According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,635.95% higher in 2026 versus 1945 (a $680,553,384,835.48 difference in value).
Between 1945 and 2026:Chicago experienced an average inflation rate of 3.59% per year. This rate of change indicates significant inflation. In other words, $41,600,000,000 in Chicago in the year 1945 would cost $722,153,384,835.48 in 2026 for an equivalent purchase. Compared to the overall inflation rate of 3.64% during this same period, inflation in Chicago was lower.
In the year 1945: Pricing changed by 2.14%, which is below the average yearly change in Chicago during the 1945-2026 time period. Compared to inflation for all items in 1945 (2.27%), inflation in Chicago was lower.
Below are calculations of equivalent buying power in Chicago, over time, for $41,600,000,000 beginning in 1945. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1945 | $41,600,000,000.00 | 2.14% |
| 1946 | $45,309,680,495.95 | 8.92% |
| 1947 | $52,629,852,169.77 | 16.16% |
| 1948 | $57,212,398,664.76 | 8.71% |
| 1949 | $57,152,885,073.92 | -0.10% |
| 1950 | $57,728,183,118.74 | 1.01% |
| 1951 | $62,271,053,886.50 | 7.87% |
| 1952 | $63,620,028,612.30 | 2.17% |
| 1953 | $64,175,488,793.51 | 0.87% |
| 1954 | $65,127,706,247.02 | 1.48% |
| 1955 | $65,564,139,246.54 | 0.67% |
| 1956 | $66,476,680,972.82 | 1.39% |
| 1957 | $68,639,008,106.82 | 3.25% |
| 1958 | $70,721,983,786.36 | 3.03% |
| 1959 | $71,297,281,831.19 | 0.81% |
| 1960 | $72,289,175,011.92 | 1.39% |
| 1961 | $72,646,256,556.99 | 0.49% |
| 1962 | $73,400,095,374.34 | 1.04% |
| 1963 | $74,134,096,328.09 | 1.00% |
| 1964 | $74,431,664,282.31 | 0.40% |
| 1965 | $75,423,557,463.04 | 1.33% |
| 1966 | $77,685,073,915.12 | 3.00% |
| 1967 | $79,708,536,003.81 | 2.60% |
| 1968 | $83,080,972,818.31 | 4.23% |
| 1969 | $87,623,843,586.08 | 5.47% |
| 1970 | $92,642,823,080.59 | 5.73% |
| 1971 | $96,292,989,985.69 | 3.94% |
| 1972 | $99,030,615,164.52 | 2.84% |
| 1973 | $105,239,866,475.92 | 6.27% |
| 1974 | $116,368,907,963.76 | 10.57% |
| 1975 | $125,553,838,817.36 | 7.89% |
| 1976 | $131,564,711,492.61 | 4.79% |
| 1977 | $139,837,100,619.93 | 6.29% |
| 1978 | $151,997,711,015.74 | 8.70% |
| 1979 | $170,962,708,631.38 | 12.48% |
| 1980 | $195,621,173,104.43 | 14.42% |
| 1981 | $214,348,116,356.70 | 9.57% |
| 1982 | $228,968,621,840.72 | 6.82% |
| 1983 | $238,094,039,103.48 | 3.99% |
| 1984 | $247,080,591,320.93 | 3.77% |
| 1985 | $256,404,387,219.84 | 3.77% |
| 1986 | $261,760,610,395.80 | 2.09% |
| 1987 | $272,552,408,202.19 | 4.12% |
| 1988 | $283,205,340,963.28 | 3.91% |
| 1989 | $297,528,278,493.09 | 5.06% |
| 1990 | $313,517,596,566.52 | 5.37% |
| 1991 | $326,233,667,143.54 | 4.06% |
| 1992 | $335,795,517,405.82 | 2.93% |
| 1993 | $346,150,882,212.68 | 3.08% |
| 1994 | $353,728,946,113.50 | 2.19% |
| 1995 | $364,977,014,783.02 | 3.18% |
| 1996 | $374,737,243,681.45 | 2.67% |
| 1997 | $384,993,419,170.24 | 2.74% |
| 1998 | $392,750,023,843.59 | 2.01% |
| 1999 | $400,883,547,925.61 | 2.07% |
| 2000 | $413,758,321,411.54 | 3.21% |
| 2001 | $424,530,281,354.32 | 2.60% |
| 2002 | $431,294,992,846.92 | 1.59% |
| 2003 | $439,230,138,292.80 | 1.84% |
| 2004 | $449,049,880,782.07 | 2.24% |
| 2005 | $462,638,817,358.13 | 3.03% |
| 2006 | $472,121,316,165.95 | 2.05% |
| 2007 | $487,577,194,086.79 | 3.27% |
| 2008 | $505,950,229,852.17 | 3.77% |
| 2009 | $499,902,458,750.60 | -1.20% |
| 2010 | $506,747,315,212.21 | 1.37% |
| 2011 | $520,587,200,762.99 | 2.73% |
| 2012 | $528,491,994,277.54 | 1.52% |
| 2013 | $534,539,567,000.48 | 1.14% |
| 2014 | $543,877,447,782.55 | 1.75% |
| 2015 | $542,269,588,936.58 | -0.30% |
| 2016 | $545,862,821,173.10 | 0.66% |
| 2017 | $556,121,972,341.44 | 1.88% |
| 2018 | $565,870,100,143.06 | 1.75% |
| 2019 | $574,141,100,619.93 | 1.46% |
| 2020 | $580,549,722,460.66 | 1.12% |
| 2021 | $605,036,787,792.08 | 4.22% |
| 2022 | $650,736,083,929.42 | 7.55% |
| 2023 | $672,383,359,084.41 | 3.33% |
| 2024 | $695,654,363,376.25 | 3.46% |
| 2025 | $717,738,865,045.30 | 3.17% |
| 2026 | $722,153,384,835.48 | 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 |