Dallas, Texas prices: $4,700 in 1965 $46,761.77 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($4,700)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $42,061.77 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, $4,700 in Dallas in the year 1965 would cost $46,761.77 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 $4,700.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $4,700 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$4,700.001.07%
1966$4,862.703.46%
1967$5,012.283.08%
1968$5,219.604.14%
1969$5,548.946.31%
1970$5,894.036.22%
1971$6,075.103.07%
1972$6,252.232.92%
1973$6,576.335.18%
1974$7,228.459.92%
1975$7,896.319.24%
1976$8,377.866.10%
1977$8,994.567.36%
1978$9,697.857.82%
1979$10,902.3712.42%
1980$12,749.8316.95%
1981$14,246.9611.74%
1982$15,107.716.04%
1983$15,660.113.66%
1984$16,396.204.70%
1985$17,010.273.75%
1986$17,308.121.75%
1987$17,739.812.49%
1988$18,255.472.91%
1989$18,801.312.99%
1990$19,651.564.52%
1991$20,571.364.68%
1992$21,069.962.42%
1993$21,597.432.50%
1994$22,207.572.83%
1995$22,786.212.61%
1996$23,409.462.74%
1997$23,826.721.78%
1998$24,163.931.42%
1999$24,846.232.82%
2000$25,890.684.20%
2001$26,803.913.53%
2002$27,168.681.36%
2003$27,740.762.11%
2004$28,110.781.33%
2005$29,018.763.23%
2006$29,924.123.12%
2007$30,373.471.50%
2008$31,763.164.58%
2009$31,553.66-0.66%
2010$31,739.380.59%
2011$32,700.563.03%
2012$33,386.742.10%
2013$33,992.421.81%
2014$34,396.001.19%
2015$34,224.11-0.50%
2016$34,704.081.40%
2017$35,588.502.55%
2018$36,635.802.94%
2019$37,404.992.10%
2020$37,636.920.62%
2021$39,531.415.03%
2022$43,020.198.83%
2023$45,286.645.27%
2024$46,761.773.26%*

* 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 * $4,700 = $46,761.77

Therefore, according to U.S. Bureau of Labor Statistics, $4,700 in 1965 has the same "purchasing power" as $46,761.77 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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