According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,415.17% higher in 2025 versus 1920 (a $130,721,013,257.55 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, $9,237,153,000 in Chicago in the year 1920 would cost $139,958,166,257.55 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 $9,237,153,000 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 | $9,237,153,000.00 | 19.10% |
| 1921 | $8,457,695,505.04 | -8.44% |
| 1922 | $7,988,469,848.87 | -5.55% |
| 1923 | $8,085,417,298.49 | 1.21% |
| 1924 | $8,244,411,115.87 | 1.97% |
| 1925 | $8,426,672,321.16 | 2.21% |
| 1926 | $8,574,032,444.58 | 1.75% |
| 1927 | $8,496,474,484.89 | -0.90% |
| 1928 | $8,232,777,421.91 | -3.10% |
| 1929 | $8,213,387,931.99 | -0.24% |
| 1930 | $8,124,196,278.34 | -1.09% |
| 1931 | $7,426,174,641.06 | -8.59% |
| 1932 | $6,553,647,594.46 | -11.75% |
| 1933 | $5,878,893,345.09 | -10.30% |
| 1934 | $5,917,672,324.94 | 0.66% |
| 1935 | $6,173,613,591.94 | 4.33% |
| 1936 | $6,297,706,327.46 | 2.01% |
| 1937 | $6,557,525,492.44 | 4.13% |
| 1938 | $6,510,990,716.62 | -0.71% |
| 1939 | $6,383,020,083.12 | -1.97% |
| 1940 | $6,417,921,164.99 | 0.55% |
| 1941 | $6,755,298,289.67 | 5.26% |
| 1942 | $7,426,174,641.06 | 9.93% |
| 1943 | $7,841,109,725.44 | 5.59% |
| 1944 | $7,961,324,562.97 | 1.53% |
| 1945 | $8,131,952,074.31 | 2.14% |
| 1946 | $8,857,118,997.48 | 8.92% |
| 1947 | $10,288,063,353.90 | 16.16% |
| 1948 | $11,183,857,788.41 | 8.71% |
| 1949 | $11,172,224,094.46 | -0.10% |
| 1950 | $11,284,683,136.02 | 1.01% |
| 1951 | $12,172,721,774.56 | 7.87% |
| 1952 | $12,436,418,837.53 | 2.17% |
| 1953 | $12,544,999,981.11 | 0.87% |
| 1954 | $12,731,139,084.38 | 1.48% |
| 1955 | $12,816,452,840.05 | 0.67% |
| 1956 | $12,994,836,147.36 | 1.39% |
| 1957 | $13,417,527,027.71 | 3.25% |
| 1958 | $13,824,706,316.12 | 3.03% |
| 1959 | $13,937,165,357.68 | 0.81% |
| 1960 | $14,131,060,256.93 | 1.39% |
| 1961 | $14,200,862,420.65 | 0.49% |
| 1962 | $14,348,222,544.08 | 1.04% |
| 1963 | $14,491,704,769.52 | 1.00% |
| 1964 | $14,549,873,239.29 | 0.40% |
| 1965 | $14,743,768,138.54 | 1.33% |
| 1966 | $15,185,848,508.82 | 3.00% |
| 1967 | $15,581,394,103.27 | 2.60% |
| 1968 | $16,240,636,760.71 | 4.23% |
| 1969 | $17,128,675,399.24 | 5.47% |
| 1970 | $18,109,783,589.42 | 5.73% |
| 1971 | $18,823,316,818.64 | 3.94% |
| 1972 | $19,358,466,740.55 | 2.84% |
| 1973 | $20,572,248,809.82 | 6.27% |
| 1974 | $22,747,749,579.35 | 10.57% |
| 1975 | $24,543,216,346.35 | 7.89% |
| 1976 | $25,718,219,435.77 | 4.79% |
| 1977 | $27,335,302,895.47 | 6.29% |
| 1978 | $29,712,454,360.20 | 8.70% |
| 1979 | $33,419,724,833.75 | 12.48% |
| 1980 | $38,239,952,028.97 | 14.42% |
| 1981 | $41,900,687,726.70 | 9.57% |
| 1982 | $44,758,698,541.56 | 6.82% |
| 1983 | $46,542,531,614.61 | 3.99% |
| 1984 | $48,299,219,401.76 | 3.77% |
| 1985 | $50,121,831,454.66 | 3.77% |
| 1986 | $51,168,863,910.58 | 2.09% |
| 1987 | $53,278,440,414.36 | 4.12% |
| 1988 | $55,360,871,632.24 | 3.91% |
| 1989 | $58,160,713,977.33 | 5.06% |
| 1990 | $61,286,299,753.15 | 5.37% |
| 1991 | $63,772,032,361.46 | 4.06% |
| 1992 | $65,641,179,190.18 | 2.93% |
| 1993 | $67,665,441,938.29 | 3.08% |
| 1994 | $69,146,798,968.51 | 2.19% |
| 1995 | $71,345,567,125.94 | 3.18% |
| 1996 | $73,253,492,934.51 | 2.67% |
| 1997 | $75,258,366,192.70 | 2.74% |
| 1998 | $76,774,624,304.79 | 2.01% |
| 1999 | $78,364,562,478.59 | 2.07% |
| 2000 | $80,881,318,270.78 | 3.21% |
| 2001 | $82,987,016,876.57 | 2.60% |
| 2002 | $84,309,380,089.42 | 1.59% |
| 2003 | $85,860,539,283.38 | 1.84% |
| 2004 | $87,780,098,785.89 | 2.24% |
| 2005 | $90,436,458,905.54 | 3.03% |
| 2006 | $92,290,094,142.32 | 2.05% |
| 2007 | $95,311,403,241.32 | 3.27% |
| 2008 | $98,902,957,239.01 | 3.77% |
| 2009 | $97,720,741,259.33 | -1.20% |
| 2010 | $99,058,771,180.04 | 1.37% |
| 2011 | $101,764,186,709.19 | 2.73% |
| 2012 | $103,309,412,719.23 | 1.52% |
| 2013 | $104,491,589,919.92 | 1.14% |
| 2014 | $106,316,955,280.39 | 1.75% |
| 2015 | $106,002,651,648.72 | -0.30% |
| 2016 | $106,705,055,310.72 | 0.66% |
| 2017 | $108,710,510,253.60 | 1.88% |
| 2018 | $110,616,070,544.40 | 1.75% |
| 2019 | $112,232,882,551.23 | 1.46% |
| 2020 | $113,485,637,495.25 | 1.12% |
| 2021 | $118,272,359,651.88 | 4.22% |
| 2022 | $127,205,640,565.78 | 7.55% |
| 2023 | $131,437,241,625.87 | 3.33% |
| 2024 | $135,986,248,636.02 | 3.46% |
| 2025 | $139,958,166,257.55 | 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 |