According to the U.S. Bureau of Labor Statistics, prices in Detroit, Michigan are 641.26% higher in 2025 versus 1970 (a $2,745,952,210.84 difference in value).
Between 1970 and 2025: Detroit experienced an average inflation rate of 3.71% per year. This rate of change indicates significant inflation. In other words, $428,214,478 in Detroit in the year 1970 would cost $3,174,166,688.84 in 2025 for an equivalent purchase. Compared to the overall inflation rate of 3.90% 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 $428,214,478 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 | $428,214,478.00 | 6.18% |
1971 | $443,840,106.49 | 3.65% |
1972 | $460,278,628.96 | 3.70% |
1973 | $490,265,384.22 | 6.51% |
1974 | $543,374,456.79 | 10.83% |
1975 | $583,838,512.08 | 7.45% |
1976 | $615,541,376.83 | 5.43% |
1977 | $657,811,863.17 | 6.87% |
1978 | $707,759,681.42 | 7.59% |
1979 | $797,719,947.20 | 12.71% |
1980 | $924,531,406.20 | 15.90% |
1981 | $1,010,336,880.60 | 9.28% |
1982 | $1,051,252,543.65 | 4.05% |
1983 | $1,081,239,298.91 | 2.85% |
1984 | $1,119,084,029.20 | 3.50% |
1985 | $1,158,012,618.11 | 3.48% |
1986 | $1,174,180,175.91 | 1.40% |
1987 | $1,209,766,867.40 | 3.03% |
1988 | $1,255,740,537.36 | 3.80% |
1989 | $1,322,397,842.73 | 5.31% |
1990 | $1,390,409,971.38 | 5.14% |
1991 | $1,441,170,683.60 | 3.65% |
1992 | $1,471,428,403.52 | 2.10% |
1993 | $1,511,169,886.40 | 2.70% |
1994 | $1,558,859,665.85 | 3.16% |
1995 | $1,608,084,911.69 | 3.16% |
1996 | $1,651,619,899.75 | 2.71% |
1997 | $1,692,445,241.25 | 2.47% |
1998 | $1,729,928,685.33 | 2.21% |
1999 | $1,774,999,139.77 | 2.61% |
2000 | $1,837,411,332.20 | 3.52% |
2001 | $1,889,526,867.70 | 2.84% |
2002 | $1,936,674,717.84 | 2.50% |
2003 | $1,977,680,702.44 | 2.12% |
2004 | $2,008,028,743.91 | 1.53% |
2005 | $2,065,382,929.43 | 2.86% |
2006 | $2,128,698,337.38 | 3.07% |
2007 | $2,167,414,670.64 | 1.82% |
2008 | $2,220,230,198.17 | 2.44% |
2009 | $2,202,961,620.64 | -0.78% |
2010 | $2,221,706,052.33 | 0.85% |
2011 | $2,291,982,542.29 | 3.16% |
2012 | $2,340,652,310.58 | 2.12% |
2013 | $2,378,133,948.22 | 1.60% |
2014 | $2,403,900,880.58 | 1.08% |
2015 | $2,372,215,176.92 | -1.32% |
2016 | $2,406,853,492.11 | 1.46% |
2017 | $2,455,790,612.20 | 2.03% |
2018 | $2,516,128,118.57 | 2.46% |
2019 | $2,549,432,384.44 | 1.32% |
2020 | $2,575,393,508.13 | 1.02% |
2021 | $2,681,906,101.53 | 4.14% |
2022 | $2,902,021,530.17 | 8.21% |
2023 | $3,059,951,473.48 | 5.44% |
2024 | $3,162,069,020.16 | 3.34% |
2025 | $3,174,166,688.84 | 0.38%* |
* 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 | 292.858 |