Dallas, Texas prices: $50 in 1965 $497.47 in 2024

Inflation in Texas

$

Prices in Dallas, 1965-2024 ($50)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $447.47 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, $50 in Dallas in the year 1965 would cost $497.47 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
Public transportation · Food · Alcoholic beverages · St Louis, Missouri · More

Buying power of $50.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $50 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$50.001.07%
1966$51.733.46%
1967$53.323.08%
1968$55.534.14%
1969$59.036.31%
1970$62.706.22%
1971$64.633.07%
1972$66.512.92%
1973$69.965.18%
1974$76.909.92%
1975$84.009.24%
1976$89.136.10%
1977$95.697.36%
1978$103.177.82%
1979$115.9812.42%
1980$135.6416.95%
1981$151.5611.74%
1982$160.726.04%
1983$166.603.66%
1984$174.434.70%
1985$180.963.75%
1986$184.131.75%
1987$188.722.49%
1988$194.212.91%
1989$200.012.99%
1990$209.064.52%
1991$218.844.68%
1992$224.152.42%
1993$229.762.50%
1994$236.252.83%
1995$242.412.61%
1996$249.042.74%
1997$253.481.78%
1998$257.061.42%
1999$264.322.82%
2000$275.434.20%
2001$285.153.53%
2002$289.031.36%
2003$295.112.11%
2004$299.051.33%
2005$308.713.23%
2006$318.343.12%
2007$323.121.50%
2008$337.914.58%
2009$335.68-0.66%
2010$337.650.59%
2011$347.883.03%
2012$355.182.10%
2013$361.621.81%
2014$365.911.19%
2015$364.09-0.50%
2016$369.191.40%
2017$378.602.55%
2018$389.742.94%
2019$397.932.10%
2020$400.390.62%
2021$420.555.03%
2022$457.668.83%
2023$481.775.27%
2024$497.473.26%*

* 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 * $50 = $497.47

Therefore, according to U.S. Bureau of Labor Statistics, $50 in 1965 has the same "purchasing power" as $497.47 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.

» Read more about inflation and investment.