Dallas, Texas prices: $8,000 in 1965 $79,594.51 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($8,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $71,594.51 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, $8,000 in Dallas in the year 1965 would cost $79,594.51 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
College tuition and fees · Food · Public transportation · Televisions · More

Buying power of $8,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $8,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$8,000.001.07%
1966$8,276.943.46%
1967$8,531.553.08%
1968$8,884.424.14%
1969$9,445.006.31%
1970$10,032.386.22%
1971$10,340.593.07%
1972$10,642.102.92%
1973$11,193.755.18%
1974$12,303.749.92%
1975$13,440.549.24%
1976$14,260.196.10%
1977$15,309.887.36%
1978$16,506.987.82%
1979$18,557.2312.42%
1980$21,701.8416.95%
1981$24,250.1411.74%
1982$25,715.246.04%
1983$26,655.503.66%
1984$27,908.434.70%
1985$28,953.663.75%
1986$29,460.641.75%
1987$30,195.422.49%
1988$31,073.142.91%
1989$32,002.232.99%
1990$33,449.474.52%
1991$35,015.084.68%
1992$35,863.762.42%
1993$36,761.592.50%
1994$37,800.112.83%
1995$38,785.042.61%
1996$39,845.902.74%
1997$40,556.111.78%
1998$41,130.091.42%
1999$42,291.462.82%
2000$44,069.244.20%
2001$45,623.673.53%
2002$46,244.561.36%
2003$47,218.312.11%
2004$47,848.131.33%
2005$49,393.633.23%
2006$50,934.673.12%
2007$51,699.521.50%
2008$54,064.954.58%
2009$53,708.36-0.66%
2010$54,024.480.59%
2011$55,660.523.03%
2012$56,828.502.10%
2013$57,859.431.81%
2014$58,546.381.19%
2015$58,253.80-0.50%
2016$59,070.781.40%
2017$60,576.172.55%
2018$62,358.822.94%
2019$63,668.072.10%
2020$64,062.850.62%
2021$67,287.505.03%
2022$73,225.868.83%
2023$77,083.645.27%
2024$79,594.513.26%*

* 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 * $8,000 = $79,594.51

Therefore, according to U.S. Bureau of Labor Statistics, $8,000 in 1965 has the same "purchasing power" as $79,594.51 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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