Dallas, Texas prices: $63,000,000,000 in 1965 $626,806,733,668.34 in 2024

Inflation in Texas

$

Prices in Dallas, 1965-2024 ($63,000,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $563,806,733,668.34 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, $63,000,000,000 in Dallas in the year 1965 would cost $626,806,733,668.34 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
Gasoline (all types) · Bread · Fresh fruits · Jewelry · More

Buying power of $63,000,000,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $63,000,000,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$63,000,000,000.001.07%
1966$65,180,904,522.613.46%
1967$67,185,929,648.243.08%
1968$69,964,824,120.604.14%
1969$74,379,396,984.926.31%
1970$79,005,025,125.636.22%
1971$81,432,160,804.023.07%
1972$83,806,532,663.322.92%
1973$88,150,753,768.845.18%
1974$96,891,959,798.999.92%
1975$105,844,221,105.539.24%
1976$112,298,994,974.876.10%
1977$120,565,326,633.177.36%
1978$129,992,462,311.567.82%
1979$146,138,190,954.7712.42%
1980$170,902,010,050.2516.95%
1981$190,969,849,246.2311.74%
1982$202,507,537,688.446.04%
1983$209,912,060,301.513.66%
1984$219,778,894,472.364.70%
1985$228,010,050,251.263.75%
1986$232,002,512,562.811.75%
1987$237,788,944,723.622.49%
1988$244,701,005,025.132.91%
1989$252,017,587,939.702.99%
1990$263,414,572,864.324.52%
1991$275,743,718,592.964.68%
1992$282,427,135,678.392.42%
1993$289,497,487,437.192.50%
1994$297,675,879,396.982.83%
1995$305,432,160,804.022.61%
1996$313,786,432,160.802.74%
1997$319,379,396,984.921.78%
1998$323,899,497,487.441.42%
1999$333,045,226,130.652.82%
2000$347,045,226,130.654.20%
2001$359,286,432,160.803.53%
2002$364,175,879,396.981.36%
2003$371,844,221,105.532.11%
2004$376,804,020,100.501.33%
2005$388,974,874,371.863.23%
2006$401,110,552,763.823.12%
2007$407,133,718,592.961.50%
2008$425,761,457,286.434.58%
2009$422,953,366,834.17-0.66%
2010$425,442,763,819.100.59%
2011$438,326,633,165.833.03%
2012$447,524,422,110.552.10%
2013$455,643,015,075.381.81%
2014$461,052,713,567.841.19%
2015$458,748,693,467.34-0.50%
2016$465,182,361,809.051.40%
2017$477,037,336,683.422.55%
2018$491,075,678,391.962.94%
2019$501,386,080,402.012.10%
2020$504,494,924,623.120.62%
2021$529,889,095,477.395.03%
2022$576,653,668,341.718.83%
2023$607,033,668,341.715.27%
2024$626,806,733,668.343.26%*

* 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 * $63,000,000,000 = $626,806,733,668.34

Therefore, according to U.S. Bureau of Labor Statistics, $63,000,000,000 in 1965 has the same "purchasing power" as $626,806,733,668.34 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.