Dallas, Texas prices: $31,302 in 1965 $311,433.40 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($31,302)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $280,131.40 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, $31,302 in Dallas in the year 1965 would cost $311,433.40 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.96% 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 $31,302.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $31,302 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$31,302.001.07%
1966$32,385.603.46%
1967$33,381.813.08%
1968$34,762.524.14%
1969$36,955.936.31%
1970$39,254.216.22%
1971$40,460.153.07%
1972$41,639.872.92%
1973$43,798.335.18%
1974$48,141.469.92%
1975$52,589.469.24%
1976$55,796.566.10%
1977$59,903.747.36%
1978$64,587.687.82%
1979$72,609.8012.42%
1980$84,913.8816.95%
1981$94,884.7311.74%
1982$100,617.326.04%
1983$104,296.313.66%
1984$109,198.714.70%
1985$113,288.423.75%
1986$115,272.111.75%
1987$118,147.142.49%
1988$121,581.442.91%
1989$125,216.742.99%
1990$130,879.414.52%
1991$137,005.244.68%
1992$140,325.942.42%
1993$143,838.892.50%
1994$147,902.392.83%
1995$151,756.152.61%
1996$155,907.032.74%
1997$158,685.931.78%
1998$160,931.781.42%
1999$165,475.902.82%
2000$172,431.904.20%
2001$178,514.033.53%
2002$180,943.391.36%
2003$184,753.462.11%
2004$187,217.771.33%
2005$193,264.943.23%
2006$199,294.643.12%
2007$202,287.301.50%
2008$211,542.624.58%
2009$210,147.40-0.66%
2010$211,384.280.59%
2011$217,785.723.03%
2012$222,355.712.10%
2013$226,389.491.81%
2014$229,077.331.19%
2015$227,932.57-0.50%
2016$231,129.181.40%
2017$237,019.412.55%
2018$243,994.462.94%
2019$249,117.262.10%
2020$250,661.910.62%
2021$263,279.185.03%
2022$286,514.498.83%
2023$301,609.015.27%
2024$311,433.403.26%*

* 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 * $31,302 = $311,433.40

Therefore, according to U.S. Bureau of Labor Statistics, $31,302 in 1965 has the same "purchasing power" as $311,433.40 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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