According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,415.17% higher in 2025 versus 1920 (a $4,177,745,330.46 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, $295,212,467 in Chicago in the year 1920 would cost $4,472,957,797.46 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 $295,212,467 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 | $295,212,467.00 | 19.10% |
| 1921 | $270,301,591.32 | -8.44% |
| 1922 | $255,305,492.03 | -5.55% |
| 1923 | $258,403,859.65 | 1.21% |
| 1924 | $263,485,182.55 | 1.97% |
| 1925 | $269,310,113.68 | 2.21% |
| 1926 | $274,019,632.47 | 1.75% |
| 1927 | $271,540,938.37 | -0.90% |
| 1928 | $263,113,378.44 | -3.10% |
| 1929 | $262,493,704.91 | -0.24% |
| 1930 | $259,643,206.70 | -1.09% |
| 1931 | $237,334,959.83 | -8.59% |
| 1932 | $209,449,651.23 | -11.75% |
| 1933 | $187,885,012.58 | -10.30% |
| 1934 | $189,124,359.63 | 0.66% |
| 1935 | $197,304,050.15 | 4.33% |
| 1936 | $201,269,960.71 | 2.01% |
| 1937 | $209,573,585.93 | 4.13% |
| 1938 | $208,086,369.48 | -0.71% |
| 1939 | $203,996,524.22 | -1.97% |
| 1940 | $205,111,936.56 | 0.55% |
| 1941 | $215,894,255.88 | 5.26% |
| 1942 | $237,334,959.83 | 9.93% |
| 1943 | $250,595,973.25 | 5.59% |
| 1944 | $254,437,949.10 | 1.53% |
| 1945 | $259,891,076.11 | 2.14% |
| 1946 | $283,066,865.92 | 8.92% |
| 1947 | $328,798,772.02 | 16.16% |
| 1948 | $357,427,688.84 | 8.71% |
| 1949 | $357,055,884.73 | -0.10% |
| 1950 | $360,649,991.17 | 1.01% |
| 1951 | $389,031,038.59 | 7.87% |
| 1952 | $397,458,598.52 | 2.17% |
| 1953 | $400,928,770.25 | 0.87% |
| 1954 | $406,877,636.09 | 1.48% |
| 1955 | $409,604,199.59 | 0.67% |
| 1956 | $415,305,196.02 | 1.39% |
| 1957 | $428,814,078.85 | 3.25% |
| 1958 | $441,827,222.86 | 3.03% |
| 1959 | $445,421,329.30 | 0.81% |
| 1960 | $451,618,064.55 | 1.39% |
| 1961 | $453,848,889.23 | 0.49% |
| 1962 | $458,558,408.02 | 1.04% |
| 1963 | $463,143,992.10 | 1.00% |
| 1964 | $465,003,012.67 | 0.40% |
| 1965 | $471,199,747.92 | 1.33% |
| 1966 | $485,328,304.27 | 3.00% |
| 1967 | $497,969,644.17 | 2.60% |
| 1968 | $519,038,543.99 | 4.23% |
| 1969 | $547,419,591.41 | 5.47% |
| 1970 | $578,775,071.74 | 5.73% |
| 1971 | $601,579,057.44 | 3.94% |
| 1972 | $618,682,046.71 | 2.84% |
| 1973 | $657,473,609.33 | 6.27% |
| 1974 | $727,000,978.77 | 10.57% |
| 1975 | $784,382,747.12 | 7.89% |
| 1976 | $821,934,962.70 | 4.79% |
| 1977 | $873,615,734.63 | 6.29% |
| 1978 | $949,587,708.71 | 8.70% |
| 1979 | $1,068,069,286.57 | 12.48% |
| 1980 | $1,222,120,124.72 | 14.42% |
| 1981 | $1,339,114,486.12 | 9.57% |
| 1982 | $1,430,454,363.61 | 6.82% |
| 1983 | $1,487,464,327.85 | 3.99% |
| 1984 | $1,543,606,749.15 | 3.77% |
| 1985 | $1,601,856,060.44 | 3.77% |
| 1986 | $1,635,318,430.76 | 2.09% |
| 1987 | $1,702,738,910.21 | 4.12% |
| 1988 | $1,769,291,846.72 | 3.91% |
| 1989 | $1,858,772,703.64 | 5.06% |
| 1990 | $1,958,664,075.76 | 5.37% |
| 1991 | $2,038,106,221.58 | 4.06% |
| 1992 | $2,097,842,749.33 | 2.93% |
| 1993 | $2,162,536,665.27 | 3.08% |
| 1994 | $2,209,879,722.53 | 2.19% |
| 1995 | $2,280,150,700.20 | 3.18% |
| 1996 | $2,341,126,574.99 | 2.67% |
| 1997 | $2,405,200,817.41 | 2.74% |
| 1998 | $2,453,659,287.01 | 2.01% |
| 1999 | $2,504,472,516.01 | 2.07% |
| 2000 | $2,584,906,139.47 | 3.21% |
| 2001 | $2,652,202,684.21 | 2.60% |
| 2002 | $2,694,464,418.58 | 1.59% |
| 2003 | $2,744,038,300.52 | 1.84% |
| 2004 | $2,805,385,979.43 | 2.24% |
| 2005 | $2,890,281,252.27 | 3.03% |
| 2006 | $2,949,522,041.20 | 2.05% |
| 2007 | $3,046,080,809.11 | 3.27% |
| 2008 | $3,160,864,175.37 | 3.77% |
| 2009 | $3,123,081,441.24 | -1.20% |
| 2010 | $3,165,843,871.81 | 1.37% |
| 2011 | $3,252,306,918.67 | 2.73% |
| 2012 | $3,301,691,180.51 | 1.52% |
| 2013 | $3,339,472,675.29 | 1.14% |
| 2014 | $3,397,809,980.22 | 1.75% |
| 2015 | $3,387,765,072.39 | -0.30% |
| 2016 | $3,410,213,365.49 | 0.66% |
| 2017 | $3,474,306,198.11 | 1.88% |
| 2018 | $3,535,206,472.74 | 1.75% |
| 2019 | $3,586,878,569.24 | 1.46% |
| 2020 | $3,626,915,675.65 | 1.12% |
| 2021 | $3,779,895,717.95 | 4.22% |
| 2022 | $4,065,396,661.48 | 7.55% |
| 2023 | $4,200,635,450.78 | 3.33% |
| 2024 | $4,346,018,295.67 | 3.46% |
| 2025 | $4,472,957,797.46 | 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 |