Chicago, Illinois prices: $100 in 1964 $101.33 in 1965

Inflation in Illinois

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Prices in Chicago, 1964-1965 ($100)

According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois were 1.33% higher in 1965 versus 1964 (a $1.33 difference in value).

Between 1964 and 1965: Chicago experienced an average inflation rate of 1.33% per year. In other words, $100 in Chicago in the year 1964 would cost $101.33 in 1965 for an equivalent purchase. Compared to the overall inflation rate of 1.59% during this same period, inflation in Chicago was lower.

In the year 1964: Pricing changed by 0.40%, which is below the average yearly change in Chicago during the 1964-1965 time period. Compared to inflation for all items in 1964 (1.28%), inflation in Chicago was lower.

Price Inflation in Chicago, Illinois since 1914

Consumer Price Index, U.S. Bureau of Labor Statistics
Years with the largest changes in pricing: 1919 (21.36%), 1920 (19.10%), and 1918 (16.80%).

View price changes for other categories
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Buying power of $100.00 since 1964

Below are calculations of equivalent buying power in Chicago, over time, for $100 beginning in 1964. Each of the amounts below is equivalent in terms of what it could buy at the time:

YearUSD ValueInflation Rate
1964$100.000.40%
1965$101.331.33%
1966$104.373.00%
1967$107.092.60%
1968$111.624.23%
1969$117.725.47%
1970$124.475.73%
1971$129.373.94%
1972$133.052.84%
1973$141.396.27%
1974$156.3410.57%
1975$168.687.89%
1976$176.764.79%
1977$187.876.29%
1978$204.218.70%
1979$229.6912.48%
1980$262.8214.42%
1981$287.989.57%
1982$307.626.82%
1983$319.883.99%
1984$331.963.77%
1985$344.483.77%
1986$351.682.09%
1987$366.184.12%
1988$380.493.91%
1989$399.735.06%
1990$421.225.37%
1991$438.304.06%
1992$451.152.93%
1993$465.063.08%
1994$475.242.19%
1995$490.353.18%
1996$503.462.67%
1997$517.242.74%
1998$527.672.01%
1999$538.592.07%
2000$555.893.21%
2001$570.362.60%
2002$579.451.59%
2003$590.111.84%
2004$603.302.24%
2005$621.563.03%
2006$634.302.05%
2007$655.073.27%
2008$679.753.77%
2009$671.63-1.20%
2010$680.821.37%
2011$699.422.73%
2012$710.041.52%
2013$718.161.14%
2014$730.711.75%
2015$728.55-0.30%
2016$733.370.66%
2017$747.161.88%
2018$760.251.75%
2019$771.371.46%
2020$779.981.12%
2021$812.884.22%
2022$874.277.55%
2023$903.363.33%
2024$916.981.51%*

* 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:

Year191419151916191719181919192019211922192319241925192619271928192919301931193219331934193519361937193819391940194119421943194419451946194719481949195019511952195319541955195619571958195919601961196219631964196519661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
CPI10.00010.01710.31711.75813.73316.66719.85018.17517.16717.37517.71718.10818.42518.25817.69217.65017.45815.95814.08312.63312.71713.26713.53314.09213.99213.71713.79214.51715.95816.85017.10817.47519.03322.10824.03324.00824.25026.15826.72526.95827.35827.54227.92528.83329.70829.95030.36730.51730.83331.14231.26731.68332.63333.48334.90036.80838.91740.45041.60044.20848.88352.74255.26758.74263.85071.81782.17590.04296.183100.017103.792107.708109.958114.492118.967124.983131.700137.042141.058145.408148.592153.317157.417161.725164.983168.400173.808178.333181.175184.508188.633194.342198.325204.818212.536209.995212.870218.684222.005224.545228.468227.792229.302233.611237.706241.181243.873254.159273.356282.450286.708

Adjust Chicago prices for inflation

Start with the inflation rate formula:

CPI in 1965 / CPI in 1964 * 1964 USD value = 1965 USD value

Then plug in historical CPI values from above. The CPI for Chicago, Illinois was 31.267 in the year 1964 and 31.683 in 1965:

31.683 / 31.267 * $100 = $101.33

Therefore, according to U.S. Bureau of Labor Statistics, $100 in 1964 has the same "purchasing power" as $101.33 in 1965 (in the CPI category of Chicago, Illinois).


Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Chicago, Illinois in 1914. In addition to Chicago, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.

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