According to the U.S. Bureau of Labor Statistics, prices in Denver, Colorado are 67.78% higher in 2023 versus 2005 (a $258,325,510.74 difference in value).
Between 2005 and 2023: Denver experienced an average inflation rate of 2.92% per year. This rate of change indicates significant inflation. In other words, $381,100,000 in Denver in the year 2005 would cost $639,425,510.74 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.50% during this same period, inflation in Denver was higher.
In the year 2005: Pricing changed by 2.09%, which is below the average yearly change in Denver during the 2005-2023 time period. Compared to inflation for all items in 2005 (3.39%), inflation in Denver was lower.
Below are calculations of equivalent buying power in Denver, over time, for $381,100,000 beginning in 2005. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2005 | $381,100,000.00 | 2.09% |
2006 | $394,675,065.48 | 3.56% |
2007 | $403,317,191.72 | 2.19% |
2008 | $419,036,319.02 | 3.90% |
2009 | $416,331,287.59 | -0.65% |
2010 | $424,114,990.57 | 1.87% |
2011 | $439,768,238.87 | 3.69% |
2012 | $448,312,544.79 | 1.94% |
2013 | $460,735,726.03 | 2.77% |
2014 | $473,530,225.25 | 2.78% |
2015 | $479,099,994.76 | 1.18% |
2016 | $492,381,599.27 | 2.77% |
2017 | $509,054,973.81 | 3.39% |
2018 | $522,955,441.59 | 2.73% |
2019 | $533,018,957.05 | 1.92% |
2020 | $543,415,860.14 | 1.95% |
2021 | $562,656,519.12 | 3.54% |
2022 | $607,731,725.51 | 8.01% |
2023 | $639,425,510.74 | 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 |