According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,415.17% higher in 2025 versus 1920 (a $467,004,653.65 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, $33,000,000 in Chicago in the year 1920 would cost $500,004,653.65 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 $33,000,000 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 | $33,000,000.00 | 19.10% |
| 1921 | $30,215,365.24 | -8.44% |
| 1922 | $28,539,042.82 | -5.55% |
| 1923 | $28,885,390.43 | 1.21% |
| 1924 | $29,453,400.50 | 1.97% |
| 1925 | $30,104,534.01 | 2.21% |
| 1926 | $30,630,982.37 | 1.75% |
| 1927 | $30,353,904.28 | -0.90% |
| 1928 | $29,411,838.79 | -3.10% |
| 1929 | $29,342,569.27 | -0.24% |
| 1930 | $29,023,929.47 | -1.09% |
| 1931 | $26,530,226.70 | -8.59% |
| 1932 | $23,413,098.24 | -11.75% |
| 1933 | $21,002,518.89 | -10.30% |
| 1934 | $21,141,057.93 | 0.66% |
| 1935 | $22,055,415.62 | 4.33% |
| 1936 | $22,498,740.55 | 2.01% |
| 1937 | $23,426,952.14 | 4.13% |
| 1938 | $23,260,705.29 | -0.71% |
| 1939 | $22,803,526.45 | -1.97% |
| 1940 | $22,928,211.59 | 0.55% |
| 1941 | $24,133,501.26 | 5.26% |
| 1942 | $26,530,226.70 | 9.93% |
| 1943 | $28,012,594.46 | 5.59% |
| 1944 | $28,442,065.49 | 1.53% |
| 1945 | $29,051,637.28 | 2.14% |
| 1946 | $31,642,317.38 | 8.92% |
| 1947 | $36,754,408.06 | 16.16% |
| 1948 | $39,954,659.95 | 8.71% |
| 1949 | $39,913,098.24 | -0.10% |
| 1950 | $40,314,861.46 | 1.01% |
| 1951 | $43,487,405.54 | 7.87% |
| 1952 | $44,429,471.03 | 2.17% |
| 1953 | $44,817,380.35 | 0.87% |
| 1954 | $45,482,367.76 | 1.48% |
| 1955 | $45,787,153.65 | 0.67% |
| 1956 | $46,424,433.25 | 1.39% |
| 1957 | $47,934,508.82 | 3.25% |
| 1958 | $49,389,168.77 | 3.03% |
| 1959 | $49,790,931.99 | 0.81% |
| 1960 | $50,483,627.20 | 1.39% |
| 1961 | $50,732,997.48 | 0.49% |
| 1962 | $51,259,445.84 | 1.04% |
| 1963 | $51,772,040.30 | 1.00% |
| 1964 | $51,979,848.87 | 0.40% |
| 1965 | $52,672,544.08 | 1.33% |
| 1966 | $54,251,889.17 | 3.00% |
| 1967 | $55,664,987.41 | 2.60% |
| 1968 | $58,020,151.13 | 4.23% |
| 1969 | $61,192,695.21 | 5.47% |
| 1970 | $64,697,733.00 | 5.73% |
| 1971 | $67,246,851.39 | 3.94% |
| 1972 | $69,158,690.18 | 2.84% |
| 1973 | $73,494,962.22 | 6.27% |
| 1974 | $81,267,002.52 | 10.57% |
| 1975 | $87,681,360.20 | 7.89% |
| 1976 | $91,879,093.20 | 4.79% |
| 1977 | $97,656,171.28 | 6.29% |
| 1978 | $106,148,614.61 | 8.70% |
| 1979 | $119,392,947.10 | 12.48% |
| 1980 | $136,613,350.13 | 14.42% |
| 1981 | $149,691,435.77 | 9.57% |
| 1982 | $159,901,763.22 | 6.82% |
| 1983 | $166,274,559.19 | 3.99% |
| 1984 | $172,550,377.83 | 3.77% |
| 1985 | $179,061,712.85 | 3.77% |
| 1986 | $182,802,267.00 | 2.09% |
| 1987 | $190,338,790.93 | 4.12% |
| 1988 | $197,778,337.53 | 3.91% |
| 1989 | $207,780,856.42 | 5.06% |
| 1990 | $218,947,103.27 | 5.37% |
| 1991 | $227,827,455.92 | 4.06% |
| 1992 | $234,505,037.78 | 2.93% |
| 1993 | $241,736,775.82 | 3.08% |
| 1994 | $247,028,967.25 | 2.19% |
| 1995 | $254,884,130.98 | 3.18% |
| 1996 | $261,700,251.89 | 2.67% |
| 1997 | $268,862,720.40 | 2.74% |
| 1998 | $274,279,596.98 | 2.01% |
| 1999 | $279,959,697.73 | 2.07% |
| 2000 | $288,950,881.61 | 3.21% |
| 2001 | $296,473,551.64 | 2.60% |
| 2002 | $301,197,733.00 | 1.59% |
| 2003 | $306,739,294.71 | 1.84% |
| 2004 | $313,596,977.33 | 2.24% |
| 2005 | $323,086,901.76 | 3.03% |
| 2006 | $329,709,068.01 | 2.05% |
| 2007 | $340,502,783.38 | 3.27% |
| 2008 | $353,333,715.37 | 3.77% |
| 2009 | $349,110,214.11 | -1.20% |
| 2010 | $353,890,365.24 | 1.37% |
| 2011 | $363,555,541.56 | 2.73% |
| 2012 | $369,075,906.80 | 1.52% |
| 2013 | $373,299,269.52 | 1.14% |
| 2014 | $379,820,440.81 | 1.75% |
| 2015 | $378,697,581.86 | -0.30% |
| 2016 | $381,206,939.55 | 0.66% |
| 2017 | $388,371,486.15 | 1.88% |
| 2018 | $395,179,156.17 | 1.75% |
| 2019 | $400,955,264.48 | 1.46% |
| 2020 | $405,430,768.26 | 1.12% |
| 2021 | $422,531,473.55 | 4.22% |
| 2022 | $454,445,881.61 | 7.55% |
| 2023 | $469,563,400.50 | 3.33% |
| 2024 | $485,814,861.46 | 3.46% |
| 2025 | $500,004,653.65 | 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 |