According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,622.73% higher in 2025 versus 1930 (a $19,710,763.21 difference in value).
Between 1930 and 2025: Chicago experienced an average inflation rate of 3.04% per year. This rate of change indicates significant inflation. In other words, $1,214,665 in Chicago in the year 1930 would cost $20,925,428.21 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.16% during this same period, inflation in Chicago was lower.
In the year 1930: Pricing changed by -1.09%, which is significantly below the average yearly change in Chicago during the 1930-2025 time period. Compared to inflation for all items in 1930 (-2.65%), inflation in Chicago was higher.
Below are calculations of equivalent buying power in Chicago, over time, for $1,214,665 beginning in 1930. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1930 | $1,214,665.00 | -1.09% |
| 1931 | $1,110,302.37 | -8.59% |
| 1932 | $979,849.09 | -11.75% |
| 1933 | $878,965.22 | -10.30% |
| 1934 | $884,763.15 | 0.66% |
| 1935 | $923,029.44 | 4.33% |
| 1936 | $941,582.80 | 2.01% |
| 1937 | $980,428.89 | 4.13% |
| 1938 | $973,471.38 | -0.71% |
| 1939 | $954,338.23 | -1.97% |
| 1940 | $959,556.36 | 0.55% |
| 1941 | $1,009,998.30 | 5.26% |
| 1942 | $1,110,302.37 | 9.93% |
| 1943 | $1,172,340.16 | 5.59% |
| 1944 | $1,190,313.72 | 1.53% |
| 1945 | $1,215,824.58 | 2.14% |
| 1946 | $1,324,245.76 | 8.92% |
| 1947 | $1,538,189.14 | 16.16% |
| 1948 | $1,672,121.17 | 8.71% |
| 1949 | $1,670,381.80 | -0.10% |
| 1950 | $1,687,195.78 | 1.01% |
| 1951 | $1,819,968.23 | 7.87% |
| 1952 | $1,859,394.11 | 2.17% |
| 1953 | $1,875,628.29 | 0.87% |
| 1954 | $1,903,458.33 | 1.48% |
| 1955 | $1,916,213.76 | 0.67% |
| 1956 | $1,942,884.21 | 1.39% |
| 1957 | $2,006,081.58 | 3.25% |
| 1958 | $2,066,959.77 | 3.03% |
| 1959 | $2,083,773.75 | 0.81% |
| 1960 | $2,112,763.37 | 1.39% |
| 1961 | $2,123,199.63 | 0.49% |
| 1962 | $2,145,231.74 | 1.04% |
| 1963 | $2,166,684.06 | 1.00% |
| 1964 | $2,175,380.95 | 0.40% |
| 1965 | $2,204,370.56 | 1.33% |
| 1966 | $2,270,466.89 | 3.00% |
| 1967 | $2,329,605.71 | 2.60% |
| 1968 | $2,428,170.42 | 4.23% |
| 1969 | $2,560,942.87 | 5.47% |
| 1970 | $2,707,630.33 | 5.73% |
| 1971 | $2,814,312.13 | 3.94% |
| 1972 | $2,894,323.47 | 2.84% |
| 1973 | $3,075,798.48 | 6.27% |
| 1974 | $3,401,062.00 | 10.57% |
| 1975 | $3,669,505.86 | 7.89% |
| 1976 | $3,845,182.95 | 4.79% |
| 1977 | $4,086,956.37 | 6.29% |
| 1978 | $4,442,369.08 | 8.70% |
| 1979 | $4,996,650.58 | 12.48% |
| 1980 | $5,717,332.49 | 14.42% |
| 1981 | $6,264,656.48 | 9.57% |
| 1982 | $6,691,963.45 | 6.82% |
| 1983 | $6,958,667.94 | 3.99% |
| 1984 | $7,221,313.88 | 3.77% |
| 1985 | $7,493,816.29 | 3.77% |
| 1986 | $7,650,360.23 | 2.09% |
| 1987 | $7,965,767.27 | 4.12% |
| 1988 | $8,277,115.77 | 3.91% |
| 1989 | $8,695,725.86 | 5.06% |
| 1990 | $9,163,038.50 | 5.37% |
| 1991 | $9,534,685.41 | 4.06% |
| 1992 | $9,814,145.32 | 2.93% |
| 1993 | $10,116,796.94 | 3.08% |
| 1994 | $10,338,277.62 | 2.19% |
| 1995 | $10,667,019.89 | 3.18% |
| 1996 | $10,952,277.73 | 2.67% |
| 1997 | $11,252,030.38 | 2.74% |
| 1998 | $11,478,729.20 | 2.01% |
| 1999 | $11,716,444.07 | 2.07% |
| 2000 | $12,092,729.31 | 3.21% |
| 2001 | $12,407,556.56 | 2.60% |
| 2002 | $12,605,265.76 | 1.59% |
| 2003 | $12,837,182.70 | 1.84% |
| 2004 | $13,124,179.92 | 2.24% |
| 2005 | $13,521,337.69 | 3.03% |
| 2006 | $13,798,478.44 | 2.05% |
| 2007 | $14,250,200.47 | 3.27% |
| 2008 | $14,787,180.96 | 3.77% |
| 2009 | $14,610,425.46 | -1.20% |
| 2010 | $14,810,477.02 | 1.37% |
| 2011 | $15,214,969.16 | 2.73% |
| 2012 | $15,445,999.03 | 1.52% |
| 2013 | $15,622,748.73 | 1.14% |
| 2014 | $15,895,662.79 | 1.75% |
| 2015 | $15,848,670.62 | -0.30% |
| 2016 | $15,953,688.41 | 0.66% |
| 2017 | $16,253,528.03 | 1.88% |
| 2018 | $16,538,432.20 | 1.75% |
| 2019 | $16,780,165.03 | 1.46% |
| 2020 | $16,967,466.95 | 1.12% |
| 2021 | $17,683,139.45 | 4.22% |
| 2022 | $19,018,772.33 | 7.55% |
| 2023 | $19,651,447.56 | 3.33% |
| 2024 | $20,331,578.79 | 3.46% |
| 2025 | $20,925,428.21 | 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 |