S&P 500: $100 in 1916 → $2,706,079.32 in 2022

$

Stock market returns since 1916

If you invested $100 in the S&P 500 at the beginning of 1916, you would have about $2,706,079.32 at the end of 2022, assuming you reinvested all dividends. This is a return on investment of 2,705,979.32%, or 10.02% per year.

This lump-sum investment beats inflation during this period for an inflation-adjusted return of about 98,876.77% cumulatively, or 6.67% per year.

If you used dollar-cost averaging (monthly) instead of a lump-sum investment, you'd have $2,669,981.89.

The graph below shows the performance of $100 over time if invested in an S&P 500 index fund. The returns assume that all dividends are automatically reinvested.

This chart shows the rate of gains and loss by month, including dividends:

Adjusting stock market return for inflation

The nominal return on investment of $100 is $2,705,979.32, or 2,705,979.32%. This means by 2022 you would have $2,706,079.32 in your pocket.

However, it's important to take into account the effect of inflation when considering an investment and especially a long-term investment. You can convert S&P returns to their real (inflation-adjusted) value using an inflation calculation based on the U.S. Bureau of Labor Statistics Consumer Price Index (CPI).

In the case of the returns described above, the CPI in 1916 was 10.900 and the CPI in 2022 was 298.012.

The ratio between these CPIs describes how relative buying power of a dollar has changed over 106 years.

Adjusted for inflation, the $2,706,079.32 nominal end value of the original $100 investment would have a real return of roughly $98,876.77 in 1916 dollars. This means the inflation-adjusted return is 98,876.77% as opposed to the original 2,705,979.32%.

For more information on inflation, see our U.S. inflation calculator for 1916.

Full monthly data

The table below shows the full dataset pertaining to a $100 investment, including gains and losses over the 1282-month period between 1916 and 2022.

Note that data shown is the monthly average closing price. Returns include dividends.

YearMonthReturn (%)Amount ($)CPI
19161-1.00%99.0010.40
191620.08%99.0810.40
19163-0.67%98.4210.50
191642.64%101.0210.60
191651.41%102.4410.70
19166-0.95%101.4710.80
191671.22%102.7010.80
191684.55%107.3710.90
191693.55%111.1911.10
1916102.75%114.2511.30
191611-3.57%110.1711.50
191612-1.87%108.1111.60
19171-5.15%102.5511.70
191723.64%106.2812.00
19173-0.97%105.2412.00
19174-2.83%102.2612.60
191752.61%104.9312.80
19176-2.19%102.6313.00
19177-2.36%100.2212.80
19178-4.17%96.0313.00
19179-4.74%91.4813.30
191710-7.61%84.5213.50
191711-2.61%82.3213.50
1917126.87%87.9713.70
191813.84%91.3514.00
19182-1.27%90.1914.10
19183-0.21%90.0114.00
191843.94%93.5514.20
191850.85%94.3514.50
191861.51%95.7814.70
191871.62%97.3315.10
191880.14%97.4715.40
191894.91%102.2515.70
1918103.17%105.4916.00
191811-1.39%104.0316.30
191812-0.03%104.0016.50
191910.98%105.0216.50
191923.64%108.8416.20
191933.90%113.0916.40
191947.47%121.5316.70
191953.19%125.4116.90
191963.75%130.1216.90
19197-6.25%121.9817.40
191982.09%124.5317.70
191995.60%131.5117.80
191910-2.48%128.2418.10
191911-2.45%125.1018.50
191912-0.51%124.4518.90
19201-7.77%114.7919.30
192027.58%123.4819.50
19203-0.30%123.1119.70
19204-5.77%116.0020.30
19205-1.20%114.6220.60
192060.42%115.1020.90
19207-3.37%111.2220.80
192084.12%115.8020.30
192090.67%116.5820.00
192010-4.53%111.2919.90
192011-8.39%101.9619.80
1920125.03%107.0819.40
19211-0.11%106.9719.00
19212-1.96%104.8718.40
192131.04%105.9618.30
192143.63%109.8118.10
19215-7.43%101.6517.70
192160.31%101.9717.60
19217-0.61%101.3417.70
192183.10%104.4817.70
192191.96%106.5317.50
1921105.96%112.8717.50
1921114.09%117.4917.40
1921120.39%117.9417.30
192212.72%121.1516.90
192224.28%126.3316.90
192236.58%134.6516.70
192244.38%140.5516.70
19225-0.47%139.8916.70
192261.19%141.5516.70
192274.24%147.5516.80
192283.07%152.0816.60
192292.67%156.1316.60
192210-4.52%149.0816.70
1922110.25%149.4616.80
1922121.85%152.2216.90
192314.75%159.4516.80
192322.08%162.7716.80
19233-3.04%157.8116.80
19234-4.25%151.1016.90
19235-3.31%146.1016.90
19236-2.84%141.9617.00
192371.04%143.4317.20
192381.16%145.0817.10
19239-0.94%143.7317.20
1923103.54%148.8117.30
1923113.92%154.6417.30
1923123.79%160.5017.30
192410.95%162.0317.30
19242-1.42%159.7417.20
19243-1.79%156.8917.10
192440.17%157.1617.00
192452.42%160.9617.00
192465.16%169.2617.00
192473.93%175.9217.10
19248-0.48%175.0717.00
19249-0.81%173.6617.10
1924106.08%184.2317.20
1924115.87%195.0417.20
1924124.58%203.9817.30
192511.29%206.6117.30
19252-2.19%202.0917.20
19253-0.61%200.8617.30
192543.67%208.2317.20
192552.24%212.8917.30
192563.22%219.7517.50
192571.79%223.6817.70
192582.74%229.8117.70
192593.73%238.3817.70
1925103.53%246.7817.70
1925112.04%251.8118.00
1925121.93%256.6617.90
192610.56%258.0917.90
19262-6.38%241.6217.90
19263-2.35%235.9317.80
192641.15%238.6517.90
192655.22%251.1017.80
192664.66%262.7917.70
192674.39%274.3317.50
192681.94%279.6717.40
19269-1.83%274.5317.50
1926101.74%279.3117.60
1926112.71%286.8617.70
192612-0.24%286.1717.70
192712.37%292.9617.50
192721.97%298.7217.40
192732.88%307.3217.30
192743.87%319.2117.30
192751.70%324.6517.40
192762.62%333.1717.60
192775.73%352.2417.30
192786.06%373.6017.20
19279-1.17%369.2417.30
1927102.66%379.0517.40
1927112.72%389.3517.30
1927120.77%392.3417.30
19281-0.83%389.0917.30
192825.75%411.4517.10
192836.66%438.8617.10
192843.44%453.9417.10
19285-4.57%433.2117.20
192861.09%437.9417.10
192873.59%453.6717.10
192887.37%487.1217.10
192892.36%498.6117.30
1928107.08%533.9217.20
1928110.70%537.6317.20
1928127.69%578.9917.10
192910.81%583.6817.10
192922.05%595.6517.10
19293-0.30%593.8617.00
192941.80%604.5316.90
192952.20%617.8417.00
192969.20%674.6817.10
192975.96%714.8717.30
192984.24%745.2117.30
19299-10.32%668.2717.30
192910-26.19%493.2517.30
1929114.37%514.8217.30
1929121.83%524.2217.20
193016.64%559.0117.10
193024.12%582.0517.00
193036.69%620.9816.90
19304-5.65%585.8817.00
19305-9.77%528.6516.90
19306-1.76%519.3416.80
19307-0.90%514.6916.60
193080.34%516.4616.50
19309-13.37%447.4016.60
193010-6.80%416.9816.50
193011-6.19%391.1816.40
1930123.56%405.0916.10
193118.14%438.0615.90
193122.38%448.4915.70
19313-9.08%407.7715.60
19314-9.16%370.4215.50
19315-2.68%360.4915.30
193163.86%374.4015.10
19317-2.49%365.0915.10
19318-14.37%312.6315.10
19319-12.75%272.7715.00
1931102.05%278.3814.90
193111-18.10%227.9914.70
193112-0.85%226.0614.60
19321-0.05%225.9514.30
193221.14%228.5314.10
19323-23.22%175.4514.00
19324-11.31%155.6013.90
19325-12.39%136.3213.70
193266.18%144.7513.60
1932751.35%219.0813.60
1932810.37%241.7913.50
19329-13.22%209.8413.40
193210-0.34%209.1313.30
193211-2.64%203.6113.20
1932124.57%212.9213.10
19331-11.27%188.9312.90
193320.33%189.5612.70
1933311.24%210.8712.60
1933429.32%272.7012.60
1933517.58%320.6412.60
193368.46%347.7712.70
19337-4.64%331.6313.10
19338-0.48%330.0313.20
19339-9.38%299.0813.20
1933102.80%307.4613.20
1933112.32%314.6013.20
1933126.08%333.7413.20
193417.75%359.6013.20
19342-4.80%342.3513.30
193432.02%349.2613.30
19344-9.83%314.9413.30
193451.70%320.3013.30
19346-4.36%306.3513.40
19347-3.51%295.5813.40
19348-2.01%289.6513.40
193491.21%293.1513.60
1934103.21%302.5613.50
1934111.06%305.7613.50
1934120.40%307.0013.40
19351-2.62%298.9613.60
19352-5.93%281.2313.70
193537.94%303.5513.70
193548.27%328.6413.80
193554.17%342.3613.80
193565.60%361.5313.70
193577.10%387.2213.70
193582.43%396.6413.70
193592.99%408.4813.70
1935109.71%448.1513.70
1935110.29%449.4713.80
1935125.82%475.6313.80
193616.03%504.3213.80
193622.41%516.4913.80
193630.41%518.6313.70
19364-5.02%492.5913.70
193654.57%515.1213.70
193666.23%547.2413.80
193672.30%559.8113.90
193681.44%567.9014.00
193695.55%599.4214.00
1936103.10%618.0114.00
193611-1.40%609.3614.00
1936123.46%630.4314.00
193713.30%651.2514.10
193720.23%652.7514.10
19373-5.62%616.0314.20
19374-4.09%590.8614.30
19375-3.34%571.1414.40
193766.39%607.6514.40
193771.44%616.3814.50
19378-13.76%531.5514.50
19379-14.10%456.6214.60
193710-8.27%418.8714.60
193711-1.02%414.6014.50
1937123.24%428.0214.40
19381-1.80%420.3114.20
19382-6.02%395.0114.10
19383-3.44%381.4114.10
193841.56%387.3414.20
193852.93%398.7114.10
1938620.49%480.3914.10
193871.06%485.4714.10
19388-4.08%465.6414.10
1938911.62%519.7314.10
1938100.47%522.1614.00
193811-2.55%508.8414.00
193812-1.16%502.9214.00
19391-0.46%500.6214.00
193920.27%501.9613.90
19393-12.24%440.5113.90
193944.10%458.5613.80
193952.17%468.5113.80
193962.84%481.8013.80
19397-1.07%476.6613.80
1939811.06%529.3613.80
193991.38%536.6814.10
193910-1.41%529.1214.00
193911-1.97%518.6814.00
193912-0.15%517.9114.00
19401-0.23%516.7313.90
19402-0.15%515.9814.00
194031.42%523.3114.00
19404-13.34%453.4914.00
19405-8.09%416.7814.00
194063.87%432.9114.10
194072.65%444.3814.00
194084.76%465.5214.00
194091.47%472.3514.00
1940102.85%485.8114.00
194011-3.59%468.3714.00
1940120.72%471.7514.10
19411-5.72%444.7414.10
194121.18%449.9814.10
19413-2.55%438.5214.20
19414-1.59%431.5614.30
194154.11%449.2814.40
194165.71%474.9414.70
194170.08%475.3014.70
194180.86%479.4014.90
19419-3.43%462.9415.10
194110-4.08%444.0315.30
194111-5.88%417.9215.40
1941122.62%428.8515.50
19421-2.48%418.2215.70
19422-4.76%398.3015.80
19423-3.45%384.5516.00
194241.87%391.7416.10
194255.75%414.2616.30
194264.38%432.4116.30
194270.05%432.6016.40
194281.66%439.7916.50
194297.97%474.8416.50
1942102.15%485.0716.70
1942111.06%490.1916.80
1942126.50%522.0816.90
194316.43%555.6616.90
194324.01%577.9716.90
194333.79%599.8617.20
194344.36%626.0317.40
194352.18%639.6817.50
194362.47%655.4917.50
19437-4.54%625.7417.40
194382.55%641.7217.30
19439-0.50%638.5017.40
194310-4.21%611.6517.40
1943111.77%622.4717.40
1943123.67%645.2917.40
19441-0.24%643.7217.40
194423.24%664.5817.40
19443-1.31%655.8817.40
194442.20%670.3317.50
194455.14%704.8017.50
194463.02%726.0817.60
19447-1.06%718.4117.70
19448-1.23%709.6117.70
194492.88%730.0717.70
194410-0.28%728.0017.70
1944112.60%746.9317.70
1944123.38%772.2117.80
194513.73%801.0417.80
194520.31%803.5617.80
194532.90%826.8717.80
194544.16%861.2817.80
194552.19%880.1217.90
19456-1.70%865.1918.10
194570.71%871.3118.10
194587.18%933.8618.10
194594.51%976.0218.10
1945103.61%1,011.2118.10
1945112.02%1,031.6918.10
1945124.30%1,076.0418.20
194610.59%1,082.3418.20
19462-2.68%1,053.3618.10
194636.77%1,124.6618.30
194640.52%1,130.4918.40
19465-0.34%1,126.6618.50
19466-2.55%1,097.9618.70
19467-1.62%1,080.1319.80
19468-14.42%924.3520.20
19469-1.87%907.0520.40
194610-0.01%906.9320.80
1946113.39%937.7121.30
1946120.92%946.3421.50
194714.27%986.7421.50
19472-3.67%950.5021.50
19473-3.30%919.1521.90
19474-1.36%906.6321.90
194753.92%942.1821.90
194766.69%1,005.2422.00
19477-1.56%989.5722.20
19478-2.17%968.1322.50
194793.03%997.4323.00
194710-0.73%990.1523.00
194711-1.12%979.0423.10
194712-0.86%970.5723.40
19481-4.45%927.4023.70
194821.92%945.1923.50
194838.19%1,022.5823.40
194845.33%1,077.0823.80
194854.59%1,126.4923.90
19486-1.96%1,104.4524.10
19487-2.49%1,076.9624.40
19488-0.68%1,069.6624.50
194893.19%1,103.7724.50
194810-5.10%1,047.4724.40
194811-0.16%1,045.8124.20
1948121.63%1,062.8524.10
19491-3.33%1,027.4824.00
194921.49%1,042.8123.80
194930.41%1,047.1223.80
19494-0.18%1,045.2123.90
19495-4.91%993.8623.80
194966.26%1,056.1123.90
194974.17%1,100.1523.70
194981.87%1,120.7423.80
194993.14%1,155.9523.90
1949101.95%1,178.4623.70
1949113.24%1,216.6623.80
1949122.63%1,248.6623.60
195012.52%1,280.1623.50
195021.38%1,297.7623.50
195033.39%1,341.7123.60
195043.91%1,394.2323.60
195052.16%1,424.4123.70
19506-6.72%1,328.6423.80
195076.64%1,416.8324.10
195084.11%1,475.0424.30
195094.72%1,544.6824.40
1950100.38%1,550.4924.60
1950110.19%1,553.5124.70
1950128.01%1,677.9825.00
195114.31%1,750.2825.40
19512-1.11%1,730.8125.70
195131.93%1,764.1625.80
195140.63%1,775.2425.80
19515-1.15%1,754.9225.90
195162.37%1,796.4525.90
195174.97%1,885.6525.90
195183.14%1,944.7825.90
195190.03%1,945.3326.10
195110-2.25%1,901.4926.20
1951113.61%1,970.2026.40
1951123.83%2,045.7326.50
19521-1.33%2,018.4826.50
195220.75%2,033.6226.30
195230.20%2,037.7426.30
195240.46%2,047.1126.40
195253.24%2,113.5426.40
195263.37%2,184.7026.50
195270.88%2,203.9426.70
19528-1.11%2,179.5026.70
19529-1.61%2,144.3926.70
1952103.67%2,223.0426.70
1952114.51%2,323.2726.70
1952120.99%2,346.2526.70
19531-0.77%2,328.1026.60
195320.96%2,350.3826.50
19533-4.47%2,245.2526.60
195341.00%2,267.7726.60
19535-3.11%2,197.2926.70
195361.91%2,239.3426.80
195370.90%2,259.4726.80
19538-4.11%2,166.6826.90
195393.52%2,242.8726.90
1953102.71%2,303.6127.00
1953111.84%2,345.9326.90
1953123.02%2,416.8626.90
195412.68%2,481.5526.90
195422.58%2,545.6326.90
195434.45%2,658.9226.90
195444.42%2,776.5226.80
195451.22%2,810.4726.90
195464.46%2,935.7526.90
195472.39%3,006.0426.90
195482.74%3,088.3926.90
195492.71%3,172.1126.80
1954104.30%3,308.5826.80
1954114.95%3,472.4726.80
1954122.17%3,547.7726.70
195513.70%3,679.2026.70
19552-0.44%3,663.1526.70
195533.81%3,802.6526.70
19554-0.08%3,799.6526.70
195556.15%4,033.1526.70
195567.64%4,341.4426.70
19557-0.30%4,328.4526.80
195584.82%4,536.9326.80
19559-4.72%4,322.5626.90
1955107.07%4,628.0026.90
1955111.24%4,685.2626.90
195512-2.39%4,573.3826.80
195610.95%4,616.8126.80
195627.21%4,949.5026.80
195631.48%5,022.8926.80
19564-2.84%4,880.3126.90
19565-0.26%4,867.5327.00
195665.75%5,147.3527.20
19567-0.28%5,132.7027.40
19568-3.09%4,974.1627.30
19569-0.95%4,926.7227.40
195610-0.71%4,891.6227.50
1956111.81%4,980.1127.50
195612-1.86%4,887.3527.60
19571-4.00%4,692.0627.60
195721.62%4,768.1027.70
195732.64%4,894.1727.80
195744.16%5,097.7727.90
195751.95%5,197.3928.00
195762.32%5,318.0828.10
19577-5.21%5,041.2728.30
19578-3.74%4,852.7528.30
19579-5.90%4,566.6128.30
195710-1.80%4,484.3928.30
1957110.32%4,498.6528.40
1957122.33%4,603.4128.40
195810.70%4,635.7228.60
195822.42%4,747.8628.60
195830.90%4,790.4228.80
195843.56%4,960.8528.90
195852.74%5,096.5428.90
195863.07%5,253.0528.90
195874.05%5,466.0229.00
195882.94%5,626.9328.90
195894.36%5,872.2028.90
1958103.33%6,067.5328.90
1958112.16%6,198.7329.00
1958124.25%6,462.4728.90
19591-1.27%6,380.7229.00
195922.81%6,559.7728.90
195931.94%6,686.8028.90
195941.77%6,804.8529.00
19595-0.61%6,763.5929.00
195964.23%7,049.5329.10
19597-0.32%7,027.0829.20
19598-3.70%6,766.8529.20
195990.18%6,778.8129.30
1959100.67%6,824.1629.40
1959113.46%7,060.4929.40
195912-1.49%6,955.5929.40
19601-3.61%6,704.5529.30
19602-1.08%6,632.2629.40
196031.58%6,737.3329.40
19604-0.62%6,695.2629.50
196053.99%6,962.2729.50
19606-2.20%6,809.3729.60
196071.49%6,910.8929.60
19608-2.72%6,722.8629.60
19609-1.67%6,610.3229.60
1960103.54%6,844.3829.80
1960112.69%7,028.5429.80
1960125.43%7,409.9829.80
196114.37%7,734.1029.80
196123.40%7,996.8329.80
196132.92%8,230.2629.80
196141.26%8,334.2329.80
19615-1.08%8,244.2129.80
19616-0.03%8,241.9029.80
196173.84%8,558.3130.00
19618-0.54%8,511.9529.90
196191.34%8,626.2730.00
1961104.77%9,037.9230.00
1961111.16%9,143.0330.00
196112-3.49%8,824.2030.00
196211.91%8,992.7030.00
196220.34%9,023.3630.10
19623-2.94%8,757.6330.10
19624-7.19%8,128.3930.20
19625-11.41%7,200.7130.20
196262.72%7,396.3830.20
196273.02%7,619.9830.30
19628-0.59%7,574.7730.30
19629-2.86%7,358.4130.40
1962107.20%7,888.2730.40
1962114.62%8,253.0130.40
1962124.15%8,595.2430.40
196311.60%8,732.3830.40
19632-0.11%8,722.9230.40
196334.98%9,157.1630.50
196342.27%9,364.9930.50
196350.22%9,385.2830.50
19636-1.22%9,270.6030.60
196373.03%9,551.6130.70
196382.89%9,827.9930.70
196390.50%9,877.1230.70
196310-0.31%9,846.8430.80
1963112.39%10,082.5130.80
1963123.33%10,418.2830.90
196411.48%10,572.4630.90
196422.07%10,791.4230.90
196431.69%10,974.1330.90
196441.22%11,108.0530.90
19645-0.35%11,069.1030.90
196463.96%11,507.5531.00
19647-1.23%11,366.5131.10
196481.97%11,589.9131.00
196491.97%11,818.2531.10
1964100.94%11,928.9831.10
196411-1.49%11,751.2031.20
1964122.82%12,082.6831.20
196510.98%12,200.4931.20
196520.34%12,241.4431.20
196531.56%12,432.1131.30
196541.73%12,647.5131.40
19655-4.51%12,077.4431.40
196560.10%12,089.8731.60
196572.12%12,346.0031.60
196583.60%12,789.9831.60
196592.50%13,109.3231.60
1965101.08%13,250.3831.70
196511-0.21%13,222.3431.70
1965121.98%13,484.2031.80
19661-0.43%13,426.1631.80
19662-3.86%12,907.6032.00
196633.32%13,336.2532.10
19664-5.01%12,668.4332.30
19665-0.56%12,597.5532.30
196660.02%12,599.8632.40
19667-5.77%11,872.9232.50
19668-3.22%11,490.0432.70
19669-0.56%11,425.1932.70
1966105.32%12,032.5632.90
1966110.72%12,118.6932.90
1966124.13%12,619.2232.90
196713.73%13,089.9232.90
196722.63%13,434.6832.90
196731.99%13,702.3633.00
196742.06%13,984.3133.10
19675-0.99%13,845.6133.20
196761.99%14,121.4733.30
196771.85%14,382.9533.40
196781.65%14,620.8333.50
196790.10%14,635.0833.60
196710-2.88%14,213.3333.70
1967113.11%14,655.6133.80
196712-0.02%14,653.0533.90
19681-4.26%14,029.2734.10
19682-1.56%13,810.5234.20
196837.66%14,868.6534.30
196842.56%15,248.9434.40
196852.94%15,697.3734.50
196860.05%15,705.0534.70
19687-1.93%15,401.3234.90
196883.51%15,941.5535.00
196892.72%16,374.7135.10
1968101.79%16,667.1335.30
1968111.29%16,881.3535.40
196812-3.99%16,208.6135.50
19691-0.24%16,169.9435.60
19692-1.91%15,860.4835.80
196932.27%16,221.1936.10
196943.51%16,791.1236.30
19695-4.97%15,956.3836.40
19696-4.21%15,285.3636.60
19697-0.28%15,242.0136.80
196980.63%15,337.8137.00
196991.35%15,544.3237.10
1969101.00%15,699.3737.30
196911-5.03%14,910.0837.50
196912-0.59%14,822.2637.70
19701-3.20%14,348.5337.80
197022.01%14,637.2638.00
19703-2.75%14,235.0738.20
19704-11.20%12,640.8838.50
19705-0.27%12,606.7638.60
197060.52%12,672.6438.80
197073.26%13,085.2439.00
197086.32%13,912.3939.00
197092.49%14,258.7439.20
1970100.21%14,288.2239.40
1970117.16%15,311.0239.60
1970124.11%15,940.4139.80
197114.15%16,602.1139.80
197122.83%17,072.2539.90
197133.67%17,699.4640.00
19714-1.11%17,503.3840.10
19715-1.60%17,224.0540.30
19716-0.46%17,144.3140.60
19717-1.52%16,884.2140.70
197182.49%17,304.0240.80
19719-1.86%16,981.5340.80
197110-4.37%16,239.1740.90
1971117.16%17,402.4840.90
1971124.42%18,172.1241.10
197212.09%18,551.3641.10
197222.62%19,037.3341.30
197231.26%19,277.0041.40
19724-0.78%19,127.4341.50
197250.52%19,226.1441.60
19726-0.50%19,129.2741.70
197273.78%19,853.0641.90
19728-1.21%19,612.7542.00
197290.42%19,694.6242.10
1972105.25%20,729.4142.30
1972112.31%21,208.5842.40
1972120.99%21,418.4142.50
19731-3.33%20,706.2242.60
19732-1.35%20,427.6542.90
19733-1.63%20,094.0043.30
19734-2.57%19,577.6443.60
