According to the U.S. Bureau of Labor Statistics, prices in Denver, Colorado are 17.95% higher in 2020 versus 2013 (a $2.69 difference in value).
Between 2013 and 2020: Denver experienced an average inflation rate of 2.39% per year. This rate of change indicates significant inflation. In other words, $15 in Denver in the year 2013 would cost $17.69 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.51% during this same period, inflation in Denver was higher.
In the year 2013: Pricing changed by 2.77%, which is above the average yearly change in Denver during the 2013-2020 time period. Compared to inflation for all items in 2013 (1.46%), inflation in Denver was higher.
Below are calculations of equivalent buying power in Denver, over time, for $15 beginning in 2013. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Denver, Colorado: