$1.663.46%
1967$1.713.08%
1968$1.784.14%
1969$1.896.31%
1970$2.016.22%
1971$2.073.07%
1972$2.132.92%
1973$2.245.18%
1974$2.469.92%
1975$2.699.24%
1976$2.856.10%
1977$3.067.36%
1978$3.307.82%
1979$3.7112.42%
1980$4.3416.95%
1981$4.8511.74%
1982$5.146.04%
1983$5.333.66%
1984$5.584.70%
1985$5.793.75%
1986$5.891.75%
1987$6.042.49%
1988$6.212.91%
1989$6.402.99%
1990$6.694.52%
1991$7.004.68%
1992$7.172.42%
1993$7.352.50%
1994$7.562.83%
1995$7.762.61%
1996$7.972.74%
1997$8.111.78%
1998$8.231.42%
1999$8.462.82%
2000$8.814.20%
2001$9.123.53%
2002$9.251.36%
2003$9.442.11%
2004$9.571.33%
2005$9.883.23%
2006$10.193.12%
2007$10.341.50%
2008$10.814.58%
2009$10.74-0.66%
2010$10.800.59%
2011$11.133.03%
2012$11.372.10%
2013$11.571.81%
2014$11.711.19%
2015$11.65-0.50%
2016$11.811.40%
2017$12.122.55%
2018$12.472.94%
2019$12.732.10%
2020$12.810.62%
2021$13.465.03%
2022$14.658.83%
2023$15.425.27%
2024$15.923.26%*

* 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 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 296.987 in 2024:

296.987 / 29.850 * $1.60 = $15.92

Therefore, according to U.S. Bureau of Labor Statistics, $1.60 in 1965 has the same "purchasing power" as $15.92 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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