Dallas, Texas prices: $2.65 in 1965 $26.37 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($2.65)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $23.72 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, $2.65 in Dallas in the year 1965 would cost $26.37 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
Phoenix, Arizona · Gasoline (all types) · Fresh fruits · Houston, Texas · More

Buying power of $2.65 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $2.65 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$2.651.07%
1966$2.743.46%
1967$2.833.08%
1968$2.944.14%
1969$3.136.31%
1970$3.326.22%
1971$3.433.07%
1972$3.532.92%
1973$3.715.18%
1974$4.089.92%
1975$4.459.24%
1976$4.726.10%
1977$5.077.36%
1978$5.477.82%
1979$6.1512.42%
1980$7.1916.95%
1981$8.0311.74%
1982$8.526.04%
1983$8.833.66%
1984$9.244.70%
1985$9.593.75%
1986$9.761.75%
1987$10.002.49%
1988$10.292.91%
1989$10.602.99%
1990$11.084.52%
1991$11.604.68%
1992$11.882.42%
1993$12.182.50%
1994$12.522.83%
1995$12.852.61%
1996$13.202.74%
1997$13.431.78%
1998$13.621.42%
1999$14.012.82%
2000$14.604.20%
2001$15.113.53%
2002$15.321.36%
2003$15.642.11%
2004$15.851.33%
2005$16.363.23%
2006$16.873.12%
2007$17.131.50%
2008$17.914.58%
2009$17.79-0.66%
2010$17.900.59%
2011$18.443.03%
2012$18.822.10%
2013$19.171.81%
2014$19.391.19%
2015$19.30-0.50%
2016$19.571.40%
2017$20.072.55%
2018$20.662.94%
2019$21.092.10%
2020$21.220.62%
2021$22.295.03%
2022$24.268.83%
2023$25.535.27%
2024$26.373.26%*

* 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 * $2.65 = $26.37

Therefore, according to U.S. Bureau of Labor Statistics, $2.65 in 1965 has the same "purchasing power" as $26.37 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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