Dallas, Texas prices: $28,000 in 1965 $278,580.77 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($28,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $250,580.77 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, $28,000 in Dallas in the year 1965 would cost $278,580.77 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 $28,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $28,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$28,000.001.07%
1966$28,969.293.46%
1967$29,860.413.08%
1968$31,095.484.14%
1969$33,057.516.31%
1970$35,113.346.22%
1971$36,192.073.07%
1972$37,247.352.92%
1973$39,178.115.18%
1974$43,063.099.92%
1975$47,041.889.24%
1976$49,910.666.10%
1977$53,584.597.36%
1978$57,774.437.82%
1979$64,950.3112.42%
1980$75,956.4516.95%
1981$84,875.4911.74%
1982$90,003.356.04%
1983$93,294.253.66%
1984$97,679.514.70%
1985$101,337.803.75%
1986$103,112.231.75%
1987$105,683.982.49%
1988$108,756.002.91%
1989$112,007.822.99%
1990$117,073.144.52%
1991$122,552.764.68%
1992$125,523.172.42%
1993$128,665.552.50%
1994$132,300.392.83%
1995$135,747.632.61%
1996$139,460.642.74%
1997$141,946.401.78%
1998$143,955.331.42%
1999$148,020.102.82%
2000$154,242.324.20%
2001$159,682.863.53%
2002$161,855.951.36%
2003$165,264.102.11%
2004$167,468.451.33%
2005$172,877.723.23%
2006$178,271.363.12%
2007$180,948.321.50%
2008$189,227.314.58%
2009$187,979.27-0.66%
2010$189,085.670.59%
2011$194,811.843.03%
2012$198,899.742.10%
2013$202,508.011.81%
2014$204,912.321.19%
2015$203,888.31-0.50%
2016$206,747.721.40%
2017$212,016.592.55%
2018$218,255.862.94%
2019$222,838.262.10%
2020$224,219.970.62%
2021$235,506.265.03%
2022$256,290.528.83%
2023$269,792.745.27%
2024$278,580.773.26%*

* 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 * $28,000 = $278,580.77

Therefore, according to U.S. Bureau of Labor Statistics, $28,000 in 1965 has the same "purchasing power" as $278,580.77 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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