Dallas, Texas prices: $650 in 1965 $6,467.05 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($650)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $5,817.05 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, $650 in Dallas in the year 1965 would cost $6,467.05 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%).

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Buying power of $650.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $650 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$650.001.07%
1966$672.503.46%
1967$693.193.08%
1968$721.864.14%
1969$767.416.31%
1970$815.136.22%
1971$840.173.07%
1972$864.672.92%
1973$909.495.18%
1974$999.689.92%
1975$1,092.049.24%
1976$1,158.646.10%
1977$1,243.937.36%
1978$1,341.197.82%
1979$1,507.7712.42%
1980$1,763.2716.95%
1981$1,970.3211.74%
1982$2,089.366.04%
1983$2,165.763.66%
1984$2,267.564.70%
1985$2,352.483.75%
1986$2,393.681.75%
1987$2,453.382.49%
1988$2,524.692.91%
1989$2,600.182.99%
1990$2,717.774.52%
1991$2,844.974.68%
1992$2,913.932.42%
1993$2,986.882.50%
1994$3,071.262.83%
1995$3,151.282.61%
1996$3,237.482.74%
1997$3,295.181.78%
1998$3,341.821.42%
1999$3,436.182.82%
2000$3,580.634.20%
2001$3,706.923.53%
2002$3,757.371.36%
2003$3,836.492.11%
2004$3,887.661.33%
2005$4,013.233.23%
2006$4,138.443.12%
2007$4,200.591.50%
2008$4,392.784.58%
2009$4,363.80-0.66%
2010$4,389.490.59%
2011$4,522.423.03%
2012$4,617.322.10%
2013$4,701.081.81%
2014$4,756.891.19%
2015$4,733.12-0.50%
2016$4,799.501.40%
2017$4,921.812.55%
2018$5,066.652.94%
2019$5,173.032.10%
2020$5,205.110.62%
2021$5,467.115.03%
2022$5,949.608.83%
2023$6,263.055.27%
2024$6,467.053.26%*

* 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 * $650 = $6,467.05

Therefore, according to U.S. Bureau of Labor Statistics, $650 in 1965 has the same "purchasing power" as $6,467.05 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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