Dallas, Texas prices: $584 in 1965 $5,810.40 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($584)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $5,226.40 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, $584 in Dallas in the year 1965 would cost $5,810.40 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
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Buying power of $584.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $584 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$584.001.07%
1966$604.223.46%
1967$622.803.08%
1968$648.564.14%
1969$689.496.31%
1970$732.366.22%
1971$754.863.07%
1972$776.872.92%
1973$817.145.18%
1974$898.179.92%
1975$981.169.24%
1976$1,040.996.10%
1977$1,117.627.36%
1978$1,205.017.82%
1979$1,354.6812.42%
1980$1,584.2316.95%
1981$1,770.2611.74%
1982$1,877.216.04%
1983$1,945.853.66%
1984$2,037.324.70%
1985$2,113.623.75%
1986$2,150.631.75%
1987$2,204.272.49%
1988$2,268.342.91%
1989$2,336.162.99%
1990$2,441.814.52%
1991$2,556.104.68%
1992$2,618.052.42%
1993$2,683.602.50%
1994$2,759.412.83%
1995$2,831.312.61%
1996$2,908.752.74%
1997$2,960.601.78%
1998$3,002.501.42%
1999$3,087.282.82%
2000$3,217.054.20%
2001$3,330.533.53%
2002$3,375.851.36%
2003$3,446.942.11%
2004$3,492.911.33%
2005$3,605.743.23%
2006$3,718.233.12%
2007$3,774.061.50%
2008$3,946.744.58%
2009$3,920.71-0.66%
2010$3,943.790.59%
2011$4,063.223.03%
2012$4,148.482.10%
2013$4,223.741.81%
2014$4,273.891.19%
2015$4,252.53-0.50%
2016$4,312.171.40%
2017$4,422.062.55%
2018$4,552.192.94%
2019$4,647.772.10%
2020$4,676.590.62%
2021$4,911.995.03%
2022$5,345.498.83%
2023$5,627.115.27%
2024$5,810.403.26%*

* 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 * $584 = $5,810.40

Therefore, according to U.S. Bureau of Labor Statistics, $584 in 1965 has the same "purchasing power" as $5,810.40 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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