According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,428.24% higher in 2026 versus 1920 (a $14,284,231,815.34 difference in value).
Between 1920 and 2026:Chicago experienced an average inflation rate of 2.61% per year. This rate of change indicates significant inflation. In other words, $1,000,125,223 in Chicago in the year 1920 would cost $15,284,357,038.34 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.67% during this same period, inflation in Chicago was lower.
In the year 1920: Pricing changed by 19.10%, which is significantly above the average yearly change in Chicago during the 1920-2026 time period. Compared to inflation for all items in 1920 (15.63%), inflation in Chicago was much higher.
Below are calculations of equivalent buying power in Chicago, over time, for $1,000,125,223 beginning in 1920. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1920 | $1,000,125,223.00 | 19.10% |
| 1921 | $915,731,784.79 | -8.44% |
| 1922 | $864,927,774.72 | -5.55% |
| 1923 | $875,424,471.01 | 1.21% |
| 1924 | $892,639,052.94 | 1.97% |
| 1925 | $912,372,841.97 | 2.21% |
| 1926 | $928,327,820.34 | 1.75% |
| 1927 | $919,930,463.31 | -0.90% |
| 1928 | $891,379,449.38 | -3.10% |
| 1929 | $889,280,110.12 | -0.24% |
| 1930 | $879,623,149.53 | -1.09% |
| 1931 | $804,046,936.21 | -8.59% |
| 1932 | $709,576,669.55 | -11.75% |
| 1933 | $636,519,663.34 | -10.30% |
| 1934 | $640,718,341.85 | 0.66% |
| 1935 | $668,429,620.07 | 4.33% |
| 1936 | $681,865,391.33 | 2.01% |
| 1937 | $709,996,537.40 | 4.13% |
| 1938 | $704,958,123.18 | -0.71% |
| 1939 | $691,102,484.07 | -1.97% |
| 1940 | $694,881,294.74 | 0.55% |
| 1941 | $731,409,797.84 | 5.26% |
| 1942 | $804,046,936.21 | 9.93% |
| 1943 | $848,972,796.35 | 5.59% |
| 1944 | $861,988,699.76 | 1.53% |
| 1945 | $880,462,885.24 | 2.14% |
| 1946 | $958,978,173.52 | 8.92% |
| 1947 | $1,113,909,410.84 | 16.16% |
| 1948 | $1,210,898,884.61 | 8.71% |
| 1949 | $1,209,639,281.05 | -0.10% |
| 1950 | $1,221,815,448.75 | 1.01% |
| 1951 | $1,317,965,186.82 | 7.87% |
| 1952 | $1,346,516,200.74 | 2.17% |
| 1953 | $1,358,272,500.59 | 0.87% |
| 1954 | $1,378,426,157.48 | 1.48% |
| 1955 | $1,387,663,250.22 | 0.67% |
| 1956 | $1,406,977,171.40 | 1.39% |
| 1957 | $1,452,742,767.25 | 3.25% |
| 1958 | $1,496,828,891.69 | 3.03% |
| 1959 | $1,509,005,059.39 | 0.81% |
| 1960 | $1,529,998,451.98 | 1.39% |
| 1961 | $1,537,556,073.31 | 0.49% |
| 1962 | $1,553,511,051.68 | 1.04% |
| 1963 | $1,569,046,162.20 | 1.00% |
| 1964 | $1,575,344,179.97 | 0.40% |
| 1965 | $1,596,337,572.56 | 1.33% |
| 1966 | $1,644,202,507.67 | 3.00% |
| 1967 | $1,687,029,028.55 | 2.60% |
| 1968 | $1,758,406,563.36 | 4.23% |
| 1969 | $1,854,556,301.42 | 5.47% |
| 1970 | $1,960,782,867.93 | 5.73% |
| 1971 | $2,038,038,552.66 | 3.94% |
| 1972 | $2,095,980,316.21 | 2.84% |
| 1973 | $2,227,398,953.83 | 6.27% |
| 1974 | $2,462,944,818.69 | 10.57% |
| 1975 | $2,657,343,634.08 | 7.89% |
| 1976 | $2,784,563,593.17 | 4.79% |
| 1977 | $2,959,648,487.37 | 6.29% |
| 1978 | $3,217,027,480.53 | 8.70% |
| 1979 | $3,618,421,146.86 | 12.48% |
| 1980 | $4,140,316,886.65 | 14.42% |
| 1981 | $4,536,672,138.76 | 9.57% |
| 1982 | $4,846,114,745.54 | 6.82% |
| 1983 | $5,039,253,957.37 | 3.99% |
| 1984 | $5,229,454,094.23 | 3.77% |
| 1985 | $5,426,791,984.58 | 3.77% |
| 1986 | $5,540,156,304.57 | 2.09% |
| 1987 | $5,768,564,415.95 | 4.12% |
| 1988 | $5,994,033,452.37 | 3.91% |
| 1989 | $6,297,178,041.37 | 5.06% |
| 1990 | $6,635,591,529.93 | 5.37% |
| 1991 | $6,904,726,822.94 | 4.06% |
| 1992 | $7,107,103,127.51 | 2.93% |
| 1993 | $7,326,274,146.15 | 3.08% |
| 1994 | $7,486,663,665.54 | 2.19% |
| 1995 | $7,724,728,737.51 | 3.18% |
| 1996 | $7,931,303,720.60 | 2.67% |
| 1997 | $8,148,375,399.98 | 2.74% |
| 1998 | $8,312,543,730.04 | 2.01% |
| 1999 | $8,484,689,549.28 | 2.07% |
| 2000 | $8,757,183,785.10 | 3.21% |
| 2001 | $8,985,172,028.63 | 2.60% |
| 2002 | $9,128,346,966.10 | 1.59% |
| 2003 | $9,296,294,106.82 | 1.84% |
| 2004 | $9,504,128,693.46 | 2.24% |
| 2005 | $9,791,738,171.95 | 3.03% |
| 2006 | $9,992,435,005.11 | 2.05% |
| 2007 | $10,319,558,247.13 | 3.27% |
| 2008 | $10,708,423,056.76 | 3.77% |
| 2009 | $10,580,422,143.46 | -1.20% |
| 2010 | $10,725,293,347.05 | 1.37% |
| 2011 | $11,018,214,153.86 | 2.73% |
| 2012 | $11,185,518,896.77 | 1.52% |
| 2013 | $11,313,515,611.39 | 1.14% |
| 2014 | $11,511,151,607.91 | 1.75% |
| 2015 | $11,477,121,318.52 | -0.30% |
| 2016 | $11,553,171,982.52 | 0.66% |
| 2017 | $11,770,306,642.08 | 1.88% |
| 2018 | $11,976,625,505.78 | 1.75% |
| 2019 | $12,151,681,009.23 | 1.46% |
| 2020 | $12,287,319,318.76 | 1.12% |
| 2021 | $12,805,587,400.31 | 4.22% |
| 2022 | $13,772,811,778.45 | 7.55% |
| 2023 | $14,230,975,777.01 | 3.33% |
| 2024 | $14,723,505,959.25 | 3.46% |
| 2025 | $15,190,923,845.28 | 3.17% |
| 2026 | $15,284,357,038.34 | 0.62%* |
* 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 | 2026 |
| 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 | 301.502 | 303.356 |