According to the U.S. Bureau of Labor Statistics, prices in Detroit, Michigan are 2,005.49% higher in 2025 versus 1940 (a $823,443,701.08 difference in value).
Between 1940 and 2025:Detroit experienced an average inflation rate of 3.65% per year. This rate of change indicates significant inflation. In other words, $41,059,405 in Detroit in the year 1940 would cost $864,503,106.08 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.76% during this same period, inflation in Detroit was lower.
In the year 1940: Pricing changed by 0.59%, which is significantly below the average yearly change in Detroit during the 1940-2025 time period. Compared to inflation for all items in 1940 (0.72%), inflation in Detroit was lower.
Below are calculations of equivalent buying power in Detroit, over time, for $41,059,405 beginning in 1940. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1940 | $41,059,405.00 | 0.59% |
| 1941 | $43,628,647.58 | 6.26% |
| 1942 | $48,452,036.95 | 11.06% |
| 1943 | $51,093,993.94 | 5.45% |
| 1944 | $51,772,661.79 | 1.33% |
| 1945 | $53,154,235.63 | 2.67% |
| 1946 | $57,783,719.91 | 8.71% |
| 1947 | $65,855,019.71 | 13.97% |
| 1948 | $71,163,171.83 | 8.06% |
| 1949 | $70,242,122.60 | -1.29% |
| 1950 | $71,405,553.21 | 1.66% |
| 1951 | $77,004,562.98 | 7.84% |
| 1952 | $78,943,613.98 | 2.52% |
| 1953 | $80,349,425.96 | 1.78% |
| 1954 | $80,640,283.61 | 0.36% |
| 1955 | $80,494,854.78 | -0.18% |
| 1956 | $81,997,619.31 | 1.87% |
| 1957 | $84,397,194.93 | 2.93% |
| 1958 | $85,560,625.53 | 1.38% |
| 1959 | $85,536,387.39 | -0.03% |
| 1960 | $86,239,293.38 | 0.82% |
| 1961 | $86,724,056.13 | 0.56% |
| 1962 | $86,990,675.65 | 0.31% |
| 1963 | $87,839,010.46 | 0.98% |
| 1964 | $88,566,154.59 | 0.83% |
| 1965 | $90,602,158.14 | 2.30% |
| 1966 | $94,625,688.97 | 4.44% |
| 1967 | $97,800,884.99 | 3.36% |
| 1968 | $102,018,320.92 | 4.31% |
| 1969 | $108,223,284.14 | 6.08% |
| 1970 | $114,913,010.10 | 6.18% |
| 1971 | $119,106,207.89 | 3.65% |
| 1972 | $123,517,548.93 | 3.70% |
| 1973 | $131,564,610.59 | 6.51% |
| 1974 | $145,816,635.47 | 10.83% |
| 1975 | $156,675,321.09 | 7.45% |
| 1976 | $165,182,907.36 | 5.43% |
| 1977 | $176,526,355.73 | 6.87% |
| 1978 | $189,930,045.80 | 7.59% |
| 1979 | $214,071,230.79 | 12.71% |
| 1980 | $248,101,575.90 | 15.90% |
| 1981 | $271,127,806.57 | 9.28% |
| 1982 | $282,107,682.88 | 4.05% |
| 1983 | $290,154,744.54 | 2.85% |
| 1984 | $300,310,524.17 | 3.50% |
| 1985 | $310,757,161.46 | 3.48% |
| 1986 | $315,095,788.08 | 1.40% |
| 1987 | $324,645,614.27 | 3.03% |
| 1988 | $336,982,826.28 | 3.80% |
| 1989 | $354,870,571.79 | 5.31% |
| 1990 | $373,121,889.36 | 5.14% |
| 1991 | $386,743,722.66 | 3.65% |
| 1992 | $394,863,498.73 | 2.10% |
| 1993 | $405,528,279.25 | 2.70% |
| 1994 | $418,326,015.88 | 3.16% |
| 1995 | $431,535,800.84 | 3.16% |
| 1996 | $443,218,583.13 | 2.71% |
| 1997 | $454,174,221.30 | 2.47% |
| 1998 | $464,233,048.39 | 2.21% |
| 1999 | $476,327,879.02 | 2.61% |
| 2000 | $493,076,432.06 | 3.52% |
| 2001 | $507,061,837.43 | 2.84% |
| 2002 | $519,714,145.22 | 2.50% |
| 2003 | $530,718,259.67 | 2.12% |
| 2004 | $538,862,273.88 | 1.53% |
| 2005 | $554,253,491.22 | 2.86% |
| 2006 | $571,244,425.64 | 3.07% |
| 2007 | $581,634,103.30 | 1.82% |
| 2008 | $595,807,354.23 | 2.44% |
| 2009 | $591,173,264.71 | -0.78% |
| 2010 | $596,203,405.40 | 0.85% |
| 2011 | $615,062,373.08 | 3.16% |
| 2012 | $628,123,093.49 | 2.12% |
| 2013 | $638,181,435.81 | 1.60% |
| 2014 | $645,096,091.69 | 1.08% |
| 2015 | $636,593,110.66 | -1.32% |
| 2016 | $645,888,436.41 | 1.46% |
| 2017 | $659,020,901.71 | 2.03% |
| 2018 | $675,212,704.73 | 2.46% |
| 2019 | $684,150,033.19 | 1.32% |
| 2020 | $691,116,801.06 | 1.02% |
| 2021 | $719,699,867.14 | 4.14% |
| 2022 | $778,768,693.10 | 8.21% |
| 2023 | $821,149,803.74 | 5.44% |
| 2024 | $848,553,442.05 | 3.34% |
| 2025 | $864,503,106.08 | 1.88%* |
* 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 Detroit, Michigan:
| 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 | 9.700 | 9.733 | 10.233 | 11.917 | 14.525 | 17.642 | 21.508 | 19.517 | 17.442 | 17.958 | 18.050 | 18.158 | 18.467 | 18.158 | 17.525 | 17.508 | 17.217 | 15.183 | 13.250 | 11.917 | 12.592 | 13.267 | 13.825 | 14.608 | 14.533 | 14.033 | 14.117 | 15.000 | 16.658 | 17.567 | 17.800 | 18.275 | 19.867 | 22.642 | 24.467 | 24.150 | 24.550 | 26.475 | 27.142 | 27.625 | 27.725 | 27.675 | 28.192 | 29.017 | 29.417 | 29.408 | 29.650 | 29.817 | 29.908 | 30.200 | 30.450 | 31.150 | 32.533 | 33.625 | 35.075 | 37.208 | 39.508 | 40.950 | 42.467 | 45.233 | 50.133 | 53.867 | 56.792 | 60.692 | 65.300 | 73.600 | 85.300 | 93.217 | 96.992 | 99.758 | 103.250 | 106.842 | 108.333 | 111.617 | 115.858 | 122.008 | 128.283 | 132.967 | 135.758 | 139.425 | 143.825 | 148.367 | 152.383 | 156.150 | 159.608 | 163.767 | 169.525 | 174.333 | 178.683 | 182.467 | 185.267 | 190.558 | 196.400 | 199.972 | 204.845 | 203.252 | 204.981 | 211.465 | 215.956 | 219.414 | 221.791 | 218.868 | 222.063 | 226.578 | 232.145 | 235.218 | 237.613 | 247.441 | 267.749 | 282.320 | 291.742 | 297.226 |