19735-1.99%19,188.0843.90
197361.21%19,420.3044.20
19737-1.64%19,102.7044.30
197382.00%19,483.8545.10
197394.24%20,309.0645.20
197310-6.85%18,917.3145.60
197311-6.81%17,629.9345.90
1973121.70%17,929.7146.20
19741-2.47%17,486.3446.60
197424.57%18,286.2747.20
19743-4.82%17,405.4947.80
19744-2.71%16,934.5548.00
197450.46%17,011.9848.60
19746-11.35%15,081.6649.00
19747-3.76%14,513.8749.40
19748-10.01%13,060.5150.00
197492.38%13,370.9550.60
1974103.74%13,871.4851.10
197411-6.09%13,026.4651.50
1974128.63%14,151.0051.90
1975110.81%15,680.3852.10
197524.97%16,460.2652.50
197531.49%16,705.0352.70
197546.71%17,826.3852.90
197552.89%18,342.3953.20
197560.43%18,421.6253.60
19757-7.00%17,132.8054.20
19758-0.85%16,986.7154.30
197594.97%17,831.1754.60
1975102.04%18,195.2354.90
197511-1.18%17,980.5955.30
1975129.55%19,696.8955.50
197614.18%20,519.8555.60
197620.80%20,684.5055.80
197631.10%20,911.0955.90
19764-0.38%20,830.9456.10
197650.90%21,018.5456.50
197662.67%21,578.7656.80
19767-0.56%21,457.7957.10
197682.44%21,980.9057.40
19769-3.11%21,297.6957.60
197610-0.37%21,219.6057.90
1976113.79%22,023.0858.00
197612-0.54%21,904.7758.20
19771-2.37%21,385.9358.50
19772-0.05%21,374.3459.10
19773-1.19%21,119.2059.50
197740.06%21,132.8260.00
197750.90%21,322.9760.30
197761.28%21,596.4260.70
19777-2.08%21,147.5261.00
19778-1.18%20,898.9661.20
19779-2.20%20,439.6361.40
1977100.98%20,640.1761.60
197711-0.08%20,623.6361.90
197712-3.39%19,924.4262.10
19781-0.97%19,730.7662.50
197820.27%19,783.1762.90
197834.83%20,738.7063.40
197845.50%21,880.2263.90
197850.67%22,027.6064.50
19786-0.06%22,013.8865.20
197877.33%23,627.0965.70
197880.40%23,721.5266.00
19789-2.77%23,063.6066.50
197810-5.44%21,809.4967.10
1978111.92%22,228.8567.40
1978124.19%23,159.1967.70
19791-1.06%22,914.4168.30
197922.34%23,450.8769.10
197932.43%24,020.9469.80
19794-1.89%23,566.2270.60
197952.42%24,135.9671.50
197961.42%24,478.9072.30
197975.01%25,706.3573.10
197981.54%26,102.3573.80
19799-3.35%25,227.2674.60
197910-0.32%25,145.9275.20
1979114.40%26,253.3475.90
1979123.31%27,122.9876.70
198014.40%28,315.2677.80
19802-8.78%25,829.8078.90
19803-1.16%25,529.6480.10
198045.04%26,815.3581.00
198056.86%28,655.6081.80
198064.97%30,079.6382.70
198073.50%31,133.8382.70
198082.84%32,016.7283.30
198093.32%33,081.2184.00
1980104.61%34,607.8084.80
198011-1.24%34,177.0185.50
1980120.01%34,180.4386.30
19811-3.07%33,131.0387.00
198124.14%34,503.7487.90
198131.29%34,950.1588.50
19814-1.62%34,384.9189.10
198150.86%34,679.8089.80
19816-2.02%33,980.5690.60
198170.80%34,253.2891.60
19818-8.30%31,409.3492.30
198191.73%31,951.8593.20
1981103.04%32,924.3893.40
1981111.18%33,312.6893.70
198112-4.80%31,712.3094.00
19821-1.91%31,105.3694.30
19822-2.74%30,251.6694.60
198235.47%31,906.2294.50
198240.57%32,087.9794.90
19825-5.27%30,396.7495.80
198260.24%30,470.8697.00
198270.79%30,712.7997.50
1982812.10%34,427.9397.70
198298.88%37,485.6197.90
1982104.50%39,172.4398.20
1982111.36%39,703.4198.00
1982123.93%41,262.0797.60
198312.13%42,140.9697.80
198323.87%43,769.9697.90
198334.20%45,607.1697.90
198344.42%47,624.8398.60
198351.75%48,459.9399.20
198360.71%48,803.0999.50
19837-2.41%47,628.3199.90
198383.31%49,206.63100.20
198390.65%49,525.45100.70
198310-1.14%48,960.16101.00
198311-0.13%48,897.43101.20
1983121.58%49,668.02101.30
19841-5.11%47,128.90101.90
198420.44%47,337.38102.40
198430.51%47,577.48102.60
19844-0.25%47,457.31103.10
19845-1.85%46,580.15103.40
19846-0.91%46,157.00103.70
198479.21%50,406.47104.10
198481.41%51,115.67104.50
19849-0.41%50,904.87105.00
1984101.29%51,559.45105.30
198411-0.71%51,194.64105.30
1984124.70%53,599.55105.30
198515.79%56,701.54105.50
19852-0.48%56,430.33106.00
198531.02%57,008.58106.40
198542.74%58,568.13106.90
198552.51%60,038.75107.30
198562.25%61,387.95107.60
19857-1.85%60,255.16107.80
19858-1.88%59,119.35108.00
198591.50%60,003.52108.30
1985106.42%63,856.05108.70
1985115.29%67,236.92109.00
1985120.75%67,742.36109.30
198615.70%71,601.81109.60
198626.18%76,028.79109.30
198632.74%78,113.06108.80
198640.49%78,497.24108.60
198653.13%80,956.75108.90
19866-1.80%79,496.36109.50
198672.28%81,309.55109.50
19868-2.46%79,312.40109.70
19869-0.09%79,241.12110.20
1986103.53%82,040.67110.30
1986111.71%83,442.69110.40
1986126.67%89,011.14110.50
198716.46%94,762.93111.20
198724.38%98,910.14111.60
19873-0.86%98,063.06112.10
198740.17%98,232.55112.70
198754.50%102,651.48113.10
198763.12%105,856.36113.50
198776.45%112,688.34113.80
19878-3.03%109,273.41114.40
19879-11.85%96,320.26115.00
198710-12.30%84,469.58115.30
198711-1.33%83,342.17115.40
1987124.25%86,881.33115.40
198813.33%89,773.23115.70
198823.23%92,674.76116.00
19883-0.89%91,853.63116.50
19884-2.19%89,843.63117.10
198856.00%95,232.63117.50
19886-0.31%94,940.34118.00
19887-1.72%93,308.81118.50
198881.93%95,107.03119.00
198893.80%98,722.63119.80
198810-2.02%96,728.19120.20
1988112.33%98,978.04120.30
1988123.51%102,454.80120.50
198913.30%105,835.66121.10
19892-0.16%105,664.57121.60
198933.56%109,431.30122.30
198944.12%113,934.72123.10
198953.39%117,800.10123.80
198962.80%121,098.71124.10
198974.69%126,779.15124.40
198980.46%127,356.68124.60
198990.29%127,721.24125.00
198910-1.81%125,404.95125.60
1989112.74%128,836.92125.90
198912-2.21%125,988.04126.10
19901-2.53%122,804.09127.40
199022.71%126,128.60128.00
199030.20%126,375.80128.70
199043.85%131,242.44128.90
199053.17%135,402.77129.20
199060.17%135,632.58129.90
19907-7.86%124,970.19130.40
19908-4.34%119,545.16131.60
19909-2.32%116,776.77132.70
1990102.98%120,261.17133.50
1990114.59%125,777.08133.80
199012-0.69%124,915.29133.80
1991111.61%139,413.93134.60
199123.04%143,658.55134.80
199132.26%146,903.55135.00
19914-0.18%146,640.77135.20
199150.35%147,149.63135.60
199160.78%148,298.11136.00
199172.68%152,270.92136.20
19918-0.30%151,809.39136.60
199190.18%152,085.14137.20
1991100.02%152,109.16137.40
1991110.94%153,531.60137.80
1991127.36%164,828.49137.90
19921-0.60%163,838.13138.10
19922-1.01%162,179.47138.60
199230.26%162,608.11139.30
199242.07%165,971.42139.50
19925-1.33%163,765.45139.70
199261.91%166,896.87140.20
199270.94%168,468.57140.50
199280.38%169,105.70140.90
19929-1.18%167,106.77141.30
1992102.76%171,713.74141.80
1992113.27%177,330.84142.00
1992120.14%177,584.24141.90
199311.72%180,646.23142.60
199322.15%184,530.40143.10
19933-1.34%182,054.47143.60
199340.72%183,373.86144.00
199350.87%184,960.38144.20
199360.06%185,073.21144.40
199371.76%188,335.07144.40
199381.35%190,886.95144.80
199391.24%193,257.59145.10
1993100.01%193,272.17145.70
1993110.89%194,986.84145.80
1993121.74%198,371.58145.80
19941-0.08%198,221.41146.20
19942-1.42%195,399.10146.70
19943-3.35%188,860.31147.20
199441.06%190,858.91147.40
199451.11%192,973.80147.50
19946-0.52%191,972.51148.00
199473.08%197,889.25148.40
199480.82%199,506.93149.00
19949-0.44%198,621.10149.40
199410-0.37%197,886.44149.50
199411-1.03%195,856.70149.70
1994122.45%200,657.49149.70
199513.82%208,320.79150.30
199522.56%213,649.99150.90
199533.22%220,520.02151.40
199543.35%227,902.50151.90
199553.18%235,146.20152.20
199563.55%243,487.97152.50
199570.51%244,737.36152.50
199583.72%253,835.88152.90
199590.91%256,152.30153.20
1995102.36%262,193.36153.70
1995113.39%271,079.45153.60
1995120.16%271,520.17153.50
199615.90%287,551.79154.40
19962-0.20%286,974.68154.90
199630.20%287,540.14155.70
199642.35%294,311.21156.30
199651.28%298,074.26156.60
19966-3.48%287,711.51156.70
199673.08%296,560.81157.00
199682.02%302,562.39157.30
199694.12%315,026.44157.80
1996105.05%330,941.83158.30
1996111.20%334,907.27158.60
1996123.26%345,817.01158.60
199714.36%360,898.65159.10
19972-0.62%358,647.78159.60
19973-3.41%346,434.94160.00
199749.22%378,368.73160.20
199755.34%398,561.61160.10
199765.74%421,422.80160.30
199770.35%422,888.46160.50
199781.19%427,929.33160.80
199791.65%434,970.37161.20
199710-1.15%429,959.32161.60
1997112.63%441,287.10161.50
1997120.24%442,333.34161.30
199816.40%470,652.22161.60
199825.31%495,657.38161.90
199833.41%512,537.86162.20
19984-0.22%511,400.75162.50
199850.12%511,996.32162.80
199864.47%534,870.60163.00
19987-6.97%497,584.73163.20
19988-4.90%473,210.79163.40
199891.29%479,319.27163.60
19981010.97%531,921.61164.00
1998114.10%553,752.23164.00
