Dallas, Texas prices: $45 in 1965 $447.72 in 2024

Inflation in Texas

$

Prices in Dallas, 1965-2024 ($45)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $402.72 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, $45 in Dallas in the year 1965 would cost $447.72 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
Bananas · Alcoholic beverages · Financial services · New trucks · More

Buying power of $45.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $45 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$45.001.07%
1966$46.563.46%
1967$47.993.08%
1968$49.974.14%
1969$53.136.31%
1970$56.436.22%
1971$58.173.07%
1972$59.862.92%
1973$62.965.18%
1974$69.219.92%
1975$75.609.24%
1976$80.216.10%
1977$86.127.36%
1978$92.857.82%
1979$104.3812.42%
1980$122.0716.95%
1981$136.4111.74%
1982$144.656.04%
1983$149.943.66%
1984$156.984.70%
1985$162.863.75%
1986$165.721.75%
1987$169.852.49%
1988$174.792.91%
1989$180.012.99%
1990$188.154.52%
1991$196.964.68%
1992$201.732.42%
1993$206.782.50%
1994$212.632.83%
1995$218.172.61%
1996$224.132.74%
1997$228.131.78%
1998$231.361.42%
1999$237.892.82%
2000$247.894.20%
2001$256.633.53%
2002$260.131.36%
2003$265.602.11%
2004$269.151.33%
2005$277.843.23%
2006$286.513.12%
2007$290.811.50%
2008$304.124.58%
2009$302.11-0.66%
2010$303.890.59%
2011$313.093.03%
2012$319.662.10%
2013$325.461.81%
2014$329.321.19%
2015$327.68-0.50%
2016$332.271.40%
2017$340.742.55%
2018$350.772.94%
2019$358.132.10%
2020$360.350.62%
2021$378.495.03%
2022$411.908.83%
2023$433.605.27%
2024$447.723.26%*

* 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 * $45 = $447.72

Therefore, according to U.S. Bureau of Labor Statistics, $45 in 1965 has the same "purchasing power" as $447.72 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.