Denver, Colorado prices: $1 in 1996 $1.99 in 2022

Inflation in Colorado

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Prices in Denver, 1996-2022 ($1)

According to the U.S. Bureau of Labor Statistics, prices in Denver, Colorado are 98.84% higher in 2022 versus 1996 (a $0.99 difference in value).

Between 1996 and 2022: Denver experienced an average inflation rate of 2.68% per year. This rate of change indicates significant inflation. In other words, $1 in Denver in the year 1996 would cost $1.99 in 2022 for an equivalent purchase. Compared to the overall inflation rate of 2.43% during this same period, inflation in Denver was higher.

In the year 1996: Pricing changed by 3.52%, which is above the average yearly change in Denver during the 1996-2022 time period. Compared to inflation for all items in 1996 (2.93%), inflation in Denver was higher.

Price Inflation in Denver, Colorado since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2022 (8.01%), 2001 (4.68%), and 1994 (4.42%).

View price changes for other categories
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Buying power of $1.00 since 1996

Below are calculations of equivalent buying power in Denver, over time, for $1 beginning in 1996. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1996$1.003.52%
1997$1.033.27%
1998$1.062.40%
1999$1.092.90%
2000$1.133.96%
2001$1.184.68%
2002$1.211.93%
2003$1.221.08%
2004$1.220.11%
2005$1.252.09%
2006$1.293.56%
2007$1.322.19%
2008$1.373.90%
2009$1.36-0.65%
2010$1.391.87%
2011$1.443.69%
2012$1.471.94%
2013$1.512.77%
2014$1.552.78%
2015$1.571.18%
2016$1.612.77%
2017$1.673.39%
2018$1.712.73%
2019$1.741.92%
2020$1.781.95%
2021$1.843.54%
2022$1.998.01%*

* 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:

Year198419851986198719881989199019911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022
CPI104.300107.100107.900110.800113.700115.800120.900125.600130.300135.800141.800147.900153.100158.100161.900166.600173.200181.300184.800186.800187.000190.900197.700202.029209.903208.548212.447220.288224.568230.791237.200239.990246.643254.995261.958266.999272.207281.845304.424

Adjust Denver prices for inflation

Start with the inflation rate formula:

CPI in 2022 / CPI in 1996 * 1996 USD value = 2022 USD value

Then plug in historical CPI values from above. The CPI for Denver, Colorado was 153.100 in the year 1996 and 304.424 in 2022:

304.424 / 153.100 * $1 = $1.99

Therefore, according to U.S. Bureau of Labor Statistics, $1 in 1996 has the same "purchasing power" as $1.99 in 2022 (in the CPI category of Denver, Colorado).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Denver, Colorado in 1984. In addition to Denver, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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