Dallas, Texas prices: $12.95 in 1965 $129.72 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($12.95)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 901.68% higher in 2024 versus 1965 (a $116.77 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, $12.95 in Dallas in the year 1965 would cost $129.72 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.97% 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 $12.95 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $12.95 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$12.951.07%
1966$13.403.46%
1967$13.813.08%
1968$14.384.14%
1969$15.296.31%
1970$16.246.22%
1971$16.743.07%
1972$17.232.92%
1973$18.125.18%
1974$19.929.92%
1975$21.769.24%
1976$23.086.10%
1977$24.787.36%
1978$26.727.82%
1979$30.0412.42%
1980$35.1316.95%
1981$39.2511.74%
1982$41.636.04%
1983$43.153.66%
1984$45.184.70%
1985$46.873.75%
1986$47.691.75%
1987$48.882.49%
1988$50.302.91%
1989$51.802.99%
1990$54.154.52%
1991$56.684.68%
1992$58.052.42%
1993$59.512.50%
1994$61.192.83%
1995$62.782.61%
1996$64.502.74%
1997$65.651.78%
1998$66.581.42%
1999$68.462.82%
2000$71.344.20%
2001$73.853.53%
2002$74.861.36%
2003$76.432.11%
2004$77.451.33%
2005$79.963.23%
2006$82.453.12%
2007$83.691.50%
2008$87.524.58%
2009$86.94-0.66%
2010$87.450.59%
2011$90.103.03%
2012$91.992.10%
2013$93.661.81%
2014$94.771.19%
2015$94.30-0.50%
2016$95.621.40%
2017$98.062.55%
2018$100.942.94%
2019$103.062.10%
2020$103.700.62%
2021$108.925.03%
2022$118.538.83%
2023$124.785.27%
2024$129.723.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618299.000

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 299.000 in 2024:

299.000 / 29.850 * $12.95 = $129.72

Therefore, according to U.S. Bureau of Labor Statistics, $12.95 in 1965 has the same "purchasing power" as $129.72 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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