According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,415.17% higher in 2025 versus 1920 (a $815,694,698.64 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, $57,639,522.10 in Chicago in the year 1920 would cost $873,334,220.74 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 $57,639,522.10 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 | $57,639,522.10 | 19.10% |
| 1921 | $52,775,733.71 | -8.44% |
| 1922 | $49,847,781.50 | -5.55% |
| 1923 | $50,452,730.30 | 1.21% |
| 1924 | $51,444,846.34 | 1.97% |
| 1925 | $52,582,150.09 | 2.21% |
| 1926 | $53,501,672.28 | 1.75% |
| 1927 | $53,017,713.23 | -0.90% |
| 1928 | $51,372,252.48 | -3.10% |
| 1929 | $51,251,262.72 | -0.24% |
| 1930 | $50,694,709.82 | -1.09% |
| 1931 | $46,339,078.43 | -8.59% |
| 1932 | $40,894,539.19 | -11.75% |
| 1933 | $36,684,095.51 | -10.30% |
| 1934 | $36,926,075.03 | 0.66% |
| 1935 | $38,523,139.88 | 4.33% |
| 1936 | $39,297,474.35 | 2.01% |
| 1937 | $40,918,737.14 | 4.13% |
| 1938 | $40,628,361.72 | -0.71% |
| 1939 | $39,829,829.29 | -1.97% |
| 1940 | $40,047,610.86 | 0.55% |
| 1941 | $42,152,832.70 | 5.26% |
| 1942 | $46,339,078.43 | 9.93% |
| 1943 | $48,928,259.31 | 5.59% |
| 1944 | $49,678,395.83 | 1.53% |
| 1945 | $50,743,105.73 | 2.14% |
| 1946 | $55,268,122.79 | 8.92% |
| 1947 | $64,197,167.14 | 16.16% |
| 1948 | $69,786,894.10 | 8.71% |
| 1949 | $69,714,300.24 | -0.10% |
| 1950 | $70,416,040.85 | 1.01% |
| 1951 | $75,957,371.90 | 7.87% |
| 1952 | $77,602,832.65 | 2.17% |
| 1953 | $78,280,375.31 | 0.87% |
| 1954 | $79,441,877.02 | 1.48% |
| 1955 | $79,974,231.96 | 0.67% |
| 1956 | $81,087,337.77 | 1.39% |
| 1957 | $83,724,914.55 | 3.25% |
| 1958 | $86,265,699.53 | 3.03% |
| 1959 | $86,967,440.15 | 0.81% |
| 1960 | $88,177,337.75 | 1.39% |
| 1961 | $88,612,900.89 | 0.49% |
| 1962 | $89,532,423.08 | 1.04% |
| 1963 | $90,427,747.31 | 1.00% |
| 1964 | $90,790,716.59 | 0.40% |
| 1965 | $92,000,614.20 | 1.33% |
| 1966 | $94,759,180.75 | 3.00% |
| 1967 | $97,227,371.87 | 2.60% |
| 1968 | $101,341,023.74 | 4.23% |
| 1969 | $106,882,354.79 | 5.47% |
| 1970 | $113,004,436.69 | 5.73% |
| 1971 | $117,456,859.90 | 3.94% |
| 1972 | $120,796,177.30 | 2.84% |
| 1973 | $128,370,136.33 | 6.27% |
| 1974 | $141,945,187.51 | 10.57% |
| 1975 | $153,148,839.37 | 7.89% |
| 1976 | $160,480,818.88 | 4.79% |
| 1977 | $170,571,364.94 | 6.29% |
| 1978 | $185,404,709.63 | 8.70% |
| 1979 | $208,537,951.91 | 12.48% |
| 1980 | $238,616,006.48 | 14.42% |
| 1981 | $261,458,873.34 | 9.57% |
| 1982 | $279,292,764.10 | 6.82% |
| 1983 | $290,423,822.10 | 3.99% |
| 1984 | $301,385,494.44 | 3.77% |
| 1985 | $312,758,531.97 | 3.77% |
| 1986 | $319,291,979.06 | 2.09% |
| 1987 | $332,455,665.04 | 4.12% |
| 1988 | $345,449,965.37 | 3.91% |
| 1989 | $362,920,886.84 | 5.06% |
| 1990 | $382,424,436.30 | 5.37% |
| 1991 | $397,935,323.65 | 4.06% |
| 1992 | $409,598,736.60 | 2.93% |
| 1993 | $422,230,067.64 | 3.08% |
| 1994 | $431,473,685.38 | 2.19% |
| 1995 | $445,193,924.26 | 3.18% |
| 1996 | $457,099,316.74 | 2.67% |
| 1997 | $469,609,658.02 | 2.74% |
| 1998 | $479,071,057.32 | 2.01% |
| 1999 | $488,992,217.71 | 2.07% |
| 2000 | $504,696,688.68 | 3.21% |
| 2001 | $517,836,176.72 | 2.60% |
| 2002 | $526,087,678.41 | 1.59% |
| 2003 | $535,766,859.28 | 1.84% |
| 2004 | $547,744,845.62 | 2.24% |
| 2005 | $564,320,442.86 | 3.03% |
| 2006 | $575,887,064.00 | 2.05% |
| 2007 | $594,739,930.53 | 3.27% |
| 2008 | $617,151,105.92 | 3.77% |
| 2009 | $609,774,118.22 | -1.20% |
| 2010 | $618,123,379.64 | 1.37% |
| 2011 | $635,005,080.98 | 2.73% |
| 2012 | $644,647,238.99 | 1.52% |
| 2013 | $652,023,984.71 | 1.14% |
| 2014 | $663,414,202.78 | 1.75% |
| 2015 | $661,452,958.76 | -0.30% |
| 2016 | $665,835,933.84 | 0.66% |
| 2017 | $678,349,904.81 | 1.88% |
| 2018 | $690,240,536.53 | 1.75% |
| 2019 | $700,329,388.74 | 1.46% |
| 2020 | $708,146,537.19 | 1.12% |
| 2021 | $738,015,521.45 | 4.22% |
| 2022 | $793,758,892.01 | 7.55% |
| 2023 | $820,163,939.41 | 3.33% |
| 2024 | $848,549,589.20 | 3.46% |
| 2025 | $873,334,220.74 | 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 |