According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 2,175.17% higher in 2026 versus 1935 (a $210,991,329.15 difference in value).
Between 1935 and 2026: Chicago experienced an average inflation rate of 3.49% per year. This rate of change indicates significant inflation. In other words, $9,700,000 in Chicago in the year 1935 would cost $220,691,329.15 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.54% during this same period, inflation in Chicago was lower.
In the year 1935: Pricing changed by 4.33%, which is above the average yearly change in Chicago during the 1935-2026 time period. Compared to inflation for all items in 1935 (2.55%), inflation in Chicago was higher.
Below are calculations of equivalent buying power in Chicago, over time, for $9,700,000 beginning in 1935. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1935 | $9,700,000.00 | 4.33% |
| 1936 | $9,894,974.87 | 2.01% |
| 1937 | $10,303,203.52 | 4.13% |
| 1938 | $10,230,087.94 | -0.71% |
| 1939 | $10,029,020.10 | -1.97% |
| 1940 | $10,083,856.78 | 0.55% |
| 1941 | $10,613,944.72 | 5.26% |
| 1942 | $11,668,027.64 | 9.93% |
| 1943 | $12,319,974.87 | 5.59% |
| 1944 | $12,508,856.78 | 1.53% |
| 1945 | $12,776,947.24 | 2.14% |
| 1946 | $13,916,331.66 | 8.92% |
| 1947 | $16,164,635.68 | 16.16% |
| 1948 | $17,572,110.55 | 8.71% |
| 1949 | $17,553,831.66 | -0.10% |
| 1950 | $17,730,527.64 | 1.01% |
| 1951 | $19,125,816.58 | 7.87% |
| 1952 | $19,540,138.19 | 2.17% |
| 1953 | $19,710,741.21 | 0.87% |
| 1954 | $20,003,203.52 | 1.48% |
| 1955 | $20,137,248.74 | 0.67% |
| 1956 | $20,417,525.13 | 1.39% |
| 1957 | $21,081,658.29 | 3.25% |
| 1958 | $21,721,419.60 | 3.03% |
| 1959 | $21,898,115.58 | 0.81% |
| 1960 | $22,202,763.82 | 1.39% |
| 1961 | $22,312,437.19 | 0.49% |
| 1962 | $22,543,969.85 | 1.04% |
| 1963 | $22,769,409.55 | 1.00% |
| 1964 | $22,860,804.02 | 0.40% |
| 1965 | $23,165,452.26 | 1.33% |
| 1966 | $23,860,050.25 | 3.00% |
| 1967 | $24,481,532.66 | 2.60% |
| 1968 | $25,517,336.68 | 4.23% |
| 1969 | $26,912,625.63 | 5.47% |
| 1970 | $28,454,145.73 | 5.73% |
| 1971 | $29,575,251.26 | 3.94% |
| 1972 | $30,416,080.40 | 2.84% |
| 1973 | $32,323,178.39 | 6.27% |
| 1974 | $35,741,331.66 | 10.57% |
| 1975 | $38,562,374.37 | 7.89% |
| 1976 | $40,408,542.71 | 4.79% |
| 1977 | $42,949,309.05 | 6.29% |
| 1978 | $46,684,296.48 | 8.70% |
| 1979 | $52,509,170.85 | 12.48% |
| 1980 | $60,082,726.13 | 14.42% |
| 1981 | $65,834,484.92 | 9.57% |
| 1982 | $70,325,000.00 | 6.82% |
| 1983 | $73,127,763.82 | 3.99% |
| 1984 | $75,887,876.88 | 3.77% |
| 1985 | $78,751,570.35 | 3.77% |
| 1986 | $80,396,670.85 | 2.09% |
| 1987 | $83,711,243.72 | 4.12% |
| 1988 | $86,983,165.83 | 3.91% |
| 1989 | $91,382,286.43 | 5.06% |
| 1990 | $96,293,216.08 | 5.37% |
| 1991 | $100,198,806.53 | 4.06% |
| 1992 | $103,135,615.58 | 2.93% |
| 1993 | $106,316,143.22 | 3.08% |
| 1994 | $108,643,655.78 | 2.19% |
| 1995 | $112,098,366.83 | 3.18% |
| 1996 | $115,096,105.53 | 2.67% |
| 1997 | $118,246,168.34 | 2.74% |
| 1998 | $120,628,517.59 | 2.01% |
| 1999 | $123,126,633.17 | 2.07% |
| 2000 | $127,080,967.34 | 3.21% |
| 2001 | $130,389,447.24 | 2.60% |
| 2002 | $132,467,148.24 | 1.59% |
| 2003 | $134,904,334.17 | 1.84% |
| 2004 | $137,920,351.76 | 2.24% |
| 2005 | $142,094,032.66 | 3.03% |
| 2006 | $145,006,469.85 | 2.05% |
| 2007 | $149,753,559.67 | 3.27% |
| 2008 | $155,396,619.97 | 3.77% |
| 2009 | $153,539,118.72 | -1.20% |
| 2010 | $155,641,435.30 | 1.37% |
| 2011 | $159,892,192.21 | 2.73% |
| 2012 | $162,320,055.90 | 1.52% |
| 2013 | $164,177,496.23 | 1.14% |
| 2014 | $167,045,515.70 | 1.75% |
| 2015 | $166,551,680.90 | -0.30% |
| 2016 | $167,655,299.62 | 0.66% |
| 2017 | $170,806,276.38 | 1.88% |
| 2018 | $173,800,298.37 | 1.75% |
| 2019 | $176,340,638.19 | 1.46% |
| 2020 | $178,308,970.48 | 1.12% |
| 2021 | $185,829,882.54 | 4.22% |
| 2022 | $199,865,880.03 | 7.55% |
| 2023 | $206,514,584.17 | 3.33% |
| 2024 | $213,661,997.49 | 3.46% |
| 2025 | $220,467,794.88 | 3.19% |
| 2026 | $220,691,329.15 | 0.10%* |
* 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 | 301.533 | 301.839 |