Dallas, Texas prices: $51 in 1965 $507.41 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($51)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $456.41 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, $51 in Dallas in the year 1965 would cost $507.41 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
Dental services · Televisions · Rent of primary residence · Fresh fruits · More

Buying power of $51.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $51 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$51.001.07%
1966$52.773.46%
1967$54.393.08%
1968$56.644.14%
1969$60.216.31%
1970$63.966.22%
1971$65.923.07%
1972$67.842.92%
1973$71.365.18%
1974$78.449.92%
1975$85.689.24%
1976$90.916.10%
1977$97.607.36%
1978$105.237.82%
1979$118.3012.42%
1980$138.3516.95%
1981$154.5911.74%
1982$163.936.04%
1983$169.933.66%
1984$177.924.70%
1985$184.583.75%
1986$187.811.75%
1987$192.502.49%
1988$198.092.91%
1989$204.012.99%
1990$213.244.52%
1991$223.224.68%
1992$228.632.42%
1993$234.362.50%
1994$240.982.83%
1995$247.252.61%
1996$254.022.74%
1997$258.551.78%
1998$262.201.42%
1999$269.612.82%
2000$280.944.20%
2001$290.853.53%
2002$294.811.36%
2003$301.022.11%
2004$305.031.33%
2005$314.883.23%
2006$324.713.12%
2007$329.581.50%
2008$344.664.58%
2009$342.39-0.66%
2010$344.410.59%
2011$354.843.03%
2012$362.282.10%
2013$368.851.81%
2014$373.231.19%
2015$371.37-0.50%
2016$376.581.40%
2017$386.172.55%
2018$397.542.94%
2019$405.882.10%
2020$408.400.62%
2021$428.965.03%
2022$466.818.83%
2023$491.415.27%
2024$507.413.26%*

* 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 * $51 = $507.41

Therefore, according to U.S. Bureau of Labor Statistics, $51 in 1965 has the same "purchasing power" as $507.41 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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