Dallas, Texas prices: $6.96 in 1965 $69.25 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($6.96)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $62.29 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, $6.96 in Dallas in the year 1965 would cost $69.25 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 $6.96 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $6.96 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$6.961.07%
1966$7.203.46%
1967$7.423.08%
1968$7.734.14%
1969$8.226.31%
1970$8.736.22%
1971$9.003.07%
1972$9.262.92%
1973$9.745.18%
1974$10.709.92%
1975$11.699.24%
1976$12.416.10%
1977$13.327.36%
1978$14.367.82%
1979$16.1412.42%
1980$18.8816.95%
1981$21.1011.74%
1982$22.376.04%
1983$23.193.66%
1984$24.284.70%
1985$25.193.75%
1986$25.631.75%
1987$26.272.49%
1988$27.032.91%
1989$27.842.99%
1990$29.104.52%
1991$30.464.68%
1992$31.202.42%
1993$31.982.50%
1994$32.892.83%
1995$33.742.61%
1996$34.672.74%
1997$35.281.78%
1998$35.781.42%
1999$36.792.82%
2000$38.344.20%
2001$39.693.53%
2002$40.231.36%
2003$41.082.11%
2004$41.631.33%
2005$42.973.23%
2006$44.313.12%
2007$44.981.50%
2008$47.044.58%
2009$46.73-0.66%
2010$47.000.59%
2011$48.423.03%
2012$49.442.10%
2013$50.341.81%
2014$50.941.19%
2015$50.68-0.50%
2016$51.391.40%
2017$52.702.55%
2018$54.252.94%
2019$55.392.10%
2020$55.730.62%
2021$58.545.03%
2022$63.718.83%
2023$67.065.27%
2024$69.253.26%*

* 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 * $6.96 = $69.25

Therefore, according to U.S. Bureau of Labor Statistics, $6.96 in 1965 has the same "purchasing power" as $69.25 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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