Stock market returns since 1954
If you invested $100 in the S&P 500 at the beginning of 1954, you would have about $94,607.46 at the beginning of 2020, assuming you reinvested all dividends. This is a return on investment of 94,507.46%, or 10.93% per year.
This investment result beats inflation during this period for an inflation-adjusted return of about 9,734.82% cumulatively, or 7.19% per year.
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 $94,507.46, or 94,507.46%. This means by 2020 you would have $94,607.46 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 1954 was 26.854 and the CPI in 2020 was 258.325.
The ratio between these CPIs describes how relative buying power of a dollar has changed over 66 years.
Adjusted for inflation, the $94,607.46 nominal end value of the original $100 investment would have a real value of roughly $9,734.82 in 1954 dollars. This means the inflation-adjusted return is 9,734.82% as opposed to the original 94,507.46%.
For more information on inflation, see our U.S. inflation calculator for 1954.
Full monthly data
The table below shows the full dataset pertaining to a $100 investment, including gains and losses over the 793-month period between 1954 and 2020.
Note that data shown is the monthly average closing price.
| Year | Month | Return (%) | Amount ($) |
|---|---|---|---|
| 1954 | 1 | 2.20% | 102.68 |
| 1954 | 2 | 2.11% | 105.33 |
| 1954 | 3 | 3.99% | 110.02 |
| 1954 | 4 | 3.98% | 114.88 |
| 1954 | 5 | 0.80% | 116.29 |
| 1954 | 6 | 4.04% | 121.47 |
| 1954 | 7 | 1.99% | 124.38 |
| 1954 | 8 | 2.34% | 127.79 |
| 1954 | 9 | 2.32% | 131.25 |
| 1954 | 10 | 3.92% | 136.90 |
| 1954 | 11 | 4.58% | 143.68 |
| 1954 | 12 | 1.80% | 146.79 |
| 1955 | 1 | 3.34% | 152.23 |
| 1955 | 2 | -0.79% | 151.57 |
| 1955 | 3 | 3.45% | 157.34 |
| 1955 | 4 | -0.42% | 157.21 |
| 1955 | 5 | 5.80% | 166.88 |
| 1955 | 6 | 7.32% | 179.63 |
| 1955 | 7 | -0.61% | 179.09 |
| 1955 | 8 | 4.50% | 187.72 |
| 1955 | 9 | -5.03% | 178.85 |
| 1955 | 10 | 6.74% | 191.49 |
| 1955 | 11 | 0.93% | 193.86 |
| 1955 | 12 | -2.69% | 189.23 |
| 1956 | 1 | 0.63% | 191.02 |
| 1956 | 2 | 6.89% | 204.79 |
| 1956 | 3 | 1.18% | 207.83 |
| 1956 | 4 | -3.14% | 201.93 |
| 1956 | 5 | -0.58% | 201.40 |
| 1956 | 6 | 5.42% | 212.98 |
