Dallas, Texas prices: $3.99 in 1966 $38.37 in 2024

Inflation in Texas

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Prices in Dallas, 1966-2024 ($3.99)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 861.64% higher in 2024 versus 1966 (a $34.38 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, $3.99 in Dallas in the year 1966 would cost $38.37 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
Financial services · Seattle, Washington · Televisions · New trucks · More

Buying power of $3.99 since 1966

Below are calculations of equivalent buying power in Dallas, over time, for $3.99 beginning in 1966. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1966$3.993.46%
1967$4.113.08%
1968$4.284.14%
1969$4.556.31%
1970$4.846.22%
1971$4.983.07%
1972$5.132.92%
1973$5.405.18%
1974$5.939.92%
1975$6.489.24%
1976$6.876.10%
1977$7.387.36%
1978$7.967.82%
1979$8.9512.42%
1980$10.4616.95%
1981$11.6911.74%
1982$12.406.04%
1983$12.853.66%
1984$13.454.70%
1985$13.963.75%
1986$14.201.75%
1987$14.562.49%
1988$14.982.91%
1989$15.432.99%
1990$16.124.52%
1991$16.884.68%
1992$17.292.42%
1993$17.722.50%
1994$18.222.83%
1995$18.702.61%
1996$19.212.74%
1997$19.551.78%
1998$19.831.42%
1999$20.392.82%
2000$21.244.20%
2001$21.993.53%
2002$22.291.36%
2003$22.762.11%
2004$23.071.33%
2005$23.813.23%
2006$24.553.12%
2007$24.921.50%
2008$26.064.58%
2009$25.89-0.66%
2010$26.040.59%
2011$26.833.03%
2012$27.392.10%
2013$27.891.81%
2014$28.221.19%
2015$28.08-0.50%
2016$28.481.40%
2017$29.202.55%
2018$30.062.94%
2019$30.692.10%
2020$30.880.62%
2021$32.445.03%
2022$35.308.83%
2023$37.165.27%
2024$38.373.26%*

* 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 * $3.99 = $38.37

Therefore, according to U.S. Bureau of Labor Statistics, $3.99 in 1966 has the same "purchasing power" as $38.37 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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