According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,455.68% higher in 2026 versus 1920 (a $2,842,938,317.38 difference in value).
Between 1920 and 2026, Chicago experienced an average inflation rate of 2.62% per year. This rate of change indicates significant inflation. In other words, $195,300,000 in Chicago in the year 1920 would cost $3,038,238,317.38 in 2026 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 1920-2026 time period. Compared to inflation for all items in 1920 (15.63%), inflation in Chicago was much higher.
The official rate is based on an average household's spending, so your own inflation rate is probably different. The personal inflation calculator works it out from your budget.
Below are calculations of equivalent buying power in Chicago, over time, for $195,300,000 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 | $195,300,000.00 | 19.10% |
| 1921 | $178,820,025.19 | -8.44% |
| 1922 | $168,899,244.33 | -5.55% |
| 1923 | $170,948,992.44 | 1.21% |
| 1924 | $174,310,579.35 | 1.97% |
| 1925 | $178,164,105.79 | 2.21% |
| 1926 | $181,279,722.92 | 1.75% |
| 1927 | $179,639,924.43 | -0.90% |
| 1928 | $174,064,609.57 | -3.10% |
| 1929 | $173,654,659.95 | -0.24% |
| 1930 | $171,768,891.69 | -1.09% |
| 1931 | $157,010,705.29 | -8.59% |
| 1932 | $138,562,972.29 | -11.75% |
| 1933 | $124,296,725.44 | -10.30% |
| 1934 | $125,116,624.69 | 0.66% |
| 1935 | $130,527,959.70 | 4.33% |
| 1936 | $133,151,637.28 | 2.01% |
| 1937 | $138,644,962.22 | 4.13% |
| 1938 | $137,661,083.12 | -0.71% |
| 1939 | $134,955,415.62 | -1.97% |
| 1940 | $135,693,324.94 | 0.55% |
| 1941 | $142,826,448.36 | 5.26% |
| 1942 | $157,010,705.29 | 9.93% |
| 1943 | $165,783,627.20 | 5.59% |
| 1944 | $168,325,314.86 | 1.53% |
| 1945 | $171,932,871.54 | 2.14% |
| 1946 | $187,264,987.41 | 8.92% |
| 1947 | $217,519,269.52 | 16.16% |
| 1948 | $236,458,942.07 | 8.71% |
| 1949 | $236,212,972.29 | -0.10% |
| 1950 | $238,590,680.10 | 1.01% |
| 1951 | $257,366,372.80 | 7.87% |
| 1952 | $262,941,687.66 | 2.17% |
| 1953 | $265,237,405.54 | 0.87% |
| 1954 | $269,172,921.91 | 1.48% |
| 1955 | $270,976,700.25 | 0.67% |
| 1956 | $274,748,236.78 | 1.39% |
| 1957 | $283,685,138.54 | 3.25% |
| 1958 | $292,294,080.60 | 3.03% |
| 1959 | $294,671,788.41 | 0.81% |
| 1960 | $298,771,284.63 | 1.39% |
| 1961 | $300,247,103.27 | 0.49% |
| 1962 | $303,362,720.40 | 1.04% |
| 1963 | $306,396,347.61 | 1.00% |
| 1964 | $307,626,196.47 | 0.40% |
| 1965 | $311,725,692.70 | 1.33% |
| 1966 | $321,072,544.08 | 3.00% |
| 1967 | $329,435,516.37 | 2.60% |
| 1968 | $343,373,803.53 | 4.23% |
| 1969 | $362,149,496.22 | 5.47% |
| 1970 | $382,892,947.10 | 5.73% |
| 1971 | $397,979,093.20 | 3.94% |
| 1972 | $409,293,702.77 | 2.84% |
| 1973 | $434,956,549.12 | 6.27% |
| 1974 | $480,952,896.73 | 10.57% |
| 1975 | $518,914,231.74 | 7.89% |
| 1976 | $543,757,178.84 | 4.79% |
| 1977 | $577,946,977.33 | 6.29% |
| 1978 | $628,206,801.01 | 8.70% |
| 1979 | $706,589,168.77 | 12.48% |
| 1980 | $808,502,644.84 | 14.42% |
| 1981 | $885,901,133.50 | 9.57% |
| 1982 | $946,327,707.81 | 6.82% |
| 1983 | $984,043,073.05 | 3.99% |
| 1984 | $1,021,184,508.82 | 3.77% |
| 1985 | $1,059,719,773.30 | 3.77% |
| 1986 | $1,081,857,052.90 | 2.09% |
| 1987 | $1,126,459,571.79 | 4.12% |
| 1988 | $1,170,488,161.21 | 3.91% |
| 1989 | $1,229,684,886.65 | 5.06% |
| 1990 | $1,295,768,765.74 | 5.37% |
| 1991 | $1,348,324,307.30 | 4.06% |
| 1992 | $1,387,843,450.88 | 2.93% |
| 1993 | $1,430,642,191.44 | 3.08% |
| 1994 | $1,461,962,342.57 | 2.19% |
| 1995 | $1,508,450,629.72 | 3.18% |
| 1996 | $1,548,789,672.54 | 2.67% |
| 1997 | $1,591,178,463.48 | 2.74% |
| 1998 | $1,623,236,523.93 | 2.01% |
| 1999 | $1,656,852,392.95 | 2.07% |
| 2000 | $1,710,063,853.90 | 3.21% |
| 2001 | $1,754,584,382.87 | 2.60% |
| 2002 | $1,782,542,947.10 | 1.59% |
| 2003 | $1,815,338,916.88 | 1.84% |
| 2004 | $1,855,923,929.47 | 2.24% |
| 2005 | $1,912,087,027.71 | 3.03% |
| 2006 | $1,951,278,211.59 | 2.05% |
| 2007 | $2,015,157,381.61 | 3.27% |
| 2008 | $2,091,093,170.03 | 3.77% |
| 2009 | $2,066,097,721.66 | -1.20% |
| 2010 | $2,094,387,525.19 | 1.37% |
| 2011 | $2,151,587,795.97 | 2.73% |
| 2012 | $2,184,258,321.16 | 1.52% |
| 2013 | $2,209,252,949.62 | 1.14% |
| 2014 | $2,247,846,426.95 | 1.75% |
| 2015 | $2,241,201,143.58 | -0.30% |
| 2016 | $2,256,051,978.59 | 0.66% |
| 2017 | $2,298,453,068.01 | 1.88% |
| 2018 | $2,338,742,096.98 | 1.75% |
| 2019 | $2,372,926,156.17 | 1.46% |
| 2020 | $2,399,413,001.26 | 1.12% |
| 2021 | $2,500,618,084.38 | 4.22% |
| 2022 | $2,689,493,353.90 | 7.55% |
| 2023 | $2,778,961,579.35 | 3.33% |
| 2024 | $2,875,140,680.10 | 3.46% |
| 2025 | $2,966,415,963.48 | 3.17% |
| 2026 | $3,038,238,317.38 | 2.42%* |
* 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 | 308.802 |