| 1956 | 7 | -0.59% | 212.37 |
| 1956 | 8 | -3.40% | 205.81 |
| 1956 | 9 | -1.28% | 203.85 |
| 1956 | 10 | -1.04% | 202.40 |
| 1956 | 11 | 1.49% | 206.06 |
| 1956 | 12 | -2.17% | 202.22 |
| 1957 | 1 | -4.31% | 194.14 |
| 1957 | 2 | 1.29% | 197.28 |
| 1957 | 3 | 2.32% | 202.50 |
| 1957 | 4 | 3.84% | 210.93 |
| 1957 | 5 | 1.65% | 215.05 |
| 1957 | 6 | 2.02% | 220.04 |
| 1957 | 7 | -5.50% | 208.59 |
| 1957 | 8 | -4.06% | 200.79 |
| 1957 | 9 | -6.23% | 188.95 |
| 1957 | 10 | -2.16% | 185.55 |
| 1957 | 11 | -0.05% | 186.14 |
| 1957 | 12 | 1.96% | 190.47 |
| 1958 | 1 | 0.34% | 191.81 |
| 1958 | 2 | 2.06% | 196.45 |
| 1958 | 3 | 0.55% | 198.21 |
| 1958 | 4 | 3.21% | 205.26 |
| 1958 | 5 | 2.40% | 210.87 |
| 1958 | 6 | 2.75% | 217.35 |
| 1958 | 7 | 3.74% | 226.16 |
| 1958 | 8 | 2.64% | 232.82 |
| 1958 | 9 | 4.06% | 242.97 |
| 1958 | 10 | 3.04% | 251.05 |
| 1958 | 11 | 1.89% | 256.48 |
| 1958 | 12 | 3.98% | 267.39 |
| 1959 | 1 | -1.53% | 264.01 |
| 1959 | 2 | 2.54% | 271.42 |
| 1959 | 3 | 1.67% | 276.67 |
| 1959 | 4 | 1.51% | 281.56 |
| 1959 | 5 | -0.86% | 279.85 |
| 1959 | 6 | 3.97% | 291.68 |
| 1959 | 7 | -0.57% | 290.75 |
| 1959 | 8 | -3.96% | 279.98 |
| 1959 | 9 | -0.09% | 280.48 |
| 1959 | 10 | 0.40% | 282.36 |
| 1959 | 11 | 3.20% | 292.13 |
| 1959 | 12 | -1.74% | 287.79 |
| 1960 | 1 | -3.88% | 277.41 |
| 1960 | 2 | -1.36% | 274.42 |
| 1960 | 3 | 1.29% | 278.76 |
| 1960 | 4 | -0.92% | 277.02 |
| 1960 | 5 | 3.69% | 288.07 |
| 1960 | 6 | -2.48% | 281.74 |
| 1960 | 7 | 1.20% | 285.94 |
| 1960 | 8 | -3.01% | 278.16 |
| 1960 | 9 | -1.97% | 273.51 |
| 1960 | 10 | 3.24% | 283.19 |
| 1960 | 11 | 2.40% | 290.81 |
| 1960 | 12 | 5.14% | 306.59 |
| 1961 | 1 | 4.10% | 320.01 |
| 1961 | 2 | 3.14% | 330.88 |
| 1961 | 3 | 2.67% | 340.53 |
| 1961 | 4 | 1.02% | 344.84 |
| 1961 | 5 | -1.32% | 341.11 |
| 1961 | 6 | -0.27% | 341.02 |
| 1961 | 7 | 3.59% | 354.11 |
| 1961 | 8 | -0.78% | 352.19 |
| 1961 | 9 | 1.10% | 356.92 |
| 1961 | 10 | 4.53% | 373.95 |
| 1961 | 11 | 0.93% | 378.30 |
| 1961 | 12 | -3.72% | 365.11 |
| 1962 | 1 | 1.66% | 372.08 |
| 1962 | 2 | 0.10% | 373.35 |
| 1962 | 3 | -3.19% | 362.36 |
| 1962 | 4 | -7.44% | 336.32 |
| 1962 | 5 | -11.68% | 297.94 |
| 1962 | 6 | 2.41% | 306.03 |
| 1962 | 7 | 2.72% | 315.28 |
| 1962 | 8 | -0.89% | 313.41 |
