Dallas, Texas prices: $20,000 in 1966 $192,328.33 in 2024

Inflation in Texas

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Prices in Dallas, 1966-2024 ($20,000)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 861.64% higher in 2024 versus 1966 (a $172,328.33 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, $20,000 in Dallas in the year 1966 would cost $192,328.33 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
Gasoline (all types) · Dallas-Fort Worth, Texas · Wine at home · Medical care · More

Buying power of $20,000.00 since 1966

Below are calculations of equivalent buying power in Dallas, over time, for $20,000 beginning in 1966. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1966$20,000.003.46%
1967$20,615.223.08%
1968$21,467.894.14%
1969$22,822.456.31%
1970$24,241.776.22%
1971$24,986.513.07%
1972$25,715.062.92%
1973$27,048.035.18%
1974$29,730.179.92%
1975$32,477.069.24%
1976$34,457.646.10%
1977$36,994.067.36%
1978$39,886.677.82%
1979$44,840.8012.42%
1980$52,439.2916.95%
1981$58,596.8711.74%
1982$62,137.086.04%
1983$64,409.073.66%
1984$67,436.594.70%
1985$69,962.223.75%
1986$71,187.261.75%
1987$72,962.762.49%
1988$75,083.652.91%
1989$77,328.662.99%
1990$80,825.694.52%
1991$84,608.744.68%
1992$86,659.472.42%
1993$88,828.932.50%
1994$91,338.372.83%
1995$93,718.292.61%
1996$96,281.712.74%
1997$97,997.841.78%
1998$99,384.781.42%
1999$102,191.042.82%
2000$106,486.784.20%
2001$110,242.853.53%
2002$111,743.121.36%
2003$114,096.062.11%
2004$115,617.921.33%
2005$119,352.403.23%
2006$123,076.093.12%
2007$124,924.231.50%
2008$130,639.944.58%
2009$129,778.31-0.66%
2010$130,542.150.59%
2011$134,495.413.03%
2012$137,317.652.10%
2013$139,808.741.81%
2014$141,468.651.19%
2015$140,761.68-0.50%
2016$142,735.781.40%
2017$146,373.342.55%
2018$150,680.842.94%
2019$153,844.472.10%
2020$154,798.380.62%
2021$162,590.295.03%
2022$176,939.458.83%
2023$186,261.205.27%
2024$192,328.333.26%*

* 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 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 * $20,000 = $192,328.33

Therefore, according to U.S. Bureau of Labor Statistics, $20,000 in 1966 has the same "purchasing power" as $192,328.33 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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