Dallas, Texas prices: $8.32 in 1965 $82.78 in 2024

Inflation in Texas

$

Prices in Dallas, 1965-2024 ($8.32)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $74.46 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, $8.32 in Dallas in the year 1965 would cost $82.78 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
Medical care · Food · Alcoholic beverages · Detroit, Michigan · More

Buying power of $8.32 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $8.32 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$8.321.07%
1966$8.613.46%
1967$8.873.08%
1968$9.244.14%
1969$9.826.31%
1970$10.436.22%
1971$10.753.07%
1972$11.072.92%
1973$11.645.18%
1974$12.809.92%
1975$13.989.24%
1976$14.836.10%
1977$15.927.36%
1978$17.177.82%
1979$19.3012.42%
1980$22.5716.95%
1981$25.2211.74%
1982$26.746.04%
1983$27.723.66%
1984$29.024.70%
1985$30.113.75%
1986$30.641.75%
1987$31.402.49%
1988$32.322.91%
1989$33.282.99%
1990$34.794.52%
1991$36.424.68%
1992$37.302.42%
1993$38.232.50%
1994$39.312.83%
1995$40.342.61%
1996$41.442.74%
1997$42.181.78%
1998$42.781.42%
1999$43.982.82%
2000$45.834.20%
2001$47.453.53%
2002$48.091.36%
2003$49.112.11%
2004$49.761.33%
2005$51.373.23%
2006$52.973.12%
2007$53.771.50%
2008$56.234.58%
2009$55.86-0.66%
2010$56.190.59%
2011$57.893.03%
2012$59.102.10%
2013$60.171.81%
2014$60.891.19%
2015$60.58-0.50%
2016$61.431.40%
2017$63.002.55%
2018$64.852.94%
2019$66.212.10%
2020$66.630.62%
2021$69.985.03%
2022$76.158.83%
2023$80.175.27%
2024$82.783.26%*

* 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 * $8.32 = $82.78

Therefore, according to U.S. Bureau of Labor Statistics, $8.32 in 1965 has the same "purchasing power" as $82.78 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.