Dallas, Texas prices: $16.95 in 1965 $168.64 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($16.95)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $151.69 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, $16.95 in Dallas in the year 1965 would cost $168.64 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 $16.95 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $16.95 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$16.951.07%
1966$17.543.46%
1967$18.083.08%
1968$18.824.14%
1969$20.016.31%
1970$21.266.22%
1971$21.913.07%
1972$22.552.92%
1973$23.725.18%
1974$26.079.92%
1975$28.489.24%
1976$30.216.10%
1977$32.447.36%
1978$34.977.82%
1979$39.3212.42%
1980$45.9816.95%
1981$51.3811.74%
1982$54.486.04%
1983$56.483.66%
1984$59.134.70%
1985$61.353.75%
1986$62.421.75%
1987$63.982.49%
1988$65.842.91%
1989$67.802.99%
1990$70.874.52%
1991$74.194.68%
1992$75.992.42%
1993$77.892.50%
1994$80.092.83%
1995$82.182.61%
1996$84.422.74%
1997$85.931.78%
1998$87.141.42%
1999$89.612.82%
2000$93.374.20%
2001$96.673.53%
2002$97.981.36%
2003$100.042.11%
2004$101.381.33%
2005$104.653.23%
2006$107.923.12%
2007$109.541.50%
2008$114.554.58%
2009$113.79-0.66%
2010$114.460.59%
2011$117.933.03%
2012$120.412.10%
2013$122.591.81%
2014$124.051.19%
2015$123.43-0.50%
2016$125.161.40%
2017$128.352.55%
2018$132.122.94%
2019$134.902.10%
2020$135.730.62%
2021$142.575.03%
2022$155.158.83%
2023$163.325.27%
2024$168.643.26%*

* 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 * $16.95 = $168.64

Therefore, according to U.S. Bureau of Labor Statistics, $16.95 in 1965 has the same "purchasing power" as $168.64 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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