According to the U.S. Bureau of Labor Statistics, prices in Detroit, Michigan are 1,521.03% higher in 2025 versus 1945 (a $32,291,497.29 difference in value).
Between 1945 and 2025: Detroit experienced an average inflation rate of 3.54% per year. This rate of change indicates significant inflation. In other words, $2,122,999 in Detroit in the year 1945 would cost $34,414,496.29 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.67% during this same period, inflation in Detroit was lower.
In the year 1945: Pricing changed by 2.67%, which is below the average yearly change in Detroit during the 1945-2025 time period. Compared to inflation for all items in 1945 (2.27%), inflation in Detroit was higher.
Below are calculations of equivalent buying power in Detroit, over time, for $2,122,999 beginning in 1945. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1945 | $2,122,999.00 | 2.67% |
| 1946 | $2,307,902.24 | 8.71% |
| 1947 | $2,630,272.81 | 13.97% |
| 1948 | $2,842,282.29 | 8.06% |
| 1949 | $2,805,495.26 | -1.29% |
| 1950 | $2,851,963.09 | 1.66% |
| 1951 | $3,075,589.52 | 7.84% |
| 1952 | $3,153,035.91 | 2.52% |
| 1953 | $3,209,184.53 | 1.78% |
| 1954 | $3,220,801.49 | 0.36% |
| 1955 | $3,214,993.01 | -0.18% |
| 1956 | $3,275,013.96 | 1.87% |
| 1957 | $3,370,853.86 | 2.93% |
| 1958 | $3,417,321.69 | 1.38% |
| 1959 | $3,416,353.61 | -0.03% |
| 1960 | $3,444,427.93 | 0.82% |
| 1961 | $3,463,789.52 | 0.56% |
| 1962 | $3,474,438.40 | 0.31% |
| 1963 | $3,508,321.19 | 0.98% |
| 1964 | $3,537,363.59 | 0.83% |
| 1965 | $3,618,682.29 | 2.30% |
| 1966 | $3,779,383.54 | 4.44% |
| 1967 | $3,906,201.99 | 3.36% |
| 1968 | $4,074,647.88 | 4.31% |
| 1969 | $4,322,476.30 | 6.08% |
| 1970 | $4,589,666.33 | 6.18% |
| 1971 | $4,757,144.13 | 3.65% |
| 1972 | $4,933,334.66 | 3.70% |
| 1973 | $5,254,737.15 | 6.51% |
| 1974 | $5,823,968.07 | 10.83% |
| 1975 | $6,257,667.82 | 7.45% |
| 1976 | $6,597,463.83 | 5.43% |
| 1977 | $7,050,525.18 | 6.87% |
| 1978 | $7,585,873.31 | 7.59% |
| 1979 | $8,550,080.79 | 12.71% |
| 1980 | $9,909,264.83 | 15.90% |
| 1981 | $10,828,940.64 | 9.28% |
| 1982 | $11,267,480.78 | 4.05% |
| 1983 | $11,588,883.28 | 2.85% |
| 1984 | $11,994,508.71 | 3.50% |
| 1985 | $12,411,751.11 | 3.48% |
| 1986 | $12,585,037.39 | 1.40% |
| 1987 | $12,966,460.83 | 3.03% |
| 1988 | $13,459,213.45 | 3.80% |
| 1989 | $14,173,656.34 | 5.31% |
| 1990 | $14,902,620.43 | 5.14% |
| 1991 | $15,446,681.28 | 3.65% |
| 1992 | $15,770,988.01 | 2.10% |
| 1993 | $16,196,943.12 | 2.70% |
| 1994 | $16,708,089.26 | 3.16% |
| 1995 | $17,235,692.75 | 3.16% |
| 1996 | $17,702,307.21 | 2.71% |
| 1997 | $18,139,879.28 | 2.47% |
| 1998 | $18,541,632.40 | 2.21% |
| 1999 | $19,024,704.22 | 2.61% |
| 2000 | $19,693,647.36 | 3.52% |
| 2001 | $20,252,229.40 | 2.84% |
| 2002 | $20,757,567.06 | 2.50% |
| 2003 | $21,197,075.29 | 2.12% |
| 2004 | $21,522,350.10 | 1.53% |
| 2005 | $22,137,080.77 | 2.86% |
| 2006 | $22,815,704.71 | 3.07% |
| 2007 | $23,230,672.12 | 1.82% |
| 2008 | $23,796,756.78 | 2.44% |
| 2009 | $23,611,669.60 | -0.78% |
| 2010 | $23,812,575.20 | 0.85% |
| 2011 | $24,565,809.05 | 3.16% |
| 2012 | $25,087,458.85 | 2.12% |
| 2013 | $25,489,192.61 | 1.60% |
| 2014 | $25,765,366.41 | 1.08% |
| 2015 | $25,425,754.34 | -1.32% |
| 2016 | $25,797,012.94 | 1.46% |
| 2017 | $26,321,528.26 | 2.03% |
| 2018 | $26,968,234.61 | 2.46% |
| 2019 | $27,325,194.67 | 1.32% |
| 2020 | $27,603,449.85 | 1.02% |
| 2021 | $28,745,067.63 | 4.14% |
| 2022 | $31,104,297.46 | 8.21% |
| 2023 | $32,797,014.04 | 5.44% |
| 2024 | $33,891,525.06 | 3.34% |
| 2025 | $34,414,496.29 | 1.54%* |
* 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 Detroit, Michigan:
| 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 | 9.700 | 9.733 | 10.233 | 11.917 | 14.525 | 17.642 | 21.508 | 19.517 | 17.442 | 17.958 | 18.050 | 18.158 | 18.467 | 18.158 | 17.525 | 17.508 | 17.217 | 15.183 | 13.250 | 11.917 | 12.592 | 13.267 | 13.825 | 14.608 | 14.533 | 14.033 | 14.117 | 15.000 | 16.658 | 17.567 | 17.800 | 18.275 | 19.867 | 22.642 | 24.467 | 24.150 | 24.550 | 26.475 | 27.142 | 27.625 | 27.725 | 27.675 | 28.192 | 29.017 | 29.417 | 29.408 | 29.650 | 29.817 | 29.908 | 30.200 | 30.450 | 31.150 | 32.533 | 33.625 | 35.075 | 37.208 | 39.508 | 40.950 | 42.467 | 45.233 | 50.133 | 53.867 | 56.792 | 60.692 | 65.300 | 73.600 | 85.300 | 93.217 | 96.992 | 99.758 | 103.250 | 106.842 | 108.333 | 111.617 | 115.858 | 122.008 | 128.283 | 132.967 | 135.758 | 139.425 | 143.825 | 148.367 | 152.383 | 156.150 | 159.608 | 163.767 | 169.525 | 174.333 | 178.683 | 182.467 | 185.267 | 190.558 | 196.400 | 199.972 | 204.845 | 203.252 | 204.981 | 211.465 | 215.956 | 219.414 | 221.791 | 218.868 | 222.063 | 226.578 | 232.145 | 235.218 | 237.613 | 247.441 | 267.749 | 282.320 | 291.742 | 296.244 |