Dallas, Texas prices: $3,813 in 1965 $37,936.73 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($3,813)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $34,123.73 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, $3,813 in Dallas in the year 1965 would cost $37,936.73 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 $3,813.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $3,813 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$3,813.001.07%
1966$3,945.003.46%
1967$4,066.353.08%
1968$4,234.544.14%
1969$4,501.726.31%
1970$4,781.696.22%
1971$4,928.583.07%
1972$5,072.292.92%
1973$5,335.225.18%
1974$5,864.279.92%
1975$6,406.109.24%
1976$6,796.766.10%
1977$7,297.077.36%
1978$7,867.647.82%
1979$8,844.8412.42%
1980$10,343.6416.95%
1981$11,558.2211.74%
1982$12,256.536.04%
1983$12,704.683.66%
1984$13,301.864.70%
1985$13,800.043.75%
1986$14,041.681.75%
1987$14,391.892.49%
1988$14,810.242.91%
1989$15,253.062.99%
1990$15,942.854.52%
1991$16,689.064.68%
1992$17,093.572.42%
1993$17,521.492.50%
1994$18,016.482.83%
1995$18,485.922.61%
1996$18,991.552.74%
1997$19,330.061.78%
1998$19,603.631.42%
1999$20,157.172.82%
2000$21,004.504.20%
2001$21,745.383.53%
2002$22,041.311.36%
2003$22,505.432.11%
2004$22,805.611.33%
2005$23,542.243.23%
2006$24,276.743.12%
2007$24,641.281.50%
2008$25,768.714.58%
2009$25,598.75-0.66%
2010$25,749.420.59%
2011$26,529.203.03%
2012$27,085.882.10%
2013$27,577.251.81%
2014$27,904.671.19%
2015$27,765.22-0.50%
2016$28,154.611.40%
2017$28,872.122.55%
2018$29,721.772.94%
2019$30,345.802.10%
2020$30,533.950.62%
2021$32,070.915.03%
2022$34,901.288.83%
2023$36,739.995.27%
2024$37,936.733.26%*

* 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 * $3,813 = $37,936.73

Therefore, according to U.S. Bureau of Labor Statistics, $3,813 in 1965 has the same "purchasing power" as $37,936.73 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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