According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,415.17% higher in 2025 versus 1920 (a $246,478,136.04 difference in value).
Between 1920 and 2025: Chicago experienced an average inflation rate of 2.62% per year. This rate of change indicates significant inflation. In other words, $17,416,911 in Chicago in the year 1920 would cost $263,895,047.04 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 2.68% 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 1920-2025 time period. Compared to inflation for all items in 1920 (15.62%), inflation in Chicago was much higher.
Below are calculations of equivalent buying power in Chicago, over time, for $17,416,911 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 | $17,416,911.00 | 19.10% |
| 1921 | $15,947,222.04 | -8.44% |
| 1922 | $15,062,483.90 | -5.55% |
| 1923 | $15,245,281.04 | 1.21% |
| 1924 | $15,545,068.34 | 1.97% |
| 1925 | $15,888,726.95 | 2.21% |
| 1926 | $16,166,578.60 | 1.75% |
| 1927 | $16,020,340.89 | -0.90% |
| 1928 | $15,523,132.68 | -3.10% |
| 1929 | $15,486,573.26 | -0.24% |
| 1930 | $15,318,399.89 | -1.09% |
| 1931 | $14,002,260.52 | -8.59% |
| 1932 | $12,357,086.31 | -11.75% |
| 1933 | $11,084,818.25 | -10.30% |
| 1934 | $11,157,937.11 | 0.66% |
| 1935 | $11,640,521.54 | 4.33% |
| 1936 | $11,874,501.87 | 2.01% |
| 1937 | $12,364,398.20 | 4.13% |
| 1938 | $12,276,655.57 | -0.71% |
| 1939 | $12,035,363.35 | -1.97% |
| 1940 | $12,101,170.32 | 0.55% |
| 1941 | $12,737,304.35 | 5.26% |
| 1942 | $14,002,260.52 | 9.93% |
| 1943 | $14,784,632.26 | 5.59% |
| 1944 | $15,011,300.71 | 1.53% |
| 1945 | $15,333,023.66 | 2.14% |
| 1946 | $16,700,346.23 | 8.92% |
| 1947 | $19,398,431.94 | 16.16% |
| 1948 | $21,087,477.47 | 8.71% |
| 1949 | $21,065,541.81 | -0.10% |
| 1950 | $21,277,586.49 | 1.01% |
| 1951 | $22,952,008.24 | 7.87% |
| 1952 | $23,449,216.45 | 2.17% |
| 1953 | $23,653,949.24 | 0.87% |
| 1954 | $24,004,919.74 | 1.48% |
| 1955 | $24,165,781.22 | 0.67% |
| 1956 | $24,502,127.94 | 1.39% |
| 1957 | $25,299,123.45 | 3.25% |
| 1958 | $26,066,871.42 | 3.03% |
| 1959 | $26,278,916.09 | 0.81% |
| 1960 | $26,644,510.36 | 1.39% |
| 1961 | $26,776,124.30 | 0.49% |
| 1962 | $27,053,975.94 | 1.04% |
| 1963 | $27,324,515.70 | 1.00% |
| 1964 | $27,434,193.98 | 0.40% |
| 1965 | $27,799,788.25 | 1.33% |
| 1966 | $28,633,343.19 | 3.00% |
| 1967 | $29,379,155.50 | 2.60% |
| 1968 | $30,622,176.02 | 4.23% |
| 1969 | $32,296,597.77 | 5.47% |
| 1970 | $34,146,504.77 | 5.73% |
| 1971 | $35,491,891.69 | 3.94% |
| 1972 | $36,500,931.87 | 2.84% |
| 1973 | $38,789,552.00 | 6.27% |
| 1974 | $42,891,519.70 | 10.57% |
| 1975 | $46,276,922.64 | 7.89% |
| 1976 | $48,492,423.91 | 4.79% |
| 1977 | $51,541,480.12 | 6.29% |
| 1978 | $56,023,665.86 | 8.70% |
| 1979 | $63,013,828.29 | 12.48% |
| 1980 | $72,102,501.84 | 14.42% |
| 1981 | $79,004,921.64 | 9.57% |
| 1982 | $84,393,781.18 | 6.82% |
| 1983 | $87,757,248.46 | 3.99% |
| 1984 | $91,069,532.54 | 3.77% |
| 1985 | $94,506,118.67 | 3.77% |
| 1986 | $96,480,327.73 | 2.09% |
| 1987 | $100,457,993.38 | 4.12% |
| 1988 | $104,384,475.83 | 3.91% |
| 1989 | $109,663,657.09 | 5.06% |
| 1990 | $115,557,036.71 | 5.37% |
| 1991 | $120,243,955.25 | 4.06% |
| 1992 | $123,768,284.00 | 2.93% |
| 1993 | $127,585,088.18 | 3.08% |
| 1994 | $130,378,228.40 | 2.19% |
| 1995 | $134,524,067.41 | 3.18% |
| 1996 | $138,121,515.03 | 2.67% |
| 1997 | $141,901,759.77 | 2.74% |
| 1998 | $144,760,706.96 | 2.01% |
| 1999 | $147,758,579.97 | 2.07% |
| 2000 | $152,503,993.59 | 3.21% |
| 2001 | $156,474,347.36 | 2.60% |
| 2002 | $158,967,700.27 | 1.59% |
| 2003 | $161,892,454.43 | 1.84% |
| 2004 | $165,511,837.70 | 2.24% |
| 2005 | $170,520,479.19 | 3.03% |
| 2006 | $174,015,560.41 | 2.05% |
| 2007 | $179,712,323.43 | 3.27% |
| 2008 | $186,484,299.21 | 3.77% |
| 2009 | $184,255,197.83 | -1.20% |
| 2010 | $186,778,090.76 | 1.37% |
| 2011 | $191,879,227.60 | 2.73% |
| 2012 | $194,792,794.58 | 1.52% |
| 2013 | $197,021,822.84 | 1.14% |
| 2014 | $200,463,600.41 | 1.75% |
| 2015 | $199,870,972.10 | -0.30% |
| 2016 | $201,195,373.90 | 0.66% |
| 2017 | $204,976,715.43 | 1.88% |
| 2018 | $208,569,702.79 | 1.75% |
| 2019 | $211,618,247.17 | 1.46% |
| 2020 | $213,980,351.74 | 1.12% |
| 2021 | $223,005,850.59 | 4.22% |
| 2022 | $239,849,802.25 | 7.55% |
| 2023 | $247,828,604.71 | 3.33% |
| 2024 | $256,405,884.99 | 3.46% |
| 2025 | $263,895,047.04 | 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 |