| 1962 | 9 | -3.16% | 304.46 |
| 1962 | 10 | 6.89% | 326.38 |
| 1962 | 11 | 4.33% | 341.48 |
| 1962 | 12 | 3.86% | 355.64 |
| 1963 | 1 | 1.32% | 361.31 |
| 1963 | 2 | -0.38% | 360.92 |
| 1963 | 3 | 4.71% | 378.89 |
| 1963 | 4 | 2.01% | 387.49 |
| 1963 | 5 | -0.04% | 388.32 |
| 1963 | 6 | -1.48% | 383.58 |
| 1963 | 7 | 2.77% | 395.21 |
| 1963 | 8 | 2.63% | 406.64 |
| 1963 | 9 | 0.25% | 408.68 |
| 1963 | 10 | -0.56% | 407.42 |
| 1963 | 11 | 2.13% | 417.17 |
| 1963 | 12 | 3.07% | 431.07 |
| 1964 | 1 | 1.23% | 437.45 |
| 1964 | 2 | 1.82% | 446.51 |
| 1964 | 3 | 1.45% | 454.06 |
| 1964 | 4 | 0.98% | 459.61 |
| 1964 | 5 | -0.59% | 457.99 |
| 1964 | 6 | 3.71% | 476.14 |
| 1964 | 7 | -1.47% | 470.30 |
| 1964 | 8 | 1.72% | 479.54 |
| 1964 | 9 | 1.73% | 488.99 |
| 1964 | 10 | 0.70% | 493.57 |
| 1964 | 11 | -1.73% | 486.22 |
| 1964 | 12 | 2.57% | 499.93 |
| 1965 | 1 | 0.73% | 504.81 |
| 1965 | 2 | 0.09% | 506.50 |
| 1965 | 3 | 1.31% | 514.39 |
| 1965 | 4 | 1.49% | 523.30 |
| 1965 | 5 | -4.75% | 499.72 |
| 1965 | 6 | -0.15% | 500.23 |
| 1965 | 7 | 1.86% | 510.83 |
| 1965 | 8 | 3.34% | 529.20 |
| 1965 | 9 | 2.25% | 542.41 |
| 1965 | 10 | 0.83% | 548.25 |
| 1965 | 11 | -0.46% | 547.09 |
| 1965 | 12 | 1.73% | 557.92 |
| 1966 | 1 | -0.68% | 555.52 |
| 1966 | 2 | -4.11% | 534.06 |
| 1966 | 3 | 3.06% | 551.80 |
| 1966 | 4 | -5.26% | 524.17 |
| 1966 | 5 | -0.83% | 521.24 |
| 1966 | 6 | -0.26% | 521.33 |
| 1966 | 7 | -6.05% | 491.25 |
| 1966 | 8 | -3.52% | 475.41 |
| 1966 | 9 | -0.87% | 472.73 |
| 1966 | 10 | 5.00% | 497.86 |
| 1966 | 11 | 0.42% | 501.42 |
| 1966 | 12 | 3.84% | 522.13 |
| 1967 | 1 | 3.45% | 541.61 |
| 1967 | 2 | 2.36% | 555.87 |
| 1967 | 3 | 1.72% | 566.95 |
| 1967 | 4 | 1.79% | 578.61 |
| 1967 | 5 | -1.25% | 572.87 |
| 1967 | 6 | 1.73% | 584.29 |
| 1967 | 7 | 1.59% | 595.11 |
| 1967 | 8 | 1.40% | 604.95 |
| 1967 | 9 | -0.16% | 605.54 |
| 1967 | 10 | -3.14% | 588.09 |
| 1967 | 11 | 2.85% | 606.39 |
| 1967 | 12 | -0.27% | 606.28 |
| 1968 | 1 | -4.51% | 580.47 |
| 1968 | 2 | -1.83% | 571.42 |
| 1968 | 3 | 7.39% | 615.20 |
| 1968 | 4 | 2.30% | 630.94 |
| 1968 | 5 | 2.69% | 649.49 |
| 1968 | 6 | -0.20% | 649.81 |
| 1968 | 7 | -2.18% | 637.24 |
| 1968 | 8 | 3.25% | 659.60 |
| 1968 | 9 | 2.47% | 677.52 |
| 1968 | 10 | 1.54% | 689.62 |
| 1968 | 11 | 1.04% | 698.48 |
