According to the U.S. Bureau of Labor Statistics, prices in Chicago, Illinois are 1,610.06% higher in 2025 versus 1945 (a $4,926,795,536.48 difference in value).
Between 1945 and 2025: Chicago experienced an average inflation rate of 3.61% per year. This rate of change indicates significant inflation. In other words, $306,000,000 in Chicago in the year 1945 would cost $5,232,795,536.48 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.66% 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 1945-2025 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 $306,000,000 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 | $306,000,000.00 | 2.14% |
1946 | $333,287,553.65 | 8.92% |
1947 | $387,133,047.21 | 16.16% |
1948 | $420,841,201.72 | 8.71% |
1949 | $420,403,433.48 | -0.10% |
1950 | $424,635,193.13 | 1.01% |
1951 | $458,051,502.15 | 7.87% |
1952 | $467,974,248.93 | 2.17% |
1953 | $472,060,085.84 | 0.87% |
1954 | $479,064,377.68 | 1.48% |
1955 | $482,274,678.11 | 0.67% |
1956 | $488,987,124.46 | 1.39% |
1957 | $504,892,703.86 | 3.25% |
1958 | $520,214,592.27 | 3.03% |
1959 | $524,446,351.93 | 0.81% |
1960 | $531,742,489.27 | 1.39% |
1961 | $534,369,098.71 | 0.49% |
1962 | $539,914,163.09 | 1.04% |
1963 | $545,313,304.72 | 1.00% |
1964 | $547,502,145.92 | 0.40% |
1965 | $554,798,283.26 | 1.33% |
1966 | $571,433,476.39 | 3.00% |
1967 | $586,317,596.57 | 2.60% |
1968 | $611,124,463.52 | 4.23% |
1969 | $644,540,772.53 | 5.47% |
1970 | $681,459,227.47 | 5.73% |
1971 | $708,309,012.88 | 3.94% |
1972 | $728,446,351.93 | 2.84% |
1973 | $774,120,171.67 | 6.27% |
1974 | $855,982,832.62 | 10.57% |
1975 | $923,545,064.38 | 7.89% |
1976 | $967,759,656.65 | 4.79% |
1977 | $1,028,609,442.06 | 6.29% |
1978 | $1,118,060,085.84 | 8.70% |
1979 | $1,257,562,231.76 | 12.48% |
1980 | $1,438,944,206.01 | 14.42% |
1981 | $1,576,695,278.97 | 9.57% |
1982 | $1,684,240,343.35 | 6.82% |
1983 | $1,751,364,806.87 | 3.99% |
1984 | $1,817,467,811.16 | 3.77% |
1985 | $1,886,051,502.15 | 3.77% |
1986 | $1,925,450,643.78 | 2.09% |
1987 | $2,004,832,618.03 | 4.12% |
1988 | $2,083,193,133.05 | 3.91% |
1989 | $2,188,549,356.22 | 5.06% |
1990 | $2,306,163,090.13 | 5.37% |
1991 | $2,399,699,570.82 | 4.06% |
1992 | $2,470,034,334.76 | 2.93% |
1993 | $2,546,206,008.58 | 3.08% |
1994 | $2,601,948,497.85 | 2.19% |
1995 | $2,684,686,695.28 | 3.18% |
1996 | $2,756,480,686.70 | 2.67% |
1997 | $2,831,922,746.78 | 2.74% |
1998 | $2,888,978,540.77 | 2.01% |
1999 | $2,948,806,866.95 | 2.07% |
2000 | $3,043,510,729.61 | 3.21% |
2001 | $3,122,746,781.12 | 2.60% |
2002 | $3,172,506,437.77 | 1.59% |
2003 | $3,230,875,536.48 | 1.84% |
2004 | $3,303,107,296.14 | 2.24% |
2005 | $3,403,064,377.68 | 3.03% |
2006 | $3,472,815,450.64 | 2.05% |
2007 | $3,586,505,321.89 | 3.27% |
2008 | $3,721,653,133.05 | 3.77% |
2009 | $3,677,167,124.46 | -1.20% |
2010 | $3,727,516,309.01 | 1.37% |
2011 | $3,829,319,313.30 | 2.73% |
2012 | $3,887,465,150.21 | 1.52% |
2013 | $3,931,949,699.57 | 1.14% |
2014 | $4,000,636,995.71 | 1.75% |
2015 | $3,988,809,957.08 | -0.30% |
2016 | $4,015,240,944.21 | 0.66% |
2017 | $4,090,704,892.70 | 1.88% |
2018 | $4,162,409,871.24 | 1.75% |
2019 | $4,223,249,442.06 | 1.46% |
2020 | $4,270,389,785.41 | 1.12% |
2021 | $4,450,510,987.12 | 4.22% |
2022 | $4,786,664,463.52 | 7.55% |
2023 | $4,945,896,824.03 | 3.33% |
2024 | $5,117,072,961.37 | 3.46% |
2025 | $5,232,795,536.48 | 2.26%* |
* 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 | 298.834 |