Dallas, Texas prices: $18,000 in 1965 $179,087.64 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($18,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $161,087.64 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, $18,000 in Dallas in the year 1965 would cost $179,087.64 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.96% 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
Houston, Texas · Philadelphia, Pennsylvania · Public transportation · Alcoholic beverages · More

Buying power of $18,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $18,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$18,000.001.07%
1966$18,623.123.46%
1967$19,195.983.08%
1968$19,989.954.14%
1969$21,251.266.31%
1970$22,572.866.22%
1971$23,266.333.07%
1972$23,944.722.92%
1973$25,185.935.18%
1974$27,683.429.92%
1975$30,241.219.24%
1976$32,085.436.10%
1977$34,447.247.36%
1978$37,140.707.82%
1979$41,753.7712.42%
1980$48,829.1516.95%
1981$54,562.8111.74%
1982$57,859.306.04%
1983$59,974.873.66%
1984$62,793.974.70%
1985$65,145.733.75%
1986$66,286.431.75%
1987$67,939.702.49%
1988$69,914.572.91%
1989$72,005.032.99%
1990$75,261.314.52%
1991$78,783.924.68%
1992$80,693.472.42%
1993$82,713.572.50%
1994$85,050.252.83%
1995$87,266.332.61%
1996$89,653.272.74%
1997$91,251.261.78%
1998$92,542.711.42%
1999$95,155.782.82%
2000$99,155.784.20%
2001$102,653.273.53%
2002$104,050.251.36%
2003$106,241.212.11%
2004$107,658.291.33%
2005$111,135.683.23%
2006$114,603.023.12%
2007$116,323.921.50%
2008$121,646.134.58%
2009$120,843.82-0.66%
2010$121,555.080.59%
2011$125,236.183.03%
2012$127,864.122.10%
2013$130,183.721.81%
2014$131,729.351.19%
2015$131,071.06-0.50%
2016$132,909.251.40%
2017$136,296.382.55%
2018$140,307.342.94%
2019$143,253.172.10%
2020$144,141.410.62%
2021$151,396.885.03%
2022$164,758.198.83%
2023$173,438.195.27%
2024$179,087.643.26%*

* 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 * $18,000 = $179,087.64

Therefore, according to U.S. Bureau of Labor Statistics, $18,000 in 1965 has the same "purchasing power" as $179,087.64 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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