Dallas, Texas prices: $340 in 1965 $3,382.77 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($340)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $3,042.77 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, $340 in Dallas in the year 1965 would cost $3,382.77 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
Jewelry · Airline fares · Rent of primary residence · Juices and nonalcoholic drinks · More

Buying power of $340.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $340 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$340.001.07%
1966$351.773.46%
1967$362.593.08%
1968$377.594.14%
1969$401.416.31%
1970$426.386.22%
1971$439.483.07%
1972$452.292.92%
1973$475.735.18%
1974$522.919.92%
1975$571.229.24%
1976$606.066.10%
1977$650.677.36%
1978$701.557.82%
1979$788.6812.42%
1980$922.3316.95%
1981$1,030.6311.74%
1982$1,092.906.04%
1983$1,132.863.66%
1984$1,186.114.70%
1985$1,230.533.75%
1986$1,252.081.75%
1987$1,283.312.49%
1988$1,320.612.91%
1989$1,360.092.99%
1990$1,421.604.52%
1991$1,488.144.68%
1992$1,524.212.42%
1993$1,562.372.50%
1994$1,606.502.83%
1995$1,648.362.61%
1996$1,693.452.74%
1997$1,723.631.78%
1998$1,748.031.42%
1999$1,797.392.82%
2000$1,872.944.20%
2001$1,939.013.53%
2002$1,965.391.36%
2003$2,006.782.11%
2004$2,033.551.33%
2005$2,099.233.23%
2006$2,164.723.12%
2007$2,197.231.50%
2008$2,297.764.58%
2009$2,282.61-0.66%
2010$2,296.040.59%
2011$2,365.573.03%
2012$2,415.212.10%
2013$2,459.031.81%
2014$2,488.221.19%
2015$2,475.79-0.50%
2016$2,510.511.40%
2017$2,574.492.55%
2018$2,650.252.94%
2019$2,705.892.10%
2020$2,722.670.62%
2021$2,859.725.03%
2022$3,112.108.83%
2023$3,276.055.27%
2024$3,382.773.26%*

* 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 * $340 = $3,382.77

Therefore, according to U.S. Bureau of Labor Statistics, $340 in 1965 has the same "purchasing power" as $3,382.77 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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