Dallas, Texas prices: $12,000 in 1965 $119,391.76 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($12,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $107,391.76 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, $12,000 in Dallas in the year 1965 would cost $119,391.76 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 $12,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $12,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$12,000.001.07%
1966$12,415.413.46%
1967$12,797.323.08%
1968$13,326.634.14%
1969$14,167.506.31%
1970$15,048.586.22%
1971$15,510.893.07%
1972$15,963.152.92%
1973$16,790.625.18%
1974$18,455.619.92%
1975$20,160.809.24%
1976$21,390.286.10%
1977$22,964.827.36%
1978$24,760.477.82%
1979$27,835.8512.42%
1980$32,552.7616.95%
1981$36,375.2111.74%
1982$38,572.866.04%
1983$39,983.253.66%
1984$41,862.654.70%
1985$43,430.493.75%
1986$44,190.951.75%
1987$45,293.132.49%
1988$46,609.722.91%
1989$48,003.352.99%
1990$50,174.204.52%
1991$52,522.614.68%
1992$53,795.642.42%
1993$55,142.382.50%
1994$56,700.172.83%
1995$58,177.552.61%
1996$59,768.842.74%
1997$60,834.171.78%
1998$61,695.141.42%
1999$63,437.192.82%
2000$66,103.854.20%
2001$68,435.513.53%
2002$69,366.831.36%
2003$70,827.472.11%
2004$71,772.191.33%
2005$74,090.453.23%
2006$76,402.013.12%
2007$77,549.281.50%
2008$81,097.424.58%
2009$80,562.55-0.66%
2010$81,036.720.59%
2011$83,490.793.03%
2012$85,242.752.10%
2013$86,789.151.81%
2014$87,819.561.19%
2015$87,380.70-0.50%
2016$88,606.161.40%
2017$90,864.252.55%
2018$93,538.222.94%
2019$95,502.112.10%
2020$96,094.270.62%
2021$100,931.265.03%
2022$109,838.798.83%
2023$115,625.465.27%
2024$119,391.763.26%*

* 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 * $12,000 = $119,391.76

Therefore, according to U.S. Bureau of Labor Statistics, $12,000 in 1965 has the same "purchasing power" as $119,391.76 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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