According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,415.17% higher in 2025 versus 1920 (a $948,160,963,476.07 difference in value).
Between 1920 and 2025: Chicago experienced an average inflation rate of 2.62% per year. This rate of change indicates significant inflation. In other words, $67,000,000,000 in Chicago in the year 1920 would cost $1,015,160,963,476.07 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.68% during this same period, inflation in Chicago was lower.
In the year 1920: Pricing changed by 19.10%, which is significantly above the average yearly change in Chicago during the 1920-2025 time period. Compared to inflation for all items in 1920 (15.62%), inflation in Chicago was much higher.
Below are calculations of equivalent buying power in Chicago, over time, for $67,000,000,000 beginning in 1920. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1920 | $67,000,000,000.00 | 19.10% |
| 1921 | $61,346,347,607.05 | -8.44% |
| 1922 | $57,942,905,121.75 | -5.55% |
| 1923 | $58,646,095,717.88 | 1.21% |
| 1924 | $59,799,328,295.55 | 1.97% |
| 1925 | $61,121,326,616.29 | 2.21% |
| 1926 | $62,190,176,322.42 | 1.75% |
| 1927 | $61,627,623,845.51 | -0.90% |
| 1928 | $59,714,945,424.01 | -3.10% |
| 1929 | $59,574,307,304.79 | -0.24% |
| 1930 | $58,927,371,956.34 | -1.09% |
| 1931 | $53,864,399,664.15 | -8.59% |
| 1932 | $47,535,684,298.91 | -11.75% |
| 1933 | $42,641,477,749.79 | -10.30% |
| 1934 | $42,922,753,988.25 | 0.66% |
| 1935 | $44,779,177,162.05 | 4.33% |
| 1936 | $45,679,261,125.10 | 2.01% |
| 1937 | $47,563,811,922.75 | 4.13% |
| 1938 | $47,226,280,436.61 | -0.71% |
| 1939 | $46,298,068,849.71 | -1.97% |
| 1940 | $46,551,217,464.32 | 0.55% |
| 1941 | $48,998,320,738.87 | 5.26% |
| 1942 | $53,864,399,664.15 | 9.93% |
| 1943 | $56,874,055,415.62 | 5.59% |
| 1944 | $57,746,011,754.83 | 1.53% |
| 1945 | $58,983,627,204.03 | 2.14% |
| 1946 | $64,243,492,863.14 | 8.92% |
| 1947 | $74,622,586,062.13 | 16.16% |
| 1948 | $81,120,067,170.45 | 8.71% |
| 1949 | $81,035,684,298.91 | -0.10% |
| 1950 | $81,851,385,390.43 | 1.01% |
| 1951 | $88,292,611,251.05 | 7.87% |
| 1952 | $90,205,289,672.54 | 2.17% |
| 1953 | $90,992,863,140.22 | 0.87% |
| 1954 | $92,342,989,084.80 | 1.48% |
| 1955 | $92,961,796,809.40 | 0.67% |
| 1956 | $94,255,667,506.30 | 1.39% |
| 1957 | $97,321,578,505.46 | 3.25% |
| 1958 | $100,274,979,009.24 | 3.03% |
| 1959 | $101,090,680,100.76 | 0.81% |
| 1960 | $102,497,061,293.03 | 1.39% |
| 1961 | $103,003,358,522.25 | 0.49% |
| 1962 | $104,072,208,228.38 | 1.04% |
| 1963 | $105,112,930,310.66 | 1.00% |
| 1964 | $105,534,844,668.35 | 0.40% |
| 1965 | $106,941,225,860.62 | 1.33% |
| 1966 | $110,147,774,979.01 | 3.00% |
| 1967 | $113,016,792,611.25 | 2.60% |
| 1968 | $117,798,488,664.99 | 4.23% |
| 1969 | $124,239,714,525.61 | 5.47% |
| 1970 | $131,356,003,358.52 | 5.73% |
| 1971 | $136,531,486,146.10 | 3.94% |
| 1972 | $140,413,098,236.78 | 2.84% |
| 1973 | $149,217,044,500.42 | 6.27% |
| 1974 | $164,996,641,477.75 | 10.57% |
| 1975 | $178,019,731,318.22 | 7.89% |
| 1976 | $186,542,401,343.41 | 4.79% |
| 1977 | $198,271,620,486.99 | 6.29% |
| 1978 | $215,513,853,904.28 | 8.70% |
| 1979 | $242,403,862,300.59 | 12.48% |
| 1980 | $277,366,498,740.55 | 14.42% |
| 1981 | $303,918,975,650.71 | 9.57% |
| 1982 | $324,649,034,424.85 | 6.82% |
