Dallas, Texas prices: $5.79 in 1965 $57.61 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($5.79)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $51.82 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, $5.79 in Dallas in the year 1965 would cost $57.61 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
Gasoline (all types) · Rent of primary residence · St Louis, Missouri · New York · More

Buying power of $5.79 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $5.79 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$5.791.07%
1966$5.993.46%
1967$6.173.08%
1968$6.434.14%
1969$6.846.31%
1970$7.266.22%
1971$7.483.07%
1972$7.702.92%
1973$8.105.18%
1974$8.909.92%
1975$9.739.24%
1976$10.326.10%
1977$11.087.36%
1978$11.957.82%
1979$13.4312.42%
1980$15.7116.95%
1981$17.5511.74%
1982$18.616.04%
1983$19.293.66%
1984$20.204.70%
1985$20.963.75%
1986$21.321.75%
1987$21.852.49%
1988$22.492.91%
1989$23.162.99%
1990$24.214.52%
1991$25.344.68%
1992$25.962.42%
1993$26.612.50%
1994$27.362.83%
1995$28.072.61%
1996$28.842.74%
1997$29.351.78%
1998$29.771.42%
1999$30.612.82%
2000$31.904.20%
2001$33.023.53%
2002$33.471.36%
2003$34.172.11%
2004$34.631.33%
2005$35.753.23%
2006$36.863.12%
2007$37.421.50%
2008$39.134.58%
2009$38.87-0.66%
2010$39.100.59%
2011$40.283.03%
2012$41.132.10%
2013$41.881.81%
2014$42.371.19%
2015$42.16-0.50%
2016$42.751.40%
2017$43.842.55%
2018$45.132.94%
2019$46.082.10%
2020$46.370.62%
2021$48.705.03%
2022$53.008.83%
2023$55.795.27%
2024$57.613.26%*

* 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 * $5.79 = $57.61

Therefore, according to U.S. Bureau of Labor Statistics, $5.79 in 1965 has the same "purchasing power" as $57.61 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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