Dallas, Texas prices: $1,600 in 1965 $15,918.90 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($1,600)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $14,318.90 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, $1,600 in Dallas in the year 1965 would cost $15,918.90 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%).

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Buying power of $1,600.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $1,600 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$1,600.001.07%
1966$1,655.393.46%
1967$1,706.313.08%
1968$1,776.884.14%
1969$1,889.006.31%
1970$2,006.486.22%
1971$2,068.123.07%
1972$2,128.422.92%
1973$2,238.755.18%
1974$2,460.759.92%
1975$2,688.119.24%
1976$2,852.046.10%
1977$3,061.987.36%
1978$3,301.407.82%
1979$3,711.4512.42%
1980$4,340.3716.95%
1981$4,850.0311.74%
1982$5,143.056.04%
1983$5,331.103.66%
1984$5,581.694.70%
1985$5,790.733.75%
1986$5,892.131.75%
1987$6,039.082.49%
1988$6,214.632.91%
1989$6,400.452.99%
1990$6,689.894.52%
1991$7,003.024.68%
1992$7,172.752.42%
1993$7,352.322.50%
1994$7,560.022.83%
1995$7,757.012.61%
1996$7,969.182.74%
1997$8,111.221.78%
1998$8,226.021.42%
1999$8,458.292.82%
2000$8,813.854.20%
2001$9,124.733.53%
2002$9,248.911.36%
2003$9,443.662.11%
2004$9,569.631.33%
2005$9,878.733.23%
2006$10,186.933.12%
2007$10,339.901.50%
2008$10,812.994.58%
2009$10,741.67-0.66%
2010$10,804.900.59%
2011$11,132.103.03%
2012$11,365.702.10%
2013$11,571.891.81%
2014$11,709.281.19%
2015$11,650.76-0.50%
2016$11,814.161.40%
2017$12,115.232.55%
2018$12,471.762.94%
2019$12,733.612.10%
2020$12,812.570.62%
2021$13,457.505.03%
2022$14,645.178.83%
2023$15,416.735.27%
2024$15,918.903.26%*

* 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 * $1,600 = $15,918.90

Therefore, according to U.S. Bureau of Labor Statistics, $1,600 in 1965 has the same "purchasing power" as $15,918.90 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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