Dallas, Texas prices: $48,000,000 in 1965 $477,567,035.18 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($48,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $429,567,035.18 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, $48,000,000 in Dallas in the year 1965 would cost $477,567,035.18 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 $48,000,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $48,000,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$48,000,000.001.07%
1966$49,661,641.543.46%
1967$51,189,279.733.08%
1968$53,306,532.664.14%
1969$56,670,016.756.31%
1970$60,194,304.866.22%
1971$62,043,551.093.07%
1972$63,852,596.312.92%
1973$67,162,479.065.18%
1974$73,822,445.569.92%
1975$80,643,216.089.24%
1976$85,561,139.036.10%
1977$91,859,296.487.36%
1978$99,041,876.057.82%
1979$111,343,383.5812.42%
1980$130,211,055.2816.95%
1981$145,500,837.5211.74%
1982$154,291,457.296.04%
1983$159,932,998.323.66%
1984$167,450,586.264.70%
1985$173,721,943.053.75%
1986$176,763,819.101.75%
1987$181,172,529.312.49%
1988$186,438,860.972.91%
1989$192,013,400.342.99%
1990$200,696,817.424.52%
1991$210,090,452.264.68%
1992$215,182,579.562.42%
1993$220,569,514.242.50%
1994$226,800,670.022.83%
1995$232,710,217.762.61%
1996$239,075,376.882.74%
1997$243,336,683.421.78%
1998$246,780,569.511.42%
1999$253,748,743.722.82%
2000$264,415,410.394.20%
2001$273,742,043.553.53%
2002$277,467,336.681.36%
2003$283,309,882.752.11%
2004$287,088,777.221.33%
2005$296,361,809.053.23%
2006$305,608,040.203.12%
2007$310,197,118.931.50%
2008$324,389,681.744.58%
2009$322,250,184.25-0.66%
2010$324,146,867.670.59%
2011$333,963,149.083.03%
2012$340,970,988.272.10%
2013$347,156,582.911.81%
2014$351,278,257.961.19%
2015$349,522,814.07-0.50%
2016$354,424,656.621.40%
2017$363,457,018.432.55%
2018$374,152,897.822.94%
2019$382,008,442.212.10%
2020$384,377,085.430.62%
2021$403,725,025.135.03%
2022$439,355,175.888.83%
2023$462,501,842.555.27%
2024$477,567,035.183.26%*

* 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 * $48,000,000 = $477,567,035.18

Therefore, according to U.S. Bureau of Labor Statistics, $48,000,000 in 1965 has the same "purchasing power" as $477,567,035.18 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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