Dallas, Texas prices: $600,000 in 1965 $5,969,587.94 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($600,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $5,369,587.94 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, $600,000 in Dallas in the year 1965 would cost $5,969,587.94 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
New trucks · Legal services · Juices and nonalcoholic drinks · Milk · More

Buying power of $600,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $600,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$600,000.001.07%
1966$620,770.523.46%
1967$639,866.003.08%
1968$666,331.664.14%
1969$708,375.216.31%
1970$752,428.816.22%
1971$775,544.393.07%
1972$798,157.452.92%
1973$839,530.995.18%
1974$922,780.579.92%
1975$1,008,040.209.24%
1976$1,069,514.246.10%
1977$1,148,241.217.36%
1978$1,238,023.457.82%
1979$1,391,792.2912.42%
1980$1,627,638.1916.95%
1981$1,818,760.4711.74%
1982$1,928,643.226.04%
1983$1,999,162.483.66%
1984$2,093,132.334.70%
1985$2,171,524.293.75%
1986$2,209,547.741.75%
1987$2,264,656.622.49%
1988$2,330,485.762.91%
1989$2,400,167.502.99%
1990$2,508,710.224.52%
1991$2,626,130.654.68%
1992$2,689,782.242.42%
1993$2,757,118.932.50%
1994$2,835,008.382.83%
1995$2,908,877.722.61%
1996$2,988,442.212.74%
1997$3,041,708.541.78%
1998$3,084,757.121.42%
1999$3,171,859.302.82%
2000$3,305,192.634.20%
2001$3,421,775.543.53%
2002$3,468,341.711.36%
2003$3,541,373.532.11%
2004$3,588,609.721.33%
2005$3,704,522.613.23%
2006$3,820,100.503.12%
2007$3,877,463.991.50%
2008$4,054,871.024.58%
2009$4,028,127.30-0.66%
2010$4,051,835.850.59%
2011$4,174,539.363.03%
2012$4,262,137.352.10%
2013$4,339,457.291.81%
2014$4,390,978.221.19%
2015$4,369,035.18-0.50%
2016$4,430,308.211.40%
2017$4,543,212.732.55%
2018$4,676,911.222.94%
2019$4,775,105.532.10%
2020$4,804,713.570.62%
2021$5,046,562.815.03%
2022$5,491,939.708.83%
2023$5,781,273.035.27%
2024$5,969,587.943.26%*

* 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 * $600,000 = $5,969,587.94

Therefore, according to U.S. Bureau of Labor Statistics, $600,000 in 1965 has the same "purchasing power" as $5,969,587.94 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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