According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,415.17% higher in 2025 versus 1920 (a $539,288,794.38 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, $38,107,822 in Chicago in the year 1920 would cost $577,396,616.38 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 $38,107,822 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 | $38,107,822.00 | 19.10% |
| 1921 | $34,892,174.55 | -8.44% |
| 1922 | $32,956,386.78 | -5.55% |
| 1923 | $33,356,342.93 | 1.21% |
| 1924 | $34,012,271.02 | 1.97% |
| 1925 | $34,764,188.58 | 2.21% |
| 1926 | $35,372,121.93 | 1.75% |
| 1927 | $35,052,157.01 | -0.90% |
| 1928 | $33,964,276.28 | -3.10% |
| 1929 | $33,884,285.05 | -0.24% |
| 1930 | $33,516,325.39 | -1.09% |
| 1931 | $30,636,641.11 | -8.59% |
| 1932 | $27,037,035.76 | -11.75% |
| 1933 | $24,253,340.95 | -10.30% |
| 1934 | $24,413,323.41 | 0.66% |
| 1935 | $25,469,207.65 | 4.33% |
| 1936 | $25,981,151.52 | 2.01% |
| 1937 | $27,053,034.01 | 4.13% |
| 1938 | $26,861,055.05 | -0.71% |
| 1939 | $26,333,112.94 | -1.97% |
| 1940 | $26,477,097.15 | 0.55% |
| 1941 | $27,868,944.55 | 5.26% |
| 1942 | $30,636,641.11 | 9.93% |
| 1943 | $32,348,453.44 | 5.59% |
| 1944 | $32,844,399.06 | 1.53% |
| 1945 | $33,548,321.89 | 2.14% |
| 1946 | $36,539,993.89 | 8.92% |
| 1947 | $42,443,346.67 | 16.16% |
| 1948 | $46,138,941.50 | 8.71% |
| 1949 | $46,090,946.76 | -0.10% |
| 1950 | $46,554,895.89 | 1.01% |
| 1951 | $50,218,494.23 | 7.87% |
| 1952 | $51,306,374.96 | 2.17% |
| 1953 | $51,754,325.85 | 0.87% |
| 1954 | $52,522,241.66 | 1.48% |
| 1955 | $52,874,203.07 | 0.67% |
| 1956 | $53,610,122.39 | 1.39% |
| 1957 | $55,353,931.20 | 3.25% |
| 1958 | $57,033,747.03 | 3.03% |
| 1959 | $57,497,696.17 | 0.81% |
| 1960 | $58,297,608.47 | 1.39% |
| 1961 | $58,585,576.90 | 0.49% |
| 1962 | $59,193,510.24 | 1.04% |
| 1963 | $59,785,445.35 | 1.00% |
| 1964 | $60,025,419.04 | 0.40% |
| 1965 | $60,825,331.34 | 1.33% |
| 1966 | $62,649,131.38 | 3.00% |
| 1967 | $64,280,952.48 | 2.60% |
| 1968 | $67,000,654.30 | 4.23% |
| 1969 | $70,664,252.63 | 5.47% |
| 1970 | $74,711,808.87 | 5.73% |
| 1971 | $77,655,486.14 | 3.94% |
| 1972 | $79,863,244.09 | 2.84% |
| 1973 | $84,870,695.09 | 6.27% |
| 1974 | $93,845,711.10 | 10.57% |
| 1975 | $101,252,899.01 | 7.89% |
| 1976 | $106,100,367.55 | 4.79% |
| 1977 | $112,771,636.14 | 6.29% |
| 1978 | $122,578,560.94 | 8.70% |
| 1979 | $137,872,884.13 | 12.48% |
| 1980 | $157,758,703.92 | 14.42% |
| 1981 | $172,861,048.16 | 9.57% |
| 1982 | $184,651,755.47 | 6.82% |
| 1983 | $192,010,948.63 | 3.99% |
| 1984 | $199,258,154.08 | 3.77% |
| 1985 | $206,777,329.70 | 3.77% |
| 1986 | $211,096,856.13 | 2.09% |
| 1987 | $219,799,901.96 | 4.12% |
| 1988 | $228,390,960.06 | 3.91% |
| 1989 | $239,941,693.68 | 5.06% |
| 1990 | $252,836,279.97 | 5.37% |
| 1991 | $263,091,155.66 | 4.06% |
| 1992 | $270,802,310.24 | 2.93% |
| 1993 | $279,153,394.66 | 3.08% |
| 1994 | $285,264,724.64 | 2.19% |
| 1995 | $294,335,730.12 | 3.18% |
| 1996 | $302,206,867.16 | 2.67% |
| 1997 | $310,477,960.35 | 2.74% |
| 1998 | $316,733,274.54 | 2.01% |
| 1999 | $323,292,555.41 | 2.07% |
| 2000 | $333,675,417.07 | 3.21% |
| 2001 | $342,362,464.65 | 2.60% |
| 2002 | $347,817,866.54 | 1.59% |
| 2003 | $354,217,164.95 | 1.84% |
| 2004 | $362,136,296.72 | 2.24% |
| 2005 | $373,095,095.24 | 3.03% |
| 2006 | $380,742,256.83 | 2.05% |
| 2007 | $393,206,650.28 | 3.27% |
| 2008 | $408,023,585.81 | 3.77% |
| 2009 | $403,146,360.53 | -1.20% |
| 2010 | $408,666,395.33 | 1.37% |
| 2011 | $419,827,571.67 | 2.73% |
| 2012 | $426,202,392.75 | 1.52% |
| 2013 | $431,079,458.05 | 1.14% |
| 2014 | $438,609,992.43 | 1.75% |
| 2015 | $437,313,334.59 | -0.30% |
| 2016 | $440,211,096.89 | 0.66% |
| 2017 | $448,484,589.82 | 1.88% |
| 2018 | $456,345,967.92 | 1.75% |
| 2019 | $463,016,116.63 | 1.46% |
| 2020 | $468,184,350.01 | 1.12% |
| 2021 | $487,931,944.95 | 4.22% |
| 2022 | $524,786,144.40 | 7.55% |
| 2023 | $542,243,590.43 | 3.33% |
| 2024 | $561,010,492.89 | 3.46% |
| 2025 | $577,396,616.38 | 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 |