Dallas, Texas prices: $3,000 in 1965 $29,847.94 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($3,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $26,847.94 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, $3,000 in Dallas in the year 1965 would cost $29,847.94 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 $3,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $3,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$3,000.001.07%
1966$3,103.853.46%
1967$3,199.333.08%
1968$3,331.664.14%
1969$3,541.886.31%
1970$3,762.146.22%
1971$3,877.723.07%
1972$3,990.792.92%
1973$4,197.655.18%
1974$4,613.909.92%
1975$5,040.209.24%
1976$5,347.576.10%
1977$5,741.217.36%
1978$6,190.127.82%
1979$6,958.9612.42%
1980$8,138.1916.95%
1981$9,093.8011.74%
1982$9,643.226.04%
1983$9,995.813.66%
1984$10,465.664.70%
1985$10,857.623.75%
1986$11,047.741.75%
1987$11,323.282.49%
1988$11,652.432.91%
1989$12,000.842.99%
1990$12,543.554.52%
1991$13,130.654.68%
1992$13,448.912.42%
1993$13,785.592.50%
1994$14,175.042.83%
1995$14,544.392.61%
1996$14,942.212.74%
1997$15,208.541.78%
1998$15,423.791.42%
1999$15,859.302.82%
2000$16,525.964.20%
2001$17,108.883.53%
2002$17,341.711.36%
2003$17,706.872.11%
2004$17,943.051.33%
2005$18,522.613.23%
2006$19,100.503.12%
2007$19,387.321.50%
2008$20,274.364.58%
2009$20,140.64-0.66%
2010$20,259.180.59%
2011$20,872.703.03%
2012$21,310.692.10%
2013$21,697.291.81%
2014$21,954.891.19%
2015$21,845.18-0.50%
2016$22,151.541.40%
2017$22,716.062.55%
2018$23,384.562.94%
2019$23,875.532.10%
2020$24,023.570.62%
2021$25,232.815.03%
2022$27,459.708.83%
2023$28,906.375.27%
2024$29,847.943.26%*

* 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 * $3,000 = $29,847.94

Therefore, according to U.S. Bureau of Labor Statistics, $3,000 in 1965 has the same "purchasing power" as $29,847.94 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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