According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,622.73% higher in 2025 versus 1930 (a $464,101,483.05 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, $28,600,000 in Chicago in the year 1930 would cost $492,701,483.05 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 $28,600,000 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 | $28,600,000.00 | -1.09% |
| 1931 | $26,142,720.76 | -8.59% |
| 1932 | $23,071,121.72 | -11.75% |
| 1933 | $20,695,751.79 | -10.30% |
| 1934 | $20,832,267.30 | 0.66% |
| 1935 | $21,733,269.69 | 4.33% |
| 1936 | $22,170,119.33 | 2.01% |
| 1937 | $23,084,773.27 | 4.13% |
| 1938 | $22,920,954.65 | -0.71% |
| 1939 | $22,470,453.46 | -1.97% |
| 1940 | $22,593,317.42 | 0.55% |
| 1941 | $23,781,002.39 | 5.26% |
| 1942 | $26,142,720.76 | 9.93% |
| 1943 | $27,603,436.75 | 5.59% |
| 1944 | $28,026,634.84 | 1.53% |
| 1945 | $28,627,303.10 | 2.14% |
| 1946 | $31,180,143.20 | 8.92% |
| 1947 | $36,217,565.63 | 16.16% |
| 1948 | $39,371,073.99 | 8.71% |
| 1949 | $39,330,119.33 | -0.10% |
| 1950 | $39,726,014.32 | 1.01% |
| 1951 | $42,852,219.57 | 7.87% |
| 1952 | $43,780,525.06 | 2.17% |
| 1953 | $44,162,768.50 | 0.87% |
| 1954 | $44,818,042.96 | 1.48% |
| 1955 | $45,118,377.09 | 0.67% |
| 1956 | $45,746,348.45 | 1.39% |
| 1957 | $47,234,367.54 | 3.25% |
| 1958 | $48,667,780.43 | 3.03% |
| 1959 | $49,063,675.42 | 0.81% |
| 1960 | $49,746,252.98 | 1.39% |
| 1961 | $49,991,980.91 | 0.49% |
| 1962 | $50,510,739.86 | 1.04% |
| 1963 | $51,015,847.26 | 1.00% |
| 1964 | $51,220,620.53 | 0.40% |
| 1965 | $51,903,198.09 | 1.33% |
| 1966 | $53,459,474.94 | 3.00% |
| 1967 | $54,851,933.17 | 2.60% |
| 1968 | $57,172,696.90 | 4.23% |
| 1969 | $60,298,902.15 | 5.47% |
| 1970 | $63,752,744.63 | 5.73% |
| 1971 | $66,264,630.07 | 3.94% |
| 1972 | $68,148,544.15 | 2.84% |
| 1973 | $72,421,479.71 | 6.27% |
| 1974 | $80,080,000.00 | 10.57% |
| 1975 | $86,400,668.26 | 7.89% |
| 1976 | $90,537,088.31 | 4.79% |
| 1977 | $96,229,785.20 | 6.29% |
| 1978 | $104,598,186.16 | 8.70% |
| 1979 | $117,649,069.21 | 12.48% |
| 1980 | $134,617,947.49 | 14.42% |
| 1981 | $147,505,011.93 | 9.57% |
| 1982 | $157,566,205.25 | 6.82% |
| 1983 | $163,845,918.85 | 3.99% |
| 1984 | $170,030,071.60 | 3.77% |
| 1985 | $176,446,300.72 | 3.77% |
| 1986 | $180,132,219.57 | 2.09% |
| 1987 | $187,558,663.48 | 4.12% |
| 1988 | $194,889,546.54 | 3.91% |
| 1989 | $204,745,966.59 | 5.06% |
| 1990 | $215,749,116.95 | 5.37% |
| 1991 | $224,499,761.34 | 4.06% |
| 1992 | $231,079,809.07 | 2.93% |
| 1993 | $238,205,918.85 | 3.08% |
| 1994 | $243,420,811.46 | 2.19% |
| 1995 | $251,161,241.05 | 3.18% |
| 1996 | $257,877,804.30 | 2.67% |
| 1997 | $264,935,656.32 | 2.74% |
| 1998 | $270,273,412.89 | 2.01% |
| 1999 | $275,870,548.93 | 2.07% |
| 2000 | $284,730,405.73 | 3.21% |
| 2001 | $292,143,198.09 | 2.60% |
| 2002 | $296,798,377.09 | 1.59% |
| 2003 | $302,258,997.61 | 1.84% |
| 2004 | $309,016,515.51 | 2.24% |
| 2005 | $318,367,828.16 | 3.03% |
| 2006 | $324,893,269.69 | 2.05% |
| 2007 | $335,529,329.83 | 3.27% |
| 2008 | $348,172,850.60 | 3.77% |
| 2009 | $344,011,038.66 | -1.20% |
| 2010 | $348,721,369.93 | 1.37% |
| 2011 | $358,245,374.70 | 2.73% |
| 2012 | $363,685,108.35 | 1.52% |
| 2013 | $367,846,783.77 | 1.14% |
| 2014 | $374,272,705.49 | 1.75% |
| 2015 | $373,166,247.26 | -0.30% |
| 2016 | $375,638,952.74 | 0.66% |
| 2017 | $382,698,852.51 | 1.88% |
| 2018 | $389,407,088.31 | 1.75% |
| 2019 | $395,098,829.59 | 1.46% |
| 2020 | $399,508,963.25 | 1.12% |
| 2021 | $416,359,892.12 | 4.22% |
| 2022 | $447,808,151.79 | 7.55% |
| 2023 | $462,704,861.10 | 3.33% |
| 2024 | $478,718,949.88 | 3.46% |
| 2025 | $492,701,483.05 | 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 |