Denver, Colorado prices: $1,200,000 in 2015 $1,409,283.72 in 2021

Inflation in Colorado

$

Prices in Denver, 2015-2021 ($1,200,000)

According to the U.S. Bureau of Labor Statistics, prices in Denver, Colorado are 17.44% higher in 2021 versus 2015 (a $209,283.72 difference in value).

Between 2015 and 2021: Denver experienced an average inflation rate of 2.72% per year. This rate of change indicates significant inflation. In other words, $1,200,000 in Denver in the year 2015 would cost $1,409,283.72 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 2.26% during this same period, inflation in Denver was higher.

In the year 2015: Pricing changed by 1.18%, which is below the average yearly change in Denver during the 2015-2021 time period. Compared to inflation for all items in 2015 (0.12%), inflation in Denver was higher.

Price Inflation in Denver, Colorado since 1984

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 2001 (4.68%), 1994 (4.42%), and 1990 (4.40%).

View price changes for other categories
Seattle, Washington · Electricity · Legal services · Admission to sporting events · More

Buying power of $1,200,000.00 since 2015

Below are calculations of equivalent buying power in Denver, over time, for $1,200,000 beginning in 2015. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
2015$1,200,000.001.18%
2016$1,233,266.392.77%
2017$1,275,028.133.39%
2018$1,309,844.582.73%
2019$1,335,050.631.92%
2020$1,361,091.711.95%
2021$1,409,283.723.54%*
* Not final. See inflation summary for latest details.

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Denver, Colorado:

Year19841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021
CPI104.300107.100107.900110.800113.700115.800120.900125.600130.300135.800141.800147.900153.100158.100161.900166.600173.200181.300184.800186.800187.000190.900197.700202.029209.903208.548212.447220.288224.568230.791237.200239.990246.643254.995261.958266.999272.207281.845

Adjust Denver prices for inflation

Start with the inflation rate formula:

CPI in 2021 / CPI in 2015 * 2015 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Denver, Colorado was 239.990 in the year 2015 and 281.845 in 2021:

281.845 / 239.990 * $1,200,000 = $1,409,283.72

Therefore, according to U.S. Bureau of Labor Statistics, $1,200,000 in 2015 has the same "purchasing power" as $1,409,283.72 in 2021 (in the CPI category of Denver, Colorado).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Denver, Colorado in 1984. In addition to Denver, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

» Read more about inflation and investment.