Dallas, Texas prices: $980 in 1965 $9,750.33 in 2024

Inflation in Texas

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Prices in Dallas, 1965-2024 ($980)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 894.93% higher in 2024 versus 1965 (a $8,770.33 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, $980 in Dallas in the year 1965 would cost $9,750.33 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
Atlanta, Georgia · Food · Philadelphia, Pennsylvania · Gasoline (all types) · More

Buying power of $980.00 since 1965

Below are calculations of equivalent buying power in Dallas, over time, for $980 beginning in 1965. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1965$980.001.07%
1966$1,013.933.46%
1967$1,045.113.08%
1968$1,088.344.14%
1969$1,157.016.31%
1970$1,228.976.22%
1971$1,266.723.07%
1972$1,303.662.92%
1973$1,371.235.18%
1974$1,507.219.92%
1975$1,646.479.24%
1976$1,746.876.10%
1977$1,875.467.36%
1978$2,022.107.82%
1979$2,273.2612.42%
1980$2,658.4816.95%
1981$2,970.6411.74%
1982$3,150.126.04%
1983$3,265.303.66%
1984$3,418.784.70%
1985$3,546.823.75%
1986$3,608.931.75%
1987$3,698.942.49%
1988$3,806.462.91%
1989$3,920.272.99%
1990$4,097.564.52%
1991$4,289.354.68%
1992$4,393.312.42%
1993$4,503.292.50%
1994$4,630.512.83%
1995$4,751.172.61%
1996$4,881.122.74%
1997$4,968.121.78%
1998$5,038.441.42%
1999$5,180.702.82%
2000$5,398.484.20%
2001$5,588.903.53%
2002$5,664.961.36%
2003$5,784.242.11%
2004$5,861.401.33%
2005$6,050.723.23%
2006$6,239.503.12%
2007$6,333.191.50%
2008$6,622.964.58%
2009$6,579.27-0.66%
2010$6,618.000.59%
2011$6,818.413.03%
2012$6,961.492.10%
2013$7,087.781.81%
2014$7,171.931.19%
2015$7,136.09-0.50%
2016$7,236.171.40%
2017$7,420.582.55%
2018$7,638.952.94%
2019$7,799.342.10%
2020$7,847.700.62%
2021$8,242.725.03%
2022$8,970.178.83%
2023$9,442.755.27%
2024$9,750.333.26%*

* 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 * $980 = $9,750.33

Therefore, according to U.S. Bureau of Labor Statistics, $980 in 1965 has the same "purchasing power" as $9,750.33 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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