Dallas, Texas prices: $6.55 in 1965 $65.17 in 2024

Inflation in Texas

$

Prices in Dallas, 1965-2024 ($6.55)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $58.62 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, $6.55 in Dallas in the year 1965 would cost $65.17 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
Financial services · Frankfurters · Educational books and supplies · San Francisco, California · More

Buying power of $6.55 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $6.55 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$6.551.07%
1966$6.783.46%
1967$6.993.08%
1968$7.274.14%
1969$7.736.31%
1970$8.216.22%
1971$8.473.07%
1972$8.712.92%
1973$9.165.18%
1974$10.079.92%
1975$11.009.24%
1976$11.686.10%
1977$12.537.36%
1978$13.527.82%
1979$15.1912.42%
1980$17.7716.95%
1981$19.8511.74%
1982$21.056.04%
1983$21.823.66%
1984$22.854.70%
1985$23.713.75%
1986$24.121.75%
1987$24.722.49%
1988$25.442.91%
1989$26.202.99%
1990$27.394.52%
1991$28.674.68%
1992$29.362.42%
1993$30.102.50%
1994$30.952.83%
1995$31.762.61%
1996$32.622.74%
1997$33.211.78%
1998$33.681.42%
1999$34.632.82%
2000$36.084.20%
2001$37.353.53%
2002$37.861.36%
2003$38.662.11%
2004$39.181.33%
2005$40.443.23%
2006$41.703.12%
2007$42.331.50%
2008$44.274.58%
2009$43.97-0.66%
2010$44.230.59%
2011$45.573.03%
2012$46.532.10%
2013$47.371.81%
2014$47.931.19%
2015$47.70-0.50%
2016$48.361.40%
2017$49.602.55%
2018$51.062.94%
2019$52.132.10%
2020$52.450.62%
2021$55.095.03%
2022$59.958.83%
2023$63.115.27%
2024$65.173.26%*

* 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 * $6.55 = $65.17

Therefore, according to U.S. Bureau of Labor Statistics, $6.55 in 1965 has the same "purchasing power" as $65.17 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.