According to the U.S. Bureau of Labor Statistics, prices in Detroit, Michigan are 649.83% higher in 2025 versus 1970 (a $1,124,198,408.56 difference in value).
Between 1970 and 2025: Detroit experienced an average inflation rate of 3.73% per year. This rate of change indicates significant inflation. In other words, $173,000,000 in Detroit in the year 1970 would cost $1,297,198,408.56 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.92% during this same period, inflation in Detroit was lower.
In the year 1970: Pricing changed by 6.18%, which is above the average yearly change in Detroit during the 1970-2025 time period. Compared to inflation for all items in 1970 (5.83%), inflation in Detroit was higher.
Below are calculations of equivalent buying power in Detroit, over time, for $173,000,000 beginning in 1970. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 1970 | $173,000,000.00 | 6.18% |
| 1971 | $179,312,803.21 | 3.65% |
| 1972 | $185,954,018.14 | 3.70% |
| 1973 | $198,068,761.86 | 6.51% |
| 1974 | $219,524,994.73 | 10.83% |
| 1975 | $235,872,600.72 | 7.45% |
| 1976 | $248,680,658.09 | 5.43% |
| 1977 | $265,758,067.92 | 6.87% |
| 1978 | $285,937,144.06 | 7.59% |
| 1979 | $322,281,375.24 | 12.71% |
| 1980 | $373,513,604.72 | 15.90% |
| 1981 | $408,179,287.07 | 9.28% |
| 1982 | $424,709,344.02 | 4.05% |
| 1983 | $436,824,087.75 | 2.85% |
| 1984 | $452,113,478.17 | 3.50% |
| 1985 | $467,840,750.90 | 3.48% |
| 1986 | $474,372,495.25 | 1.40% |
| 1987 | $488,749,630.88 | 3.03% |
| 1988 | $507,323,138.58 | 3.80% |
| 1989 | $534,252,900.23 | 5.31% |
| 1990 | $561,730,014.76 | 5.14% |
| 1991 | $582,237,502.64 | 3.65% |
| 1992 | $594,461,716.94 | 2.10% |
| 1993 | $610,517,401.39 | 2.70% |
| 1994 | $629,784,222.74 | 3.16% |
| 1995 | $649,671,377.35 | 3.16% |
| 1996 | $667,259,649.86 | 2.71% |
| 1997 | $683,753,216.62 | 2.47% |
| 1998 | $698,896,646.28 | 2.21% |
| 1999 | $717,105,252.06 | 2.61% |
| 2000 | $742,319,974.69 | 3.52% |
| 2001 | $763,374,815.44 | 2.84% |
| 2002 | $782,422,695.63 | 2.50% |
| 2003 | $798,989,242.78 | 2.12% |
| 2004 | $811,249,947.27 | 1.53% |
| 2005 | $834,421,219.15 | 2.86% |
| 2006 | $860,000,843.70 | 3.07% |
| 2007 | $875,642,364.48 | 1.82% |
| 2008 | $896,980,004.22 | 2.44% |
| 2009 | $890,003,444.42 | -0.78% |
| 2010 | $897,576,253.95 | 0.85% |
| 2011 | $925,968,177.60 | 3.16% |
| 2012 | $945,630,917.53 | 2.12% |
| 2013 | $960,773,617.38 | 1.60% |
| 2014 | $971,183,539.34 | 1.08% |
| 2015 | $958,382,415.10 | -1.32% |
| 2016 | $972,376,403.71 | 1.46% |
| 2017 | $992,147,154.61 | 2.03% |
| 2018 | $1,016,523,697.53 | 2.46% |
| 2019 | $1,029,978,726.01 | 1.32% |
| 2020 | $1,040,467,101.88 | 1.02% |
| 2021 | $1,083,498,525.63 | 4.14% |
| 2022 | $1,172,425,853.20 | 8.21% |
| 2023 | $1,236,230,048.51 | 5.44% |
| 2024 | $1,277,485,859.52 | 3.34% |
| 2025 | $1,297,198,408.56 | 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 |