According to the U.S. Bureau of Labor Statistics, prices in Denver, Colorado are 188.10% higher in 2024 versus 1988 (a $13,167,141.60 difference in value).
Between 1988 and 2024: Denver experienced an average inflation rate of 2.98% per year. This rate of change indicates significant inflation. In other words, $7,000,000 in Denver in the year 1988 would cost $20,167,141.60 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.75% during this same period, inflation in Denver was higher.
In the year 1988: Pricing changed by 2.62%, which is below the average yearly change in Denver during the 1988-2024 time period. Compared to inflation for all items in 1988 (4.08%), inflation in Denver was lower.
Below are calculations of equivalent buying power in Denver, over time, for $7,000,000 beginning in 1988. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1988 | $7,000,000.00 | 2.62% |
| 1989 | $7,129,287.60 | 1.85% |
| 1990 | $7,443,271.77 | 4.40% |
| 1991 | $7,732,629.73 | 3.89% |
| 1992 | $8,021,987.69 | 3.74% |
| 1993 | $8,360,598.07 | 4.22% |
| 1994 | $8,729,991.20 | 4.42% |
| 1995 | $9,105,540.90 | 4.30% |
| 1996 | $9,425,681.62 | 3.52% |
| 1997 | $9,733,509.23 | 3.27% |
| 1998 | $9,967,458.22 | 2.40% |
| 1999 | $10,256,816.18 | 2.90% |
| 2000 | $10,663,148.64 | 3.96% |
| 2001 | $11,161,829.38 | 4.68% |
| 2002 | $11,377,308.71 | 1.93% |
| 2003 | $11,500,439.75 | 1.08% |
| 2004 | $11,512,752.86 | 0.11% |
| 2005 | $11,752,858.40 | 2.09% |
| 2006 | $12,171,503.96 | 3.56% |
| 2007 | $12,438,021.11 | 2.19% |
| 2008 | $12,922,788.04 | 3.90% |
| 2009 | $12,839,366.75 | -0.65% |
| 2010 | $13,079,410.73 | 1.87% |
| 2011 | $13,562,146.00 | 3.69% |
| 2012 | $13,825,646.44 | 1.94% |
| 2013 | $14,208,768.69 | 2.77% |
| 2014 | $14,603,342.13 | 2.78% |
| 2015 | $14,775,109.94 | 1.18% |
| 2016 | $15,184,705.36 | 2.77% |
| 2017 | $15,698,900.62 | 3.39% |
| 2018 | $16,127,581.35 | 2.73% |
| 2019 | $16,437,933.16 | 1.92% |
| 2020 | $16,758,566.40 | 1.95% |
| 2021 | $17,351,934.92 | 3.54% |
| 2022 | $18,742,022.87 | 8.01% |
| 2023 | $19,719,437.12 | 5.22% |
| 2024 | $20,167,141.60 | 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 |