According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,415.17% higher in 2025 versus 1920 (a $11,741,629,125.31 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, $829,700,000 in Chicago in the year 1920 would cost $12,571,329,125.31 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 $829,700,000 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 | $829,700,000.00 | 19.10% |
| 1921 | $759,687,531.49 | -8.44% |
| 1922 | $717,540,722.08 | -5.55% |
| 1923 | $726,248,740.55 | 1.21% |
| 1924 | $740,529,890.85 | 1.97% |
| 1925 | $756,900,965.58 | 2.21% |
| 1926 | $770,137,153.65 | 1.75% |
| 1927 | $763,170,738.87 | -0.90% |
| 1928 | $739,484,928.63 | -3.10% |
| 1929 | $737,743,324.94 | -0.24% |
| 1930 | $729,731,947.94 | -1.09% |
| 1931 | $667,034,214.95 | -8.59% |
| 1932 | $588,662,048.70 | -11.75% |
| 1933 | $528,054,240.13 | -10.30% |
| 1934 | $531,537,447.52 | 0.66% |
| 1935 | $554,526,616.29 | 4.33% |
| 1936 | $565,672,879.93 | 2.01% |
| 1937 | $589,010,369.44 | 4.13% |
| 1938 | $584,830,520.57 | -0.71% |
| 1939 | $573,335,936.19 | -1.97% |
| 1940 | $576,470,822.84 | 0.55% |
| 1941 | $606,774,727.12 | 5.26% |
| 1942 | $667,034,214.95 | 9.93% |
| 1943 | $704,304,534.01 | 5.59% |
| 1944 | $715,102,476.91 | 1.53% |
| 1945 | $730,428,589.42 | 2.14% |
| 1946 | $795,564,567.59 | 8.92% |
| 1947 | $924,094,920.24 | 16.16% |
| 1948 | $1,004,557,010.92 | 8.71% |
| 1949 | $1,003,512,048.70 | -0.10% |
| 1950 | $1,013,613,350.13 | 1.01% |
| 1951 | $1,093,378,799.33 | 7.87% |
| 1952 | $1,117,064,609.57 | 2.17% |
| 1953 | $1,126,817,590.26 | 0.87% |
| 1954 | $1,143,536,985.73 | 1.48% |
| 1955 | $1,151,200,041.98 | 0.67% |
| 1956 | $1,167,222,795.97 | 1.39% |
| 1957 | $1,205,189,756.51 | 3.25% |
| 1958 | $1,241,763,434.09 | 3.03% |
| 1959 | $1,251,864,735.52 | 0.81% |
| 1960 | $1,269,280,772.46 | 1.39% |
| 1961 | $1,275,550,545.76 | 0.49% |
| 1962 | $1,288,786,733.84 | 1.04% |
| 1963 | $1,301,674,601.18 | 1.00% |
| 1964 | $1,306,899,412.26 | 0.40% |
| 1965 | $1,324,315,449.20 | 1.33% |
| 1966 | $1,364,024,013.43 | 3.00% |
| 1967 | $1,399,552,728.80 | 2.60% |
| 1968 | $1,458,767,254.41 | 4.23% |
| 1969 | $1,538,532,703.61 | 5.47% |
| 1970 | $1,626,657,850.55 | 5.73% |
| 1971 | $1,690,748,866.50 | 3.94% |
| 1972 | $1,738,817,128.46 | 2.84% |
| 1973 | $1,847,841,519.73 | 6.27% |
| 1974 | $2,043,249,454.24 | 10.57% |
| 1975 | $2,204,521,956.34 | 7.89% |
| 1976 | $2,310,063,140.22 | 4.79% |
| 1977 | $2,455,312,888.33 | 6.29% |
| 1978 | $2,668,833,501.26 | 8.70% |
| 1979 | $3,001,828,127.62 | 12.48% |
| 1980 | $3,434,790,806.05 | 14.42% |
| 1981 | $3,763,605,583.54 | 9.57% |
| 1982 | $4,020,317,968.09 | 6.82% |
| 1983 | $4,180,545,507.98 | 3.99% |
| 1984 | $4,338,334,802.69 | 3.77% |
| 1985 | $4,502,045,549.96 | 3.77% |
| 1986 | $4,596,092,149.45 | 2.09% |
| 1987 | $4,785,578,631.40 | 4.12% |
| 1988 | $4,972,626,868.18 | 3.91% |
| 1989 | $5,224,114,441.65 | 5.06% |
| 1990 | $5,504,860,957.18 | 5.37% |
| 1991 | $5,728,134,550.80 | 4.06% |
| 1992 | $5,896,025,146.94 | 2.93% |
| 1993 | $6,077,848,572.63 | 3.08% |
| 1994 | $6,210,907,094.88 | 2.19% |
| 1995 | $6,408,404,953.82 | 3.18% |
| 1996 | $6,579,778,757.35 | 2.67% |
| 1997 | $6,759,860,579.35 | 2.74% |
| 1998 | $6,896,053,988.25 | 2.01% |
| 1999 | $7,038,865,491.18 | 2.07% |
| 2000 | $7,264,925,650.71 | 3.21% |
| 2001 | $7,454,063,811.92 | 2.60% |
| 2002 | $7,572,841,183.88 | 1.59% |
| 2003 | $7,712,169,479.43 | 1.84% |
| 2004 | $7,884,588,245.17 | 2.24% |
| 2005 | $8,123,187,951.30 | 3.03% |
| 2006 | $8,289,685,264.48 | 2.05% |
| 2007 | $8,561,065,435.35 | 3.27% |
| 2008 | $8,883,666,170.86 | 3.77% |
| 2009 | $8,777,477,110.41 | -1.20% |
| 2010 | $8,897,661,698.15 | 1.37% |
| 2011 | $9,140,667,661.63 | 2.73% |
| 2012 | $9,279,463,026.45 | 1.52% |
| 2013 | $9,385,648,603.69 | 1.14% |
| 2014 | $9,549,606,658.69 | 1.75% |
| 2015 | $9,521,375,262.80 | -0.30% |
| 2016 | $9,584,466,598.24 | 0.66% |
| 2017 | $9,764,600,668.35 | 1.88% |
| 2018 | $9,935,761,996.22 | 1.75% |
| 2019 | $10,080,987,361.88 | 1.46% |
| 2020 | $10,193,512,376.57 | 1.12% |
| 2021 | $10,623,465,563.81 | 4.22% |
| 2022 | $11,425,871,150.71 | 7.55% |
| 2023 | $11,805,962,224.18 | 3.33% |
| 2024 | $12,214,563,350.13 | 3.46% |
| 2025 | $12,571,329,125.31 | 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 |