| 1968 | 12 | -4.23% | 670.65 |
| 1969 | 1 | -0.49% | 669.05 |
| 1969 | 2 | -2.17% | 656.24 |
| 1969 | 3 | 2.01% | 671.17 |
| 1969 | 4 | 3.26% | 694.75 |
| 1969 | 5 | -5.22% | 660.21 |
| 1969 | 6 | -4.47% | 632.45 |
| 1969 | 7 | -0.56% | 630.65 |
| 1969 | 8 | 0.35% | 634.62 |
| 1969 | 9 | 1.07% | 643.16 |
| 1969 | 10 | 0.72% | 649.58 |
| 1969 | 11 | -5.30% | 616.92 |
| 1969 | 12 | -0.88% | 613.28 |
| 1970 | 1 | -3.49% | 593.68 |
| 1970 | 2 | 1.71% | 605.63 |
| 1970 | 3 | -3.05% | 588.99 |
| 1970 | 4 | -11.51% | 523.03 |
| 1970 | 5 | -0.62% | 521.62 |
| 1970 | 6 | 0.17% | 524.34 |
| 1970 | 7 | 2.91% | 541.41 |
| 1970 | 8 | 5.98% | 575.64 |
| 1970 | 9 | 2.17% | 589.97 |
| 1970 | 10 | -0.11% | 591.19 |
| 1970 | 11 | 6.85% | 633.51 |
| 1970 | 12 | 3.82% | 659.55 |
| 1971 | 1 | 3.87% | 686.93 |
| 1971 | 2 | 2.56% | 706.38 |
| 1971 | 3 | 3.41% | 732.33 |
| 1971 | 4 | -1.36% | 724.22 |
| 1971 | 5 | -1.85% | 712.66 |
| 1971 | 6 | -0.72% | 709.36 |
| 1971 | 7 | -1.78% | 698.60 |
| 1971 | 8 | 2.22% | 715.97 |
| 1971 | 9 | -2.12% | 702.63 |
| 1971 | 10 | -4.64% | 671.91 |
| 1971 | 11 | 6.89% | 720.04 |
| 1971 | 12 | 4.16% | 751.89 |
| 1972 | 1 | 1.84% | 767.58 |
| 1972 | 2 | 2.38% | 787.69 |
| 1972 | 3 | 1.02% | 797.60 |
| 1972 | 4 | -1.01% | 791.42 |
| 1972 | 5 | 0.28% | 795.50 |
| 1972 | 6 | -0.74% | 791.49 |
| 1972 | 7 | 3.54% | 821.44 |
| 1972 | 8 | -1.44% | 811.50 |
| 1972 | 9 | 0.18% | 814.88 |
| 1972 | 10 | 5.02% | 857.70 |
| 1972 | 11 | 2.09% | 877.52 |
| 1972 | 12 | 0.77% | 886.21 |
| 1973 | 1 | -3.55% | 856.74 |
| 1973 | 2 | -1.58% | 845.21 |
| 1973 | 3 | -1.87% | 831.41 |
| 1973 | 4 | -2.81% | 810.04 |
| 1973 | 5 | -2.24% | 793.92 |
| 1973 | 6 | 0.95% | 803.53 |
| 1973 | 7 | -1.89% | 790.39 |
| 1973 | 8 | 1.73% | 806.16 |
| 1973 | 9 | 3.98% | 840.31 |
| 1973 | 10 | -7.10% | 782.72 |
| 1973 | 11 | -7.08% | 729.45 |
| 1973 | 12 | 1.40% | 741.86 |
| 1974 | 1 | -2.77% | 723.51 |
| 1974 | 2 | 4.27% | 756.61 |
| 1974 | 3 | -5.11% | 720.17 |
| 1974 | 4 | -3.02% | 700.68 |
| 1974 | 5 | 0.13% | 703.89 |
| 1974 | 6 | -11.67% | 624.02 |
| 1974 | 7 | -4.14% | 600.52 |
| 1974 | 8 | -10.40% | 540.39 |
| 1974 | 9 | 1.94% | 553.24 |
| 1974 | 10 | 3.31% | 573.95 |
| 1974 | 11 | -6.51% | 538.98 |
| 1974 | 12 | 8.19% | 585.51 |
