According to the U.S. Bureau of Labor Statistics, prices in Denver, Colorado were 18.89% higher in 2019 versus 2012 (a $1.51 difference in value).
Between 2012 and 2019: Denver experienced an average inflation rate of 2.50% per year. This rate of change indicates significant inflation. In other words, $8 in Denver in the year 2012 would cost $9.51 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.55% during this same period, inflation in Denver was higher.
In the year 2012: Pricing changed by 1.94%, which is below the average yearly change in Denver during the 2012-2019 time period. Compared to inflation for all items in 2012 (2.07%), inflation in Denver was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Denver, Colorado:
Below are calculations of equivalent buying power in Denver, over time, for $8 beginning in 2012. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|