S&P 500: $100 in 1942 → $1,201,269.47 in 2026

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Stock market returns since 1942

If you invested $100 in the S&P 500 at the beginning of 1942, you would have about $1,201,269.47 at the end of 2026, assuming you reinvested all dividends. This is a return on investment of 1,201,169.47%, or 11.83% per year.

This lump-sum investment beats inflation during this period for an inflation-adjusted return of about 60,311.49% cumulatively, or 7.92% per year.

If you used dollar-cost averaging (monthly) instead of a lump-sum investment, you'd have $1,017,361.66.

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 $1,201,169.47, or 1,201,169.47%. This means by 2026 you would have $1,201,269.47 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 1942 was 16.300 and the CPI in 2026 was 324.122.

The ratio between these CPIs describes how relative buying power of a dollar has changed over 84 years.

Adjusted for inflation, the $1,201,269.47 nominal end value of the original $100 investment would have a real return of roughly $60,311.49 in 1942 dollars. This means the inflation-adjusted return is 60,311.49% as opposed to the original 1,201,169.47%.

For more information on inflation, see our U.S. inflation calculator for 1942.

Full monthly data

The table below shows the full dataset pertaining to a $100 investment, including gains and losses over the 1008-month period between 1942 and 2026.

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

YearMonthReturn (%)Amount ($)CPI
19421-2.48%97.5215.70
19422-4.76%92.8815.80
19423-3.45%89.6716.00
194241.87%91.3516.10
194255.75%96.6016.30
194264.38%100.8316.30
194270.05%100.8816.40
194281.66%102.5516.50
194297.97%110.7216.50
1942102.15%113.1116.70
1942111.06%114.3016.80
1942126.50%121.7416.90
194316.43%129.5716.90
194324.01%134.7716.90
194333.79%139.8817.20
194344.36%145.9817.40
194352.18%149.1617.50
194362.47%152.8517.50
19437-4.54%145.9117.40
194382.55%149.6417.30
19439-0.50%148.8917.40
194310-4.21%142.6217.40
1943111.77%145.1517.40
1943123.67%150.4717.40
19441-0.24%150.1017.40
194423.24%154.9717.40
19443-1.31%152.9417.40
194442.20%156.3117.50
194455.14%164.3517.50
194463.02%169.3117.60
19447-1.06%167.5217.70
19448-1.23%165.4717.70
194492.88%170.2417.70
194410-0.28%169.7617.70
1944112.60%174.1717.70
1944123.38%180.0617.80
194513.73%186.7917.80
194520.31%187.3817.80
194532.90%192.8117.80
194544.16%200.8317.80
194552.19%205.2317.90
19456-1.70%201.7518.10
194570.71%203.1718.10
194587.18%217.7618.10
194594.51%227.5918.10
1945103.61%235.8018.10
1945112.02%240.5718.10
1945124.30%250.9118.20
194610.59%252.3818.20
19462-2.68%245.6218.10
194636.77%262.2518.30
194640.52%263.6118.40
19465-0.34%262.7218.50
19466-2.55%256.0218.70
19467-1.62%251.8719.80
19468-14.42%215.5420.20
19469-1.87%211.5120.40
194610-0.01%211.4820.80
1946113.39%218.6621.30
1946120.92%220.6721.50
194714.27%230.0921.50
19472-3.67%221.6421.50
19473-3.30%214.3321.90
19474-1.36%211.4121.90
194753.92%219.7021.90
194766.69%234.4022.00
19477-1.56%230.7522.20
19478-2.17%225.7522.50
194793.03%232.5823.00
194710-0.73%230.8923.00
194711-1.12%228.2923.10
194712-0.86%226.3223.40
19481-4.45%216.2523.70
194821.92%220.4023.50
194838.19%238.4523.40
194845.33%251.1623.80
194854.59%262.6823.90
19486-1.96%257.5424.10
19487-2.49%251.1324.40
19488-0.68%249.4324.50
194893.19%257.3824.50
194810-5.10%244.2524.40
194811-0.16%243.8624.20
1948121.63%247.8424.10
19491-3.33%239.5924.00
194921.49%243.1623.80
194930.41%244.1723.80
19494-0.18%243.7223.90
19495-4.91%231.7523.80
194966.26%246.2623.90
194974.17%256.5323.70
194981.87%261.3423.80
194993.14%269.5523.90
1949101.95%274.8023.70
1949113.24%283.7023.80
1949122.63%291.1623.60
195012.52%298.5123.50
195021.38%302.6123.50
195033.39%312.8623.60
195043.91%325.1123.60
195052.16%332.1523.70
19506-6.72%309.8123.80
195076.64%330.3824.10
195084.11%343.9524.30
195094.72%360.1924.40
1950100.38%361.5524.60
1950110.19%362.2524.70
1950128.01%391.2825.00
195114.31%408.1325.40
19512-1.11%403.5925.70
195131.93%411.3725.80
195140.63%413.9525.80
19515-1.15%409.2125.90
195162.37%418.9025.90
195174.97%439.7025.90
195183.14%453.4925.90
195190.03%453.6226.10
195110-2.25%443.3926.20
1951113.61%459.4126.40
1951123.83%477.0326.50
19521-1.33%470.6726.50
195220.75%474.2026.30
195230.20%475.1626.30
195240.46%477.3526.40
195253.24%492.8426.40
195263.37%509.4326.50
195270.88%513.9226.70
19528-1.11%508.2226.70
19529-1.61%500.0326.70
1952103.67%518.3726.70
1952114.51%541.7526.70
1952120.99%547.1026.70
19531-0.77%542.8726.60
195320.96%548.0726.50
19533-4.47%523.5526.60
195341.00%528.8026.60
19535-3.11%512.3726.70
195361.91%522.1726.80
195370.90%526.8726.80
19538-4.11%505.2326.90
195393.52%523.0026.90
1953102.71%537.1627.00
1953111.84%547.0326.90
1953123.02%563.5726.90
195412.68%578.6526.90
195422.58%593.5926.90
195434.45%620.0126.90
195444.42%647.4326.80
195451.22%655.3526.90