| 1983 | $337,587,741,393.79 | 3.99% |
| 1984 | $350,329,554,995.80 | 3.77% |
| 1985 | $363,549,538,203.19 | 3.77% |
| 1986 | $371,143,996,641.48 | 2.09% |
| 1987 | $386,445,424,013.43 | 4.12% |
| 1988 | $401,549,958,018.47 | 3.91% |
| 1989 | $421,858,102,434.93 | 5.06% |
| 1990 | $444,528,967,254.41 | 5.37% |
| 1991 | $462,558,774,139.38 | 4.06% |
| 1992 | $476,116,288,832.91 | 2.93% |
| 1993 | $490,798,908,480.27 | 3.08% |
| 1994 | $501,543,660,789.25 | 2.19% |
| 1995 | $517,492,023,509.66 | 3.18% |
| 1996 | $531,330,814,441.65 | 2.67% |
| 1997 | $545,872,795,969.77 | 2.74% |
| 1998 | $556,870,696,893.37 | 2.01% |
| 1999 | $568,403,022,670.03 | 2.07% |
| 2000 | $586,657,850,545.76 | 3.21% |
| 2001 | $601,931,150,293.87 | 2.60% |
| 2002 | $611,522,670,025.19 | 1.59% |
| 2003 | $622,773,719,563.39 | 1.84% |
| 2004 | $636,696,893,366.92 | 2.24% |
| 2005 | $655,964,315,701.09 | 3.03% |
| 2006 | $669,409,319,899.24 | 2.05% |
| 2007 | $691,323,832,913.52 | 3.27% |
| 2008 | $717,374,513,014.27 | 3.77% |
| 2009 | $708,799,525,608.73 | -1.20% |
| 2010 | $718,504,680,940.39 | 1.37% |
| 2011 | $738,127,917,716.21 | 2.73% |
| 2012 | $749,335,931,989.92 | 1.52% |
| 2013 | $757,910,638,119.23 | 1.14% |
| 2014 | $771,150,591,939.55 | 1.75% |
| 2015 | $768,870,848,026.87 | -0.30% |
| 2016 | $773,965,604,534.01 | 0.66% |
| 2017 | $788,511,805,205.71 | 1.88% |
| 2018 | $802,333,438,287.15 | 1.75% |
| 2019 | $814,060,688,497.06 | 1.46% |
| 2020 | $823,147,317,380.35 | 1.12% |
| 2021 | $857,866,931,150.29 | 4.22% |
| 2022 | $922,662,850,545.76 | 7.55% |
| 2023 | $953,355,994,962.22 | 3.33% |
| 2024 | $986,351,385,390.43 | 3.46% |
| 2025 | $1,015,160,963,476.07 | 2.92%* |
* 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 Chicago, Illinois:
| Year | 1914 | 1915 | 1916 | 1917 | 1918 | 1919 | 1920 | 1921 | 1922 | 1923 | 1924 | 1925 | 1926 | 1927 | 1928 | 1929 | 1930 | 1931 | 1932 | 1933 | 1934 | 1935 | 1936 | 1937 | 1938 | 1939 | 1940 | 1941 | 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 | 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956 | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1968 | 1969 | 1970 | 1971 | 1972 | 1973 | 1974 | 1975 | 1976 | 1977 | 1978 | 1979 | 1980 | 1981 | 1982 | 1983 | 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 | 2025 |
| CPI | 10.000 | 10.017 | 10.317 | 11.758 | 13.733 | 16.667 | 19.850 | 18.175 | 17.167 | 17.375 | 17.717 | 18.108 | 18.425 | 18.258 | 17.692 | 17.650 | 17.458 | 15.958 | 14.083 | 12.633 | 12.717 | 13.267 | 13.533 | 14.092 | 13.992 | 13.717 | 13.792 | 14.517 | 15.958 | 16.850 | 17.108 | 17.475 | 19.033 | 22.108 | 24.033 | 24.008 | 24.250 | 26.158 | 26.725 | 26.958 | 27.358 | 27.542 | 27.925 | 28.833 | 29.708 | 29.950 | 30.367 | 30.517 | 30.833 | 31.142 | 31.267 | 31.683 | 32.633 | 33.483 | 34.900 | 36.808 | 38.917 | 40.450 | 41.600 | 44.208 | 48.883 | 52.742 | 55.267 | 58.742 | 63.850 | 71.817 | 82.175 | 90.042 | 96.183 | 100.017 | 103.792 | 107.708 | 109.958 | 114.492 | 118.967 | 124.983 | 131.700 | 137.042 | 141.058 | 145.408 | 148.592 | 153.317 | 157.417 | 161.725 | 164.983 | 168.400 | 173.808 | 178.333 | 181.175 | 184.508 | 188.633 | 194.342 | 198.325 | 204.818 | 212.536 | 209.995 | 212.870 | 218.684 | 222.005 | 224.545 | 228.468 | 227.792 | 229.302 | 233.611 | 237.706 | 241.181 | 243.873 | 254.159 | 273.356 | 282.450 | 292.225 | 300.760 |