Dallas, Texas prices: $20,000,000 in 1965 $198,406,030.15 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($20,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 892.03% higher in 2024 versus 1965 (a $178,406,030.15 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, $20,000,000 in Dallas in the year 1965 would cost $198,406,030.15 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 $20,000,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $20,000,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$20,000,000.001.07%
1966$20,692,350.643.46%
1967$21,328,866.553.08%
1968$22,211,055.284.14%
1969$23,612,506.986.31%
1970$25,080,960.366.22%
1971$25,851,479.623.07%
1972$26,605,248.462.92%
1973$27,984,366.285.18%
1974$30,759,352.329.92%
1975$33,601,340.039.24%
1976$35,650,474.606.10%
1977$38,274,706.877.36%
1978$41,267,448.357.82%
1979$46,393,076.4912.42%
1980$54,254,606.3716.95%
1981$60,625,348.9711.74%
1982$64,288,107.206.04%
1983$66,638,749.303.66%
1984$69,771,077.614.70%
1985$72,384,142.943.75%
1986$73,651,591.291.75%
1987$75,488,553.882.49%
1988$77,682,858.742.91%
1989$80,005,583.472.99%
1990$83,623,673.934.52%
1991$87,537,688.444.68%
1992$89,659,408.152.42%
1993$91,903,964.272.50%
1994$94,500,279.172.83%
1995$96,962,590.732.61%
1996$99,614,740.372.74%
1997$101,390,284.761.78%
1998$102,825,237.301.42%
1999$105,728,643.222.82%
2000$110,173,087.664.20%
2001$114,059,184.813.53%
2002$115,611,390.281.36%
2003$118,045,784.482.11%
2004$119,620,323.841.33%
2005$123,484,087.103.23%
2006$127,336,683.423.12%
2007$129,248,799.551.50%
2008$135,162,367.394.58%
2009$134,270,910.11-0.66%
2010$135,061,194.860.59%
2011$139,151,312.123.03%
2012$142,071,245.112.10%
2013$144,648,576.211.81%
2014$146,365,940.821.19%
2015$145,634,505.86-0.50%
2016$147,676,940.261.40%
2017$151,440,424.342.55%
2018$155,897,040.762.94%
2019$159,170,184.252.10%
2020$160,157,118.930.62%
2021$168,218,760.475.03%
2022$183,064,656.628.83%
2023$192,709,101.065.27%
2024$198,406,030.152.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

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 296.121 in 2024:

296.121 / 29.850 * $20,000,000 = $198,406,030.15

Therefore, according to U.S. Bureau of Labor Statistics, $20,000,000 in 1965 has the same "purchasing power" as $198,406,030.15 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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