Dallas, Texas prices: $3.50 in 1965 $34.82 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($3.50)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $31.32 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, $3.50 in Dallas in the year 1965 would cost $34.82 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 $3.50 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $3.50 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$3.501.07%
1966$3.623.46%
1967$3.733.08%
1968$3.894.14%
1969$4.136.31%
1970$4.396.22%
1971$4.523.07%
1972$4.662.92%
1973$4.905.18%
1974$5.389.92%
1975$5.889.24%
1976$6.246.10%
1977$6.707.36%
1978$7.227.82%
1979$8.1212.42%
1980$9.4916.95%
1981$10.6111.74%
1982$11.256.04%
1983$11.663.66%
1984$12.214.70%
1985$12.673.75%
1986$12.891.75%
1987$13.212.49%
1988$13.592.91%
1989$14.002.99%
1990$14.634.52%
1991$15.324.68%
1992$15.692.42%
1993$16.082.50%
1994$16.542.83%
1995$16.972.61%
1996$17.432.74%
1997$17.741.78%
1998$17.991.42%
1999$18.502.82%
2000$19.284.20%
2001$19.963.53%
2002$20.231.36%
2003$20.662.11%
2004$20.931.33%
2005$21.613.23%
2006$22.283.12%
2007$22.621.50%
2008$23.654.58%
2009$23.50-0.66%
2010$23.640.59%
2011$24.353.03%
2012$24.862.10%
2013$25.311.81%
2014$25.611.19%
2015$25.49-0.50%
2016$25.841.40%
2017$26.502.55%
2018$27.282.94%
2019$27.852.10%
2020$28.030.62%
2021$29.445.03%
2022$32.048.83%
2023$33.725.27%
2024$34.823.26%*

* 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 * $3.50 = $34.82

Therefore, according to U.S. Bureau of Labor Statistics, $3.50 in 1965 has the same "purchasing power" as $34.82 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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