195464.46%684.5626.90
195472.39%700.9526.90
195482.74%720.1626.90
195492.71%739.6826.80
1954104.30%771.5026.80
1954114.95%809.7226.80
1954122.17%827.2726.70
195513.70%857.9226.70
19552-0.44%854.1826.70
195533.81%886.7126.70
19554-0.08%886.0126.70
195556.15%940.4626.70
195567.64%1,012.3526.70
19557-0.30%1,009.3226.80
195584.82%1,057.9326.80
19559-4.72%1,007.9426.90
1955107.07%1,079.1726.90
1955111.24%1,092.5226.90
195512-2.39%1,066.4326.80
195610.95%1,076.5526.80
195627.21%1,154.1326.80
195631.48%1,171.2526.80
19564-2.84%1,138.0026.90
19565-0.26%1,135.0227.00
195665.75%1,200.2727.20
19567-0.28%1,196.8527.40
19568-3.09%1,159.8827.30
19569-0.95%1,148.8227.40
195610-0.71%1,140.6427.50
1956111.81%1,161.2727.50
195612-1.86%1,139.6427.60
19571-4.00%1,094.1027.60
195721.62%1,111.8327.70
195732.64%1,141.2327.80
195744.16%1,188.7127.90
195751.95%1,211.9428.00
195762.32%1,240.0828.10
19577-5.21%1,175.5328.30
19578-3.74%1,131.5728.30
19579-5.90%1,064.8528.30
195710-1.80%1,045.6828.30
1957110.32%1,049.0028.40
1957122.33%1,073.4328.40
195810.70%1,080.9728.60
195822.42%1,107.1128.60
195830.90%1,117.0428.80
195843.56%1,156.7828.90
195852.74%1,188.4228.90
195863.07%1,224.9128.90
195874.05%1,274.5829.00
195882.94%1,312.1028.90
195894.36%1,369.2928.90
1958103.33%1,414.8428.90
1958112.16%1,445.4329.00
1958124.25%1,506.9328.90
19591-1.27%1,487.8729.00
195922.81%1,529.6228.90
195931.94%1,559.2428.90
195941.77%1,586.7729.00
19595-0.61%1,577.1529.00
195964.23%1,643.8229.10
19597-0.32%1,638.5929.20
19598-3.70%1,577.9129.20
195990.18%1,580.6929.30
1959100.67%1,591.2729.40
1959113.46%1,646.3829.40
195912-1.49%1,621.9229.40
19601-3.61%1,563.3829.30
19602-1.08%1,546.5229.40
196031.58%1,571.0229.40
19604-0.62%1,561.2129.50
196053.99%1,623.4729.50
19606-2.20%1,587.8229.60
196071.49%1,611.4929.60
19608-2.72%1,567.6529.60
19609-1.67%1,541.4129.60
1960103.54%1,595.9929.80
1960112.69%1,638.9329.80
1960125.43%1,727.8729.80
196114.37%1,803.4529.80
196123.40%1,864.7129.80
196132.92%1,919.1529.80
196141.26%1,943.3929.80
19615-1.08%1,922.4029.80
19616-0.03%1,921.8629.80
196173.84%1,995.6430.00
19618-0.54%1,984.8329.90
196191.34%2,011.4930.00
1961104.77%2,107.4830.00
1961111.16%2,131.9930.00
196112-3.49%2,057.6430.00
196211.91%2,096.9330.00
196220.34%2,104.0830.10
19623-2.94%2,042.1230.10
19624-7.19%1,895.3930.20
19625-11.41%1,679.0830.20
196262.72%1,724.7030.20
196273.02%1,776.8430.30
19628-0.59%1,766.3030.30
19629-2.86%1,715.8530.40
1962107.20%1,839.4030.40
1962114.62%1,924.4530.40
1962124.15%2,004.2530.40
196311.60%2,036.2330.40
19632-0.11%2,034.0330.40
196334.98%2,135.2830.50
196342.27%2,183.7530.50
196350.22%2,188.4830.50
19636-1.22%2,161.7430.60
196373.03%2,227.2630.70
196382.89%2,291.7130.70
196390.50%2,303.1730.70
196310-0.31%2,296.1030.80
1963112.39%2,351.0630.80
1963123.33%2,429.3530.90
196411.48%2,465.3130.90
196422.07%2,516.3630.90
196431.69%2,558.9730.90
196441.22%2,590.2030.90
19645-0.35%2,581.1130.90
196463.96%2,683.3531.00
19647-1.23%2,650.4631.10
196481.97%2,702.5631.00
196491.97%2,755.8031.10
1964100.94%2,781.6231.10
196411-1.49%2,740.1731.20
1964122.82%2,817.4631.20
196510.98%2,844.9331.20
196520.34%2,854.4831.20
196531.56%2,898.9431.30
196541.73%2,949.1731.40
19655-4.51%2,816.2431.40
196560.10%2,819.1431.60
196572.12%2,878.8631.60
196583.60%2,982.3931.60
196592.50%3,056.8631.60
1965101.08%3,089.7531.70
196511-0.21%3,083.2131.70
1965121.98%3,144.2731.80
19661-0.43%3,130.7431.80
19662-3.86%3,009.8232.00
196633.32%3,109.7732.10
19664-5.01%2,954.0532.30
19665-0.56%2,937.5232.30
196660.02%2,938.0632.40
19667-5.77%2,768.5532.50
19668-3.22%2,679.2732.70
19669-0.56%2,664.1532.70
1966105.32%2,805.7732.90
1966110.72%2,825.8632.90
1966124.13%2,942.5732.90
196713.73%3,052.3332.90
196722.63%3,132.7232.90
196731.99%3,195.1433.00
196742.06%3,260.8933.10
19675-0.99%3,228.5433.20
196761.99%3,292.8733.30
196771.85%3,353.8433.40
196781.65%3,409.3133.50
196790.10%3,412.6333.60
196710-2.88%3,314.2933.70
1967113.11%3,417.4233.80
196712-0.02%3,416.8233.90
19681-4.26%3,271.3734.10
19682-1.56%3,220.3634.20
196837.66%3,467.1034.30
196842.56%3,555.7834.40
196852.94%3,660.3434.50
196860.05%3,662.1334.70
19687-1.93%3,591.3134.90
196883.51%3,717.2835.00
196892.72%3,818.2935.10
1968101.79%3,886.4735.30
1968111.29%3,936.4235.40
196812-3.99%3,779.5535.50
19691-0.24%3,770.5435.60
19692-1.91%3,698.3835.80
196932.27%3,782.4936.10
196943.51%3,915.3836.30
19695-4.97%3,720.7436.40
19696-4.21%3,564.2736.60
19697-0.28%3,554.1636.80
196980.63%3,576.5037.00
196991.35%3,624.6537.10
1969101.00%3,660.8137.30
196911-5.03%3,476.7637.50
196912-0.59%3,456.2837.70
19701-3.20%3,345.8237.80
197022.01%3,413.14-
19703-2.75%3,319.36-
19704-11.20%2,947.62-
19705-0.27%2,939.67-
197060.52%2,955.03-
197073.26%3,051.24-
197086.32%3,244.12-
197092.49%3,324.88-
1970100.21%3,331.75-
1970117.16%3,570.25-
1970124.11%3,717.01-
197114.15%3,871.31-
197122.83%3,980.94-
197133.67%4,127.19-
19714-1.11%4,081.47-
