Dallas, Texas prices: $2.38 in 1966 $22.89 in 2024

Inflation in Texas

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Prices in Dallas, 1966-2024 ($2.38)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 861.64% higher in 2024 versus 1966 (a $20.51 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, $2.38 in Dallas in the year 1966 would cost $22.89 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 $2.38 since 1966

Below are calculations of equivalent buying power in Dallas, over time, for $2.38 beginning in 1966. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1966$2.383.46%
1967$2.453.08%
1968$2.554.14%
1969$2.726.31%
1970$2.886.22%
1971$2.973.07%
1972$3.062.92%
1973$3.225.18%
1974$3.549.92%
1975$3.869.24%
1976$4.106.10%
1977$4.407.36%
1978$4.757.82%
1979$5.3412.42%
1980$6.2416.95%
1981$6.9711.74%
1982$7.396.04%
1983$7.663.66%
1984$8.024.70%
1985$8.333.75%
1986$8.471.75%
1987$8.682.49%
1988$8.932.91%
1989$9.202.99%
1990$9.624.52%
1991$10.074.68%
1992$10.312.42%
1993$10.572.50%
1994$10.872.83%
1995$11.152.61%
1996$11.462.74%
1997$11.661.78%
1998$11.831.42%
1999$12.162.82%
2000$12.674.20%
2001$13.123.53%
2002$13.301.36%
2003$13.582.11%
2004$13.761.33%
2005$14.203.23%
2006$14.653.12%
2007$14.871.50%
2008$15.554.58%
2009$15.44-0.66%
2010$15.530.59%
2011$16.003.03%
2012$16.342.10%
2013$16.641.81%
2014$16.831.19%
2015$16.75-0.50%
2016$16.991.40%
2017$17.422.55%
2018$17.932.94%
2019$18.312.10%
2020$18.420.62%
2021$19.355.03%
2022$21.068.83%
2023$22.175.27%
2024$22.893.26%*

* 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 * $2.38 = $22.89

Therefore, according to U.S. Bureau of Labor Statistics, $2.38 in 1966 has the same "purchasing power" as $22.89 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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