| 1975 | 1 | 10.39% | 648.79 |
| 1975 | 2 | 4.59% | 681.06 |
| 1975 | 3 | 1.12% | 691.19 |
| 1975 | 4 | 6.35% | 737.58 |
| 1975 | 5 | 2.55% | 758.93 |
| 1975 | 6 | 0.10% | 762.21 |
| 1975 | 7 | -7.33% | 708.89 |
| 1975 | 8 | -1.21% | 702.84 |
| 1975 | 9 | 4.61% | 737.78 |
| 1975 | 10 | 1.69% | 752.84 |
| 1975 | 11 | -1.52% | 743.96 |
| 1975 | 12 | 9.20% | 814.98 |
| 1976 | 1 | 3.86% | 849.03 |
| 1976 | 2 | 0.50% | 855.84 |
| 1976 | 3 | 0.79% | 865.22 |
| 1976 | 4 | -0.69% | 861.90 |
| 1976 | 5 | 0.59% | 869.66 |
| 1976 | 6 | 2.36% | 892.84 |
| 1976 | 7 | -0.86% | 887.84 |
| 1976 | 8 | 2.13% | 909.48 |
| 1976 | 9 | -3.41% | 881.21 |
| 1976 | 10 | -0.69% | 877.98 |
| 1976 | 11 | 3.46% | 911.23 |
| 1976 | 12 | -0.86% | 906.33 |
| 1977 | 1 | -2.70% | 884.86 |
| 1977 | 2 | -0.40% | 884.38 |
| 1977 | 3 | -1.54% | 873.83 |
| 1977 | 4 | -0.29% | 874.39 |
| 1977 | 5 | 0.54% | 882.26 |
| 1977 | 6 | 0.92% | 893.57 |
| 1977 | 7 | -2.45% | 875.00 |
| 1977 | 8 | -1.55% | 864.71 |
| 1977 | 9 | -2.59% | 845.71 |
| 1977 | 10 | 0.58% | 854.01 |
| 1977 | 11 | -0.49% | 853.32 |
| 1977 | 12 | -3.81% | 824.39 |
| 1978 | 1 | -1.41% | 816.38 |
| 1978 | 2 | -0.18% | 818.55 |
| 1978 | 3 | 4.38% | 858.08 |
| 1978 | 4 | 5.07% | 905.31 |
| 1978 | 5 | 0.26% | 911.41 |
| 1978 | 6 | -0.48% | 910.84 |
| 1978 | 7 | 6.90% | 977.59 |
| 1978 | 8 | 0.00% | 981.50 |
| 1978 | 9 | -3.18% | 954.28 |
| 1978 | 10 | -5.85% | 902.39 |
| 1978 | 11 | 1.48% | 919.74 |
| 1978 | 12 | 3.75% | 958.23 |
| 1979 | 1 | -1.48% | 948.11 |
| 1979 | 2 | 1.90% | 970.30 |
| 1979 | 3 | 2.00% | 993.89 |
| 1979 | 4 | -2.32% | 975.07 |
| 1979 | 5 | 1.98% | 998.65 |
| 1979 | 6 | 0.98% | 1,012.84 |
| 1979 | 7 | 4.58% | 1,063.62 |
| 1979 | 8 | 1.12% | 1,080.01 |
| 1979 | 9 | -3.78% | 1,043.80 |
| 1979 | 10 | -0.77% | 1,040.44 |
| 1979 | 11 | 3.95% | 1,086.26 |
| 1979 | 12 | 2.88% | 1,122.24 |
| 1980 | 1 | 3.97% | 1,171.57 |
| 1980 | 2 | -9.19% | 1,068.73 |
| 1980 | 3 | -1.62% | 1,056.31 |
| 1980 | 4 | 4.56% | 1,109.51 |
| 1980 | 5 | 6.41% | 1,185.65 |
| 1980 | 6 | 4.54% | 1,244.57 |
| 1980 | 7 | 3.09% | 1,288.19 |
| 1980 | 8 | 2.43% | 1,324.72 |
| 1980 | 9 | 2.92% | 1,368.77 |
| 1980 | 10 | 4.22% | 1,431.93 |
| 1980 | 11 | -1.62% | 1,414.11 |
| 1980 | 12 | -0.37% | 1,414.25 |
| 1981 | 1 | -3.46% | 1,370.83 |