19715-1.60%4,016.33-
19716-0.46%3,997.74-
19717-1.52%3,937.09-
197182.49%4,034.98-
19719-1.86%3,959.78-
197110-4.37%3,786.68-
1971117.16%4,057.94-
1971124.42%4,237.41-
197212.09%4,325.84-
197222.62%4,439.16-
197231.26%4,495.04-
19724-0.78%4,460.17-
197250.52%4,483.19-
19726-0.50%4,460.60-
197273.78%4,629.37-
19728-1.21%4,573.34-
197290.42%4,592.43-
1972105.25%4,833.72-
1972112.31%4,945.45-
1972120.99%4,994.38-
19731-3.33%4,828.31-
19732-1.35%4,763.36-
19733-1.63%4,685.56-
19734-2.57%4,565.15-
19735-1.99%4,474.31-
197361.21%4,528.46-
19737-1.64%4,454.40-
197382.00%4,543.28-
197394.24%4,735.70-
197310-6.85%4,411.17-
197311-6.81%4,110.98-
1973121.70%4,180.88-
19741-2.47%4,077.50-
197424.57%4,264.03-
19743-4.82%4,058.64-
19744-2.71%3,948.83-
197450.46%3,966.89-
19746-11.35%3,516.77-
19747-3.76%3,384.37-
19748-10.01%3,045.47-
197492.38%3,117.86-
1974103.74%3,234.58-
197411-6.09%3,037.53-
1974128.63%3,299.76-
1975110.81%3,656.38-
197524.97%3,838.23-
197531.49%3,895.31-
197546.71%4,156.79-
197552.89%4,277.11-
197560.43%4,295.59-
19757-7.00%3,995.06-
19758-0.85%3,960.99-
197594.97%4,157.90-
1975102.04%4,242.80-
197511-1.18%4,192.75-
1975129.55%4,592.96-
197614.18%4,784.86-
197620.80%4,823.25-
197631.10%4,876.09-
19764-0.38%4,857.40-
197650.90%4,901.14-
197662.67%5,031.77-
19767-0.56%5,003.57-
197682.44%5,125.55-
19769-3.11%4,966.23-
197610-0.37%4,948.03-
1976113.79%5,135.38-
197612-0.54%5,107.79-
19771-2.37%4,986.81-
19772-0.05%4,984.11-
19773-1.19%4,924.61-
197740.06%4,927.79-
197750.90%4,972.13-
197761.28%5,035.89-
19777-2.08%4,931.22-
19778-1.18%4,873.26-
19779-2.20%4,766.15-
1977100.98%4,812.91-
197711-0.08%4,809.06-
197712-3.39%4,646.01-
19781-0.97%4,600.85-
197820.27%4,613.08-
197834.83%4,835.89-
197845.50%5,102.07-
197850.67%5,136.44-
19786-0.06%5,133.24-
197877.33%5,509.41-
197880.40%5,531.43-
19789-2.77%5,378.01-
197810-5.44%5,085.58-
1978111.92%5,183.36-
1978124.19%5,400.30-
19791-1.06%5,343.22-
197922.34%5,468.32-
197932.43%5,601.25-
19794-1.89%5,495.21-
197952.42%5,628.07-
197961.42%5,708.03-
197975.01%5,994.25-
197981.54%6,086.59-
19799-3.35%5,882.54-
197910-0.32%5,863.57-
1979114.40%6,121.80-
1979123.31%6,324.58-
198014.40%6,602.60-
19802-8.78%6,023.04-
19803-1.16%5,953.05-
198045.04%6,252.85-
198056.86%6,681.97-
198064.97%7,014.02-
198073.50%7,259.84-
198082.84%7,465.72-
198093.32%7,713.94-
1980104.61%8,069.91-
198011-1.24%7,969.46-
1980120.01%7,970.25-
19811-3.07%7,725.55-
198124.14%8,045.65-
198131.29%8,149.74-
19814-1.62%8,017.94-
198150.86%8,086.70-
19816-2.02%7,923.65-
198170.80%7,987.24-
19818-8.30%7,324.09-
198191.73%7,450.59-
1981103.04%7,677.37-
1981111.18%7,767.91-
198112-4.80%7,394.73-
19821-1.91%7,253.20-
19822-2.74%7,054.14-
198235.47%7,439.95-
198240.57%7,482.33-
19825-5.27%7,087.97-
198260.24%7,105.25-
198270.79%7,161.66-
1982812.10%8,027.97-
198298.88%8,740.96-
1982104.50%9,134.30-
1982111.36%9,258.11-
1982123.93%9,621.56-
198312.13%9,826.50-
198323.87%10,206.36-
198334.20%10,634.76-
198344.42%11,105.24-
198351.75%11,299.97-
198360.71%11,379.99-
19837-2.41%11,106.05-
198383.31%11,474.09-
198390.65%11,548.43-
198310-1.14%11,416.62-
198311-0.13%11,401.99-
1983121.58%11,581.68-
19841-5.11%10,989.60-
198420.44%11,038.22-
198430.51%11,094.20-
19844-0.25%11,066.18-
19845-1.85%10,861.64-
19846-0.91%10,762.97-
198479.21%11,753.87-
198481.41%11,919.24-
19849-0.41%11,870.09-
1984101.29%12,022.73-
198411-0.71%11,937.66-
1984124.70%12,498.44-
198515.79%13,221.77-
19852-0.48%13,158.53-
198531.02%13,293.36-
198542.74%13,657.02-
198552.51%13,999.94-
198562.25%14,314.55-
19857-1.85%14,050.41-
19858-1.88%13,785.56-
198591.50%13,991.73-
1985106.42%14,890.07-
1985115.29%15,678.43-
1985120.75%15,796.29-
198615.70%16,696.24-
198626.18%17,728.53-
198632.74%18,214.54-
198640.49%18,304.13-
198653.13%18,877.64-
19866-1.80%18,537.10-
198672.28%18,959.91-
19868-2.46%18,494.21-
19869-0.09%18,477.59-
1986103.53%19,130.39-
1986111.71%19,457.32-
1986126.67%20,755.78-
198716.46%22,096.99-
198724.38%23,064.04-
19873-0.86%22,866.52-
198740.17%22,906.04-
198754.50%23,936.46-
198763.12%24,683.78-
198776.45%26,276.87-
19878-3.03%25,480.57-
19879-11.85%22,460.13-
198710-12.30%19,696.77-
198711-1.33%19,433.88-
1987124.25%20,259.15-
198813.33%20,933.48-
198823.23%21,610.07-
19883-0.89%21,418.60-
19884-2.19%20,949.90-
198856.00%22,206.52-
19886-0.31%22,138.36-
19887-1.72%21,757.92-
198881.93%22,177.23-
198893.80%23,020.32-
198810-2.02%22,555.25-
1988112.33%23,079.88-
1988123.51%23,890.60-
198913.30%24,678.95-
19892-0.16%24,639.05-
198933.56%25,517.39-
198944.12%26,567.50-
198953.39%27,468.84-
198962.80%28,238.01-
198974.69%29,562.59-
198980.46%29,697.26-
198990.29%29,782.27-
198910-1.81%29,242.15-
1989112.74%30,042.42-
198912-2.21%29,378.12-
19901-2.53%28,635.68-
199022.71%29,410.90-
199030.20%29,468.54-
199043.85%30,603.35-
199053.17%31,573.46-
199060.17%31,627.05-
19907-7.86%29,140.77-
19908-4.34%27,875.76-
19909-2.32%27,230.22-
