According to the U.S. Bureau of Labor Statistics, prices in Denver, Colorado are 181.71% higher in 2023 versus 1988 (a $80,314,160,070.36 difference in value).
Between 1988 and 2023: Denver experienced an average inflation rate of 3% per year. This rate of change indicates significant inflation. In other words, $44,200,000,000 in Denver in the year 1988 would cost $124,514,160,070.36 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.74% during this same period, inflation in Denver was higher.
In the year 1988: Pricing changed by 2.62%, which is below the average yearly change in Denver during the 1988-2023 time period. Compared to inflation for all items in 1988 (4.08%), inflation in Denver was lower.
Below are calculations of equivalent buying power in Denver, over time, for $44,200,000,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1988 | $44,200,000,000.00 | 2.62% |
1989 | $45,016,358,839.05 | 1.85% |
1990 | $46,998,944,591.03 | 4.40% |
1991 | $48,826,033,421.28 | 3.89% |
1992 | $50,653,122,251.54 | 3.74% |
1993 | $52,791,204,925.24 | 4.22% |
1994 | $55,123,658,751.10 | 4.42% |
1995 | $57,494,986,807.39 | 4.30% |
1996 | $59,516,446,789.80 | 3.52% |
1997 | $61,460,158,311.35 | 3.27% |
1998 | $62,937,379,067.72 | 2.40% |
1999 | $64,764,467,897.98 | 2.90% |
2000 | $67,330,167,106.42 | 3.96% |
2001 | $70,478,979,771.33 | 4.68% |
2002 | $71,839,577,836.41 | 1.93% |
2003 | $72,617,062,445.03 | 1.08% |
2004 | $72,694,810,905.89 | 0.11% |
2005 | $74,210,905,892.70 | 2.09% |
2006 | $76,854,353,562.01 | 3.56% |
2007 | $78,537,218,997.36 | 2.19% |
2008 | $81,598,175,901.50 | 3.90% |
2009 | $81,071,430,079.16 | -0.65% |
2010 | $82,587,136,323.66 | 1.87% |
2011 | $85,635,264,731.75 | 3.69% |
2012 | $87,299,081,794.20 | 1.94% |
2013 | $89,718,225,153.91 | 2.77% |
2014 | $92,209,674,582.23 | 2.78% |
2015 | $93,294,265,611.26 | 1.18% |
2016 | $95,880,568,161.83 | 2.77% |
2017 | $99,127,343,887.42 | 3.39% |
2018 | $101,834,156,552.33 | 2.73% |
2019 | $103,793,806,508.36 | 1.92% |
2020 | $105,818,376,429.20 | 1.95% |
2021 | $109,565,074,758.14 | 3.54% |
2022 | $118,342,487,247.14 | 8.01% |
2023 | $124,514,160,070.36 | 5.22%* |
* 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 Denver, Colorado:
Year | 1984 | 1985 | 1986 | 1987 | 1988 | 1989 | 1990 | 1991 | 1992 | 1993 | 1994 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
CPI | 104.300 | 107.100 | 107.900 | 110.800 | 113.700 | 115.800 | 120.900 | 125.600 | 130.300 | 135.800 | 141.800 | 147.900 | 153.100 | 158.100 | 161.900 | 166.600 | 173.200 | 181.300 | 184.800 | 186.800 | 187.000 | 190.900 | 197.700 | 202.029 | 209.903 | 208.548 | 212.447 | 220.288 | 224.568 | 230.791 | 237.200 | 239.990 | 246.643 | 254.995 | 261.958 | 266.999 | 272.207 | 281.845 | 304.424 | 320.300 |