Dallas, Texas prices: $9,000,000 in 1965 $89,543,819.10 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($9,000,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $80,543,819.10 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, $9,000,000 in Dallas in the year 1965 would cost $89,543,819.10 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
Medical care · Seattle, Washington · Milk · Public transportation · More

Buying power of $9,000,000.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $9,000,000 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$9,000,000.001.07%
1966$9,311,557.793.46%
1967$9,597,989.953.08%
1968$9,994,974.874.14%
1969$10,625,628.146.31%
1970$11,286,432.166.22%
1971$11,633,165.833.07%
1972$11,972,361.812.92%
1973$12,592,964.825.18%
1974$13,841,708.549.92%
1975$15,120,603.029.24%
1976$16,042,713.576.10%
1977$17,223,618.097.36%
1978$18,570,351.767.82%
1979$20,876,884.4212.42%
1980$24,414,572.8616.95%
1981$27,281,407.0411.74%
1982$28,929,648.246.04%
1983$29,987,437.193.66%
1984$31,396,984.924.70%
1985$32,572,864.323.75%
1986$33,143,216.081.75%
1987$33,969,849.252.49%
1988$34,957,286.432.91%
1989$36,002,512.562.99%
1990$37,630,653.274.52%
1991$39,391,959.804.68%
1992$40,346,733.672.42%
1993$41,356,783.922.50%
1994$42,525,125.632.83%
1995$43,633,165.832.61%
1996$44,826,633.172.74%
1997$45,625,628.141.78%
1998$46,271,356.781.42%
1999$47,577,889.452.82%
2000$49,577,889.454.20%
2001$51,326,633.173.53%
2002$52,025,125.631.36%
2003$53,120,603.022.11%
2004$53,829,145.731.33%
2005$55,567,839.203.23%
2006$57,301,507.543.12%
2007$58,161,959.801.50%
2008$60,823,065.334.58%
2009$60,421,909.55-0.66%
2010$60,777,537.690.59%
2011$62,618,090.453.03%
2012$63,932,060.302.10%
2013$65,091,859.301.81%
2014$65,864,673.371.19%
2015$65,535,527.64-0.50%
2016$66,454,623.121.40%
2017$68,148,190.952.55%
2018$70,153,668.342.94%
2019$71,626,582.912.10%
2020$72,070,703.520.62%
2021$75,698,442.215.03%
2022$82,379,095.488.83%
2023$86,719,095.485.27%
2024$89,543,819.103.26%*

* 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 * $9,000,000 = $89,543,819.10

Therefore, according to U.S. Bureau of Labor Statistics, $9,000,000 in 1965 has the same "purchasing power" as $89,543,819.10 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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