1990102.98%28,042.72-
1990114.59%29,328.93-
199012-0.69%29,127.97-
1991111.61%32,508.79-
199123.04%33,498.56-
199132.26%34,255.23-
19914-0.18%34,193.96-
199150.35%34,312.62-
199160.78%34,580.42-
199172.68%35,506.81-
19918-0.30%35,399.19-
199190.18%35,463.49-
1991100.02%35,469.09-
1991110.94%35,800.77-
1991127.36%38,435.00-
19921-0.60%38,204.07-
19922-1.01%37,817.30-
199230.26%37,917.25-
199242.07%38,701.51-
19925-1.33%38,187.12-
199261.91%38,917.31-
199270.94%39,283.80-
199280.38%39,432.37-
19929-1.18%38,966.26-
1992102.76%40,040.52-
1992113.27%41,350.33-
1992120.14%41,409.41-
199311.72%42,123.41-
199322.15%43,029.13-
19933-1.34%42,451.79-
199340.72%42,759.45-
199350.87%43,129.40-
199360.06%43,155.71-
199371.76%43,916.31-
199381.35%44,511.36-
199391.24%45,064.15-
1993100.01%45,067.55-
1993110.89%45,467.38-
1993121.74%46,256.64-
19941-0.08%46,221.63-
19942-1.42%45,563.51-
19943-3.35%44,038.79-
199441.06%44,504.82-
199451.11%44,997.98-
19946-0.52%44,764.50-
199473.08%46,144.17-
199480.82%46,521.38-
19949-0.44%46,314.83-
199410-0.37%46,143.52-
199411-1.03%45,670.22-
1994122.45%46,789.68-
199513.82%48,576.62-
199522.56%49,819.29-
199533.22%51,421.25-
199543.35%53,142.72-
199553.18%54,831.81-
199563.55%56,776.96-
199570.51%57,068.30-
199583.72%59,189.91-
199590.91%59,730.05-
1995102.36%61,138.72-
1995113.39%63,210.79-
1995120.16%63,313.56-
199615.90%67,051.84-
19962-0.20%66,917.27-
199630.20%67,049.13-
199642.35%68,628.02-
199651.28%69,505.49-
19966-3.48%67,089.09-
199673.08%69,152.58-
199682.02%70,552.04-
199694.12%73,458.43-
1996105.05%77,169.61-
1996111.20%78,094.28-
1996123.26%80,638.23-
199714.36%84,155.00-
19972-0.62%83,630.14-
19973-3.41%80,782.32-
199749.22%88,228.70-
199755.34%92,937.31-
199765.74%98,268.13-
199770.35%98,609.89-
199781.19%99,785.33-
199791.65%101,427.17-
199710-1.15%100,258.69-
1997112.63%102,900.12-
1997120.24%103,144.09-
199816.40%109,747.53-
199825.31%115,578.28-
199833.41%119,514.50-
19984-0.22%119,249.35-
199850.12%119,388.22-
199864.47%124,722.09-
19987-6.97%116,027.70-
19988-4.90%110,344.15-
199891.29%111,768.53-
19981010.97%124,034.44-
1998114.10%129,124.94-
1998125.05%135,642.76-
19991-0.07%135,552.28-
199922.92%139,515.16-
199934.25%145,444.59-
19994-0.10%145,300.84-
19995-0.61%144,411.94-
199964.52%150,942.81-
19997-3.77%145,245.64-
19998-0.60%144,377.05-
19999-1.27%142,539.89-
1999107.11%152,668.71-
1999112.81%156,956.76-
199912-0.12%156,770.09-
20001-2.48%152,885.20-
200023.94%158,910.34-
200031.42%161,174.28-
20004-2.84%156,598.87-
200053.16%161,552.85-
200060.85%162,926.60-
200070.94%164,457.64-
20008-1.08%162,682.07-
20009-5.21%154,199.45-
200010-0.77%153,008.16-
200011-3.32%147,928.18-
2000120.46%148,601.26-
20011-2.14%145,426.76-
20012-9.08%132,222.15-
200130.45%132,815.42-
200146.88%141,952.24-
20015-2.39%138,561.49-
20016-2.66%134,875.44-
20017-2.05%132,116.11-
20018-11.25%117,256.58-
200193.18%120,990.06-
2001105.05%127,103.87-
2001111.47%128,967.28-
200112-0.30%128,583.35-
20021-3.35%124,272.25-
200224.95%130,417.85-
20023-3.51%125,834.40-
20024-2.82%122,285.41-
20025-5.92%115,044.94-
20026-10.76%102,667.83-
200271.14%103,837.00-
20028-4.76%98,896.72-
20029-1.37%97,544.76-
2002106.63%104,007.66-
200211-1.04%102,931.12-
200212-0.22%102,702.08-
20031-6.41%96,113.91-
200321.31%97,370.98-
200335.29%102,517.87-
200345.31%107,963.84-
200355.70%114,122.29-
200360.60%114,802.35-
20037-0.17%114,611.41-
200383.16%118,234.48-
200392.03%120,632.07-
2003101.21%122,092.43-
2003113.06%125,833.11-
2003124.93%132,042.92-
200411.09%133,477.78-
20042-1.57%131,388.59-
200430.97%132,660.62-
20044-2.56%129,258.86-
200452.86%132,952.66-
20046-2.24%129,976.14-
20047-1.39%128,172.63-
200482.78%131,739.20-
200490.10%131,874.36-
2004104.77%138,169.90-
2004112.73%141,938.41-
200412-1.35%140,023.35-
200511.68%142,377.43-
20052-0.26%142,013.53-
20053-2.41%138,592.54-
200541.34%140,443.96-
200552.18%143,506.61-
200561.81%146,100.91-
200570.31%146,553.85-
200580.28%146,963.75-
20059-2.62%143,107.10-
2005103.96%148,776.35-
2005112.14%151,966.31-
2005121.47%154,195.30-
20061-0.02%154,169.65-
200621.49%156,460.82-
200630.80%157,709.90-
20064-0.79%156,469.29-
20065-2.71%152,235.56-
200660.72%153,331.72-
200672.29%156,845.71-
200682.53%160,815.75-
200693.62%166,630.70-
2006102.00%169,966.06-
2006112.15%173,617.38-
2006120.69%174,820.24-
200711.60%177,610.46-
20072-2.47%173,216.57-
200734.18%180,457.47-
200743.39%186,578.15-
200750.34%187,221.66-
200760.57%188,297.47-
20077-4.20%180,386.89-
200783.07%185,933.32-
200792.99%191,495.76-
200710-4.81%182,291.88-
2007111.24%184,549.06-
200712-6.64%172,303.87-
20081-1.56%169,609.09-
20082-2.63%165,154.08-
200834.24%172,162.89-
200842.56%176,574.75-
20085-4.25%169,076.36-
20086-6.08%158,799.10-
200872.11%162,150.61-
20088-4.85%154,290.30-
20089-20.19%123,133.56-
200810-8.61%112,537.48-
200811-0.35%112,142.23-
200812-1.10%110,913.65-
20091-6.70%103,479.66-
