According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,492.36% higher in 2024 versus 1925 (a $622,316,177,174.41 difference in value).
Between 1925 and 2024: Chicago experienced an average inflation rate of 2.84% per year. This rate of change indicates significant inflation. In other words, $41,700,000,000 in Chicago in the year 1925 would cost $664,016,177,174.41 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 2.95% during this same period, inflation in Chicago was lower.
In the year 1925: Pricing changed by 2.21%, which is below the average yearly change in Chicago during the 1925-2024 time period. Compared to inflation for all items in 1925 (2.43%), inflation in Chicago was lower.
Below are calculations of equivalent buying power in Chicago, over time, for $41,700,000,000 beginning in 1925. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
1925 | $41,700,000,000.00 | 2.21% |
1926 | $42,429,222,273.35 | 1.75% |
1927 | $42,045,421,076.85 | -0.90% |
1928 | $40,740,497,008.74 | -3.10% |
1929 | $40,644,546,709.62 | -0.24% |
1930 | $40,203,175,333.64 | -1.09% |
1931 | $36,748,964,565.12 | -8.59% |
1932 | $32,431,201,104.46 | -11.75% |
1933 | $29,092,130,694.89 | -10.30% |
1934 | $29,284,031,293.14 | 0.66% |
1935 | $30,550,575,241.60 | 4.33% |
1936 | $31,164,657,156.01 | 2.01% |
1937 | $32,450,391,164.29 | 4.13% |
1938 | $32,220,110,446.39 | -0.71% |
1939 | $31,586,838,472.16 | -1.97% |
1940 | $31,759,549,010.58 | 0.55% |
1941 | $33,429,084,215.37 | 5.26% |
1942 | $36,748,964,565.12 | 9.93% |
1943 | $38,802,300,966.41 | 5.59% |
1944 | $39,397,192,820.98 | 1.53% |
1945 | $40,241,555,453.29 | 2.14% |
1946 | $43,830,096,640.59 | 8.92% |
1947 | $50,911,228,716.06 | 16.16% |
1948 | $55,344,132,535.66 | 8.71% |
1949 | $55,286,562,356.19 | -0.10% |
1950 | $55,843,074,091.12 | 1.01% |
1951 | $60,237,597,791.07 | 7.87% |
1952 | $61,542,521,859.18 | 2.17% |
1953 | $62,079,843,534.28 | 0.87% |
1954 | $63,000,966,405.89 | 1.48% |
1955 | $63,423,147,722.04 | 0.67% |
1956 | $64,305,890,474.00 | 1.39% |
1957 | $66,397,606,994.94 | 3.25% |
1958 | $68,412,563,276.58 | 3.03% |
1959 | $68,969,075,011.50 | 0.81% |
1960 | $69,928,578,002.76 | 1.39% |
1961 | $70,273,999,079.61 | 0.49% |
1962 | $71,003,221,352.97 | 1.04% |
1963 | $71,713,253,566.50 | 1.00% |
1964 | $72,001,104,463.87 | 0.40% |
1965 | $72,960,607,455.13 | 1.33% |
1966 | $75,148,274,275.20 | 3.00% |
1967 | $77,105,660,377.36 | 2.60% |
1968 | $80,367,970,547.63 | 4.23% |
1969 | $84,762,494,247.58 | 5.47% |
1970 | $89,617,579,383.34 | 5.73% |
1971 | $93,148,550,391.16 | 3.94% |
1972 | $95,796,778,647.03 | 2.84% |
1973 | $101,803,267,372.30 | 6.27% |
1974 | $112,568,890,934.19 | 10.57% |
1975 | $121,453,888,633.23 | 7.89% |
1976 | $127,268,476,760.24 | 4.79% |
1977 | $135,270,731,707.32 | 6.29% |
1978 | $147,034,238,380.12 | 8.70% |
1979 | $165,379,935,572.94 | 12.48% |
1980 | $189,233,179,935.57 | 14.42% |
1981 | $207,348,596,410.49 | 9.57% |
1982 | $221,491,670,501.61 | 6.82% |
1983 | $230,319,098,021.17 | 3.99% |
1984 | $239,012,195,121.95 | 3.77% |
1985 | $248,031,523,239.76 | 3.77% |
1986 | $253,212,839,392.54 | 2.09% |
1987 | $263,652,231,937.41 | 4.12% |
1988 | $273,957,294,063.51 | 3.91% |
1989 | $287,812,517,257.25 | 5.06% |
1990 | $303,279,705,476.30 | 5.37% |
1991 | $315,580,533,824.21 | 4.06% |
1992 | $324,830,142,659.92 | 2.93% |
1993 | $334,847,353,888.63 | 3.08% |
1994 | $342,177,956,741.83 | 2.19% |
1995 | $353,058,720,662.68 | 3.18% |
1996 | $362,500,230,096.64 | 2.67% |
1997 | $372,421,491,026.23 | 2.74% |
1998 | $379,924,804,417.86 | 2.01% |
1999 | $387,792,728,946.16 | 2.07% |
2000 | $400,247,077,772.66 | 3.21% |
2001 | $410,667,280,257.71 | 2.60% |
2002 | $417,211,090,658.08 | 1.59% |
2003 | $424,887,114,588.13 | 1.84% |
2004 | $434,386,194,201.56 | 2.24% |
2005 | $447,531,385,181.78 | 3.03% |
2006 | $456,704,233,778.19 | 2.05% |
2007 | $471,655,401,288.54 | 3.27% |
2008 | $489,428,467,096.18 | 3.77% |
2009 | $483,578,185,457.89 | -1.20% |
2010 | $490,199,523,699.95 | 1.37% |
2011 | $503,587,468,936.95 | 2.73% |
2012 | $511,234,132,075.47 | 1.52% |
2013 | $517,084,221,813.16 | 1.14% |
2014 | $526,117,174,873.45 | 1.75% |
2015 | $524,561,820,524.62 | -0.30% |
2016 | $528,037,716,060.75 | 0.66% |
2017 | $537,961,855,499.31 | 1.88% |
2018 | $547,391,658,996.78 | 1.75% |
2019 | $555,392,570,639.67 | 1.46% |
2020 | $561,591,919,466.18 | 1.12% |
2021 | $585,279,361,711.92 | 4.22% |
2022 | $629,486,351,127.47 | 7.55% |
2023 | $650,426,736,309.25 | 3.33% |
2024 | $664,016,177,174.41 | 2.09%* |
* 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 |
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 | 288.351 |