Dallas, Texas prices: $5 in 1966 $48.08 in 2024

Inflation in Texas

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Prices in Dallas, 1966-2024 ($5)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 861.64% higher in 2024 versus 1966 (a $43.08 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, $5 in Dallas in the year 1966 would cost $48.08 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 $5.00 since 1966

Below are calculations of equivalent buying power in Dallas, over time, for $5 beginning in 1966. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1966$5.003.46%
1967$5.153.08%
1968$5.374.14%
1969$5.716.31%
1970$6.066.22%
1971$6.253.07%
1972$6.432.92%
1973$6.765.18%
1974$7.439.92%
1975$8.129.24%
1976$8.616.10%
1977$9.257.36%
1978$9.977.82%
1979$11.2112.42%
1980$13.1116.95%
1981$14.6511.74%
1982$15.536.04%
1983$16.103.66%
1984$16.864.70%
1985$17.493.75%
1986$17.801.75%
1987$18.242.49%
1988$18.772.91%
1989$19.332.99%
1990$20.214.52%
1991$21.154.68%
1992$21.662.42%
1993$22.212.50%
1994$22.832.83%
1995$23.432.61%
1996$24.072.74%
1997$24.501.78%
1998$24.851.42%
1999$25.552.82%
2000$26.624.20%
2001$27.563.53%
2002$27.941.36%
2003$28.522.11%
2004$28.901.33%
2005$29.843.23%
2006$30.773.12%
2007$31.231.50%
2008$32.664.58%
2009$32.44-0.66%
2010$32.640.59%
2011$33.623.03%
2012$34.332.10%
2013$34.951.81%
2014$35.371.19%
2015$35.19-0.50%
2016$35.681.40%
2017$36.592.55%
2018$37.672.94%
2019$38.462.10%
2020$38.700.62%
2021$40.655.03%
2022$44.238.83%
2023$46.575.27%
2024$48.083.26%*

* 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 * $5 = $48.08

Therefore, according to U.S. Bureau of Labor Statistics, $5 in 1966 has the same "purchasing power" as $48.08 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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