Dallas, Texas prices: $60 in 1965 $596.96 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($60)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $536.96 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, $60 in Dallas in the year 1965 would cost $596.96 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
Bread · Educational books and supplies · New trucks · Wine at home · More

Buying power of $60.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $60 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$60.001.07%
1966$62.083.46%
1967$63.993.08%
1968$66.634.14%
1969$70.846.31%
1970$75.246.22%
1971$77.553.07%
1972$79.822.92%
1973$83.955.18%
1974$92.289.92%
1975$100.809.24%
1976$106.956.10%
1977$114.827.36%
1978$123.807.82%
1979$139.1812.42%
1980$162.7616.95%
1981$181.8811.74%
1982$192.866.04%
1983$199.923.66%
1984$209.314.70%
1985$217.153.75%
1986$220.951.75%
1987$226.472.49%
1988$233.052.91%
1989$240.022.99%
1990$250.874.52%
1991$262.614.68%
1992$268.982.42%
1993$275.712.50%
1994$283.502.83%
1995$290.892.61%
1996$298.842.74%
1997$304.171.78%
1998$308.481.42%
1999$317.192.82%
2000$330.524.20%
2001$342.183.53%
2002$346.831.36%
2003$354.142.11%
2004$358.861.33%
2005$370.453.23%
2006$382.013.12%
2007$387.751.50%
2008$405.494.58%
2009$402.81-0.66%
2010$405.180.59%
2011$417.453.03%
2012$426.212.10%
2013$433.951.81%
2014$439.101.19%
2015$436.90-0.50%
2016$443.031.40%
2017$454.322.55%
2018$467.692.94%
2019$477.512.10%
2020$480.470.62%
2021$504.665.03%
2022$549.198.83%
2023$578.135.27%
2024$596.963.26%*

* 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 * $60 = $596.96

Therefore, according to U.S. Bureau of Labor Statistics, $60 in 1965 has the same "purchasing power" as $596.96 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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