According to the U.S. Bureau of Labor Statistics, prices in Denver, Colorado are 205.86% higher in 2024 versus 1985 (a $49,405,490.20 difference in value).
Between 1985 and 2024: Denver experienced an average inflation rate of 2.91% per year. This rate of change indicates significant inflation. In other words, $24,000,000 in Denver in the year 1985 would cost $73,405,490.20 in 2024 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 1985: Pricing changed by 2.68%, which is below the average yearly change in Denver during the 1985-2024 time period. Compared to inflation for all items in 1985 (3.55%), inflation in Denver was lower.
Below are calculations of equivalent buying power in Denver, over time, for $24,000,000 beginning in 1985. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1985 | $24,000,000.00 | 2.68% |
1986 | $24,179,271.71 | 0.75% |
1987 | $24,829,131.65 | 2.69% |
1988 | $25,478,991.60 | 2.62% |
1989 | $25,949,579.83 | 1.85% |
1990 | $27,092,436.97 | 4.40% |
1991 | $28,145,658.26 | 3.89% |
1992 | $29,198,879.55 | 3.74% |
1993 | $30,431,372.55 | 4.22% |
1994 | $31,775,910.36 | 4.42% |
1995 | $33,142,857.14 | 4.30% |
1996 | $34,308,123.25 | 3.52% |
1997 | $35,428,571.43 | 3.27% |
1998 | $36,280,112.04 | 2.40% |
1999 | $37,333,333.33 | 2.90% |
2000 | $38,812,324.93 | 3.96% |
2001 | $40,627,450.98 | 4.68% |
2002 | $41,411,764.71 | 1.93% |
2003 | $41,859,943.98 | 1.08% |
2004 | $41,904,761.90 | 0.11% |
2005 | $42,778,711.48 | 2.09% |
2006 | $44,302,521.01 | 3.56% |
2007 | $45,272,605.04 | 2.19% |
2008 | $47,037,086.83 | 3.90% |
2009 | $46,733,445.38 | -0.65% |
2010 | $47,607,170.87 | 1.87% |
2011 | $49,364,257.70 | 3.69% |
2012 | $50,323,361.34 | 1.94% |
2013 | $51,717,871.15 | 2.77% |
2014 | $53,154,061.62 | 2.78% |
2015 | $53,779,271.71 | 1.18% |
2016 | $55,270,140.06 | 2.77% |
2017 | $57,141,736.69 | 3.39% |
2018 | $58,702,072.83 | 2.73% |
2019 | $59,831,708.68 | 1.92% |
2020 | $60,998,767.51 | 1.95% |
2021 | $63,158,543.42 | 3.54% |
2022 | $68,218,263.31 | 8.01% |
2023 | $71,775,910.36 | 5.22% |
2024 | $73,405,490.20 | 2.27%* |
* 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 | 2024 |
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 | 327.572 |