Dallas, Texas prices: $8,060 in 1965 $80,191.46 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($8,060)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $72,131.46 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, $8,060 in Dallas in the year 1965 would cost $80,191.46 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
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Buying power of $8,060.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $8,060 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$8,060.001.07%
1966$8,339.023.46%
1967$8,595.533.08%
1968$8,951.064.14%
1969$9,515.846.31%
1970$10,107.636.22%
1971$10,418.153.07%
1972$10,721.922.92%
1973$11,277.705.18%
1974$12,396.029.92%
1975$13,541.349.24%
1976$14,367.146.10%
1977$15,424.717.36%
1978$16,630.787.82%
1979$18,696.4112.42%
1980$21,864.6116.95%
1981$24,432.0211.74%
1982$25,908.116.04%
1983$26,855.423.66%
1984$28,117.744.70%
1985$29,170.813.75%
1986$29,681.591.75%
1987$30,421.892.49%
1988$31,306.192.91%
1989$32,242.252.99%
1990$33,700.344.52%
1991$35,277.694.68%
1992$36,132.742.42%
1993$37,037.302.50%
1994$38,083.612.83%
1995$39,075.922.61%
1996$40,144.742.74%
1997$40,860.281.78%
1998$41,438.571.42%
1999$42,608.642.82%
2000$44,399.754.20%
2001$45,965.853.53%
2002$46,591.391.36%
2003$47,572.452.11%
2004$48,206.991.33%
2005$49,764.093.23%
2006$51,316.683.12%
2007$52,087.271.50%
2008$54,470.434.58%
2009$54,111.18-0.66%
2010$54,429.660.59%
2011$56,077.983.03%
2012$57,254.712.10%
2013$58,293.381.81%
2014$58,985.471.19%
2015$58,690.71-0.50%
2016$59,513.811.40%
2017$61,030.492.55%
2018$62,826.512.94%
2019$64,145.582.10%
2020$64,543.320.62%
2021$67,792.165.03%
2022$73,775.068.83%
2023$77,661.775.27%
2024$80,191.463.26%*

* 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 * $8,060 = $80,191.46

Therefore, according to U.S. Bureau of Labor Statistics, $8,060 in 1965 has the same "purchasing power" as $80,191.46 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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