1998125.05%581,703.91163.90
19991-0.07%581,315.85164.30
199922.92%598,310.68164.50
199934.25%623,739.01165.00
19994-0.10%623,122.56166.20
19995-0.61%619,310.50166.20
199964.52%647,318.12166.20
19997-3.77%622,885.84166.70
19998-0.60%619,160.88167.10
19999-1.27%611,282.23167.90
1999107.11%654,719.64168.20
1999112.81%673,108.95168.30
199912-0.12%672,308.41168.30
20001-2.48%655,648.09168.80
200023.94%681,486.87169.80
200031.42%691,195.78171.20
20004-2.84%671,574.16171.30
200053.16%692,819.27171.50
200060.85%698,710.61172.40
200070.94%705,276.47172.80
20008-1.08%697,661.95172.80
20009-5.21%661,284.25173.70
200010-0.77%656,175.41174.00
200011-3.32%634,389.90174.10
2000120.46%637,276.42174.00
20011-2.14%623,662.55175.10
20012-9.08%567,034.60175.80
200130.45%569,578.85176.20
200146.88%608,762.07176.90
20015-2.39%594,220.86177.70
20016-2.66%578,413.24178.00
20017-2.05%566,579.83177.50
20018-11.25%502,854.76177.50
200193.18%518,865.81178.30
2001105.05%545,084.86177.70
2001111.47%553,076.07177.40
200112-0.30%551,429.63176.70
20021-3.35%532,941.46177.10
200224.95%559,296.86177.80
20023-3.51%539,640.75178.80
20024-2.82%524,420.88179.80
20025-5.92%493,370.14179.80
20026-10.76%440,290.91179.90
200271.14%445,304.91180.10
20028-4.76%424,118.50180.70
20029-1.37%418,320.62181.00
2002106.63%446,036.77181.30
200211-1.04%441,420.02181.30
200212-0.22%440,437.78180.90
20031-6.41%412,184.42181.70
200321.31%417,575.37183.10
200335.29%439,647.82184.20
200345.31%463,002.84183.80
200355.70%489,413.38183.50
200360.60%492,329.80183.70
20037-0.17%491,510.93183.90
200383.16%507,048.48184.60
200392.03%517,330.56185.20
2003101.21%523,593.29185.00
2003113.06%539,635.20184.50
2003124.93%566,265.99184.30
200411.09%572,419.39185.20
20042-1.57%563,459.90186.20
200430.97%568,914.96187.40
20044-2.56%554,326.54188.00
200452.86%570,167.40189.10
20046-2.24%557,402.61189.70
20047-1.39%549,668.26189.40
200482.78%564,963.46189.50
200490.10%565,543.09189.90
2004104.77%592,541.53190.90
2004112.73%608,702.78191.00
200412-1.35%600,490.03190.30
200511.68%610,585.51190.70
20052-0.26%609,024.93191.80
20053-2.41%594,354.01193.30
200541.34%602,293.82194.60
200552.18%615,428.02194.40
200561.81%626,553.67194.50
200570.31%628,496.10195.40
200580.28%630,253.95196.40
20059-2.62%613,714.70198.80
2005103.96%638,027.27199.20
2005112.14%651,707.41197.60
2005121.47%661,266.46196.80
20061-0.02%661,156.42198.30
200621.49%670,982.12198.70
200630.80%676,338.78199.80
20064-0.79%671,018.46201.50
20065-2.71%652,862.09202.50
200660.72%657,562.96202.90
200672.29%672,632.72203.50
200682.53%689,658.22203.90
200693.62%714,595.66202.90
2006102.00%728,899.32201.80
2006112.15%744,558.01201.50
2006120.69%749,716.50201.80
200711.60%761,682.34202.42
20072-2.47%742,839.15203.50
200734.18%773,891.75205.35
200743.39%800,140.25206.69
200750.34%802,899.95207.95
200760.57%807,513.57208.35
20077-4.20%773,589.05208.30
200783.07%797,374.93207.92
200792.99%821,229.46208.49
200710-4.81%781,758.63208.94
2007111.24%791,438.53210.18
200712-6.64%738,925.02210.04
20081-1.56%727,368.48211.08
20082-2.63%708,263.16211.69
200834.24%738,320.45213.53
200842.56%757,240.68214.82
20085-4.25%725,083.84216.63
20086-6.08%681,009.82218.82
200872.11%695,382.77219.96
20088-4.85%661,673.84219.09
20089-20.19%528,058.17218.78
200810-8.61%482,616.93216.57
200811-0.35%480,921.89212.43
200812-1.10%475,653.12210.23
20091-6.70%443,772.44211.14
20092-5.69%418,533.17212.19
2009312.32%470,103.78212.71
200946.66%501,411.85213.24
200952.87%515,796.66213.86
200961.28%522,386.69215.69
200978.12%564,808.39215.35
200983.65%585,425.83215.83
200992.40%599,494.25215.97
2009102.09%612,049.61216.18
2009112.23%625,672.96216.33
2009121.36%634,163.14215.95
20101-2.90%615,782.09216.69
201025.94%652,378.24216.74
201034.09%679,047.01217.63
20104-5.88%639,102.77218.01
20105-3.54%616,455.76218.18
20106-0.16%615,475.14217.97
201070.86%620,790.45218.01
201083.37%641,718.26218.31
201094.58%671,092.51218.44
2010102.49%687,808.85218.71
2010113.71%713,352.25218.80
2010123.46%738,049.89219.18
201113.15%761,304.83220.22
20112-1.11%752,835.61221.31
201132.22%769,555.96223.47
201140.66%774,629.15224.91
20115-3.66%746,257.58225.96
201163.10%769,404.51225.72
20117-10.40%689,381.47225.92
20118-0.79%683,940.56226.55
201193.02%704,588.08226.89
2011101.77%717,039.01226.42
2011111.55%728,187.19226.23
2011124.78%763,013.16225.67
201214.16%794,774.41226.67
201222.88%817,694.41227.66
20123-0.04%817,381.97229.39
20124-3.09%792,117.08230.09
20125-1.15%782,988.64229.82
201262.92%805,860.42229.48
201273.39%833,160.56229.10
201283.02%858,331.72230.38
20129-0.22%856,467.98231.41
201210-2.84%832,165.76231.32
2012112.18%850,269.82230.22
2012124.27%886,565.80229.60
201312.33%907,249.58230.28
201322.72%931,949.03232.17
201331.45%945,497.63232.77
201344.57%988,747.24232.53
20135-1.12%977,695.27232.95
201363.25%1,009,514.14233.50
201370.25%1,012,063.45233.60
201381.19%1,024,131.97233.88
201392.12%1,045,818.48234.15
2013103.86%1,086,187.01233.55
2013111.52%1,102,715.10233.07
2013120.97%1,113,387.26233.05
20141-0.13%1,111,939.46233.92
201422.72%1,142,209.45234.78
201430.20%1,144,513.56236.29
201441.53%1,162,047.90237.07
201453.20%1,199,190.65237.90
201461.50%1,217,128.40238.34
20147-0.43%1,211,931.86238.25
201481.78%1,233,480.42237.85
20149-2.65%1,200,835.33238.03
2014105.71%1,269,350.82237.43
2014110.63%1,277,397.08236.15
201412-1.11%1,263,217.39234.81
201512.83%1,298,933.57233.71
201520.06%1,299,652.71234.72
201530.88%1,311,068.98236.12
201540.98%1,323,903.09236.60
20155-0.44%1,318,137.49237.81
20156-0.08%1,317,087.85238.64
20157-2.42%1,285,156.41238.65
20158-4.51%1,227,233.18238.32
201594.32%1,280,214.30237.95
2015102.93%1,317,756.20237.84
201511-1.10%1,303,221.75237.34
201512-6.42%1,219,559.84236.53
20161-0.55%1,212,853.37236.92
201626.36%1,290,023.93237.11
201632.83%1,326,547.86238.13
20164-0.30%1,322,510.31239.26
201651.07%1,336,614.75240.23
201663.30%1,380,688.81241.02
201671.20%1,397,246.82240.63
20168-0.44%1,391,117.50240.85
20169-0.51%1,384,078.71241.43
2016101.20%1,400,703.71241.73
2016113.95%1,455,974.98241.35
2016121.44%1,476,906.58241.43
201712.58%1,514,958.27242.84
201721.75%1,541,458.78243.60
20173-0.15%1,539,084.87243.80
201741.69%1,565,131.93244.52
201751.78%1,592,935.37244.73
201760.99%1,608,671.73244.96
201770.25%1,612,658.10244.79
201781.65%1,639,319.58245.52
201792.73%1,684,151.68246.82
2017101.59%1,710,922.43246.66
2017112.88%1,760,256.65246.67
2017124.86%1,845,838.53246.52
20181-2.89%1,792,554.96247.87
201820.06%1,793,712.56248.99
20183-1.66%1,763,865.69249.55
201841.96%1,798,466.05250.55
201852.11%1,836,467.10251.59
201861.58%1,865,496.90251.99
201872.45%1,911,216.59252.01
201881.68%1,943,320.21252.15
20189-3.85%1,868,522.08252.44
201810-2.08%1,829,729.54252.89
201811-5.56%1,727,950.61252.04
2018121.74%1,757,941.55251.23
201915.83%1,860,410.25251.71
201921.95%1,896,651.45252.78
201933.72%1,967,267.95254.20
20194-1.53%1,937,133.57255.55
201951.40%1,964,345.43256.09
201963.83%2,039,527.69256.14
20197-3.13%1,975,600.45256.57
201983.09%2,036,552.21256.56
201990.01%2,036,751.85256.76
2019104.43%2,127,055.16257.35
2019112.47%2,179,578.95257.21
2019123.35%2,252,516.33256.97
202010.12%2,255,266.13257.97
20202-18.92%1,828,621.45258.68
202034.32%1,907,592.56258.12
202045.89%2,019,899.50256.39
202056.51%2,151,360.05256.39
202063.48%2,226,150.68257.80
202075.89%2,357,348.98259.10
20208-0.63%2,342,568.34259.92
202091.73%2,383,001.10260.28
2020103.95%2,477,227.74260.39
2020114.26%2,582,759.64260.23
2020122.80%2,654,955.51260.47
202112.49%2,721,104.49261.58
202120.82%2,743,454.49263.01
202136.02%2,908,651.22264.88
202140.76%2,930,763.70267.05
202151.81%2,983,822.92269.20
202163.07%3,075,372.62271.70
202172.19%3,142,574.48273.00
20218-0.08%3,139,919.05273.57
202190.45%3,154,117.01274.31
2021104.74%3,303,771.79276.59
2021110.27%3,312,540.12277.95
202112-2.05%3,244,568.36278.80
20221-2.90%3,150,392.49281.15
20222-0.89%3,122,272.61283.72
202230.12%3,125,966.31287.50
20224-7.87%2,879,867.41289.11
20225-3.37%2,782,833.60292.30
202260.46%2,795,765.02296.31
202276.45%2,976,019.00296.28
20228-7.28%2,759,442.07296.17
20229-3.09%2,674,142.88296.81
2022101.19%2,706,079.32298.01
Click to show 1266 more rows

