Dallas, Texas prices: $4.95 in 1965 $49.11 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($4.95)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 892.03% higher in 2024 versus 1965 (a $44.16 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, $4.95 in Dallas in the year 1965 would cost $49.11 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 $4.95 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $4.95 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$4.951.07%
1966$5.123.46%
1967$5.283.08%
1968$5.504.14%
1969$5.846.31%
1970$6.216.22%
1971$6.403.07%
1972$6.582.92%
1973$6.935.18%
1974$7.619.92%
1975$8.329.24%
1976$8.826.10%
1977$9.477.36%
1978$10.217.82%
1979$11.4812.42%
1980$13.4316.95%
1981$15.0011.74%
1982$15.916.04%
1983$16.493.66%
1984$17.274.70%
1985$17.923.75%
1986$18.231.75%
1987$18.682.49%
1988$19.232.91%
1989$19.802.99%
1990$20.704.52%
1991$21.674.68%
1992$22.192.42%
1993$22.752.50%
1994$23.392.83%
1995$24.002.61%
1996$24.652.74%
1997$25.091.78%
1998$25.451.42%
1999$26.172.82%
2000$27.274.20%
2001$28.233.53%
2002$28.611.36%
2003$29.222.11%
2004$29.611.33%
2005$30.563.23%
2006$31.523.12%
2007$31.991.50%
2008$33.454.58%
2009$33.23-0.66%
2010$33.430.59%
2011$34.443.03%
2012$35.162.10%
2013$35.801.81%
2014$36.231.19%
2015$36.04-0.50%
2016$36.551.40%
2017$37.482.55%
2018$38.582.94%
2019$39.392.10%
2020$39.640.62%
2021$41.635.03%
2022$45.318.83%
2023$47.705.27%
2024$49.112.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618296.121

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 296.121 in 2024:

296.121 / 29.850 * $4.95 = $49.11

Therefore, according to U.S. Bureau of Labor Statistics, $4.95 in 1965 has the same "purchasing power" as $49.11 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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