Dallas, Texas prices: $4,500 in 1965 $44,771.91 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($4,500)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $40,271.91 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, $4,500 in Dallas in the year 1965 would cost $44,771.91 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
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Buying power of $4,500.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $4,500 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$4,500.001.07%
1966$4,655.783.46%
1967$4,798.993.08%
1968$4,997.494.14%
1969$5,312.816.31%
1970$5,643.226.22%
1971$5,816.583.07%
1972$5,986.182.92%
1973$6,296.485.18%
1974$6,920.859.92%
1975$7,560.309.24%
1976$8,021.366.10%
1977$8,611.817.36%
1978$9,285.187.82%
1979$10,438.4412.42%
1980$12,207.2916.95%
1981$13,640.7011.74%
1982$14,464.826.04%
1983$14,993.723.66%
1984$15,698.494.70%
1985$16,286.433.75%
1986$16,571.611.75%
1987$16,984.922.49%
1988$17,478.642.91%
1989$18,001.262.99%
1990$18,815.334.52%
1991$19,695.984.68%
1992$20,173.372.42%
1993$20,678.392.50%
1994$21,262.562.83%
1995$21,816.582.61%
1996$22,413.322.74%
1997$22,812.811.78%
1998$23,135.681.42%
1999$23,788.942.82%
2000$24,788.944.20%
2001$25,663.323.53%
2002$26,012.561.36%
2003$26,560.302.11%
2004$26,914.571.33%
2005$27,783.923.23%
2006$28,650.753.12%
2007$29,080.981.50%
2008$30,411.534.58%
2009$30,210.95-0.66%
2010$30,388.770.59%
2011$31,309.053.03%
2012$31,966.032.10%
2013$32,545.931.81%
2014$32,932.341.19%
2015$32,767.76-0.50%
2016$33,227.311.40%
2017$34,074.102.55%
2018$35,076.832.94%
2019$35,813.292.10%
2020$36,035.350.62%
2021$37,849.225.03%
2022$41,189.558.83%
2023$43,359.555.27%
2024$44,771.913.26%*

* 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 * $4,500 = $44,771.91

Therefore, according to U.S. Bureau of Labor Statistics, $4,500 in 1965 has the same "purchasing power" as $44,771.91 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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