20092-5.69%97,594.32-
2009312.32%109,619.65-
200946.66%116,920.12-
200952.87%120,274.39-
200961.28%121,811.07-
200978.12%131,703.04-
200983.65%136,510.65-
200992.40%139,791.15-
2009102.09%142,718.83-
2009112.23%145,895.55-
2009121.36%147,875.30-
20101-2.90%143,589.18-
201025.94%152,122.73-
201034.09%158,341.40-
20104-5.88%149,027.14-
20105-3.54%143,746.26-
20106-0.16%143,517.60-
201070.86%144,757.04-
201083.37%149,637.02-
201094.58%156,486.56-
2010102.49%160,384.51-
2010113.71%166,340.76-
2010123.46%172,099.80-
201113.15%177,522.43-
20112-1.11%175,547.56-
201132.22%179,446.45-
201140.66%180,629.42-
20115-3.66%174,013.69-
201163.10%179,411.13-
20117-10.40%160,751.21-
20118-0.79%159,482.49-
201193.02%164,297.12-
2011101.77%167,200.45-
2011111.55%169,800.00-
2011124.78%177,920.78-
201214.16%185,326.93-
201222.88%190,671.46-
20123-0.04%190,598.60-
20124-3.09%184,707.29-
20125-1.15%182,578.70-
201262.92%187,911.98-
201273.39%194,277.88-
201283.02%200,147.34-
20129-0.22%199,712.75-
201210-2.84%194,045.91-
2012112.18%198,267.45-
2012124.27%206,731.01-
201312.33%211,554.09-
201322.72%217,313.55-
201331.45%220,472.84-
201344.57%230,557.86-
20135-1.12%227,980.74-
201363.25%235,400.33-
201370.25%235,994.78-
201381.19%238,808.94-
201392.12%243,865.84-
2013103.86%253,279.04-
2013111.52%257,133.09-
2013120.97%259,621.65-
20141-0.13%259,284.05-
201422.72%266,342.46-
201430.20%266,879.73-
201441.53%270,968.42-
201453.20%279,629.43-
201461.50%283,812.19-
20147-0.43%282,600.45-
201481.78%287,625.19-
20149-2.65%280,012.95-
2014105.71%295,989.51-
2014110.63%297,865.75-
201412-1.11%294,559.31-
201512.83%302,887.67-
201520.06%303,055.36-
201530.88%305,717.43-
201540.98%308,710.11-
20155-0.44%307,365.67-
20156-0.08%307,120.92-
20157-2.42%299,675.09-
20158-4.51%286,168.44-
201594.32%298,522.68-
2015102.93%307,276.76-
201511-1.10%303,887.59-
201512-6.42%284,379.16-
20161-0.55%282,815.33-
201626.36%300,810.10-
201632.83%309,326.82-
20164-0.30%308,385.34-
201651.07%311,674.24-
201663.30%321,951.50-
201671.20%325,812.53-
20168-0.44%324,383.28-
20169-0.51%322,741.97-
2016101.20%326,618.61-
2016113.95%339,506.87-
2016121.44%344,387.74-
201712.58%353,260.70-
201721.75%359,440.13-
20173-0.15%358,886.58-
201741.69%364,960.28-
201751.78%371,443.54-
201760.99%375,112.97-
201770.25%376,042.52-
201781.65%382,259.49-
201792.73%392,713.52-
2017101.59%398,955.97-
2017112.88%410,459.81-
2017124.86%430,415.95-
20181-2.89%417,991.19-
201820.06%418,261.13-
20183-1.66%411,301.38-
201841.96%419,369.55-
201852.11%428,230.70-
201861.58%434,999.93-
201872.45%445,660.93-
201881.68%453,146.91-
20189-3.85%435,705.34-
201810-2.08%426,659.63-
201811-5.56%402,926.64-
2018121.74%409,919.98-
201915.83%433,813.81-
201921.95%442,264.60-
201933.72%458,731.08-
20194-1.53%451,704.29-
201951.40%458,049.61-
201963.83%475,580.74-
20197-3.13%460,674.07-
201983.09%474,886.91-
201990.01%474,933.46-
2019104.43%495,990.55-
2019112.47%508,238.15-
2019123.35%525,245.81-
202010.12%525,887.02-
20202-18.92%426,401.24-
202034.32%444,815.87-
202045.89%471,003.80-
202056.51%501,658.01-
202063.48%519,097.83-
202075.89%549,690.88-
20208-0.63%546,244.30-
202091.73%555,672.49-
2020103.95%577,644.43-
2020114.26%602,252.54-
2020122.80%619,087.31-
202112.49%634,512.05-
202120.82%639,723.66-
202136.02%678,244.53-
202140.76%683,400.76-
202151.81%695,773.20-
202163.07%717,120.93-
202172.19%732,791.18-
20218-0.08%732,171.98-
202190.45%735,482.68-
2021104.74%770,379.46-
2021110.27%772,424.07-
202112-2.05%756,574.29-
20221-2.90%734,614.20-
20222-0.89%728,057.15-
202230.12%728,918.45-
20224-7.87%671,532.67-
20225-3.37%648,906.15-
202260.46%651,921.52-
202276.45%693,953.47-
20228-7.28%643,451.67-
20229-3.09%623,561.45-
2022105.29%656,517.26-
2022110.01%656,588.41-
2022121.38%665,626.07-
202313.15%686,573.13-
20232-2.59%668,822.28-
202334.00%695,549.90-
202340.74%700,680.94-
202354.94%735,309.90-
202363.88%763,810.82-
20237-1.00%756,190.76-
20238-0.95%748,979.90-
20239-3.04%726,231.04-
2023104.60%759,650.19-
2023115.18%798,963.96-
2023122.91%822,228.49-
202414.20%856,756.09-
202423.28%884,875.86-
20243-1.01%875,946.32-
202442.52%897,991.38-
202453.55%929,875.32-
202462.38%952,003.20-
20247-0.97%942,762.96-
202482.72%968,426.01-
202493.15%998,949.69-
2024102.48%1,023,741.47-
2024111.47%1,038,793.76-
202412-0.42%1,034,446.17-
202511.09%1,045,768.39-
20252-5.77%985,433.56-
20253-5.42%932,010.88-
202548.34%1,009,738.29-
202553.88%1,048,912.78-
202564.53%1,096,399.95-
202571.89%1,117,108.80-
202582.83%1,148,758.52-
202592.40%1,176,363.14-
2025100.17%1,178,414.58-
2025111.76%1,199,165.96-
2025120.18%1,201,269.47-
Click to show 1002 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 1942. This would result in a final amount of $1,017,361.66, including dividend reinvestments. In this particular case, dollar-cost average returns are less than the returns of a lump-sum investment (which ends with $1,201,269.47).

