According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,415.17% higher in 2025 versus 1920 (a $919,857,651.13 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, $65,000,000 in Chicago in the year 1920 would cost $984,857,651.13 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 $65,000,000 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 | $65,000,000.00 | 19.10% |
| 1921 | $59,515,113.35 | -8.44% |
| 1922 | $56,213,266.16 | -5.55% |
| 1923 | $56,895,465.99 | 1.21% |
| 1924 | $58,014,273.72 | 1.97% |
| 1925 | $59,296,809.40 | 2.21% |
| 1926 | $60,333,753.15 | 1.75% |
| 1927 | $59,787,993.28 | -0.90% |
| 1928 | $57,932,409.74 | -3.10% |
| 1929 | $57,795,969.77 | -0.24% |
| 1930 | $57,168,345.93 | -1.09% |
| 1931 | $52,256,507.14 | -8.59% |
| 1932 | $46,116,708.65 | -11.75% |
| 1933 | $41,368,597.82 | -10.30% |
| 1934 | $41,641,477.75 | 0.66% |
| 1935 | $43,442,485.31 | 4.33% |
| 1936 | $44,315,701.09 | 2.01% |
| 1937 | $46,143,996.64 | 4.13% |
| 1938 | $45,816,540.72 | -0.71% |
| 1939 | $44,916,036.94 | -1.97% |
| 1940 | $45,161,628.88 | 0.55% |
| 1941 | $47,535,684.30 | 5.26% |
| 1942 | $52,256,507.14 | 9.93% |
| 1943 | $55,176,322.42 | 5.59% |
| 1944 | $56,022,250.21 | 1.53% |
| 1945 | $57,222,921.91 | 2.14% |
| 1946 | $62,325,776.66 | 8.92% |
| 1947 | $72,395,046.18 | 16.16% |
| 1948 | $78,698,572.63 | 8.71% |
| 1949 | $78,616,708.65 | -0.10% |
| 1950 | $79,408,060.45 | 1.01% |
| 1951 | $85,657,010.92 | 7.87% |
| 1952 | $87,512,594.46 | 2.17% |
| 1953 | $88,276,658.27 | 0.87% |
| 1954 | $89,586,481.95 | 1.48% |
| 1955 | $90,186,817.80 | 0.67% |
| 1956 | $91,442,065.49 | 1.39% |
| 1957 | $94,416,456.76 | 3.25% |
| 1958 | $97,281,696.05 | 3.03% |
| 1959 | $98,073,047.86 | 0.81% |
| 1960 | $99,437,447.52 | 1.39% |
| 1961 | $99,928,631.40 | 0.49% |
| 1962 | $100,965,575.15 | 1.04% |
| 1963 | $101,975,230.90 | 1.00% |
| 1964 | $102,384,550.80 | 0.40% |
| 1965 | $103,748,950.46 | 1.33% |
| 1966 | $106,859,781.70 | 3.00% |
| 1967 | $109,643,157.01 | 2.60% |
| 1968 | $114,282,115.87 | 4.23% |
| 1969 | $120,531,066.33 | 5.47% |
| 1970 | $127,434,928.63 | 5.73% |
| 1971 | $132,455,919.40 | 3.94% |
| 1972 | $136,221,662.47 | 2.84% |
| 1973 | $144,762,804.37 | 6.27% |
| 1974 | $160,071,368.60 | 10.57% |
| 1975 | $172,705,709.49 | 7.89% |
| 1976 | $180,973,971.45 | 4.79% |
| 1977 | $192,353,064.65 | 6.29% |
| 1978 | $209,080,604.53 | 8.70% |
| 1979 | $235,167,926.11 | 12.48% |
| 1980 | $269,086,901.76 | 14.42% |
| 1981 | $294,846,767.42 | 9.57% |
| 1982 | $314,958,018.47 | 6.82% |
| 1983 | $327,510,495.38 | 3.99% |
| 1984 | $339,871,956.34 | 3.77% |
| 1985 | $352,697,313.18 | 3.77% |
| 1986 | $360,065,071.37 | 2.09% |
| 1987 | $374,909,739.71 | 4.12% |
| 1988 | $389,563,392.11 | 3.91% |
| 1989 | $409,265,323.26 | 5.06% |
| 1990 | $431,259,445.84 | 5.37% |
| 1991 | $448,751,049.54 | 4.06% |
| 1992 | $461,903,862.30 | 2.93% |
| 1993 | $476,148,194.79 | 3.08% |
| 1994 | $486,572,208.23 | 2.19% |
| 1995 | $502,044,500.42 | 3.18% |
| 1996 | $515,470,193.12 | 2.67% |
| 1997 | $529,578,085.64 | 2.74% |
| 1998 | $540,247,691.02 | 2.01% |
| 1999 | $551,435,768.26 | 2.07% |
| 2000 | $569,145,675.90 | 3.21% |
| 2001 | $583,963,056.26 | 2.60% |
| 2002 | $593,268,261.96 | 1.59% |
| 2003 | $604,183,459.28 | 1.84% |
| 2004 | $617,691,015.95 | 2.24% |
| 2005 | $636,383,291.35 | 3.03% |
| 2006 | $649,426,952.14 | 2.05% |
| 2007 | $670,687,300.59 | 3.27% |
| 2008 | $695,960,348.45 | 3.77% |
| 2009 | $687,641,330.81 | -1.20% |
| 2010 | $697,056,780.02 | 1.37% |
| 2011 | $716,094,248.53 | 2.73% |
| 2012 | $726,967,695.21 | 1.52% |
| 2013 | $735,286,439.97 | 1.14% |
| 2014 | $748,131,171.28 | 1.75% |
| 2015 | $745,919,479.43 | -0.30% |
| 2016 | $750,862,153.65 | 0.66% |
| 2017 | $764,974,139.38 | 1.88% |
| 2018 | $778,383,186.40 | 1.75% |
| 2019 | $789,760,369.44 | 1.46% |
| 2020 | $798,575,755.67 | 1.12% |
| 2021 | $832,258,963.06 | 4.22% |
| 2022 | $895,120,675.90 | 7.55% |
| 2023 | $924,897,607.05 | 3.33% |
| 2024 | $956,908,060.45 | 3.46% |
| 2025 | $984,857,651.13 | 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 |