According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,428.24% higher in 2026 versus 1920 (a $914,076,372,795.97 difference in value).
Between 1920 and 2026:Chicago experienced an average inflation rate of 2.61% per year. This rate of change indicates significant inflation. In other words, $64,000,000,000 in Chicago in the year 1920 would cost $978,076,372,795.97 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 2.67% 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 1920-2026 time period. Compared to inflation for all items in 1920 (15.63%), inflation in Chicago was much higher.
Below are calculations of equivalent buying power in Chicago, over time, for $64,000,000,000 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 | $64,000,000,000.00 | 19.10% |
| 1921 | $58,599,496,221.66 | -8.44% |
| 1922 | $55,348,446,683.46 | -5.55% |
| 1923 | $56,020,151,133.50 | 1.21% |
| 1924 | $57,121,746,431.57 | 1.97% |
| 1925 | $58,384,550,797.65 | 2.21% |
| 1926 | $59,405,541,561.71 | 1.75% |
| 1927 | $58,868,178,001.68 | -0.90% |
| 1928 | $57,041,141,897.57 | -3.10% |
| 1929 | $56,906,801,007.56 | -0.24% |
| 1930 | $56,288,832,913.52 | -1.09% |
| 1931 | $51,452,560,873.22 | -8.59% |
| 1932 | $45,407,220,822.84 | -11.75% |
| 1933 | $40,732,157,850.55 | -10.30% |
| 1934 | $41,000,839,630.56 | 0.66% |
| 1935 | $42,774,139,378.67 | 4.33% |
| 1936 | $43,633,921,074.73 | 2.01% |
| 1937 | $45,434,089,000.84 | 4.13% |
| 1938 | $45,111,670,864.82 | -0.71% |
| 1939 | $44,225,020,990.76 | -1.97% |
| 1940 | $44,466,834,592.78 | 0.55% |
| 1941 | $46,804,366,078.93 | 5.26% |
| 1942 | $51,452,560,873.22 | 9.93% |
| 1943 | $54,327,455,919.40 | 5.59% |
| 1944 | $55,160,369,437.45 | 1.53% |
| 1945 | $56,342,569,269.52 | 2.14% |
| 1946 | $61,366,918,555.84 | 8.92% |
| 1947 | $71,281,276,238.46 | 16.16% |
| 1948 | $77,487,825,356.84 | 8.71% |
| 1949 | $77,407,220,822.84 | -0.10% |
| 1950 | $78,186,397,984.89 | 1.01% |
| 1951 | $84,339,210,747.27 | 7.87% |
| 1952 | $86,166,246,851.39 | 2.17% |
| 1953 | $86,918,555,835.43 | 0.87% |
| 1954 | $88,208,228,379.51 | 1.48% |
| 1955 | $88,799,328,295.55 | 0.67% |
| 1956 | $90,035,264,483.63 | 1.39% |
| 1957 | $92,963,895,885.81 | 3.25% |
| 1958 | $95,785,054,575.99 | 3.03% |
| 1959 | $96,564,231,738.04 | 0.81% |
| 1960 | $97,907,640,638.12 | 1.39% |
| 1961 | $98,391,267,842.15 | 0.49% |
| 1962 | $99,412,258,606.21 | 1.04% |
| 1963 | $100,406,381,192.28 | 1.00% |
| 1964 | $100,809,403,862.30 | 0.40% |
| 1965 | $102,152,812,762.38 | 1.33% |
| 1966 | $105,215,785,054.58 | 3.00% |
| 1967 | $107,956,339,210.75 | 2.60% |
| 1968 | $112,523,929,471.03 | 4.23% |
| 1969 | $118,676,742,233.42 | 5.47% |
| 1970 | $125,474,391,267.84 | 5.73% |
| 1971 | $130,418,136,020.15 | 3.94% |
| 1972 | $134,125,944,584.38 | 2.84% |
| 1973 | $142,535,684,298.91 | 6.27% |
| 1974 | $157,608,732,157.85 | 10.57% |
| 1975 | $170,048,698,572.63 | 7.89% |
| 1976 | $178,189,756,507.14 | 4.79% |
| 1977 | $189,393,786,733.84 | 6.29% |
| 1978 | $205,863,979,848.87 | 8.70% |
| 1979 | $231,549,958,018.47 | 12.48% |
| 1980 | $264,947,103,274.56 | 14.42% |
| 1981 | $290,310,663,308.14 | 9.57% |
| 1982 | $310,112,510,495.38 | 6.82% |
| 1983 | $322,471,872,376.15 | 3.99% |
| 1984 | $334,643,157,010.92 | 3.77% |
| 1985 | $347,271,200,671.70 | 3.77% |
| 1986 | $354,525,608,732.16 | 2.09% |
| 1987 | $369,141,897,565.07 | 4.12% |
| 1988 | $383,570,109,151.97 | 3.91% |
| 1989 | $402,968,933,669.19 | 5.06% |
| 1990 | $424,624,685,138.54 | 5.37% |
| 1991 | $441,847,187,237.62 | 4.06% |
| 1992 | $454,797,649,034.42 | 2.93% |
| 1993 | $468,822,837,951.30 | 3.08% |
| 1994 | $479,086,481,947.94 | 2.19% |
| 1995 | $494,320,738,874.90 | 3.18% |
| 1996 | $507,539,882,451.72 | 2.67% |
| 1997 | $521,430,730,478.59 | 2.74% |
| 1998 | $531,936,188,077.25 | 2.01% |
| 1999 | $542,952,141,057.93 | 2.07% |
| 2000 | $560,389,588,581.02 | 3.21% |
| 2001 | $574,979,009,235.94 | 2.60% |
| 2002 | $584,141,057,934.51 | 1.59% |
| 2003 | $594,888,329,135.18 | 1.84% |
| 2004 | $608,188,077,246.01 | 2.24% |
| 2005 | $626,592,779,177.16 | 3.03% |
| 2006 | $639,435,768,261.96 | 2.05% |
| 2007 | $660,369,034,424.85 | 3.27% |
| 2008 | $685,253,266,162.89 | 3.77% |
| 2009 | $677,062,233,417.30 | -1.20% |
| 2010 | $686,332,829,555.00 | 1.37% |
| 2011 | $705,077,413,937.87 | 2.73% |
| 2012 | $715,783,576,826.20 | 1.52% |
| 2013 | $723,974,340,890.01 | 1.14% |
| 2014 | $736,621,460,957.18 | 1.75% |
| 2015 | $734,443,795,130.14 | -0.30% |
| 2016 | $739,310,428,211.59 | 0.66% |
| 2017 | $753,205,306,465.16 | 1.88% |
| 2018 | $766,408,060,453.40 | 1.75% |
| 2019 | $777,610,209,907.64 | 1.46% |
| 2020 | $786,289,974,811.08 | 1.12% |
| 2021 | $819,454,979,009.24 | 4.22% |
| 2022 | $881,349,588,581.02 | 7.55% |
| 2023 | $910,668,413,098.24 | 3.33% |
| 2024 | $942,186,397,984.89 | 3.46% |
| 2025 | $972,097,397,145.26 | 3.17% |
| 2026 | $978,076,372,795.97 | 0.62%* |
* 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 | 2026 |
| 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 | 301.502 | 303.356 |