According to the U.S. Bureau of Labor Statistics, prices in Denver, Colorado were 14.76% higher in 2020 versus 2014 (a $2.95 difference in value).
Between 2014 and 2020: Denver experienced an average inflation rate of 2.32% per year. This rate of change indicates significant inflation. In other words, $20 in Denver in the year 2014 would cost $22.95 in 2020 for an equivalent purchase. Compared to the overall inflation rate of 1.50% during this same period, inflation in Denver was higher.
In the year 2014: Pricing changed by 2.78%, which is above the average yearly change in Denver during the 2014-2020 time period. Compared to inflation for all items in 2014 (1.62%), inflation in Denver was higher.
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 $20 beginning in 2014. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|