According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 977.03% higher in 2025 versus 1956 (a $244,257,273,948.08 difference in value).
Between 1956 and 2025: Chicago experienced an average inflation rate of 3.50% per year. This rate of change indicates significant inflation. In other words, $25,000,000,000 in Chicago in the year 1956 would cost $269,257,273,948.08 in 2025 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 1956: Pricing changed by 1.39%, which is below the average yearly change in Chicago during the 1956-2025 time period. Compared to inflation for all items in 1956 (1.52%), inflation in Chicago was lower.
Below are calculations of equivalent buying power in Chicago, over time, for $25,000,000,000 beginning in 1956. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1956 | $25,000,000,000.00 | 1.39% |
| 1957 | $25,813,190,092.51 | 3.25% |
| 1958 | $26,596,538,346.76 | 3.03% |
| 1959 | $26,812,891,674.13 | 0.81% |
| 1960 | $27,185,914,652.34 | 1.39% |
| 1961 | $27,320,202,924.50 | 0.49% |
| 1962 | $27,603,700,387.94 | 1.04% |
| 1963 | $27,879,737,391.82 | 1.00% |
| 1964 | $27,991,644,285.29 | 0.40% |
| 1965 | $28,364,667,263.50 | 1.33% |
| 1966 | $29,215,159,653.83 | 3.00% |
| 1967 | $29,976,126,529.39 | 2.60% |
| 1968 | $31,244,404,655.33 | 4.23% |
| 1969 | $32,952,849,895.55 | 5.47% |
| 1970 | $34,840,346,165.32 | 5.73% |
| 1971 | $36,213,070,725.16 | 3.94% |
| 1972 | $37,242,614,145.03 | 2.84% |
| 1973 | $39,577,737,988.66 | 6.27% |
| 1974 | $43,763,055,804.24 | 10.57% |
| 1975 | $47,217,248,582.51 | 7.89% |
| 1976 | $49,477,767,830.50 | 4.79% |
| 1977 | $52,588,779,468.82 | 6.29% |
| 1978 | $57,162,041,181.74 | 8.70% |
| 1979 | $64,294,240,525.22 | 12.48% |
| 1980 | $73,567,591,763.65 | 14.42% |
| 1981 | $80,610,265,592.36 | 9.57% |
| 1982 | $86,108,624,291.26 | 6.82% |
| 1983 | $89,540,435,690.84 | 3.99% |
| 1984 | $92,920,023,873.47 | 3.77% |
| 1985 | $96,426,439,868.70 | 3.77% |
| 1986 | $98,440,763,951.06 | 2.09% |
| 1987 | $102,499,253,954.04 | 4.12% |
| 1988 | $106,505,520,740.08 | 3.91% |
| 1989 | $111,891,972,545.51 | 5.06% |
| 1990 | $117,905,102,954.34 | 5.37% |
| 1991 | $122,687,257,535.06 | 4.06% |
| 1992 | $126,283,199,045.06 | 2.93% |
| 1993 | $130,177,558,937.63 | 3.08% |
| 1994 | $133,027,454,491.20 | 2.19% |
| 1995 | $137,257,535,064.16 | 3.18% |
| 1996 | $140,928,081,169.80 | 2.67% |
| 1997 | $144,785,138,764.55 | 2.74% |
| 1998 | $147,702,178,454.19 | 2.01% |
| 1999 | $150,760,966,875.56 | 2.07% |
| 2000 | $155,602,805,132.80 | 3.21% |
| 2001 | $159,653,834,676.22 | 2.60% |
| 2002 | $162,197,851,387.65 | 1.59% |
| 2003 | $165,182,035,213.37 | 1.84% |
| 2004 | $168,874,962,697.70 | 2.24% |
| 2005 | $173,985,377,499.25 | 3.03% |
| 2006 | $177,551,477,170.99 | 2.05% |
| 2007 | $183,363,995,822.14 | 3.27% |
| 2008 | $190,273,575,052.22 | 3.77% |
| 2009 | $187,999,179,349.45 | -1.20% |
| 2010 | $190,573,336,317.52 | 1.37% |
| 2011 | $195,778,125,932.56 | 2.73% |
| 2012 | $198,750,895,255.15 | 1.52% |
| 2013 | $201,025,216,353.33 | 1.14% |
| 2014 | $204,536,929,274.84 | 1.75% |
| 2015 | $203,932,259,027.16 | -0.30% |
| 2016 | $205,283,572,068.04 | 0.66% |
| 2017 | $209,141,748,731.72 | 1.88% |
| 2018 | $212,807,743,957.03 | 1.75% |
| 2019 | $215,918,233,363.18 | 1.46% |
| 2020 | $218,328,334,825.43 | 1.12% |
| 2021 | $227,537,227,693.23 | 4.22% |
| 2022 | $244,723,440,763.95 | 7.55% |
| 2023 | $252,864,368,845.12 | 3.33% |
| 2024 | $261,615,935,541.63 | 3.46% |
| 2025 | $269,257,273,948.08 | 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 |