YearMonthContribution ($)Amount ($)
194214.164.03
194224.167.77
194234.1611.49
194244.1615.91
194254.1621.20
194264.1626.44
194274.1630.59
194284.1635.30
194294.1642.58
1942104.1647.73
1942114.1652.41
1942124.1660.23
194314.1668.51
194324.1675.57
194334.1682.73
194344.1690.66
194354.1696.87
194364.16103.51
194374.16102.77
194384.16109.64
194394.16113.22
1943104.16112.42
1943114.16118.63
1943124.32127.43
19441-127.12
19442-131.24
19443-129.53
19444-132.38
19445-139.19
19446-143.39
19447-141.87
19448-140.14
19449-144.18
194410-143.77
194411-147.51
194412-152.50
19451-158.19
19452-158.69
19453-163.29
19454-170.09
19455-173.81
19456-170.86
19457-172.07
19458-184.42
19459-192.75
194510-199.70
194511-203.74
194512-212.50
19461-213.74
19462-208.02
19463-222.10
19464-223.25
19465-222.50
19466-216.83
19467-213.31
19468-182.54
19469-179.13
194610-179.10
194611-185.18
194612-186.89
19471-194.86
19472-187.71
19473-181.52
19474-179.04
19475-186.06
19476-198.52
19477-195.42
19478-191.19
19479-196.98
194710-195.54
194711-193.34
194712-191.67
19481-183.14
19482-186.66
19483-201.94
19484-212.71
19485-222.46
19486-218.11
19487-212.68
19488-211.24
19489-217.98
194810-206.86
194811-206.53
194812-209.89
19491-202.91
19492-205.94
19493-206.79
19494-206.41
19495-196.27
19496-208.56
19497-217.26
19498-221.33
19499-228.28
194910-232.73
194911-240.27
194912-246.59
19501-252.81
19502-256.29
19503-264.96
19504-275.34
19505-281.30
19506-262.38
19507-279.80
19508-291.29
19509-305.05
195010-306.19
195011-306.79
195012-331.37
19511-345.65
19512-341.81
19513-348.39
19514-350.58
19515-346.57
19516-354.77
19517-372.38
19518-384.06
19519-384.17
195110-375.51
195111-389.08
195112-404.00
19521-398.62
19522-401.60
19523-402.42
19524-404.27
19525-417.39
19526-431.44
19527-435.24
19528-430.41
19529-423.48
195210-439.01
195211-458.81
195212-463.34
19531-459.76
19532-464.16
19533-443.40
19534-447.85
19535-433.93
19536-442.23
19537-446.21
19538-427.88
19539-442.93
195310-454.92
195311-463.28
195312-477.29
19541-490.06
19542-502.72
19543-525.09
19544-548.31
19545-555.02
19546-579.76
19547-593.64
19548-609.91
19549-626.44
195410-653.39
195411-685.75
195412-700.62
19551-726.58
19552-723.41
19553-750.96
19554-750.37
19555-796.48
19556-857.36
19557-854.79
19558-895.97
19559-853.63
195510-913.95
195511-925.26
195512-903.17
19561-911.74
19562-977.44
19563-991.93
19564-963.78
19565-961.25
19566-1,016.51
19567-1,013.62
19568-982.31
19569-972.94
195610-966.01
195611-983.49
195612-965.17
19571-926.60
19572-941.62
19573-966.51
19574-1,006.72
19575-1,026.40
19576-1,050.23
19577-995.57
19578-958.34
19579-901.83
195710-885.59
195711-888.41
195712-909.10
19581-915.48
19582-937.62
19583-946.03
19584-979.68
19585-1,006.48
19586-1,037.39
19587-1,079.45
19588-1,111.22
19589-1,159.66
195810-1,198.23
195811-1,224.14
195812-1,276.23
19591-1,260.08
19592-1,295.44
19593-1,320.53
19594-1,343.84
19595-1,335.69
19596-1,392.16
19597-1,387.73
19598-1,336.34
19599-1,338.70
195910-1,347.66
195911-1,394.33
195912-1,373.61
19601-1,324.03
19602-1,309.76
19603-1,330.51
19604-1,322.20
19605-1,374.93
19606-1,344.73
19607-1,364.78
19608-1,327.65
19609-1,305.43
196010-1,351.65
196011-1,388.02
196012-1,463.34
19611-1,527.35
19612-1,579.24
19613-1,625.33
19614-1,645.87
19615-1,628.09
19616-1,627.64
19617-1,690.12
19618-1,680.96
19619-1,703.54
196110-1,784.83
196111-1,805.59
196112-1,742.63
19621-1,775.90
19622-1,781.96
19623-1,729.48
19624-1,605.22
19625-1,422.02
19626-1,460.66
19627-1,504.82
19628-1,495.89
19629-1,453.16
196210-1,557.80
196211-1,629.83
196212-1,697.41
19631-1,724.50
19632-1,722.63
19633-1,808.38
19634-1,849.43
19635-1,853.43
19636-1,830.79
19637-1,886.28
19638-1,940.86
19639-1,950.56
196310-1,944.58
196311-1,991.12
196312-2,057.43
19641-2,087.88
19642-2,131.12
19643-2,167.20
19644-2,193.65
19645-2,185.96
19646-2,272.55
19647-2,244.69
19648-2,288.81
19649-2,333.90
196410-2,355.77
196411-2,320.66
196412-2,386.12
19651-2,409.39
19652-2,417.47
19653-2,455.13
19654-2,497.67
19655-2,385.09
19656-2,387.54
19657-2,438.13
19658-2,525.80
19659-2,588.87
196510-2,616.72
196511-2,611.19
196512-2,662.90
19661-2,651.44
19662-2,549.03
19663-2,633.68
19664-2,501.80
19665-2,487.80
19666-2,488.26
19667-2,344.70
19668-2,269.09
19669-2,256.28
196610-2,376.22
196611-2,393.23
196612-2,492.08
19671-2,585.04
19672-2,653.12
19673-2,705.98
19674-2,761.66
19675-2,734.27
19676-2,788.75
19677-2,840.39
19678-2,887.37
19679-2,890.18
196710-2,806.89
196711-2,894.23
196712-2,893.73
19681-2,770.54
19682-2,727.34
19683-2,936.30
19684-3,011.41
19685-3,099.96
19686-3,101.48
19687-3,041.50
19688-3,148.18
19689-3,233.73
196810-3,291.47
196811-3,333.78
196812-3,200.92
19691-3,193.29
19692-3,132.17
19693-3,203.41
19694-3,315.96
19695-3,151.11
19696-3,018.60
19697-3,010.04
19698-3,028.96
19699-3,069.74
196910-3,100.36
196911-2,944.49
196912-2,927.14
19701-2,833.59
19702-2,890.61
19703-2,811.18
19704-2,496.36
19705-2,489.62
19706-2,502.63
19707-2,584.11
19708-2,747.46
19709-2,815.86
197010-2,821.68
197011-3,023.67
197012-3,147.96
19711-3,278.63
19712-3,371.48
19713-3,495.34
19714-3,456.62
19715-3,401.46
19716-3,385.71
19717-3,334.34
19718-3,417.25
19719-3,353.56
197110-3,206.96
197111-3,436.69
197112-3,588.68
19721-3,663.58
19722-3,759.55
19723-3,806.88
19724-3,777.34
19725-3,796.84
19726-3,777.70
19727-3,920.64
19728-3,873.18
19729-3,889.35
197210-4,093.71
197211-4,188.33
197212-4,229.77
19731-4,089.12
19732-4,034.11
19733-3,968.22
19734-3,866.25
