Dallas, Texas prices: $120,000 in 1965 $1,193,917.59 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($120,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $1,073,917.59 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, $120,000 in Dallas in the year 1965 would cost $1,193,917.59 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
Philadelphia, Pennsylvania · Electricity · Phoenix, Arizona · Gasoline (all types) · More

Buying power of $120,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $120,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$120,000.001.07%
1966$124,154.103.46%
1967$127,973.203.08%
1968$133,266.334.14%
1969$141,675.046.31%
1970$150,485.766.22%
1971$155,108.883.07%
1972$159,631.492.92%
1973$167,906.205.18%
1974$184,556.119.92%
1975$201,608.049.24%
1976$213,902.856.10%
1977$229,648.247.36%
1978$247,604.697.82%
1979$278,358.4612.42%
1980$325,527.6416.95%
1981$363,752.0911.74%
1982$385,728.646.04%
1983$399,832.503.66%
1984$418,626.474.70%
1985$434,304.863.75%
1986$441,909.551.75%
1987$452,931.322.49%
1988$466,097.152.91%
1989$480,033.502.99%
1990$501,742.044.52%
1991$525,226.134.68%
1992$537,956.452.42%
1993$551,423.792.50%
1994$567,001.682.83%
1995$581,775.542.61%
1996$597,688.442.74%
1997$608,341.711.78%
1998$616,951.421.42%
1999$634,371.862.82%
2000$661,038.534.20%
2001$684,355.113.53%
2002$693,668.341.36%
2003$708,274.712.11%
2004$717,721.941.33%
2005$740,904.523.23%
2006$764,020.103.12%
2007$775,492.801.50%
2008$810,974.204.58%
2009$805,625.46-0.66%
2010$810,367.170.59%
2011$834,907.873.03%
2012$852,427.472.10%
2013$867,891.461.81%
2014$878,195.641.19%
2015$873,807.04-0.50%
2016$886,061.641.40%
2017$908,642.552.55%
2018$935,382.242.94%
2019$955,021.112.10%
2020$960,942.710.62%
2021$1,009,312.565.03%
2022$1,098,387.948.83%
2023$1,156,254.615.27%
2024$1,193,917.593.26%*

* 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 * $120,000 = $1,193,917.59

Therefore, according to U.S. Bureau of Labor Statistics, $120,000 in 1965 has the same "purchasing power" as $1,193,917.59 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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