According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,415.17% higher in 2025 versus 1920 (a $11,082,345,622.08 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, $783,112,979 in Chicago in the year 1920 would cost $11,865,458,601.08 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 $783,112,979 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 | $783,112,979.00 | 19.10% |
| 1921 | $717,031,657.09 | -8.44% |
| 1922 | $677,251,358.83 | -5.55% |
| 1923 | $685,470,428.72 | 1.21% |
| 1924 | $698,949,703.34 | 1.97% |
| 1925 | $714,401,554.73 | 2.21% |
| 1926 | $726,894,540.96 | 1.75% |
| 1927 | $720,319,285.05 | -0.90% |
| 1928 | $697,963,414.95 | -3.10% |
| 1929 | $696,319,600.97 | -0.24% |
| 1930 | $688,758,056.68 | -1.09% |
| 1931 | $629,580,753.48 | -8.59% |
| 1932 | $555,609,124.48 | -11.75% |
| 1933 | $498,404,398.05 | -10.30% |
| 1934 | $501,692,026.01 | 0.66% |
| 1935 | $523,390,370.52 | 4.33% |
| 1936 | $533,910,779.97 | 2.01% |
| 1937 | $555,937,887.27 | 4.13% |
| 1938 | $551,992,733.73 | -0.71% |
| 1939 | $541,143,561.48 | -1.97% |
| 1940 | $544,102,426.64 | 0.55% |
| 1941 | $572,704,789.85 | 5.26% |
| 1942 | $629,580,753.48 | 9.93% |
| 1943 | $664,758,372.60 | 5.59% |
| 1944 | $674,950,019.26 | 1.53% |
| 1945 | $689,415,582.27 | 2.14% |
| 1946 | $750,894,225.04 | 8.92% |
| 1947 | $872,207,696.59 | 16.16% |
| 1948 | $948,151,902.37 | 8.71% |
| 1949 | $947,165,613.98 | -0.10% |
| 1950 | $956,699,735.05 | 1.01% |
| 1951 | $1,031,986,415.23 | 7.87% |
| 1952 | $1,054,342,285.33 | 2.17% |
| 1953 | $1,063,547,643.60 | 0.87% |
| 1954 | $1,079,328,257.79 | 1.48% |
| 1955 | $1,086,561,039.29 | 0.67% |
| 1956 | $1,101,684,127.89 | 1.39% |
| 1957 | $1,137,519,272.60 | 3.25% |
| 1958 | $1,172,039,366.14 | 3.03% |
| 1959 | $1,181,573,487.21 | 0.81% |
| 1960 | $1,198,011,626.98 | 1.39% |
| 1961 | $1,203,929,357.30 | 0.49% |
| 1962 | $1,216,422,343.53 | 1.04% |
| 1963 | $1,228,586,566.97 | 1.00% |
| 1964 | $1,233,518,008.90 | 0.40% |
| 1965 | $1,249,956,148.68 | 1.33% |
| 1966 | $1,287,435,107.37 | 3.00% |
| 1967 | $1,320,968,912.52 | 2.60% |
| 1968 | $1,376,858,587.76 | 4.23% |
| 1969 | $1,452,145,267.94 | 5.47% |
| 1970 | $1,535,322,255.22 | 5.73% |
| 1971 | $1,595,814,609.60 | 3.94% |
| 1972 | $1,641,183,875.39 | 2.84% |
| 1973 | $1,744,086,630.39 | 6.27% |
| 1974 | $1,928,522,558.70 | 10.57% |
| 1975 | $2,080,739,733.04 | 7.89% |
| 1976 | $2,180,354,860.09 | 4.79% |
| 1977 | $2,317,448,945.83 | 6.29% |
| 1978 | $2,518,980,539.50 | 8.70% |
| 1979 | $2,833,277,772.05 | 12.48% |
| 1980 | $3,241,929,926.92 | 14.42% |
| 1981 | $3,552,282,005.92 | 9.57% |
| 1982 | $3,794,580,186.24 | 6.82% |
| 1983 | $3,945,811,072.19 | 3.99% |
| 1984 | $4,094,740,618.57 | 3.77% |
| 1985 | $4,249,259,132.48 | 3.77% |
| 1986 | $4,338,025,087.28 | 2.09% |
| 1987 | $4,516,872,048.06 | 4.12% |
| 1988 | $4,693,417,669.27 | 3.91% |
| 1989 | $4,930,784,407.66 | 5.06% |
| 1990 | $5,195,767,220.87 | 5.37% |
| 1991 | $5,406,504,172.82 | 4.06% |
| 1992 | $5,564,967,840.27 | 2.93% |
| 1993 | $5,736,582,019.55 | 3.08% |
| 1994 | $5,862,169,407.45 | 2.19% |
| 1995 | $6,048,577,912.53 | 3.18% |
| 1996 | $6,210,329,207.94 | 2.67% |
| 1997 | $6,380,299,573.24 | 2.74% |
| 1998 | $6,508,845,826.30 | 2.01% |
| 1999 | $6,643,638,572.47 | 2.07% |
| 2000 | $6,857,005,626.79 | 3.21% |
| 2001 | $7,035,523,824.77 | 2.60% |
| 2002 | $7,147,631,938.05 | 1.59% |
| 2003 | $7,279,137,056.27 | 1.84% |
| 2004 | $7,441,874,640.07 | 2.24% |
| 2005 | $7,667,077,155.02 | 3.03% |
| 2006 | $7,824,225,771.29 | 2.05% |
| 2007 | $8,080,368,152.93 | 3.27% |
| 2008 | $8,384,855,103.66 | 3.77% |
| 2009 | $8,284,628,477.81 | -1.20% |
| 2010 | $8,398,064,792.79 | 1.37% |
| 2011 | $8,627,426,157.10 | 2.73% |
| 2012 | $8,758,428,268.24 | 1.52% |
| 2013 | $8,858,651,606.47 | 1.14% |
| 2014 | $9,013,403,541.96 | 1.75% |
| 2015 | $8,986,757,317.38 | -0.30% |
| 2016 | $9,046,306,122.54 | 0.66% |
| 2017 | $9,216,325,802.26 | 1.88% |
| 2018 | $9,377,876,552.36 | 1.75% |
| 2019 | $9,514,947,624.71 | 1.46% |
| 2020 | $9,621,154,445.81 | 1.12% |
| 2021 | $10,026,966,090.13 | 4.22% |
| 2022 | $10,784,317,216.47 | 7.55% |
| 2023 | $11,143,066,466.60 | 3.33% |
| 2024 | $11,528,724,951.55 | 3.46% |
| 2025 | $11,865,458,601.08 | 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 |