According to the U.S. Bureau of Labor Statistics, prices in Denver, Colorado are 7.59% higher in 2021 versus 2018 (a $75.92 difference in value).
Between 2018 and 2021: Denver experienced an average inflation rate of 2.47% per year. This rate of change indicates significant inflation. In other words, $1,000 in Denver in the year 2018 would cost $1,075.92 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.57% during this same period, inflation in Denver was lower.
In the year 2018: Pricing changed by 2.73%, which is above the average yearly change in Denver during the 2018-2021 time period. Compared to inflation for all items in 2018 (2.44%), inflation in Denver was higher.
Below are calculations of equivalent buying power in Denver, over time, for $1,000 beginning in 2018. 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: