Dallas, Texas prices: $4,875 in 1965 $48,502.90 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($4,875)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $43,627.90 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, $4,875 in Dallas in the year 1965 would cost $48,502.90 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 $4,875.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $4,875 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$4,875.001.07%
1966$5,043.763.46%
1967$5,198.913.08%
1968$5,413.944.14%
1969$5,755.556.31%
1970$6,113.486.22%
1971$6,301.303.07%
1972$6,485.032.92%
1973$6,821.195.18%
1974$7,497.599.92%
1975$8,190.339.24%
1976$8,689.806.10%
1977$9,329.467.36%
1978$10,058.947.82%
1979$11,308.3112.42%
1980$13,224.5616.95%
1981$14,777.4311.74%
1982$15,670.236.04%
1983$16,243.203.66%
1984$17,006.704.70%
1985$17,643.633.75%
1986$17,952.581.75%
1987$18,400.342.49%
1988$18,935.202.91%
1989$19,501.362.99%
1990$20,383.274.52%
1991$21,337.314.68%
1992$21,854.482.42%
1993$22,401.592.50%
1994$23,034.442.83%
1995$23,634.632.61%
1996$24,281.092.74%
1997$24,713.881.78%
1998$25,063.651.42%
1999$25,771.362.82%
2000$26,854.694.20%
2001$27,801.933.53%
2002$28,180.281.36%
2003$28,773.662.11%
2004$29,157.451.33%
2005$30,099.253.23%
2006$31,038.323.12%
2007$31,504.391.50%
2008$32,945.834.58%
2009$32,728.53-0.66%
2010$32,921.170.59%
2011$33,918.133.03%
2012$34,629.872.10%
2013$35,258.091.81%
2014$35,676.701.19%
2015$35,498.41-0.50%
2016$35,996.251.40%
2017$36,913.602.55%
2018$37,999.902.94%
2019$38,797.732.10%
2020$39,038.300.62%
2021$41,003.325.03%
2022$44,622.018.83%
2023$46,972.845.27%
2024$48,502.903.26%*

* 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 * $4,875 = $48,502.90

Therefore, according to U.S. Bureau of Labor Statistics, $4,875 in 1965 has the same "purchasing power" as $48,502.90 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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