According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,415.17% higher in 2025 versus 1920 (a $108,616,791.45 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, $7,675,200 in Chicago in the year 1920 would cost $116,291,991.45 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 $7,675,200 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 | $7,675,200.00 | 19.10% |
| 1921 | $7,027,544.58 | -8.44% |
| 1922 | $6,637,662.47 | -5.55% |
| 1923 | $6,718,216.62 | 1.21% |
| 1924 | $6,850,325.44 | 1.97% |
| 1925 | $7,001,767.25 | 2.21% |
| 1926 | $7,124,209.57 | 1.75% |
| 1927 | $7,059,766.25 | -0.90% |
| 1928 | $6,840,658.94 | -3.10% |
| 1929 | $6,824,548.11 | -0.24% |
| 1930 | $6,750,438.29 | -1.09% |
| 1931 | $6,170,448.36 | -8.59% |
| 1932 | $5,445,460.96 | -11.75% |
| 1933 | $4,884,804.03 | -10.30% |
| 1934 | $4,917,025.69 | 0.66% |
| 1935 | $5,129,688.66 | 4.33% |
| 1936 | $5,232,797.98 | 2.01% |
| 1937 | $5,448,683.12 | 4.13% |
| 1938 | $5,410,017.13 | -0.71% |
| 1939 | $5,303,685.64 | -1.97% |
| 1940 | $5,332,685.14 | 0.55% |
| 1941 | $5,613,013.60 | 5.26% |
| 1942 | $6,170,448.36 | 9.93% |
| 1943 | $6,515,220.15 | 5.59% |
| 1944 | $6,615,107.30 | 1.53% |
| 1945 | $6,756,882.62 | 2.14% |
| 1946 | $7,359,427.71 | 8.92% |
| 1947 | $8,548,407.05 | 16.16% |
| 1948 | $9,292,727.46 | 8.71% |
| 1949 | $9,283,060.96 | -0.10% |
| 1950 | $9,376,503.78 | 1.01% |
| 1951 | $10,114,379.85 | 7.87% |
| 1952 | $10,333,487.15 | 2.17% |
| 1953 | $10,423,707.81 | 0.87% |
| 1954 | $10,578,371.79 | 1.48% |
| 1955 | $10,649,259.45 | 0.67% |
| 1956 | $10,797,479.09 | 1.39% |
| 1957 | $11,148,695.21 | 3.25% |
| 1958 | $11,487,022.67 | 3.03% |
| 1959 | $11,580,465.49 | 0.81% |
| 1960 | $11,741,573.80 | 1.39% |
| 1961 | $11,799,572.80 | 0.49% |
| 1962 | $11,922,015.11 | 1.04% |
| 1963 | $12,041,235.26 | 1.00% |
| 1964 | $12,089,567.76 | 0.40% |
| 1965 | $12,250,676.07 | 1.33% |
| 1966 | $12,618,003.02 | 3.00% |
| 1967 | $12,946,663.98 | 2.60% |
| 1968 | $13,494,432.24 | 4.23% |
| 1969 | $14,232,308.31 | 5.47% |
| 1970 | $15,047,516.37 | 5.73% |
| 1971 | $15,640,394.96 | 3.94% |
| 1972 | $16,085,053.90 | 2.84% |
| 1973 | $17,093,591.94 | 6.27% |
| 1974 | $18,901,227.20 | 10.57% |
| 1975 | $20,393,090.18 | 7.89% |
| 1976 | $21,369,406.55 | 4.79% |
| 1977 | $22,713,049.87 | 6.29% |
| 1978 | $24,688,237.78 | 8.70% |
| 1979 | $27,768,628.72 | 12.48% |
| 1980 | $31,773,781.36 | 14.42% |
| 1981 | $34,815,506.30 | 9.57% |
| 1982 | $37,190,242.82 | 6.82% |
| 1983 | $38,672,439.29 | 3.99% |
| 1984 | $40,132,080.60 | 3.77% |
| 1985 | $41,646,498.74 | 3.77% |
| 1986 | $42,516,483.63 | 2.09% |
| 1987 | $44,269,342.07 | 4.12% |
| 1988 | $45,999,645.34 | 3.91% |
| 1989 | $48,326,049.37 | 5.06% |
| 1990 | $50,923,115.37 | 5.37% |
| 1991 | $52,988,523.93 | 4.06% |
| 1992 | $54,541,608.06 | 2.93% |
| 1993 | $56,223,578.84 | 3.08% |
| 1994 | $57,454,446.35 | 2.19% |
| 1995 | $59,281,414.61 | 3.18% |
| 1996 | $60,866,720.40 | 2.67% |
| 1997 | $62,532,580.35 | 2.74% |
| 1998 | $63,792,447.36 | 2.01% |
| 1999 | $65,113,535.52 | 2.07% |
| 2000 | $67,204,721.41 | 3.21% |
| 2001 | $68,954,357.68 | 2.60% |
| 2002 | $70,053,116.37 | 1.59% |
| 2003 | $71,341,982.87 | 1.84% |
| 2004 | $72,936,955.16 | 2.24% |
| 2005 | $75,144,139.04 | 3.03% |
| 2006 | $76,684,334.51 | 2.05% |
| 2007 | $79,194,756.45 | 3.27% |
| 2008 | $82,178,997.94 | 3.77% |
| 2009 | $81,196,688.34 | -1.20% |
| 2010 | $82,308,464.58 | 1.37% |
| 2011 | $84,556,408.87 | 2.73% |
| 2012 | $85,840,345.45 | 1.52% |
| 2013 | $86,822,622.83 | 1.14% |
| 2014 | $88,339,328.71 | 1.75% |
| 2015 | $88,078,172.13 | -0.30% |
| 2016 | $88,661,803.10 | 0.66% |
| 2017 | $90,328,146.38 | 1.88% |
| 2018 | $91,911,486.65 | 1.75% |
| 2019 | $93,254,904.42 | 1.46% |
| 2020 | $94,295,825.23 | 1.12% |
| 2021 | $98,273,138.36 | 4.22% |
| 2022 | $105,695,849.41 | 7.55% |
| 2023 | $109,211,909.44 | 3.33% |
| 2024 | $112,991,703.78 | 3.46% |
| 2025 | $116,291,991.45 | 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 |