Dallas, Texas prices: $350,000 in 1965 $3,482,259.63 in 2024

Inflation in Texas

$

Prices in Dallas, 1965-2024 ($350,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $3,132,259.63 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, $350,000 in Dallas in the year 1965 would cost $3,482,259.63 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
Airline fares · Dental services · Bananas · New York · More

Buying power of $350,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $350,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$350,000.001.07%
1966$362,116.143.46%
1967$373,255.163.08%
1968$388,693.474.14%
1969$413,218.876.31%
1970$438,916.816.22%
1971$452,400.893.07%
1972$465,591.852.92%
1973$489,726.415.18%
1974$538,288.679.92%
1975$588,023.459.24%
1976$623,883.316.10%
1977$669,807.377.36%
1978$722,180.357.82%
1979$811,878.8412.42%
1980$949,455.6116.95%
1981$1,060,943.6111.74%
1982$1,125,041.886.04%
1983$1,166,178.113.66%
1984$1,220,993.864.70%
1985$1,266,722.503.75%
1986$1,288,902.851.75%
1987$1,321,049.692.49%
1988$1,359,450.032.91%
1989$1,400,097.712.99%
1990$1,463,414.294.52%
1991$1,531,909.554.68%
1992$1,569,039.642.42%
1993$1,608,319.372.50%
1994$1,653,754.892.83%
1995$1,696,845.342.61%
1996$1,743,257.962.74%
1997$1,774,329.981.78%
1998$1,799,441.651.42%
1999$1,850,251.262.82%
2000$1,928,029.034.20%
2001$1,996,035.733.53%
2002$2,023,199.331.36%
2003$2,065,801.232.11%
2004$2,093,355.671.33%
2005$2,160,971.523.23%
2006$2,228,391.963.12%
2007$2,261,853.991.50%
2008$2,365,341.434.58%
2009$2,349,740.93-0.66%
2010$2,363,570.910.59%
2011$2,435,147.963.03%
2012$2,486,246.792.10%
2013$2,531,350.081.81%
2014$2,561,403.961.19%
2015$2,548,603.85-0.50%
2016$2,584,346.451.40%
2017$2,650,207.432.55%
2018$2,728,198.212.94%
2019$2,785,478.222.10%
2020$2,802,749.580.62%
2021$2,943,828.315.03%
2022$3,203,631.498.83%
2023$3,372,409.275.27%
2024$3,482,259.633.26%*

* 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 * $350,000 = $3,482,259.63

Therefore, according to U.S. Bureau of Labor Statistics, $350,000 in 1965 has the same "purchasing power" as $3,482,259.63 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.

» Read more about inflation and investment.