According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,561.47% higher in 2026 versus 1927 (a $35,601,487,174.81 difference in value).
Between 1927 and 2026:Chicago experienced an average inflation rate of 2.88% per year. This rate of change indicates significant inflation. In other words, $2,280,000,000 in Chicago in the year 1927 would cost $37,881,487,174.81 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.01% during this same period, inflation in Chicago was lower.
In the year 1927: Pricing changed by -0.90%, which is significantly below the average yearly change in Chicago during the 1927-2026 time period. Compared to inflation for all items in 1927 (-1.93%), inflation in Chicago was higher.
Below are calculations of equivalent buying power in Chicago, over time, for $2,280,000,000 beginning in 1927. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1927 | $2,280,000,000.00 | -0.90% |
| 1928 | $2,209,237,790.96 | -3.10% |
| 1929 | $2,204,034,687.36 | -0.24% |
| 1930 | $2,180,100,410.77 | -1.09% |
| 1931 | $1,992,788,680.97 | -8.59% |
| 1932 | $1,758,649,018.71 | -11.75% |
| 1933 | $1,577,581,013.24 | -10.30% |
| 1934 | $1,587,987,220.45 | 0.66% |
| 1935 | $1,656,668,188.04 | 4.33% |
| 1936 | $1,689,968,051.12 | 2.01% |
| 1937 | $1,759,689,639.43 | 4.13% |
| 1938 | $1,747,202,190.78 | -0.71% |
| 1939 | $1,712,861,706.98 | -1.97% |
| 1940 | $1,722,227,293.47 | 0.55% |
| 1941 | $1,812,761,296.21 | 5.26% |
| 1942 | $1,992,788,680.97 | 9.93% |
| 1943 | $2,104,135,098.13 | 5.59% |
| 1944 | $2,136,394,340.48 | 1.53% |
| 1945 | $2,182,181,652.21 | 2.14% |
| 1946 | $2,376,777,727.07 | 8.92% |
| 1947 | $2,760,766,773.16 | 16.16% |
| 1948 | $3,001,150,159.74 | 8.71% |
| 1949 | $2,998,028,297.58 | -0.10% |
| 1950 | $3,028,206,298.49 | 1.01% |
| 1951 | $3,266,508,443.63 | 7.87% |
| 1952 | $3,337,270,652.67 | 2.17% |
| 1953 | $3,366,408,032.86 | 0.87% |
| 1954 | $3,416,357,827.48 | 1.48% |
| 1955 | $3,439,251,483.34 | 0.67% |
| 1956 | $3,487,120,036.51 | 1.39% |
| 1957 | $3,600,547,695.12 | 3.25% |
| 1958 | $3,709,812,870.84 | 3.03% |
| 1959 | $3,739,990,871.75 | 0.81% |
| 1960 | $3,792,021,907.80 | 1.39% |
| 1961 | $3,810,753,080.79 | 0.49% |
| 1962 | $3,850,296,668.19 | 1.04% |
| 1963 | $3,888,799,634.87 | 1.00% |
| 1964 | $3,904,408,945.69 | 0.40% |
| 1965 | $3,956,439,981.74 | 1.33% |
| 1966 | $4,075,070,743.95 | 3.00% |
| 1967 | $4,181,214,057.51 | 2.60% |
| 1968 | $4,358,119,580.10 | 4.23% |
| 1969 | $4,596,421,725.24 | 5.47% |
| 1970 | $4,859,698,767.69 | 5.73% |
| 1971 | $5,051,172,980.37 | 3.94% |
| 1972 | $5,194,778,639.89 | 2.84% |
| 1973 | $5,520,492,925.60 | 6.27% |
| 1974 | $6,104,281,150.16 | 10.57% |
| 1975 | $6,586,088,544.04 | 7.89% |
| 1976 | $6,901,396,622.55 | 4.79% |
| 1977 | $7,335,335,463.26 | 6.29% |
| 1978 | $7,973,235,965.31 | 8.70% |
| 1979 | $8,968,069,374.71 | 12.48% |
| 1980 | $10,261,560,931.08 | 14.42% |
| 1981 | $11,243,906,891.83 | 9.57% |
| 1982 | $12,010,844,363.30 | 6.82% |
| 1983 | $12,489,529,895.03 | 3.99% |
| 1984 | $12,960,931,081.70 | 3.77% |
| 1985 | $13,450,022,820.63 | 3.77% |
| 1986 | $13,730,990,415.34 | 2.09% |
| 1987 | $14,297,088,087.63 | 4.12% |
| 1988 | $14,855,901,414.88 | 3.91% |
| 1989 | $15,607,229,575.54 | 5.06% |
| 1990 | $16,445,969,876.77 | 5.37% |
| 1991 | $17,113,007,759.01 | 4.06% |
| 1992 | $17,614,586,946.60 | 2.93% |
| 1993 | $18,157,790,963.03 | 3.08% |
| 1994 | $18,555,308,078.50 | 2.19% |
| 1995 | $19,145,340,027.38 | 3.18% |
| 1996 | $19,657,325,422.18 | 2.67% |
| 1997 | $20,195,326,335.01 | 2.74% |
| 1998 | $20,602,209,036.97 | 2.01% |
| 1999 | $21,028,863,532.63 | 2.07% |
| 2000 | $21,704,226,380.65 | 3.21% |
| 2001 | $22,269,283,432.22 | 2.60% |
| 2002 | $22,624,135,098.13 | 1.59% |
| 2003 | $23,040,383,386.58 | 1.84% |
| 2004 | $23,555,490,643.54 | 2.24% |
| 2005 | $24,268,315,837.52 | 3.03% |
| 2006 | $24,765,732,542.22 | 2.05% |
| 2007 | $25,576,490,552.26 | 3.27% |
| 2008 | $26,540,271,839.34 | 3.77% |
| 2009 | $26,223,028,206.30 | -1.20% |
| 2010 | $26,582,083,979.92 | 1.37% |
| 2011 | $27,308,073,026.02 | 2.73% |
| 2012 | $27,722,729,164.76 | 1.52% |
| 2013 | $28,039,962,391.60 | 1.14% |
| 2014 | $28,529,792,971.25 | 1.75% |
| 2015 | $28,445,450,661.80 | -0.30% |
| 2016 | $28,633,938,293.02 | 0.66% |
| 2017 | $29,172,095,298.95 | 1.88% |
| 2018 | $29,683,445,915.11 | 1.75% |
| 2019 | $30,117,311,912.37 | 1.46% |
| 2020 | $30,453,484,436.33 | 1.12% |
| 2021 | $31,737,985,029.67 | 4.22% |
| 2022 | $34,135,200,547.70 | 7.55% |
| 2023 | $35,270,736,284.80 | 3.33% |
| 2024 | $36,491,446,827.93 | 3.46% |
| 2025 | $37,649,917,845.73 | 3.17% |
| 2026 | $37,881,487,174.81 | 0.62%* |
* 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 | 2026 |
| 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 | 301.502 | 303.356 |