Denver, Colorado prices: $20 in 2002 $30.50 in 2021

Inflation in Colorado

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Prices in Denver, 2002-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices in Denver, Colorado are 52.51% higher in 2021 versus 2002 (a $10.50 difference in value).

Between 2002 and 2021: Denver experienced an average inflation rate of 2.25% per year. This rate of change indicates significant inflation. In other words, $20 in Denver in the year 2002 would cost $30.50 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.18% during this same period, inflation in Denver was higher.

In the year 2002: Pricing changed by 1.93%, which is below the average yearly change in Denver during the 2002-2021 time period. Compared to inflation for all items in 2002 (1.59%), 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: 2001 (4.68%), 1994 (4.42%), and 1990 (4.40%).

View price changes for other categories
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Buying power of $20.00 since 2002

Below are calculations of equivalent buying power in Denver, over time, for $20 beginning in 2002. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2002$20.001.93%
2003$20.221.08%
2004$20.240.11%
2005$20.662.09%
2006$21.403.56%
2007$21.862.19%
2008$22.723.90%
2009$22.57-0.65%
2010$22.991.87%
2011$23.843.69%
2012$24.301.94%
2013$24.982.77%
2014$25.672.78%
2015$25.971.18%
2016$26.692.77%
2017$27.603.39%
2018$28.352.73%
2019$28.901.92%
2020$29.461.95%
2021$30.503.54%*

* 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:

Year19841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021
CPI104.300107.100107.900110.800113.700115.800120.900125.600130.300135.800141.800147.900153.100158.100161.900166.600173.200181.300184.800186.800187.000190.900197.700202.029209.903208.548212.447220.288224.568230.791237.200239.990246.643254.995261.958266.999272.207281.845

Adjust Denver prices for inflation

Start with the inflation rate formula:

CPI in 2021 / CPI in 2002 * 2002 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Denver, Colorado was 184.800 in the year 2002 and 281.845 in 2021:

281.845 / 184.800 * $20 = $30.50

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2002 has the same "purchasing power" as $30.50 in 2021 (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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