Remember, returns are based on the average closing price across the entire month. Some losses are offset by dividend returns.

Dollar-cost averaging

Dollar-cost averaging is an alternative to investing the full lump-sum of $100.00 up-front. Instead, the capital is invested over a period of time.

Consider a strategy in which $100.00 was invested in the S&P 500 over a period of no more than 24 months beginning in 1916. This would result in a final amount of $2,669,981.89, including dividend reinvestments. In this particular case, dollar-cost average returns are less than the returns of a lump-sum investment (which ends with $2,706,079.32).

YearMonthContribution ($)Amount ($)
191614.164.10
191624.168.25
191634.1612.31
191644.1616.89
191654.1621.33
191664.1625.23
191674.1629.72
191684.1635.41
191694.1640.95
1916104.1646.34
1916114.1648.68
1916124.1651.83
191714.1653.09
191724.1659.31
191734.1662.83
191744.1665.07
191754.1671.01
191764.1673.50
191774.1675.81
191784.1676.60
191794.1676.90
1917104.1674.86
1917114.1676.93
1917124.3286.80
19181-90.13
19182-88.99
19183-88.81
19184-92.31
19185-93.09
19186-94.50
19187-96.03
19188-96.17
19189-100.89
191810-104.08
191811-102.64
191812-102.61
19191-103.62
19192-107.39
19193-111.58
19194-119.91
19195-123.73
19196-128.38
19197-120.36
19198-122.87
19199-129.76
191910-126.53
191911-123.43
191912-122.79
19201-113.25
19202-121.84
19203-121.47
19204-114.46
19205-113.09
19206-113.56
19207-109.73
19208-114.25
19209-115.02
192010-109.81
192011-100.60
192012-105.66
19211-105.54
19212-103.47
19213-104.55
19214-108.35
19215-100.29
19216-100.61
19217-99.99
19218-103.09
19219-105.11
192110-111.36
192111-115.92
192112-116.37
19221-119.54
19222-124.65
19223-132.85
19224-138.67
19225-138.02
19226-139.66
19227-145.58
19228-150.05
19229-154.05
192210-147.09
192211-147.46
192212-150.19
19231-157.33
19232-160.59
19233-155.71
19234-149.08
19235-144.15
19236-140.06
19237-141.51
19238-143.15
19239-141.81
192310-146.82
192311-152.58
192312-158.36
19241-159.87
19242-157.61
19243-154.79
19244-155.06
19245-158.81
19246-167.00
19247-173.57
19248-172.74
19249-171.34
192410-181.77
192411-192.44
192412-201.26
19251-203.85
19252-199.39
19253-198.18
19254-205.45
19255-210.05
19256-216.82
19257-220.69
19258-226.75
19259-235.20
192510-243.49
192511-248.45
192512-253.23
19261-254.65
19262-238.39
19263-232.78
19264-235.47
19265-247.75
19266-259.28
19267-270.67
19268-275.94
19269-270.87
192610-275.58
192611-283.04
192612-282.35
19271-289.06
19272-294.74
19273-303.22
19274-314.95
19275-320.31
19276-328.72
19277-347.54
19278-368.62
19279-364.32
192710-373.99
192711-384.16
192712-387.11
19281-383.90
19282-405.96
19283-433.01
19284-447.88
19285-427.43
19286-432.10
19287-447.62
19288-480.62
19289-491.96
192810-526.80
192811-530.46
192812-571.26
19291-575.90
19292-587.71
19293-585.94
19294-596.46
19295-609.60
19296-665.68
19297-705.34
19298-735.27
19299-659.36
192910-486.67
192911-507.95
192912-517.23
19301-551.55
19302-574.29
19303-612.70
19304-578.07
19305-521.59
19306-512.41
19307-507.82
19308-509.57
19309-441.43
193010-411.42
193011-385.96
193012-399.69
19311-432.22
19312-442.51
19313-402.33
19314-365.47
19315-355.68
19316-369.40
19317-360.22
19318-308.46
19319-269.14
193110-274.66
193111-224.95
193112-223.04
19321-222.94
19322-225.48
19323-173.11
19324-153.53
19325-134.50
19326-142.82
19327-216.16
19328-238.57
19329-207.04
193210-206.34
193211-200.90
193212-210.08
19331-186.41
19332-187.03
19333-208.06
19334-269.06
19335-316.37
19336-343.14
19337-327.21
19338-325.62
19339-295.09
193310-303.36
193311-310.40
193312-329.29
19341-354.80
19342-337.78
19343-344.60
19344-310.74
19345-316.03
19346-302.26
19347-291.64
19348-285.78
19349-289.23
193410-298.52
193411-301.68
193412-302.90
19351-294.97
19352-277.48
19353-299.50
19354-324.26
19355-337.79
19356-356.71
19357-382.05
19358-391.35
19359-403.03
193510-442.17
193511-443.47
193512-469.29
19361-497.60
19362-509.60
19363-511.71
19364-486.02
19365-508.25
19366-539.94
19367-552.35
19368-560.32
19369-591.42
193610-609.77
193611-601.23
193612-622.02
19371-642.56
19372-644.04
19373-607.81
19374-582.98
19375-563.52
19376-599.55
19377-608.16
19378-524.46
19379-450.52
193710-413.29
193711-409.07
193712-422.31
19381-414.70
19382-389.74
19383-376.32
19384-382.18
19385-393.39
19386-473.98
19387-478.99
19388-459.43
19389-512.80
193810-515.19
193811-502.05
193812-496.22
19391-493.94
19392-495.26
19393-434.64
19394-452.44
19395-462.26
19396-475.37
19397-470.30
19398-522.30
19399-529.52
193910-522.06
193911-511.76
193912-511.00
19401-509.84
19402-509.10
19403-516.33
19404-447.44
19405-411.22
19406-427.14
19407-438.45
19408-459.31
19409-466.05
194010-479.33
194011-462.12
194012-465.45
19411-438.81
19412-443.97
19413-432.67
19414-425.80
19415-443.28
19416-468.61
19417-468.96
19418-473.01
19419-456.76
194110-438.11
194111-412.34
194112-423.13
19421-412.64
19422-392.99
19423-379.42
19424-386.51
19425-408.73
19426-426.64
19427-426.83
19428-433.93
19429-468.51
194210-478.60
194211-483.65
194212-515.11
19431-548.25
19432-570.26
19433-591.86
19434-617.68
19435-631.14
19436-646.75
19437-617.39
19438-633.16
19439-629.99
194310-603.49
194311-614.17
194312-636.68
19441-635.13
19442-655.71
19443-647.13
19444-661.39
19445-695.40
19446-716.39
19447-708.83
19448-700.15
19449-720.34
194410-718.29
194411-736.97
194412-761.91
19451-790.35
19452-792.84
19453-815.84
19454-849.79
19455-868.38
19456-853.65
19457-859.69
19458-921.41
19459-963.00
194510-997.73
194511-1,017.93
194512-1,061.69
19461-1,067.90
19462-1,039.31
19463-1,109.66
19464-1,115.41
19465-1,111.63
19466-1,083.31
19467-1,065.72
19468-912.02
19469-894.95
194610-894.83
194611-925.20
194612-933.71
19471-973.58
19472-937.82
19473-906.89
19474-894.54
19475-929.61
19476-991.83
19477-976.37
19478-955.22
19479-984.13
194710-976.95
194711-965.98
194712-957.62
19481-915.02
19482-932.58
19483-1,008.94
19484-1,062.72
19485-1,111.46
19486-1,089.71
19487-1,062.60
19488-1,055.39
19489-1,089.04
194810-1,033.49
194811-1,031.86
194812-1,048.67
19491-1,013.78
19492-1,028.90
19493-1,033.15
19494-1,031.26
19495-980.60
19496-1,042.02
19497-1,085.47
19498-1,105.79
19499-1,140.53
194910-1,162.74
194911-1,200.43
194912-1,232.00
19501-1,263.08
19502-1,280.45
19503-1,323.81
19504-1,375.63
19505-1,405.41
19506-1,310.91
19507-1,397.93
19508-1,455.36
19509-1,524.07
195010-1,529.81
195011-1,532.78
195012-1,655.60
19511-1,726.94
19512-1,707.73
19513-1,740.62
19514-1,751.56
19515-1,731.51
19516-1,772.49
19517-1,860.49
19518-1,918.84
19519-1,919.38
195110-1,876.13
195111-1,943.92
195112-2,018.44
19521-1,991.56
19522-2,006.49
19523-2,010.56
19524-2,019.81
19525-2,085.35
19526-2,155.56
19527-2,174.54
19528-2,150.43
19529-2,115.79
195210-2,193.38
195211-2,292.28
195212-2,314.95
19531-2,297.04
19532-2,319.03
19533-2,215.30
19534-2,237.52
19535-2,167.98
19536-2,209.47
19537-2,229.33
19538-2,137.77
19539-2,212.95
195310-2,272.89
195311-2,314.63
195312-2,384.62
19541-2,448.44
19542-2,511.67
19543-2,623.46
19544-2,739.48
19545-2,772.98
19546-2,896.58
19547-2,965.94
19548-3,047.20
19549-3,129.80
195410-3,264.45
195411-3,426.14
195412-3,500.44
19551-3,630.12
19552-3,614.28
19553-3,751.92
19554-3,748.97
19555-3,979.35
19556-4,283.53
19557-4,270.71
19558-4,476.41
19559-4,264.90
195510-4,566.27
195511-4,622.76
195512-4,512.38
19561-4,555.22
19562-4,883.47
19563-4,955.88
19564-4,815.21
19565-4,802.60
19566-5,078.69
19567-5,064.23
19568-4,907.80
