According to the U.S. Bureau of Labor Statistics, prices in Denver, Colorado are 131.01% higher in 2024 versus 1994 (a $62,884.74 difference in value).
Between 1994 and 2024: Denver experienced an average inflation rate of 2.83% per year. This rate of change indicates significant inflation. In other words, $48,000 in Denver in the year 1994 would cost $110,884.74 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.53% during this same period, inflation in Denver was higher.
In the year 1994: Pricing changed by 4.42%, which is above the average yearly change in Denver during the 1994-2024 time period. Compared to inflation for all items in 1994 (2.60%), inflation in Denver was higher.
Below are calculations of equivalent buying power in Denver, over time, for $48,000 beginning in 1994. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1994 | $48,000.00 | 4.42% |
| 1995 | $50,064.88 | 4.30% |
| 1996 | $51,825.11 | 3.52% |
| 1997 | $53,517.63 | 3.27% |
| 1998 | $54,803.95 | 2.40% |
| 1999 | $56,394.92 | 2.90% |
| 2000 | $58,629.06 | 3.96% |
| 2001 | $61,370.94 | 4.68% |
| 2002 | $62,555.71 | 1.93% |
| 2003 | $63,232.72 | 1.08% |
| 2004 | $63,300.42 | 0.11% |
| 2005 | $64,620.59 | 2.09% |
| 2006 | $66,922.43 | 3.56% |
| 2007 | $68,387.81 | 2.19% |
| 2008 | $71,053.20 | 3.90% |
| 2009 | $70,594.53 | -0.65% |
| 2010 | $71,914.36 | 1.87% |
| 2011 | $74,568.58 | 3.69% |
| 2012 | $76,017.38 | 1.94% |
| 2013 | $78,123.89 | 2.77% |
| 2014 | $80,293.37 | 2.78% |
| 2015 | $81,237.80 | 1.18% |
| 2016 | $83,489.87 | 2.77% |
| 2017 | $86,317.07 | 3.39% |
| 2018 | $88,674.08 | 2.73% |
| 2019 | $90,380.48 | 1.92% |
| 2020 | $92,143.41 | 1.95% |
| 2021 | $95,405.92 | 3.54% |
| 2022 | $103,049.03 | 8.01% |
| 2023 | $108,423.13 | 5.22% |
| 2024 | $110,884.74 | 2.27%* |
* 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 | 2024 |
| 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 | 327.572 |