Dallas, Texas prices: $1,200 in 1965 $11,939.18 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($1,200)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $10,739.18 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, $1,200 in Dallas in the year 1965 would cost $11,939.18 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 $1,200.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $1,200 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$1,200.001.07%
1966$1,241.543.46%
1967$1,279.733.08%
1968$1,332.664.14%
1969$1,416.756.31%
1970$1,504.866.22%
1971$1,551.093.07%
1972$1,596.312.92%
1973$1,679.065.18%
1974$1,845.569.92%
1975$2,016.089.24%
1976$2,139.036.10%
1977$2,296.487.36%
1978$2,476.057.82%
1979$2,783.5812.42%
1980$3,255.2816.95%
1981$3,637.5211.74%
1982$3,857.296.04%
1983$3,998.323.66%
1984$4,186.264.70%
1985$4,343.053.75%
1986$4,419.101.75%
1987$4,529.312.49%
1988$4,660.972.91%
1989$4,800.342.99%
1990$5,017.424.52%
1991$5,252.264.68%
1992$5,379.562.42%
1993$5,514.242.50%
1994$5,670.022.83%
1995$5,817.762.61%
1996$5,976.882.74%
1997$6,083.421.78%
1998$6,169.511.42%
1999$6,343.722.82%
2000$6,610.394.20%
2001$6,843.553.53%
2002$6,936.681.36%
2003$7,082.752.11%
2004$7,177.221.33%
2005$7,409.053.23%
2006$7,640.203.12%
2007$7,754.931.50%
2008$8,109.744.58%
2009$8,056.25-0.66%
2010$8,103.670.59%
2011$8,349.083.03%
2012$8,524.272.10%
2013$8,678.911.81%
2014$8,781.961.19%
2015$8,738.07-0.50%
2016$8,860.621.40%
2017$9,086.432.55%
2018$9,353.822.94%
2019$9,550.212.10%
2020$9,609.430.62%
2021$10,093.135.03%
2022$10,983.888.83%
2023$11,562.555.27%
2024$11,939.183.26%*

* 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 * $1,200 = $11,939.18

Therefore, according to U.S. Bureau of Labor Statistics, $1,200 in 1965 has the same "purchasing power" as $11,939.18 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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