Dallas, Texas prices: $16,250 in 1965 $161,676.34 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($16,250)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $145,426.34 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, $16,250 in Dallas in the year 1965 would cost $161,676.34 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 $16,250.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $16,250 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$16,250.001.07%
1966$16,812.533.46%
1967$17,329.703.08%
1968$18,046.484.14%
1969$19,185.166.31%
1970$20,378.286.22%
1971$21,004.333.07%
1972$21,616.762.92%
1973$22,737.305.18%
1974$24,991.979.92%
1975$27,301.099.24%
1976$28,966.016.10%
1977$31,098.207.36%
1978$33,529.807.82%
1979$37,694.3712.42%
1980$44,081.8716.95%
1981$49,258.1011.74%
1982$52,234.096.04%
1983$54,143.983.66%
1984$56,689.004.70%
1985$58,812.123.75%
1986$59,841.921.75%
1987$61,334.452.49%
1988$63,117.322.91%
1989$65,004.542.99%
1990$67,944.244.52%
1991$71,124.374.68%
1992$72,848.272.42%
1993$74,671.972.50%
1994$76,781.482.83%
1995$78,782.102.61%
1996$80,936.982.74%
1997$82,379.611.78%
1998$83,545.511.42%
1999$85,904.522.82%
2000$89,515.634.20%
2001$92,673.093.53%
2002$93,934.251.36%
2003$95,912.202.11%
2004$97,191.511.33%
2005$100,330.823.23%
2006$103,461.063.12%
2007$105,014.651.50%
2008$109,819.424.58%
2009$109,095.11-0.66%
2010$109,737.220.59%
2011$113,060.443.03%
2012$115,432.892.10%
2013$117,526.971.81%
2014$118,922.331.19%
2015$118,328.04-0.50%
2016$119,987.511.40%
2017$123,045.342.55%
2018$126,666.352.94%
2019$129,325.772.10%
2020$130,127.660.62%
2021$136,677.745.03%
2022$148,740.038.83%
2023$156,576.145.27%
2024$161,676.343.26%*

* 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 * $16,250 = $161,676.34

Therefore, according to U.S. Bureau of Labor Statistics, $16,250 in 1965 has the same "purchasing power" as $161,676.34 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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