Dallas, Texas prices: $1,000 in 1966 $9,616.42 in 2024

Inflation in Texas

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Prices in Dallas, 1966-2024 ($1,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 861.64% higher in 2024 versus 1966 (a $8,616.42 difference in value).

Between 1966 and 2024: Dallas experienced an average inflation rate of 3.98% per year. This rate of change indicates significant inflation. In other words, $1,000 in Dallas in the year 1966 would cost $9,616.42 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.97% during this same period, inflation in Dallas was higher.

In the year 1966: Pricing changed by 3.46%, which is below the average yearly change in Dallas during the 1966-2024 time period. Compared to inflation for all items in 1966 (3%), inflation in Dallas was higher.

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 $1,000.00 since 1966

Below are calculations of equivalent buying power in Dallas, over time, for $1,000 beginning in 1966. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1966$1,000.003.46%
1967$1,030.763.08%
1968$1,073.394.14%
1969$1,141.126.31%
1970$1,212.096.22%
1971$1,249.333.07%
1972$1,285.752.92%
1973$1,352.405.18%
1974$1,486.519.92%
1975$1,623.859.24%
1976$1,722.886.10%
1977$1,849.707.36%
1978$1,994.337.82%
1979$2,242.0412.42%
1980$2,621.9616.95%
1981$2,929.8411.74%
1982$3,106.856.04%
1983$3,220.453.66%
1984$3,371.834.70%
1985$3,498.113.75%
1986$3,559.361.75%
1987$3,648.142.49%
1988$3,754.182.91%
1989$3,866.432.99%
1990$4,041.284.52%
1991$4,230.444.68%
1992$4,332.972.42%
1993$4,441.452.50%
1994$4,566.922.83%
1995$4,685.912.61%
1996$4,814.092.74%
1997$4,899.891.78%
1998$4,969.241.42%
1999$5,109.552.82%
2000$5,324.344.20%
2001$5,512.143.53%
2002$5,587.161.36%
2003$5,704.802.11%
2004$5,780.901.33%
2005$5,967.623.23%
2006$6,153.803.12%
2007$6,246.211.50%
2008$6,532.004.58%
2009$6,488.92-0.66%
2010$6,527.110.59%
2011$6,724.773.03%
2012$6,865.882.10%
2013$6,990.441.81%
2014$7,073.431.19%
2015$7,038.08-0.50%
2016$7,136.791.40%
2017$7,318.672.55%
2018$7,534.042.94%
2019$7,692.222.10%
2020$7,739.920.62%
2021$8,129.515.03%
2022$8,846.978.83%
2023$9,313.065.27%
2024$9,616.423.26%*

* 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 1966 * 1966 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 30.883 in the year 1966 and 296.987 in 2024:

296.987 / 30.883 * $1,000 = $9,616.42

Therefore, according to U.S. Bureau of Labor Statistics, $1,000 in 1966 has the same "purchasing power" as $9,616.42 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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