| 1981 | 2 | 3.74% | 1,427.62 |
| 1981 | 3 | 0.90% | 1,446.10 |
| 1981 | 4 | -2.01% | 1,422.71 |
| 1981 | 5 | 0.46% | 1,434.91 |
| 1981 | 6 | -2.42% | 1,405.98 |
| 1981 | 7 | 0.39% | 1,417.26 |
| 1981 | 8 | -8.72% | 1,299.59 |
| 1981 | 9 | 1.27% | 1,322.04 |
| 1981 | 10 | 2.59% | 1,362.28 |
| 1981 | 11 | 0.73% | 1,378.34 |
| 1981 | 12 | -5.25% | 1,312.13 |
| 1982 | 1 | -2.39% | 1,287.01 |
| 1982 | 2 | -3.23% | 1,251.69 |
| 1982 | 3 | 4.96% | 1,320.15 |
| 1982 | 4 | 0.09% | 1,327.67 |
| 1982 | 5 | -5.76% | 1,257.69 |
| 1982 | 6 | -0.27% | 1,260.76 |
| 1982 | 7 | 0.27% | 1,270.77 |
| 1982 | 8 | 11.58% | 1,424.49 |
| 1982 | 9 | 8.42% | 1,551.00 |
| 1982 | 10 | 4.07% | 1,620.80 |
| 1982 | 11 | 0.94% | 1,642.77 |
| 1982 | 12 | 3.52% | 1,707.26 |
| 1983 | 1 | 1.73% | 1,743.62 |
| 1983 | 2 | 3.47% | 1,811.02 |
| 1983 | 3 | 3.82% | 1,887.04 |
| 1983 | 4 | 4.06% | 1,970.52 |
| 1983 | 5 | 1.40% | 2,005.07 |
| 1983 | 6 | 0.36% | 2,019.27 |
| 1983 | 7 | -2.75% | 1,970.67 |
| 1983 | 8 | 2.96% | 2,035.97 |
| 1983 | 9 | 0.30% | 2,049.16 |
| 1983 | 10 | -1.49% | 2,025.77 |
| 1983 | 11 | -0.48% | 2,023.18 |
| 1983 | 12 | 1.22% | 2,055.06 |
| 1984 | 1 | -5.47% | 1,950.00 |
| 1984 | 2 | 0.06% | 1,958.63 |
| 1984 | 3 | 0.13% | 1,968.56 |
| 1984 | 4 | -0.63% | 1,963.59 |
| 1984 | 5 | -2.23% | 1,927.30 |
| 1984 | 6 | -1.31% | 1,909.79 |
| 1984 | 7 | 8.80% | 2,085.61 |
| 1984 | 8 | 1.03% | 2,114.96 |
| 1984 | 9 | -0.78% | 2,106.24 |
| 1984 | 10 | 0.91% | 2,133.32 |
| 1984 | 11 | -1.08% | 2,118.23 |
| 1984 | 12 | 4.32% | 2,217.73 |
| 1985 | 1 | 5.42% | 2,346.08 |
| 1985 | 2 | -0.83% | 2,334.86 |
| 1985 | 3 | 0.67% | 2,358.78 |
| 1985 | 4 | 2.38% | 2,423.31 |
| 1985 | 5 | 2.16% | 2,484.16 |
| 1985 | 6 | 1.91% | 2,539.98 |
| 1985 | 7 | -2.18% | 2,493.11 |
| 1985 | 8 | -2.23% | 2,446.12 |
| 1985 | 9 | 1.14% | 2,482.70 |
| 1985 | 10 | 6.07% | 2,642.10 |
| 1985 | 11 | 4.96% | 2,781.99 |
| 1985 | 12 | 0.43% | 2,802.90 |
| 1986 | 1 | 5.38% | 2,962.59 |
| 1986 | 2 | 5.88% | 3,145.76 |
| 1986 | 3 | 2.45% | 3,232.00 |
| 1986 | 4 | 0.21% | 3,247.90 |
| 1986 | 5 | 2.85% | 3,349.66 |
| 1986 | 6 | -2.08% | 3,289.24 |
| 1986 | 7 | 2.00% | 3,364.26 |
| 1986 | 8 | -2.73% | 3,281.62 |
| 1986 | 9 | -0.38% | 3,278.68 |
| 1986 | 10 | 3.24% | 3,394.51 |
