According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,415.17% higher in 2025 versus 1920 (a $6,722,036,681.36 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, $475,000,000 in Chicago in the year 1920 would cost $7,197,036,681.36 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 $475,000,000 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 | $475,000,000.00 | 19.10% |
| 1921 | $434,918,136.02 | -8.44% |
| 1922 | $410,789,252.73 | -5.55% |
| 1923 | $415,774,559.19 | 1.21% |
| 1924 | $423,950,461.80 | 1.97% |
| 1925 | $433,322,837.95 | 2.21% |
| 1926 | $440,900,503.78 | 1.75% |
| 1927 | $436,912,258.61 | -0.90% |
| 1928 | $423,352,225.02 | -3.10% |
| 1929 | $422,355,163.73 | -0.24% |
| 1930 | $417,768,681.78 | -1.09% |
| 1931 | $381,874,475.23 | -8.59% |
| 1932 | $337,006,717.04 | -11.75% |
| 1933 | $302,308,984.05 | -10.30% |
| 1934 | $304,303,106.63 | 0.66% |
| 1935 | $317,464,315.70 | 4.33% |
| 1936 | $323,845,507.98 | 2.01% |
| 1937 | $337,206,129.30 | 4.13% |
| 1938 | $334,813,182.20 | -0.71% |
| 1939 | $328,232,577.67 | -1.97% |
| 1940 | $330,027,287.99 | 0.55% |
| 1941 | $347,376,154.49 | 5.26% |
| 1942 | $381,874,475.23 | 9.93% |
| 1943 | $403,211,586.90 | 5.59% |
| 1944 | $409,393,366.92 | 1.53% |
| 1945 | $418,167,506.30 | 2.14% |
| 1946 | $455,457,598.66 | 8.92% |
| 1947 | $529,040,722.08 | 16.16% |
| 1948 | $575,104,953.82 | 8.71% |
| 1949 | $574,506,717.04 | -0.10% |
| 1950 | $580,289,672.54 | 1.01% |
| 1951 | $625,955,079.76 | 7.87% |
| 1952 | $639,515,113.35 | 2.17% |
| 1953 | $645,098,656.59 | 0.87% |
| 1954 | $654,670,445.00 | 1.48% |
| 1955 | $659,057,514.69 | 0.67% |
| 1956 | $668,230,478.59 | 1.39% |
| 1957 | $689,966,414.78 | 3.25% |
| 1958 | $710,904,701.93 | 3.03% |
| 1959 | $716,687,657.43 | 0.81% |
| 1960 | $726,658,270.36 | 1.39% |
| 1961 | $730,247,691.02 | 0.49% |
| 1962 | $737,825,356.84 | 1.04% |
| 1963 | $745,203,610.41 | 1.00% |
| 1964 | $748,194,794.29 | 0.40% |
| 1965 | $758,165,407.22 | 1.33% |
| 1966 | $780,898,404.70 | 3.00% |
| 1967 | $801,238,455.08 | 2.60% |
| 1968 | $835,138,539.04 | 4.23% |
| 1969 | $880,803,946.26 | 5.47% |
| 1970 | $931,255,247.69 | 5.73% |
| 1971 | $967,947,103.27 | 3.94% |
| 1972 | $995,465,994.96 | 2.84% |
| 1973 | $1,057,882,031.91 | 6.27% |
| 1974 | $1,169,752,308.98 | 10.57% |
| 1975 | $1,262,080,184.72 | 7.89% |
| 1976 | $1,322,502,099.08 | 4.79% |
| 1977 | $1,405,657,010.92 | 6.29% |
| 1978 | $1,527,896,725.44 | 8.70% |
| 1979 | $1,718,534,844.67 | 12.48% |
| 1980 | $1,966,404,282.12 | 14.42% |
| 1981 | $2,154,649,454.24 | 9.57% |
| 1982 | $2,301,616,288.83 | 6.82% |
| 1983 | $2,393,345,927.79 | 3.99% |
| 1984 | $2,483,679,680.94 | 3.77% |
| 1985 | $2,577,403,442.49 | 3.77% |
| 1986 | $2,631,244,752.31 | 2.09% |
| 1987 | $2,739,725,020.99 | 4.12% |
| 1988 | $2,846,809,403.86 | 3.91% |
| 1989 | $2,990,785,054.58 | 5.06% |
| 1990 | $3,151,511,335.01 | 5.37% |
| 1991 | $3,279,334,592.78 | 4.06% |
| 1992 | $3,375,451,301.43 | 2.93% |
| 1993 | $3,479,544,500.42 | 3.08% |
| 1994 | $3,555,719,983.21 | 2.19% |
| 1995 | $3,668,786,733.84 | 3.18% |
| 1996 | $3,766,897,565.07 | 2.67% |
| 1997 | $3,869,993,702.77 | 2.74% |
| 1998 | $3,947,963,895.89 | 2.01% |
| 1999 | $4,029,722,921.91 | 2.07% |
| 2000 | $4,159,141,477.75 | 3.21% |
| 2001 | $4,267,422,334.17 | 2.60% |
| 2002 | $4,335,421,914.36 | 1.59% |
| 2003 | $4,415,186,817.80 | 1.84% |
| 2004 | $4,513,895,885.81 | 2.24% |
| 2005 | $4,650,493,282.96 | 3.03% |
| 2006 | $4,745,812,342.57 | 2.05% |
| 2007 | $4,901,176,427.37 | 3.27% |
| 2008 | $5,085,864,084.80 | 3.77% |
| 2009 | $5,025,071,263.64 | -1.20% |
| 2010 | $5,093,876,469.35 | 1.37% |
| 2011 | $5,232,996,431.57 | 2.73% |
| 2012 | $5,312,456,234.26 | 1.52% |
| 2013 | $5,373,247,061.29 | 1.14% |
| 2014 | $5,467,112,405.54 | 1.75% |
| 2015 | $5,450,950,041.98 | -0.30% |
| 2016 | $5,487,069,584.38 | 0.66% |
| 2017 | $5,590,195,633.92 | 1.88% |
| 2018 | $5,688,184,823.68 | 1.75% |
| 2019 | $5,771,325,776.66 | 1.46% |
| 2020 | $5,835,745,906.80 | 1.12% |
| 2021 | $6,081,892,422.33 | 4.22% |
| 2022 | $6,541,266,477.75 | 7.55% |
| 2023 | $6,758,867,128.46 | 3.33% |
| 2024 | $6,992,789,672.54 | 3.46% |
| 2025 | $7,197,036,681.36 | 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 |