Dallas, Texas prices: $4,000,000 in 1965 $39,797,252.93 in 2024

Inflation in Texas

$

Prices in Dallas, 1965-2024 ($4,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $35,797,252.93 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, $4,000,000 in Dallas in the year 1965 would cost $39,797,252.93 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
Phoenix, Arizona · St Louis, Missouri · New York · Alcoholic beverages · More

Buying power of $4,000,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $4,000,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$4,000,000.001.07%
1966$4,138,470.133.46%
1967$4,265,773.313.08%
1968$4,442,211.064.14%
1969$4,722,501.406.31%
1970$5,016,192.076.22%
1971$5,170,295.923.07%
1972$5,321,049.692.92%
1973$5,596,873.265.18%
1974$6,151,870.469.92%
1975$6,720,268.019.24%
1976$7,130,094.926.10%
1977$7,654,941.377.36%
1978$8,253,489.677.82%
1979$9,278,615.3012.42%
1980$10,850,921.2716.95%
1981$12,125,069.7911.74%
1982$12,857,621.446.04%
1983$13,327,749.863.66%
1984$13,954,215.524.70%
1985$14,476,828.593.75%
1986$14,730,318.261.75%
1987$15,097,710.782.49%
1988$15,536,571.752.91%
1989$16,001,116.692.99%
1990$16,724,734.794.52%
1991$17,507,537.694.68%
1992$17,931,881.632.42%
1993$18,380,792.852.50%
1994$18,900,055.832.83%
1995$19,392,518.152.61%
1996$19,922,948.072.74%
1997$20,278,056.951.78%
1998$20,565,047.461.42%
1999$21,145,728.642.82%
2000$22,034,617.534.20%
2001$22,811,836.963.53%
2002$23,122,278.061.36%
2003$23,609,156.902.11%
2004$23,924,064.771.33%
2005$24,696,817.423.23%
2006$25,467,336.683.12%
2007$25,849,759.911.50%
2008$27,032,473.484.58%
2009$26,854,182.02-0.66%
2010$27,012,238.970.59%
2011$27,830,262.423.03%
2012$28,414,249.022.10%
2013$28,929,715.241.81%
2014$29,273,188.161.19%
2015$29,126,901.17-0.50%
2016$29,535,388.051.40%
2017$30,288,084.872.55%
2018$31,179,408.152.94%
2019$31,834,036.852.10%
2020$32,031,423.790.62%
2021$33,643,752.095.03%
2022$36,612,931.328.83%
2023$38,541,820.215.27%
2024$39,797,252.933.26%*

* 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 * $4,000,000 = $39,797,252.93

Therefore, according to U.S. Bureau of Labor Statistics, $4,000,000 in 1965 has the same "purchasing power" as $39,797,252.93 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.