Dallas, Texas prices: $14.95 in 1965 $148.74 in 2024

Inflation in Texas

$

Prices in Dallas, 1965-2024 ($14.95)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $133.79 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, $14.95 in Dallas in the year 1965 would cost $148.74 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
Televisions · Film and photographic supplies · Minneapolis-St Paul, Minnesota · Detroit, Michigan · More

Buying power of $14.95 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $14.95 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$14.951.07%
1966$15.473.46%
1967$15.943.08%
1968$16.604.14%
1969$17.656.31%
1970$18.756.22%
1971$19.323.07%
1972$19.892.92%
1973$20.925.18%
1974$22.999.92%
1975$25.129.24%
1976$26.656.10%
1977$28.617.36%
1978$30.857.82%
1979$34.6812.42%
1980$40.5616.95%
1981$45.3211.74%
1982$48.066.04%
1983$49.813.66%
1984$52.154.70%
1985$54.113.75%
1986$55.051.75%
1987$56.432.49%
1988$58.072.91%
1989$59.802.99%
1990$62.514.52%
1991$65.434.68%
1992$67.022.42%
1993$68.702.50%
1994$70.642.83%
1995$72.482.61%
1996$74.462.74%
1997$75.791.78%
1998$76.861.42%
1999$79.032.82%
2000$82.354.20%
2001$85.263.53%
2002$86.421.36%
2003$88.242.11%
2004$89.421.33%
2005$92.303.23%
2006$95.183.12%
2007$96.611.50%
2008$101.034.58%
2009$100.37-0.66%
2010$100.960.59%
2011$104.023.03%
2012$106.202.10%
2013$108.121.81%
2014$109.411.19%
2015$108.86-0.50%
2016$110.391.40%
2017$113.202.55%
2018$116.532.94%
2019$118.982.10%
2020$119.720.62%
2021$125.745.03%
2022$136.848.83%
2023$144.055.27%
2024$148.743.26%*

* 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 * $14.95 = $148.74

Therefore, according to U.S. Bureau of Labor Statistics, $14.95 in 1965 has the same "purchasing power" as $148.74 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.

» Read more about inflation and investment.