19569-4,861.00
195610-4,826.37
195611-4,913.68
195612-4,822.15
19571-4,629.47
19572-4,704.49
19573-4,828.88
19574-5,029.77
19575-5,128.06
19576-5,247.14
19577-4,974.02
19578-4,788.02
19579-4,505.69
195710-4,424.57
195711-4,438.64
195712-4,542.00
19581-4,573.88
19582-4,684.52
19583-4,726.52
19584-4,894.68
19585-5,028.56
19586-5,182.97
19587-5,393.11
19588-5,551.87
19589-5,793.87
195810-5,986.59
195811-6,116.05
195812-6,376.26
19591-6,295.60
19592-6,472.27
19593-6,597.60
19594-6,714.08
19595-6,673.37
19596-6,955.49
19597-6,933.34
19598-6,676.58
19599-6,688.38
195910-6,733.13
195911-6,966.31
195912-6,862.81
19601-6,615.11
19602-6,543.79
19603-6,647.46
19604-6,605.95
19605-6,869.40
19606-6,718.54
19607-6,818.70
19608-6,633.18
19609-6,522.14
196010-6,753.08
196011-6,934.78
196012-7,311.13
19611-7,630.93
19612-7,890.15
19613-8,120.47
19614-8,223.06
19615-8,134.23
19616-8,131.96
19617-8,444.14
19618-8,398.40
19619-8,511.20
196110-8,917.36
196111-9,021.07
196112-8,706.49
19621-8,872.74
19622-8,902.99
19623-8,640.81
19624-8,019.96
19625-7,104.66
19626-7,297.72
19627-7,518.33
19628-7,473.72
19629-7,260.25
196210-7,783.05
196211-8,142.92
196212-8,480.58
19631-8,615.89
19632-8,606.56
19633-9,035.01
19634-9,240.07
19635-9,260.09
19636-9,146.94
19637-9,424.19
19638-9,696.89
19639-9,745.37
196310-9,715.49
196311-9,948.02
196312-10,279.31
19641-10,431.43
19642-10,647.47
19643-10,827.74
19644-10,959.88
19645-10,921.45
19646-11,354.05
19647-11,214.89
19648-11,435.31
19649-11,660.61
196410-11,769.86
196411-11,594.45
196412-11,921.50
19651-12,037.75
19652-12,078.14
19653-12,266.28
19654-12,478.80
19655-11,916.34
19656-11,928.60
19657-12,181.32
19658-12,619.37
19659-12,934.45
196510-13,073.63
196511-13,045.96
196512-13,304.33
19661-13,247.06
19662-12,735.42
19663-13,158.36
19664-12,499.44
19665-12,429.50
19666-12,431.79
19667-11,714.54
19668-11,336.77
19669-11,272.78
196610-11,872.05
196611-11,957.03
196612-12,450.89
19671-12,915.31
19672-13,255.47
19673-13,519.58
19674-13,797.77
19675-13,660.92
19676-13,933.10
19677-14,191.09
19678-14,425.80
19679-14,439.85
196710-14,023.73
196711-14,460.12
196712-14,457.59
19681-13,842.13
19682-13,626.30
19683-14,670.31
19684-15,045.53
19685-15,487.97
19686-15,495.55
19687-15,195.88
19688-15,728.90
19689-16,156.29
196810-16,444.80
196811-16,656.16
196812-15,992.39
19691-15,954.24
19692-15,648.91
19693-16,004.81
19694-16,567.13
19695-15,743.53
19696-15,081.46
19697-15,038.69
19698-15,133.21
19699-15,336.97
196910-15,489.95
196911-14,711.19
196912-14,624.54
19701-14,157.13
19702-14,442.00
19703-14,045.18
19704-12,472.26
19705-12,438.60
19706-12,503.60
19707-12,910.69
19708-13,726.81
19709-14,068.54
197010-14,097.63
197011-15,106.78
197012-15,727.78
19711-16,380.65
19712-16,844.52
19713-17,463.36
19714-17,269.89
19715-16,994.29
19716-16,915.61
19717-16,658.98
19718-17,073.19
19719-16,755.00
197110-16,022.55
197111-17,170.35
197112-17,929.71
19721-18,303.90
19722-18,783.39
19723-19,019.85
19724-18,872.28
19725-18,969.68
19726-18,874.10
19727-19,588.23
19728-19,351.13
19729-19,431.90
197210-20,452.90
197211-20,925.67
197212-21,132.70
19731-20,430.01
19732-20,155.16
19733-19,825.96
19734-19,316.48
19735-18,932.12
19736-19,161.25
19737-18,847.88
19738-19,223.95
19739-20,038.15
197310-18,664.96
197311-17,394.76
197312-17,690.54
19741-17,253.08
19742-18,042.35
19743-17,173.31
19744-16,708.66
19745-16,785.05
19746-14,880.48
19747-14,320.27
19748-12,886.29
19749-13,192.59
197410-13,686.45
197411-12,852.69
197412-13,962.24
19751-15,471.21
19752-16,240.69
19753-16,482.20
19754-17,588.59
19755-18,097.71
19756-18,175.89
19757-16,904.26
19758-16,760.12
19759-17,593.31
197510-17,952.51
197511-17,740.74
197512-19,434.14
19761-20,246.13
19762-20,408.58
19763-20,632.15
19764-20,553.07
19765-20,738.17
19766-21,290.91
19767-21,171.55
19768-21,687.69
19769-21,013.59
197610-20,936.55
197611-21,729.31
197612-21,612.57
19771-21,100.65
19772-21,089.22
19773-20,837.48
19774-20,850.93
19775-21,038.54
19776-21,308.34
19777-20,865.42
19778-20,620.18
19779-20,166.98
197710-20,364.85
197711-20,348.53
197712-19,658.64
19781-19,467.56
19782-19,519.28
19783-20,462.06
19784-21,588.35
19785-21,733.76
19786-21,720.23
19787-23,311.92
19788-23,405.09
19789-22,755.95
197810-21,518.56
197811-21,932.33
197812-22,850.26
19791-22,608.74
19792-23,138.05
19793-23,700.52
19794-23,251.86
19795-23,814.01
19796-24,152.37
19797-25,363.45
19798-25,754.16
19799-24,890.74
197910-24,810.49
197911-25,903.14
197912-26,761.17
19801-27,937.55
19802-25,485.24
19803-25,189.09
19804-26,457.65
19805-28,273.36
19806-29,678.39
19807-30,718.52
19808-31,589.64
19809-32,639.92
198010-34,146.16
198011-33,721.11
198012-33,724.48
19811-32,689.08
19812-34,043.49
19813-34,483.94
19814-33,926.24
19815-34,217.19
19816-33,527.28
19817-33,796.36
19818-30,990.36
19819-31,525.64
198110-32,485.19
198111-32,868.31
198112-31,289.28
19821-30,690.44
19822-29,848.12
19823-31,480.61
19824-31,659.94
19825-29,991.26
19826-30,064.40
19827-30,303.10
19828-33,968.68
19829-36,985.57
198210-38,649.89
198211-39,173.79
198212-40,711.66
19831-41,578.82
19832-43,186.10
19833-44,998.79
19834-46,989.54
19835-47,813.50
19836-48,152.09
19837-46,992.98
19838-48,550.25
19839-48,864.82
198310-48,307.06
198311-48,245.17
198312-49,005.48
19841-46,500.23
19842-46,705.93
19843-46,942.82
19844-46,824.26
19845-45,958.80
19846-45,541.29
19847-49,734.08
19848-50,433.82
19849-50,225.83
198410-50,871.68
198411-50,511.74
198412-52,884.56
19851-55,945.18
19852-55,677.58
19853-56,248.12
19854-57,786.86
19855-59,237.87
19856-60,569.08
19857-59,451.39
19858-58,330.73
19859-59,203.11
198510-63,004.25
198511-66,340.02
198512-66,838.72
19861-70,646.69
19862-75,014.61
19863-77,071.08
19864-77,450.14
19865-79,876.84
19866-78,435.93
19867-80,224.94
19868-78,254.42
19869-78,184.09
198610-80,946.30
198611-82,329.62
198612-87,823.78
19871-93,498.85
19872-97,590.74
19873-96,754.96
19874-96,922.18
19875-101,282.17
19876-104,444.30
19877-111,185.15
19878-107,815.77
19879-95,035.41
198710-83,342.81
198711-82,230.44
198712-85,722.39
19881-88,575.71
19882-91,438.53
19883-90,628.36
19884-88,645.17
19885-93,962.29
19886-93,673.90
19887-92,064.13
19888-93,838.36
19889-97,405.73
198810-95,437.90
198811-97,657.74
198812-101,088.12
19891-104,423.88
19892-104,255.07
19893-107,971.55
19894-112,414.91
19895-116,228.72
19896-119,483.33
19897-125,087.99
19898-125,657.82
19899-126,017.52
198910-123,732.13
198911-127,118.31
198912-124,307.44
19901-121,165.96
19902-124,446.13
19903-124,690.02
19904-129,491.74
19905-133,596.58
19906-133,823.32
19907-123,303.17
19908-117,950.50
19909-115,219.04
199010-118,656.96
199011-124,099.29
199012-123,249.00
19911-137,554.23
19912-141,742.23
19913-144,943.95
19914-144,684.67
19915-145,186.75
19916-146,319.91
19917-150,239.72
19918-149,784.34
19919-150,056.42
199110-150,080.12
199111-151,483.58
199112-162,629.78
19921-161,652.63
19922-160,016.09
19923-160,439.02
19924-163,757.46
19925-161,580.92
19926-164,670.57
19927-166,221.30
19928-166,849.93
19929-164,877.67
199210-169,423.19
199211-174,965.36
199212-175,215.37
19931-178,236.52
19932-182,068.88
19933-179,625.98
19934-180,927.77
19935-182,493.12
19936-182,604.45
19937-185,822.79
19938-188,340.64
19939-190,679.65
199310-190,694.04
199311-192,385.84
199312-195,725.43
19941-195,577.26
19942-192,792.60
19943-186,341.03
19944-188,312.97
19945-190,399.65
19946-189,411.71
19947-195,249.53
19948-196,845.63
