According to the U.S. Bureau of Labor Statistics, prices in Denver, Colorado are 189.08% higher in 2023 versus 1987 (a $135,569,945.85 difference in value).
Between 1987 and 2023: Denver experienced an average inflation rate of 2.99% per year. This rate of change indicates significant inflation. In other words, $71,700,000 in Denver in the year 1987 would cost $207,269,945.85 in 2023 for an equivalent purchase. Compared to the overall inflation rate of 2.78% during this same period, inflation in Denver was higher.
In the year 1987: Pricing changed by 2.69%, which is below the average yearly change in Denver during the 1987-2023 time period. Compared to inflation for all items in 1987 (3.66%), inflation in Denver was lower.
Below are calculations of equivalent buying power in Denver, over time, for $71,700,000 beginning in 1987. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1987 | $71,700,000.00 | 2.69% |
1988 | $73,576,624.55 | 2.62% |
1989 | $74,935,559.57 | 1.85% |
1990 | $78,235,830.32 | 4.40% |
1991 | $81,277,256.32 | 3.89% |
1992 | $84,318,682.31 | 3.74% |
1993 | $87,877,797.83 | 4.22% |
1994 | $91,760,469.31 | 4.42% |
1995 | $95,707,851.99 | 4.30% |
1996 | $99,072,833.94 | 3.52% |
1997 | $102,308,393.50 | 3.27% |
1998 | $104,767,418.77 | 2.40% |
1999 | $107,808,844.77 | 2.90% |
2000 | $112,079,783.39 | 3.96% |
2001 | $117,321,389.89 | 4.68% |
2002 | $119,586,281.59 | 1.93% |
2003 | $120,880,505.42 | 1.08% |
2004 | $121,009,927.80 | 0.11% |
2005 | $123,533,664.26 | 2.09% |
2006 | $127,934,025.27 | 3.56% |
2007 | $130,735,372.74 | 2.19% |
2008 | $135,830,731.95 | 3.90% |
2009 | $134,953,895.31 | -0.65% |
2010 | $137,476,984.66 | 1.87% |
2011 | $142,550,989.17 | 3.69% |
2012 | $145,320,628.16 | 1.94% |
2013 | $149,347,605.60 | 2.77% |
2014 | $153,494,945.85 | 2.78% |
2015 | $155,300,388.09 | 1.18% |
2016 | $159,605,623.65 | 2.77% |
2017 | $165,010,302.35 | 3.39% |
2018 | $169,516,142.60 | 2.73% |
2019 | $172,778,233.75 | 1.92% |
2020 | $176,148,392.60 | 1.95% |
2021 | $182,385,257.22 | 3.54% |
2022 | $196,996,397.11 | 8.01% |
2023 | $207,269,945.85 | 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 |