Dallas, Texas prices: $20 in 1963 $202.71 in 2024

Inflation in Texas

$

Prices in Dallas, 1963-2024 ($20)

According to the U.S. Bureau of Labor Statistics, prices in Dallas-Fort Worth, Texas are 913.56% higher in 2024 versus 1963 (a $182.71 difference in value).

Between 1963 and 2024: Dallas experienced an average inflation rate of 3.87% per year. This rate of change indicates significant inflation. In other words, $20 in Dallas in the year 1963 would cost $202.71 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.89% during this same period, inflation in Dallas was lower.

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
Bananas · New trucks · Televisions · St Louis, Missouri · More

Buying power of $20.00 since 1963

Below are calculations of equivalent buying power in Dallas, over time, for $20 beginning in 1963. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1963$20.00-
1964$20.020.11%
1965$20.241.07%
1966$20.943.46%
1967$21.583.08%
1968$22.474.14%
1969$23.896.31%
1970$25.386.22%
1971$26.163.07%
1972$26.922.92%
1973$28.325.18%
1974$31.129.92%
1975$34.009.24%
1976$36.076.10%
1977$38.737.36%
1978$41.767.82%
1979$46.9412.42%
1980$54.9016.95%
1981$61.3411.74%
1982$65.056.04%
1983$67.433.66%
1984$70.604.70%
1985$73.243.75%
1986$74.531.75%
1987$76.382.49%
1988$78.602.91%
1989$80.952.99%
1990$84.624.52%
1991$88.584.68%
1992$90.722.42%
1993$92.992.50%
1994$95.622.83%
1995$98.112.61%
1996$100.802.74%
1997$102.591.78%
1998$104.051.42%
1999$106.982.82%
2000$111.484.20%
2001$115.413.53%
2002$116.981.36%
2003$119.452.11%
2004$121.041.33%
2005$124.953.23%
2006$128.853.12%
2007$130.781.50%
2008$136.774.58%
2009$135.86-0.66%
2010$136.660.59%
2011$140.803.03%
2012$143.762.10%
2013$146.361.81%
2014$148.101.19%
2015$147.36-0.50%
2016$149.431.40%
2017$153.242.55%
2018$157.752.94%
2019$161.062.10%
2020$162.060.62%
2021$170.215.03%
2022$185.248.83%
2023$195.005.27%
2024$202.713.96%*

* 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
CPI29.50029.53329.85030.88331.83333.15035.24237.43338.58339.70841.76745.90850.15053.20857.12561.59269.24280.97590.48395.95099.458104.133108.033109.925112.667115.942119.408124.808130.650133.817137.167141.042144.717148.675151.325153.467157.800164.433170.233172.550176.183178.533184.300190.050192.904201.730200.399201.579207.683212.041215.888218.451217.359220.408226.025232.676237.561239.035251.066273.224287.618299.000

Adjust Dallas prices for inflation

Start with the inflation rate formula:

CPI in 2024 / CPI in 1963 * 1963 USD value = 2024 USD value

Then plug in historical CPI values from above. The CPI for Dallas-Fort Worth, Texas was 29.500 in the year 1963 and 299.000 in 2024:

299.000 / 29.500 * $20 = $202.71

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 1963 has the same "purchasing power" as $202.71 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.

» Read more about inflation and investment.