Dallas, Texas prices: $300 in 1966 $2,884.92 in 2024

Inflation in Texas

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Prices in Dallas, 1966-2024 ($300)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 861.64% higher in 2024 versus 1966 (a $2,584.92 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, $300 in Dallas in the year 1966 would cost $2,884.92 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 $300.00 since 1966

Below are calculations of equivalent buying power in Dallas, over time, for $300 beginning in 1966. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1966$300.003.46%
1967$309.233.08%
1968$322.024.14%
1969$342.346.31%
1970$363.636.22%
1971$374.803.07%
1972$385.732.92%
1973$405.725.18%
1974$445.959.92%
1975$487.169.24%
1976$516.866.10%
1977$554.917.36%
1978$598.307.82%
1979$672.6112.42%
1980$786.5916.95%
1981$878.9511.74%
1982$932.066.04%
1983$966.143.66%
1984$1,011.554.70%
1985$1,049.433.75%
1986$1,067.811.75%
1987$1,094.442.49%
1988$1,126.252.91%
1989$1,159.932.99%
1990$1,212.394.52%
1991$1,269.134.68%
1992$1,299.892.42%
1993$1,332.432.50%
1994$1,370.082.83%
1995$1,405.772.61%
1996$1,444.232.74%
1997$1,469.971.78%
1998$1,490.771.42%
1999$1,532.872.82%
2000$1,597.304.20%
2001$1,653.643.53%
2002$1,676.151.36%
2003$1,711.442.11%
2004$1,734.271.33%
2005$1,790.293.23%
2006$1,846.143.12%
2007$1,873.861.50%
2008$1,959.604.58%
2009$1,946.67-0.66%
2010$1,958.130.59%
2011$2,017.433.03%
2012$2,059.762.10%
2013$2,097.131.81%
2014$2,122.031.19%
2015$2,111.43-0.50%
2016$2,141.041.40%
2017$2,195.602.55%
2018$2,260.212.94%
2019$2,307.672.10%
2020$2,321.980.62%
2021$2,438.855.03%
2022$2,654.098.83%
2023$2,793.925.27%
2024$2,884.923.26%*

* 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 * $300 = $2,884.92

Therefore, according to U.S. Bureau of Labor Statistics, $300 in 1966 has the same "purchasing power" as $2,884.92 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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