Dallas, Texas prices: $3.18 in 1965 $31.64 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($3.18)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $28.46 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, $3.18 in Dallas in the year 1965 would cost $31.64 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
Alcoholic beverages · San Francisco, California · Boston, Massachusetts · New cars · More

Buying power of $3.18 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $3.18 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$3.181.07%
1966$3.293.46%
1967$3.393.08%
1968$3.534.14%
1969$3.756.31%
1970$3.996.22%
1971$4.113.07%
1972$4.232.92%
1973$4.455.18%
1974$4.899.92%
1975$5.349.24%
1976$5.676.10%
1977$6.097.36%
1978$6.567.82%
1979$7.3812.42%
1980$8.6316.95%
1981$9.6411.74%
1982$10.226.04%
1983$10.603.66%
1984$11.094.70%
1985$11.513.75%
1986$11.711.75%
1987$12.002.49%
1988$12.352.91%
1989$12.722.99%
1990$13.304.52%
1991$13.924.68%
1992$14.262.42%
1993$14.612.50%
1994$15.032.83%
1995$15.422.61%
1996$15.842.74%
1997$16.121.78%
1998$16.351.42%
1999$16.812.82%
2000$17.524.20%
2001$18.143.53%
2002$18.381.36%
2003$18.772.11%
2004$19.021.33%
2005$19.633.23%
2006$20.253.12%
2007$20.551.50%
2008$21.494.58%
2009$21.35-0.66%
2010$21.470.59%
2011$22.133.03%
2012$22.592.10%
2013$23.001.81%
2014$23.271.19%
2015$23.16-0.50%
2016$23.481.40%
2017$24.082.55%
2018$24.792.94%
2019$25.312.10%
2020$25.460.62%
2021$26.755.03%
2022$29.118.83%
2023$30.645.27%
2024$31.643.26%*

* 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 * $3.18 = $31.64

Therefore, according to U.S. Bureau of Labor Statistics, $3.18 in 1965 has the same "purchasing power" as $31.64 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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