Dallas, Texas prices: $51,750 in 1965 $514,876.96 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($51,750)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $463,126.96 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, $51,750 in Dallas in the year 1965 would cost $514,876.96 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.96% 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 $51,750.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $51,750 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$51,750.001.07%
1966$53,541.463.46%
1967$55,188.443.08%
1968$57,471.114.14%
1969$61,097.366.31%
1970$64,896.986.22%
1971$66,890.703.07%
1972$68,841.082.92%
1973$72,409.555.18%
1974$79,589.829.92%
1975$86,943.479.24%
1976$92,245.606.10%
1977$99,035.807.36%
1978$106,779.527.82%
1979$120,042.0912.42%
1980$140,383.7916.95%
1981$156,868.0911.74%
1982$166,345.486.04%
1983$172,427.763.66%
1984$180,532.664.70%
1985$187,293.973.75%
1986$190,573.491.75%
1987$195,326.632.49%
1988$201,004.402.91%
1989$207,014.452.99%
1990$216,376.264.52%
1991$226,503.774.68%
1992$231,993.722.42%
1993$237,801.512.50%
1994$244,519.472.83%
1995$250,890.702.61%
1996$257,753.142.74%
1997$262,347.361.78%
1998$266,060.301.42%
1999$273,572.862.82%
2000$285,072.864.20%
2001$295,128.143.53%
2002$299,144.471.36%
2003$305,443.472.11%
2004$309,517.591.33%
2005$319,515.083.23%
2006$329,483.673.12%
2007$334,431.271.50%
2008$349,732.634.58%
2009$347,425.98-0.66%
2010$349,470.840.59%
2011$360,054.023.03%
2012$367,609.352.10%
2013$374,278.191.81%
2014$378,721.871.19%
2015$376,829.28-0.50%
2016$382,114.081.40%
2017$391,852.102.55%
2018$403,383.592.94%
2019$411,852.852.10%
2020$414,406.550.62%
2021$435,266.045.03%
2022$473,679.808.83%
2023$498,634.805.27%
2024$514,876.963.26%*

* 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 * $51,750 = $514,876.96

Therefore, according to U.S. Bureau of Labor Statistics, $51,750 in 1965 has the same "purchasing power" as $514,876.96 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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