Dallas, Texas prices: $1,700,000 in 1965 $16,913,832.50 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($1,700,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $15,213,832.50 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, $1,700,000 in Dallas in the year 1965 would cost $16,913,832.50 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
Rent of primary residence · Bananas · Televisions · Film and photographic supplies · More

Buying power of $1,700,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $1,700,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$1,700,000.001.07%
1966$1,758,849.803.46%
1967$1,812,953.663.08%
1968$1,887,939.704.14%
1969$2,007,063.096.31%
1970$2,131,881.636.22%
1971$2,197,375.773.07%
1972$2,261,446.122.92%
1973$2,378,671.135.18%
1974$2,614,544.959.92%
1975$2,856,113.909.24%
1976$3,030,290.346.10%
1977$3,253,350.087.36%
1978$3,507,733.117.82%
1979$3,943,411.5012.42%
1980$4,611,641.5416.95%
1981$5,153,154.6611.74%
1982$5,464,489.116.04%
1983$5,664,293.693.66%
1984$5,930,541.604.70%
1985$6,152,652.153.75%
1986$6,260,385.261.75%
1987$6,416,527.082.49%
1988$6,603,042.992.91%
1989$6,800,474.602.99%
1990$7,108,012.284.52%
1991$7,440,703.524.68%
1992$7,621,049.692.42%
1993$7,811,836.962.50%
1994$8,032,523.732.83%
1995$8,241,820.212.61%
1996$8,467,252.932.74%
1997$8,618,174.201.78%
1998$8,740,145.171.42%
1999$8,986,934.672.82%
2000$9,364,712.454.20%
2001$9,695,030.713.53%
2002$9,826,968.171.36%
2003$10,033,891.682.11%
2004$10,167,727.531.33%
2005$10,496,147.403.23%
2006$10,823,618.093.12%
2007$10,986,147.961.50%
2008$11,488,801.234.58%
2009$11,413,027.36-0.66%
2010$11,480,201.560.59%
2011$11,827,861.533.03%
2012$12,076,055.832.10%
2013$12,295,128.981.81%
2014$12,441,104.971.19%
2015$12,378,933.00-0.50%
2016$12,552,539.921.40%
2017$12,872,436.072.55%
2018$13,251,248.462.94%
2019$13,529,465.662.10%
2020$13,613,355.110.62%
2021$14,298,594.645.03%
2022$15,560,495.818.83%
2023$16,380,273.595.27%
2024$16,913,832.503.26%*

* 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 * $1,700,000 = $16,913,832.50

Therefore, according to U.S. Bureau of Labor Statistics, $1,700,000 in 1965 has the same "purchasing power" as $16,913,832.50 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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