According to the U.S. Bureau of Labor Statistics, prices in Detroit, Michigan are 1,998.54% higher in 2025 versus 1940 (a $126,341,655,768.42 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, $6,321,703,715 in Detroit in the year 1940 would cost $132,663,359,483.42 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.75% 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 $6,321,703,715 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 | $6,321,703,715.00 | 0.59% |
| 1941 | $6,717,276,674.73 | 6.26% |
| 1942 | $7,459,908,929.33 | 11.06% |
| 1943 | $7,866,677,350.19 | 5.45% |
| 1944 | $7,971,168,320.68 | 1.33% |
| 1945 | $8,183,882,082.05 | 2.67% |
| 1946 | $8,896,659,773.65 | 8.71% |
| 1947 | $10,139,355,958.47 | 13.97% |
| 1948 | $10,956,624,620.57 | 8.06% |
| 1949 | $10,814,815,446.32 | -1.29% |
| 1950 | $10,993,942,824.32 | 1.66% |
| 1951 | $11,855,993,330.91 | 7.84% |
| 1952 | $12,154,538,960.89 | 2.52% |
| 1953 | $12,370,984,542.64 | 1.78% |
| 1954 | $12,415,766,387.13 | 0.36% |
| 1955 | $12,393,375,464.88 | -0.18% |
| 1956 | $12,624,748,328.13 | 1.87% |
| 1957 | $12,994,198,545.24 | 2.93% |
| 1958 | $13,173,325,923.23 | 1.38% |
| 1959 | $13,169,594,102.85 | -0.03% |
| 1960 | $13,277,816,893.72 | 0.82% |
| 1961 | $13,352,453,301.22 | 0.56% |
| 1962 | $13,393,503,325.35 | 0.31% |
| 1963 | $13,524,117,038.47 | 0.98% |
| 1964 | $13,636,071,649.71 | 0.83% |
| 1965 | $13,949,544,561.20 | 2.30% |
| 1966 | $14,569,026,743.42 | 4.44% |
| 1967 | $15,057,895,212.53 | 3.36% |
| 1968 | $15,707,231,957.75 | 4.31% |
| 1969 | $16,662,577,973.72 | 6.08% |
| 1970 | $17,692,560,397.18 | 6.18% |
| 1971 | $18,338,165,322.02 | 3.65% |
| 1972 | $19,017,356,630.25 | 3.70% |
| 1973 | $20,256,320,994.70 | 6.51% |
| 1974 | $22,450,631,375.11 | 10.83% |
| 1975 | $24,122,486,903.05 | 7.45% |
| 1976 | $25,432,355,854.62 | 5.43% |
| 1977 | $27,178,847,790.05 | 6.87% |
| 1978 | $29,242,544,457.34 | 7.59% |
| 1979 | $32,959,437,550.70 | 12.71% |
| 1980 | $38,198,913,356.99 | 15.90% |
| 1981 | $41,744,142,713.10 | 9.28% |
| 1982 | $43,434,657,342.91 | 4.05% |
| 1983 | $44,673,621,707.36 | 2.85% |
| 1984 | $46,237,254,444.42 | 3.50% |
| 1985 | $47,845,669,025.98 | 3.48% |
| 1986 | $48,513,664,873.08 | 1.40% |
| 1987 | $49,984,002,100.77 | 3.03% |
| 1988 | $51,883,498,671.57 | 3.80% |
| 1989 | $54,637,582,108.21 | 5.31% |
| 1990 | $57,447,642,850.48 | 5.14% |
| 1991 | $59,544,925,901.15 | 3.65% |
| 1992 | $60,795,085,726.72 | 2.10% |
| 1993 | $62,437,086,691.66 | 2.70% |
| 1994 | $64,407,487,849.58 | 3.16% |
| 1995 | $66,441,329,953.87 | 3.16% |
| 1996 | $68,240,067,374.55 | 2.71% |
| 1997 | $69,926,850,183.98 | 2.47% |
| 1998 | $71,475,555,639.55 | 2.21% |
| 1999 | $73,337,734,006.60 | 2.61% |
| 2000 | $75,916,421,885.62 | 3.52% |
| 2001 | $78,069,682,241.91 | 2.84% |
| 2002 | $80,017,692,477.59 | 2.50% |
| 2003 | $81,711,938,927.77 | 2.12% |
| 2004 | $82,965,830,573.72 | 1.53% |
| 2005 | $85,335,536,511.75 | 2.86% |
| 2006 | $87,951,542,594.52 | 3.07% |
| 2007 | $89,551,187,398.20 | 1.82% |
| 2008 | $91,733,369,362.40 | 2.44% |
| 2009 | $91,019,882,624.93 | -0.78% |
| 2010 | $91,794,347,307.32 | 0.85% |
| 2011 | $94,697,964,786.38 | 3.16% |
| 2012 | $96,708,856,195.37 | 2.12% |
| 2013 | $98,257,487,014.53 | 1.60% |
| 2014 | $99,322,100,731.07 | 1.08% |
| 2015 | $98,012,940,825.37 | -1.32% |
| 2016 | $99,444,093,939.12 | 1.46% |
| 2017 | $101,466,031,536.42 | 2.03% |
| 2018 | $103,958,999,501.43 | 2.46% |
| 2019 | $105,335,033,628.25 | 1.32% |
| 2020 | $106,407,670,758.60 | 1.02% |
| 2021 | $110,808,457,253.84 | 4.14% |
| 2022 | $119,902,978,143.77 | 8.21% |
| 2023 | $126,428,178,023.81 | 5.44% |
| 2024 | $130,647,374,139.62 | 3.34% |
| 2025 | $132,663,359,483.42 | 1.54%* |
* 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 | 296.244 |