Dallas, Texas prices: $6,500,000 in 1965 $64,670,536.01 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($6,500,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $58,170,536.01 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, $6,500,000 in Dallas in the year 1965 would cost $64,670,536.01 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
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Buying power of $6,500,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $6,500,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$6,500,000.001.07%
1966$6,725,013.963.46%
1967$6,931,881.633.08%
1968$7,218,592.964.14%
1969$7,674,064.776.31%
1970$8,151,312.126.22%
1971$8,401,730.883.07%
1972$8,646,705.752.92%
1973$9,094,919.045.18%
1974$9,996,789.509.92%
1975$10,920,435.519.24%
1976$11,586,404.246.10%
1977$12,439,279.737.36%
1978$13,411,920.717.82%
1979$15,077,749.8612.42%
1980$17,632,747.0716.95%
1981$19,703,238.4111.74%
1982$20,893,634.846.04%
1983$21,657,593.523.66%
1984$22,675,600.224.70%
1985$23,524,846.453.75%
1986$23,936,767.171.75%
1987$24,533,780.012.49%
1988$25,246,929.092.91%
1989$26,001,814.632.99%
1990$27,177,694.034.52%
1991$28,449,748.744.68%
1992$29,139,307.652.42%
1993$29,868,788.392.50%
1994$30,712,590.732.83%
1995$31,512,841.992.61%
1996$32,374,790.622.74%
1997$32,951,842.551.78%
1998$33,418,202.121.42%
1999$34,361,809.052.82%
2000$35,806,253.494.20%
2001$37,069,235.063.53%
2002$37,573,701.841.36%
2003$38,364,879.962.11%
2004$38,876,605.251.33%
2005$40,132,328.313.23%
2006$41,384,422.113.12%
2007$42,005,859.851.50%
2008$43,927,769.404.58%
2009$43,638,045.78-0.66%
2010$43,894,888.330.59%
2011$45,224,176.443.03%
2012$46,173,154.662.10%
2013$47,010,787.271.81%
2014$47,568,930.761.19%
2015$47,331,214.41-0.50%
2016$47,995,005.581.40%
2017$49,218,137.912.55%
2018$50,666,538.252.94%
2019$51,730,309.882.10%
2020$52,051,063.650.62%
2021$54,671,097.155.03%
2022$59,496,013.408.83%
2023$62,630,457.845.27%
2024$64,670,536.013.26%*

* 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 * $6,500,000 = $64,670,536.01

Therefore, according to U.S. Bureau of Labor Statistics, $6,500,000 in 1965 has the same "purchasing power" as $64,670,536.01 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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