19735-3,789.32
19736-3,835.18
19737-3,772.46
19738-3,847.73
19739-4,010.69
197310-3,735.85
197311-3,481.61
197312-3,540.81
19741-3,453.25
19742-3,611.23
19743-3,437.29
19744-3,344.29
19745-3,359.58
19746-2,978.37
19747-2,866.24
19748-2,579.23
19749-2,640.53
197410-2,739.38
197411-2,572.50
197412-2,794.58
19751-3,096.61
19752-3,250.62
19753-3,298.96
19754-3,520.41
19755-3,622.31
19756-3,637.96
19757-3,383.44
19758-3,354.59
19759-3,521.35
197510-3,593.25
197511-3,550.86
197512-3,889.80
19761-4,052.32
19762-4,084.84
19763-4,129.58
19764-4,113.76
19765-4,150.80
19766-4,261.44
19767-4,237.55
19768-4,340.85
19769-4,205.93
197610-4,190.51
197611-4,349.18
197612-4,325.82
19771-4,223.36
19772-4,221.07
19773-4,170.68
19774-4,173.37
19775-4,210.92
19776-4,264.93
19777-4,176.27
19778-4,127.19
19779-4,036.48
197710-4,076.08
197711-4,072.82
197712-3,934.73
19781-3,896.49
19782-3,906.84
19783-4,095.54
19784-4,320.97
19785-4,350.07
19786-4,347.37
19787-4,665.95
19788-4,684.60
19789-4,554.67
197810-4,307.00
197811-4,389.82
197812-4,573.55
19791-4,525.20
19792-4,631.15
19793-4,743.73
19794-4,653.93
19795-4,766.44
19796-4,834.16
19797-5,076.57
19798-5,154.77
19799-4,981.95
197910-4,965.89
197911-5,184.59
197912-5,356.33
19801-5,591.78
19802-5,100.94
19803-5,041.67
19804-5,295.57
19805-5,658.99
19806-5,940.21
19807-6,148.40
19808-6,322.76
19809-6,532.97
198010-6,834.45
198011-6,749.38
198012-6,750.05
19811-6,542.81
19812-6,813.90
19813-6,902.06
19814-6,790.43
19815-6,848.67
19816-6,710.58
19817-6,764.44
19818-6,202.81
19819-6,309.95
198110-6,502.00
198111-6,578.69
198112-6,262.64
19821-6,142.78
19822-5,974.19
19823-6,300.93
19824-6,336.83
19825-6,002.84
19826-6,017.47
19827-6,065.25
19828-6,798.93
19829-7,402.77
198210-7,735.89
198211-7,840.75
198212-8,148.55
19831-8,322.12
19832-8,643.82
19833-9,006.64
19834-9,405.09
19835-9,570.01
19836-9,637.78
19837-9,405.78
19838-9,717.47
19839-9,780.43
198310-9,668.80
198311-9,656.41
198312-9,808.59
19841-9,307.15
19842-9,348.32
19843-9,395.74
19844-9,372.01
19845-9,198.79
19846-9,115.22
19847-9,954.42
19848-10,094.47
19849-10,052.84
198410-10,182.11
198411-10,110.07
198412-10,585.00
19851-11,197.59
19852-11,144.03
19853-11,258.22
19854-11,566.21
19855-11,856.63
19856-12,123.07
19857-11,899.37
19858-11,675.06
19859-11,849.67
198510-12,610.48
198511-13,278.14
198512-13,377.96
19861-14,140.14
19862-15,014.39
19863-15,426.00
19864-15,501.87
19865-15,987.58
19866-15,699.17
19867-16,057.25
19868-15,662.85
19869-15,648.77
198610-16,201.63
198611-16,478.51
198612-17,578.18
19871-18,714.06
19872-19,533.06
19873-19,365.78
19874-19,399.25
19875-20,271.92
19876-20,904.83
19877-22,254.02
19878-21,579.63
19879-19,021.61
198710-16,681.30
198711-16,458.66
198712-17,157.58
19881-17,728.68
19882-18,301.68
19883-18,139.53
19884-17,742.58
19885-18,806.82
19886-18,749.10
19887-18,426.90
19888-18,782.02
19889-19,496.04
198810-19,102.17
198811-19,546.47
198812-20,233.08
19891-20,900.74
19892-20,866.95
19893-21,610.81
19894-22,500.16
19895-23,263.51
19896-23,914.93
19897-25,036.72
19898-25,150.77
19899-25,222.77
198910-24,765.34
198911-25,443.09
198912-24,880.49
19901-24,251.71
19902-24,908.25
19903-24,957.06
19904-25,918.14
19905-26,739.74
19906-26,785.12
19907-24,679.48
19908-23,608.13
19909-23,061.42
199010-23,749.53
199011-24,838.83
199012-24,668.64
19911-27,531.87
19912-28,370.11
19913-29,010.94
19914-28,959.05
19915-29,059.54
19916-29,286.35
19917-30,070.91
19918-29,979.76
19919-30,034.22
199110-30,038.96
199111-30,319.87
199112-32,550.81
19921-32,355.23
19922-32,027.68
19923-32,112.33
19924-32,776.52
19925-32,340.88
19926-32,959.28
19927-33,269.67
19928-33,395.49
19929-33,000.74
199210-33,910.53
199211-35,019.82
199212-35,069.86
19931-35,674.55
19932-36,441.61
19933-35,952.65
19934-36,213.21
19935-36,526.52
19936-36,548.80
19937-37,192.96
19938-37,696.92
19939-38,165.08
199310-38,167.96
199311-38,506.57
199312-39,175.00
19941-39,145.35
19942-38,587.99
19943-37,296.69
19944-37,691.38
19945-38,109.03
19946-37,911.30
19947-39,079.75
19948-39,399.21
19949-39,224.28
199410-39,079.19
199411-38,678.36
199412-39,626.43
19951-41,139.80
19952-42,192.23
19953-43,548.94
19954-45,006.86
19955-46,437.36
19956-48,084.72
19957-48,331.45
19958-50,128.25
19959-50,585.71
199510-51,778.71
199511-53,533.57
199512-53,620.60
19961-56,786.57
19962-56,672.60
19963-56,784.27
19964-58,121.44
19965-58,864.58
19966-56,818.11
19967-58,565.70
19968-59,750.91
19969-62,212.35
199610-65,355.37
199611-66,138.47
199612-68,292.96
19971-71,271.33
19972-70,826.82
19973-68,414.99
19974-74,721.37
19975-78,709.12
19976-83,223.81
19977-83,513.26
19978-84,508.74
19979-85,899.23
199710-84,909.63
199711-87,146.67
199712-87,353.29
19981-92,945.78
19982-97,883.88
19983-101,217.48
19984-100,992.92
19985-101,110.54
19986-105,627.82
19987-98,264.50
19988-93,451.06
19989-94,657.38
199810-105,045.44
199811-109,356.62
199812-114,876.60
19991-114,799.96
19992-118,156.15
19993-123,177.81
19994-123,056.07
19995-122,303.26
19996-127,834.28
19997-123,009.33
19998-122,273.71
19999-120,717.81
199910-129,295.96
199911-132,927.53
199912-132,769.44
20001-129,479.31
20002-134,582.03
20003-136,499.37
20004-132,624.44
20005-136,819.99
20006-137,983.42
20007-139,280.07
20008-137,776.33
20009-130,592.36
200010-129,583.45
200011-125,281.18
200012-125,851.22
20011-123,162.71
20012-111,979.66
20013-112,482.10
20014-120,220.12
20015-117,348.48
20016-114,226.75
20017-111,889.85
20018-99,305.24
20019-102,467.15