19949-195,971.62
199410-195,246.75
199411-193,244.09
199412-197,980.84
19951-205,541.92
19952-210,800.03
19953-217,578.42
19954-224,862.42
19955-232,009.50
19956-240,239.99
19957-241,472.72
19958-250,449.86
19959-252,735.39
199510-258,695.86
199511-267,463.42
199512-267,898.26
19961-283,716.03
19962-283,146.62
19963-283,704.54
19964-290,385.28
19965-294,098.13
19966-283,873.62
19967-292,604.87
19968-298,526.39
19969-310,824.18
199610-326,527.27
199611-330,439.81
199612-341,204.02
19971-356,084.49
19972-353,863.64
19973-341,813.71
19974-373,321.52
19975-393,245.04
19976-415,801.28
19977-417,247.39
19978-422,221.01
19979-429,168.13
199710-424,223.93
199711-435,400.60
199712-436,432.89
19981-464,374.01
19982-489,045.61
19983-505,700.92
19984-504,578.98
19985-505,166.60
19986-527,735.76
19987-490,947.26
19988-466,898.45
19989-472,925.44
199810-524,826.10
199811-546,365.51
199812-573,944.33
19991-573,561.46
19992-590,329.58
19993-615,418.72
19994-614,810.49
19995-611,049.28
19996-638,683.30
19997-614,576.93
19998-610,901.65
19999-603,128.11
199910-645,986.09
199911-664,130.09
199912-663,340.23
20001-646,902.14
20002-672,396.26
20003-681,975.65
20004-662,615.77
20005-683,577.49
20006-689,390.24
20007-695,868.51
20008-688,355.57
20009-652,463.13
200010-647,422.43
200011-625,927.53
200012-628,775.55
20011-615,343.28
20012-559,470.71
20013-561,981.02
20014-600,641.56
20015-586,294.32
20016-570,697.56
20017-559,022.01
20018-496,146.99
20019-511,944.46
200110-537,813.76
200111-545,698.38
200112-544,073.89
20021-525,832.35
20022-551,836.19
20023-532,442.28
20024-517,425.43
20025-486,788.88
20026-434,417.70
20027-439,364.81
20028-418,461.02
20029-412,740.48
200210-440,086.92
200211-435,531.75
200212-434,562.61
20031-406,686.13
20032-412,005.18
20033-433,783.19
20034-456,826.67
20035-482,884.91
20036-485,762.42
20037-484,954.48
20038-500,284.77
20039-510,429.69
200310-516,608.88
200311-532,436.80
200312-558,712.35
20041-564,783.66
20042-555,943.69
20043-561,325.98
20044-546,932.16
20045-562,561.72
20046-549,967.20
20047-542,336.02
20048-557,427.20
20049-557,999.09
200410-584,637.39
200411-600,583.06
200412-592,479.87
20051-602,440.68
20052-600,900.91
20053-586,425.70
20054-594,259.59
20055-607,218.59
20056-618,195.83
20057-620,112.35
20058-621,846.75
20059-605,528.12
200510-629,516.38
200511-643,014.03
200512-652,445.57
20061-652,337.00
20062-662,031.63
20063-667,316.84
20064-662,067.49
20065-644,153.31
20066-648,791.48
20067-663,660.21
20068-680,458.61
20069-705,063.40
200610-719,176.25
200611-734,626.06
200612-739,715.75
20071-751,521.96
20072-732,930.13
20073-763,568.51
20074-789,466.87
20075-792,189.76
20076-796,741.83
20077-763,269.85
20078-786,738.44
20079-810,274.77
200710-771,330.45
200711-780,881.22
200712-729,068.21
20081-717,665.84
20082-698,815.37
20083-728,471.71
20084-747,139.56
20085-715,411.66
20086-671,925.57
20087-686,106.79
20088-652,847.52
20089-521,014.20
200810-476,179.12
200811-474,506.69
200812-469,308.20
20091-437,852.79
20092-412,950.19
20093-463,832.88
20094-494,723.32
20095-508,916.25
20096-515,418.38
20097-557,274.19
20098-577,616.61
20099-591,497.36
200910-603,885.24
200911-617,326.87
200912-625,703.80
20101-607,567.94
20102-643,675.92
20103-669,988.94
20104-630,577.53
20105-608,232.61
20106-607,265.08
20107-612,509.49
20108-633,158.13
20109-662,140.55
201010-678,633.90
201011-703,836.57
201012-728,204.75
20111-751,149.49
20112-742,793.25
20113-759,290.56
20114-764,296.07
20115-736,302.96
20116-759,141.13
20117-680,185.54
20118-674,817.21
20119-695,189.31
201110-707,474.16
201111-718,473.62
201112-752,835.03
20121-784,172.61
20122-806,786.87
20123-806,478.60
20124-781,550.73
20125-772,544.05
20126-795,110.73
20127-822,046.71
20128-846,882.10
20129-845,043.23
201210-821,065.18
201211-838,927.74
201212-874,739.56
20131-895,147.43
20132-919,517.40
20133-932,885.27
20134-975,557.96
20135-964,653.42
20136-996,047.84
20137-998,563.14
20138-1,010,470.68
20139-1,031,867.90
201310-1,071,697.94
201311-1,088,005.56
201312-1,098,535.36
20141-1,097,106.87
20142-1,126,973.07
20143-1,129,246.45
20144-1,146,546.90
20145-1,183,194.18
20146-1,200,892.66
20147-1,195,765.44
20148-1,217,026.55
20149-1,184,816.93
201410-1,252,418.46
201411-1,260,357.39
201412-1,246,366.84
20151-1,281,606.60
20152-1,282,316.14
20153-1,293,580.13
20154-1,306,243.03
20155-1,300,554.34
20156-1,299,518.71
20157-1,268,013.21
20158-1,210,862.65
20159-1,263,137.03
201510-1,300,178.14
201511-1,285,837.57
201512-1,203,291.66
20161-1,196,674.65
20162-1,272,815.80
20163-1,308,852.53
20164-1,304,868.84
20165-1,318,785.14
20166-1,362,271.27
20167-1,378,608.40
20168-1,372,560.84
20169-1,365,615.95
201610-1,382,019.19
201611-1,436,553.17
201612-1,457,205.55
20171-1,494,749.66
20172-1,520,896.67
20173-1,518,554.42
20174-1,544,254.03
20175-1,571,686.60
20176-1,587,213.04
20177-1,591,146.23
20178-1,617,452.07
20179-1,661,686.13
201710-1,688,099.78
201711-1,736,775.90
201712-1,821,216.18
20181-1,768,643.38
20182-1,769,785.54
20183-1,740,336.81
20184-1,774,475.62
20185-1,811,969.75
20186-1,840,612.32
20187-1,885,722.14
20188-1,917,397.51
20189-1,843,597.15
201810-1,805,322.07
201811-1,704,900.81
201812-1,734,491.69
20191-1,835,593.52
20192-1,871,351.29
20193-1,941,025.81
20194-1,911,293.40
20195-1,938,142.27
20196-2,012,321.64
20197-1,949,247.15
20198-2,009,385.86
20199-2,009,582.83
201910-2,098,681.55
201911-2,150,504.71
201912-2,222,469.15
20201-2,225,182.27
20202-1,804,228.76
20203-1,882,146.45
20204-1,992,955.28
20205-2,122,662.23
20206-2,196,455.20
20207-2,325,903.40
20208-2,311,319.92
20209-2,351,213.33
202010-2,444,183.05
202011-2,548,307.21
202012-2,619,540.04
20211-2,684,806.63
20212-2,706,858.49
20213-2,869,851.60
20214-2,891,669.12
20215-2,944,020.55
20216-3,034,349.04
20217-3,100,654.47
20218-3,098,034.46
20219-3,112,043.03
202110-3,259,701.50
202111-3,268,352.87
202112-3,201,287.81
20221-3,108,368.19
20222-3,080,623.41
20223-3,084,267.84
20224-2,841,451.75
20225-2,745,712.31
20226-2,758,471.23
20227-2,936,320.74
20228-2,722,632.81
20229-2,638,471.46
202210-2,669,981.89
Click to show 1266 more rows

Data Sources

The information on this page is derived from Robert Shiller's book, Irrational Exuberance and the accompanying dataset, as well as the U.S. Bureau of Labor Statistics' monthly CPI logs.

Note that S&P index value for the current quarter is based on a moving average of closing prices, per Robert Shiller's methodology. The inflation data used is based on annual CPI averages.

in2013dollars.com is a reference website maintained by the Official Data Foundation.


Ian Webster

About the author

Ian Webster is an engineer and data expert based in San Mateo, California. He has worked for Google, NASA, and consulted for governments around the world on data pipelines and data analysis. Disappointed by the lack of clear resources on the impacts of inflation on economic indicators, Ian believes this website serves as a valuable public tool. Ian earned his degree in Computer Science from Dartmouth College.

Email · LinkedIn · Twitter


S&P 500 from 1916 to 2022
Start Value
Average monthly close
$9.33
End Value
Average monthly close
$3,770.55
Change in price+40,313.18%
+5.83% / yr
Change incl. dividends+2,705,979.32%
+10.02% / yr
Change incl. dividends, inflation-adjusted+98,876.77%
+6.67% / yr
Final amount, nominal
($100 base)
$2,706,079.32
Final amount, inflation-adjusted
($100 base)
$98,976.77