Dallas, Texas prices: $5.97 in 1965 $59.40 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($5.97)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $53.43 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, $5.97 in Dallas in the year 1965 would cost $59.40 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
Frankfurters · New cars · Dental services · Admission to sporting events · More

Buying power of $5.97 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $5.97 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$5.971.07%
1966$6.183.46%
1967$6.373.08%
1968$6.634.14%
1969$7.056.31%
1970$7.496.22%
1971$7.723.07%
1972$7.942.92%
1973$8.355.18%
1974$9.189.92%
1975$10.039.24%
1976$10.646.10%
1977$11.437.36%
1978$12.327.82%
1979$13.8512.42%
1980$16.2016.95%
1981$18.1011.74%
1982$19.196.04%
1983$19.893.66%
1984$20.834.70%
1985$21.613.75%
1986$21.991.75%
1987$22.532.49%
1988$23.192.91%
1989$23.882.99%
1990$24.964.52%
1991$26.134.68%
1992$26.762.42%
1993$27.432.50%
1994$28.212.83%
1995$28.942.61%
1996$29.742.74%
1997$30.271.78%
1998$30.691.42%
1999$31.562.82%
2000$32.894.20%
2001$34.053.53%
2002$34.511.36%
2003$35.242.11%
2004$35.711.33%
2005$36.863.23%
2006$38.013.12%
2007$38.581.50%
2008$40.354.58%
2009$40.08-0.66%
2010$40.320.59%
2011$41.543.03%
2012$42.412.10%
2013$43.181.81%
2014$43.691.19%
2015$43.47-0.50%
2016$44.081.40%
2017$45.202.55%
2018$46.542.94%
2019$47.512.10%
2020$47.810.62%
2021$50.215.03%
2022$54.648.83%
2023$57.525.27%
2024$59.403.26%*

* 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 * $5.97 = $59.40

Therefore, according to U.S. Bureau of Labor Statistics, $5.97 in 1965 has the same "purchasing power" as $59.40 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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