200110-107,644.96
200111-109,223.09
200112-108,897.94
20021-105,246.85
20022-110,451.59
20023-106,569.84
20024-103,564.18
20025-97,432.18
20026-86,949.94
20027-87,940.12
20028-83,756.17
20029-82,611.19
200210-88,084.65
200211-87,172.92
200212-86,978.95
20031-81,399.39
20032-82,464.01
20033-86,822.94
20034-91,435.16
20035-96,650.79
20036-97,226.73
20037-97,065.02
20038-100,133.42
20039-102,163.96
200310-103,400.74
200311-106,568.74
200312-111,827.87
20041-113,043.06
20042-111,273.72
20043-112,351.00
20044-109,470.03
20045-112,598.33
20046-110,077.50
20047-108,550.10
20048-111,570.64
20049-111,685.11
200410-117,016.84
200411-120,208.41
200412-118,586.54
20051-120,580.22
20052-120,272.03
20053-117,374.78
20054-118,942.75
20055-121,536.53
20056-123,733.66
20057-124,117.26
20058-124,464.40
20059-121,198.18
200510-125,999.50
200511-128,701.09
200512-130,588.84
20061-130,567.11
20062-132,507.52
20063-133,565.37
20064-132,514.70
20065-128,929.12
20066-129,857.47
20067-132,833.49
20068-136,195.73
20069-141,120.45
200610-143,945.18
200611-147,037.50
200612-148,056.22
20071-150,419.27
20072-146,698.06
20073-152,830.42
20074-158,014.05
20075-158,559.04
20076-159,470.15
20077-152,770.64
20078-157,467.94
20079-162,178.81
200710-154,383.99
200711-156,295.61
200712-145,925.08
20081-143,642.87
20082-139,869.89
20083-145,805.69
20084-149,542.12
20085-143,191.69
20086-134,487.82
20087-137,326.23
20088-130,669.29
20089-104,282.48
200810-95,308.61
200811-94,973.87
200812-93,933.38
20091-87,637.49
20092-82,653.16
20093-92,837.47
20094-99,020.29
20095-101,861.04
20096-103,162.46
20097-111,540.02
20098-115,611.61
20099-118,389.89
200910-120,869.35
200911-123,559.73
200912-125,236.40
20101-121,606.46
20102-128,833.57
20103-134,100.20
20104-126,211.89
20105-121,739.49
20106-121,545.84
20107-122,595.52
20108-126,728.41
20109-132,529.32
201010-135,830.51
201011-140,874.90
201012-145,752.26
20111-150,344.72
20112-148,672.19
20113-151,974.17
20114-152,976.04
20115-147,373.14
20116-151,944.26
20117-136,141.08
20118-135,066.59
20119-139,144.12
201110-141,602.97
201111-143,804.54
201112-150,682.08
20121-156,954.39
20122-161,480.70
20123-161,418.99
20124-156,429.61
20125-154,626.90
20126-159,143.68
20127-164,534.99
20128-169,505.87
20129-169,137.81
201210-164,338.54
201211-167,913.78
201212-175,081.62
20131-179,166.31
20132-184,044.03
20133-186,719.65
20134-195,260.71
20135-193,078.13
20136-199,361.82
20137-199,865.26
20138-202,248.59
20139-206,531.31
201310-214,503.40
201311-217,767.42
201312-219,874.99
20141-219,589.07
20142-225,566.88
20143-226,021.90
20144-229,484.63
20145-236,819.69
20146-240,362.09
20147-239,335.86
20148-243,591.34
20149-237,144.49
201410-250,675.13
201411-252,264.13
201412-249,463.88
20151-256,517.22
20152-256,659.23
20153-258,913.75
20154-261,448.27
20155-260,309.66
20156-260,102.38
20157-253,796.46
20158-242,357.61
20159-252,820.48
201510-260,234.37
201511-257,364.06
201512-240,842.26
20161-239,517.85
20162-254,757.71
20163-261,970.57
20164-261,173.22
20165-263,958.61
20166-272,662.48
20167-275,932.41
20168-274,721.97
20169-273,331.93
201610-276,615.08
201611-287,530.22
201612-291,663.85
20171-299,178.41
20172-304,411.81
20173-303,943.00
20174-309,086.85
20175-314,577.56
20176-317,685.22
20177-318,472.46
20178-323,737.65
20179-332,591.22
201710-337,877.99
201711-347,620.65
201712-364,521.62
20181-353,999.02
20182-354,227.63
20183-348,333.38
20184-355,166.36
20185-362,670.92
20186-368,403.81
20187-377,432.67
20188-383,772.58
20189-369,001.23
201810-361,340.37
201811-341,240.76
201812-347,163.46
20191-367,399.28
20192-374,556.30
20193-388,501.85
20194-382,550.83
20195-387,924.71
20196-402,771.92
20197-390,147.38
20198-402,184.31
20199-402,223.74
201910-420,057.10
201911-430,429.66
201912-444,833.54
20201-445,376.58
20202-361,121.54
20203-376,716.98
20204-398,895.69
20205-424,856.90
20206-439,626.78
20207-465,536.20
20208-462,617.28
20209-470,602.06
202010-489,210.21
202011-510,050.96
202012-524,308.41
20211-537,371.71
20212-541,785.45
20213-574,408.99
20214-578,775.83
20215-589,254.12
20216-607,333.62
20217-620,604.84
20218-620,080.44
20219-622,884.29
202110-652,438.56
202111-654,170.15
202112-640,746.89
20221-622,148.77
20222-616,595.57
20223-617,325.01
20224-568,724.68
20225-549,562.15
20226-552,115.89
20227-587,712.98
20228-544,942.73
20229-528,097.59
202210-556,008.05
202211-556,068.31
202212-563,722.34
20231-581,462.52
20232-566,429.24
20233-589,065.00
20234-593,410.51
20235-622,737.96
20236-646,875.55
20237-640,422.08
20238-634,315.16
20239-615,049.02
202310-643,351.88
202311-676,646.93
202312-696,349.78
20241-725,591.40
20242-749,406.18
20243-741,843.71
20244-760,513.79
20245-787,516.47
20246-806,256.70
20247-798,431.09
20248-820,165.26
20249-846,015.94
202410-867,012.23
202411-879,760.09
202412-876,078.09
20251-885,666.94
20252-834,569.05
20253-789,325.09
20254-855,152.86
20255-888,329.95
20256-928,547.09
20257-946,085.53
20258-972,889.85
20259-996,268.35
202510-998,005.73
202511-1,015,580.18
202512-1,017,361.66
Click to show 1002 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 1942 to 2026
Start Value
Average monthly close
$8.93
End Value
Average monthly close
$6,858.47
Change in price +76,702.58%
+8.23% / yr
Change incl. dividends +1,201,169.47%
+11.83% / yr
Change incl. dividends, inflation-adjusted +60,311.49%
+7.92% / yr
Final amount, nominal
($100 base)
$1,201,269.47
Final amount, inflation-adjusted
($100 base)
$60,411.49