According to the U.S. Bureau of Labor Statistics, prices in Denver, Colorado are 207.09% higher in 2023 versus 1984 (a $41.42 difference in value).
Between 1984 and 2023: Denver experienced an average inflation rate of 2.92% per year. This rate of change indicates significant inflation. In other words, $20 in Denver in the year 1984 would cost $61.42 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.80% during this same period, inflation in Denver was higher.
Below are calculations of equivalent buying power in Denver, over time, for $20 beginning in 1984. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1984 | $20.00 | - |
| 1985 | $20.54 | 2.68% |
| 1986 | $20.69 | 0.75% |
| 1987 | $21.25 | 2.69% |
| 1988 | $21.80 | 2.62% |
| 1989 | $22.21 | 1.85% |
| 1990 | $23.18 | 4.40% |
| 1991 | $24.08 | 3.89% |
| 1992 | $24.99 | 3.74% |
| 1993 | $26.04 | 4.22% |
| 1994 | $27.19 | 4.42% |
| 1995 | $28.36 | 4.30% |
| 1996 | $29.36 | 3.52% |
| 1997 | $30.32 | 3.27% |
| 1998 | $31.05 | 2.40% |
| 1999 | $31.95 | 2.90% |
| 2000 | $33.21 | 3.96% |
| 2001 | $34.77 | 4.68% |
| 2002 | $35.44 | 1.93% |
| 2003 | $35.82 | 1.08% |
| 2004 | $35.86 | 0.11% |
| 2005 | $36.61 | 2.09% |
| 2006 | $37.91 | 3.56% |
| 2007 | $38.74 | 2.19% |
| 2008 | $40.25 | 3.90% |
| 2009 | $39.99 | -0.65% |
| 2010 | $40.74 | 1.87% |
| 2011 | $42.24 | 3.69% |
| 2012 | $43.06 | 1.94% |
| 2013 | $44.26 | 2.77% |
| 2014 | $45.48 | 2.78% |
| 2015 | $46.02 | 1.18% |
| 2016 | $47.29 | 2.77% |
| 2017 | $48.90 | 3.39% |
| 2018 | $50.23 | 2.73% |
| 2019 | $51.20 | 1.92% |
| 2020 | $52.20 | 1.95% |
| 2021 | $54.05 | 3.54% |
| 2022 | $58.37 | 8.01% |
| 2023 | $61.42 | 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 |