According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 2,770.17% higher in 2024 versus 1915 (a $304,718,302,828.62 difference in value).
Between 1915 and 2024: Chicago experienced an average inflation rate of 3.13% per year. This rate of change indicates significant inflation. In other words, $11,000,000,000 in Chicago in the year 1915 would cost $315,718,302,828.62 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 3.19% during this same period, inflation in Chicago was lower.
In the year 1915: Pricing changed by 0.17%, which is below the average yearly change in Chicago during the 1915-2024 time period. Compared to inflation for all items in 1915 (0.92%), inflation in Chicago was lower.
Below are calculations of equivalent buying power in Chicago, over time, for $11,000,000,000 beginning in 1915. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1915 | $11,000,000,000.00 | 0.17% |
1916 | $11,329,450,915.14 | 3.00% |
1917 | $12,912,645,590.68 | 13.97% |
1918 | $15,081,530,782.03 | 16.80% |
1919 | $18,302,828,618.97 | 21.36% |
1920 | $21,798,668,885.19 | 19.10% |
1921 | $19,959,234,608.99 | -8.44% |
1922 | $18,851,913,477.54 | -5.55% |
1923 | $19,080,698,835.27 | 1.21% |
1924 | $19,455,906,821.96 | 1.97% |
1925 | $19,886,023,294.51 | 2.21% |
1926 | $20,233,777,038.27 | 1.75% |
1927 | $20,050,748,752.08 | -0.90% |
1928 | $19,428,452,579.03 | -3.10% |
1929 | $19,382,695,507.49 | -0.24% |
1930 | $19,172,212,978.37 | -1.09% |
1931 | $17,524,958,402.66 | -8.59% |
1932 | $15,465,890,183.03 | -11.75% |
1933 | $13,873,544,093.18 | -10.30% |
1934 | $13,965,058,236.27 | 0.66% |
1935 | $14,569,051,580.70 | 4.33% |
1936 | $14,861,896,838.60 | 2.01% |
1937 | $15,475,041,597.34 | 4.13% |
1938 | $15,365,224,625.62 | -0.71% |
1939 | $15,063,227,953.41 | -1.97% |
1940 | $15,145,590,682.20 | 0.55% |
1941 | $15,941,763,727.12 | 5.26% |
1942 | $17,524,958,402.66 | 9.93% |
1943 | $18,504,159,733.78 | 5.59% |
1944 | $18,787,853,577.37 | 1.53% |
1945 | $19,190,515,806.99 | 2.14% |
1946 | $20,901,830,282.86 | 8.92% |
1947 | $24,278,702,163.06 | 16.16% |
1948 | $26,392,678,868.55 | 8.71% |
1949 | $26,365,224,625.62 | -0.10% |
1950 | $26,630,615,640.60 | 1.01% |
1951 | $28,726,289,517.47 | 7.87% |
1952 | $29,348,585,690.52 | 2.17% |
1953 | $29,604,825,291.18 | 0.87% |
1954 | $30,044,093,178.04 | 1.48% |
1955 | $30,245,424,292.85 | 0.67% |
1956 | $30,666,389,351.08 | 1.39% |
1957 | $31,663,893,510.82 | 3.25% |
1958 | $32,624,792,013.31 | 3.03% |
1959 | $32,890,183,028.29 | 0.81% |
1960 | $33,347,753,743.76 | 1.39% |
1961 | $33,512,479,201.33 | 0.49% |
1962 | $33,860,232,945.09 | 1.04% |
1963 | $34,198,835,274.54 | 1.00% |
1964 | $34,336,106,489.18 | 0.40% |
1965 | $34,793,677,204.66 | 1.33% |
1966 | $35,836,938,435.94 | 3.00% |
1967 | $36,770,382,695.51 | 2.60% |
1968 | $38,326,123,128.12 | 4.23% |
1969 | $40,421,797,004.99 | 5.47% |
1970 | $42,737,104,825.29 | 5.73% |
1971 | $44,420,965,058.24 | 3.94% |
1972 | $45,683,860,232.95 | 2.84% |
1973 | $48,548,252,911.81 | 6.27% |
1974 | $53,682,196,339.43 | 10.57% |
1975 | $57,919,301,164.73 | 7.89% |
1976 | $60,692,179,700.50 | 4.79% |
1977 | $64,508,319,467.55 | 6.29% |
1978 | $70,118,136,439.27 | 8.70% |
1979 | $78,866,888,519.13 | 12.48% |
1980 | $90,242,096,505.82 | 14.42% |
1981 | $98,881,031,613.98 | 9.57% |
1982 | $105,625,623,960.07 | 6.82% |
1983 | $109,835,274,542.43 | 3.99% |
1984 | $113,980,865,224.63 | 3.77% |
1985 | $118,282,029,950.08 | 3.77% |
1986 | $120,752,911,813.64 | 2.09% |
1987 | $125,731,281,198.00 | 4.12% |
1988 | $130,645,590,682.20 | 3.91% |
1989 | $137,252,911,813.64 | 5.06% |
1990 | $144,628,951,747.09 | 5.37% |
1991 | $150,495,008,319.47 | 4.06% |
1992 | $154,905,990,016.64 | 2.93% |
1993 | $159,683,028,286.19 | 3.08% |
1994 | $163,178,868,552.41 | 2.19% |
1995 | $168,367,720,465.89 | 3.18% |
1996 | $172,870,216,306.16 | 2.67% |
1997 | $177,601,497,504.16 | 2.74% |
1998 | $181,179,700,499.17 | 2.01% |
1999 | $184,931,780,366.06 | 2.07% |
2000 | $190,871,048,252.91 | 3.21% |
2001 | $195,840,266,222.96 | 2.60% |
2002 | $198,960,898,502.50 | 1.59% |
2003 | $202,621,464,226.29 | 1.84% |
2004 | $207,151,414,309.48 | 2.24% |
2005 | $213,420,133,111.48 | 3.03% |
2006 | $217,794,509,151.41 | 2.05% |
2007 | $224,924,467,554.08 | 3.27% |
2008 | $233,400,141,430.95 | 3.77% |
2009 | $230,610,241,264.56 | -1.20% |
2010 | $233,767,845,257.90 | 1.37% |
2011 | $240,152,329,450.92 | 2.73% |
2012 | $243,798,893,510.82 | 1.52% |
2013 | $246,588,702,163.06 | 1.14% |
2014 | $250,896,364,392.68 | 1.75% |
2015 | $250,154,642,262.90 | -0.30% |
2016 | $251,812,237,936.77 | 0.66% |
2017 | $256,544,891,846.92 | 1.88% |
2018 | $261,041,805,324.46 | 1.75% |
2019 | $264,857,304,492.51 | 1.46% |
2020 | $267,813,668,885.19 | 1.12% |
2021 | $279,109,808,652.25 | 4.22% |
2022 | $300,191,372,712.15 | 7.55% |
2023 | $310,177,487,520.80 | 3.33% |
2024 | $315,718,302,828.62 | 1.79%* |
* 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 |
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 | 287.495 |