| 1986 | 11 | 1.43% | 3,452.52 |
| 1986 | 12 | 6.40% | 3,682.92 |
| 1987 | 1 | 6.20% | 3,920.90 |
| 1987 | 2 | 4.13% | 4,092.50 |
| 1987 | 3 | -1.09% | 4,057.45 |
| 1987 | 4 | -0.07% | 4,064.46 |
| 1987 | 5 | 4.25% | 4,247.30 |
| 1987 | 6 | 2.89% | 4,379.91 |
| 1987 | 7 | 6.22% | 4,662.59 |
| 1987 | 8 | -3.25% | 4,521.29 |
| 1987 | 9 | -12.08% | 3,985.34 |
| 1987 | 10 | -12.56% | 3,495.01 |
| 1987 | 11 | -1.63% | 3,448.36 |
| 1987 | 12 | 3.94% | 3,594.80 |
| 1988 | 1 | 3.03% | 3,714.45 |
| 1988 | 2 | 2.94% | 3,834.50 |
| 1988 | 3 | -1.17% | 3,800.53 |
| 1988 | 4 | -2.48% | 3,717.36 |
| 1988 | 5 | 5.70% | 3,940.34 |
| 1988 | 6 | -0.59% | 3,928.25 |
| 1988 | 7 | -2.01% | 3,860.74 |
| 1988 | 8 | 1.63% | 3,935.14 |
| 1988 | 9 | 3.51% | 4,084.74 |
| 1988 | 10 | -2.31% | 4,002.22 |
| 1988 | 11 | 2.03% | 4,095.31 |
| 1988 | 12 | 3.22% | 4,239.16 |
| 1989 | 1 | 3.01% | 4,379.05 |
| 1989 | 2 | -0.44% | 4,371.97 |
| 1989 | 3 | 3.28% | 4,527.82 |
| 1989 | 4 | 3.84% | 4,714.16 |
| 1989 | 5 | 3.12% | 4,874.09 |
| 1989 | 6 | 2.53% | 5,010.57 |
| 1989 | 7 | 4.43% | 5,245.61 |
| 1989 | 8 | 0.20% | 5,269.50 |
| 1989 | 9 | 0.03% | 5,284.59 |
| 1989 | 10 | -2.07% | 5,188.75 |
| 1989 | 11 | 2.47% | 5,330.75 |
| 1989 | 12 | -2.48% | 5,212.87 |
| 1990 | 1 | -2.80% | 5,081.13 |
| 1990 | 2 | 2.42% | 5,218.69 |
| 1990 | 3 | -0.08% | 5,228.92 |
| 1990 | 4 | 3.57% | 5,430.28 |
| 1990 | 5 | 2.90% | 5,602.42 |
| 1990 | 6 | -0.10% | 5,611.92 |
| 1990 | 7 | -8.13% | 5,170.76 |
| 1990 | 8 | -4.64% | 4,946.29 |
| 1990 | 9 | -2.63% | 4,831.75 |
| 1990 | 10 | 2.66% | 4,975.92 |
| 1990 | 11 | 4.27% | 5,204.14 |
| 1990 | 12 | -0.99% | 5,168.49 |
| 1991 | 1 | 11.30% | 5,768.38 |
| 1991 | 2 | 2.77% | 5,944.01 |
| 1991 | 3 | 1.99% | 6,078.27 |
| 1991 | 4 | -0.45% | 6,067.40 |
| 1991 | 5 | 0.08% | 6,088.45 |
| 1991 | 6 | 0.51% | 6,135.97 |
| 1991 | 7 | 2.41% | 6,300.35 |
| 1991 | 8 | -0.56% | 6,281.25 |
| 1991 | 9 | -0.08% | 6,292.66 |
| 1991 | 10 | -0.25% | 6,293.66 |
| 1991 | 11 | 0.67% | 6,352.51 |
| 1991 | 12 | 7.10% | 6,819.93 |
| 1992 | 1 | -0.85% | 6,778.96 |
| 1992 | 2 | -1.26% | 6,710.33 |
| 1992 | 3 | 0.01% | 6,728.06 |
| 1992 | 4 | 1.82% | 6,867.22 |
| 1992 | 5 | -1.58% | 6,775.95 |
| 1992 | 6 | 1.66% | 6,905.51 |
| 1992 | 7 | 0.69% | 6,970.54 |
| 1992 | 8 | 0.13% | 6,996.91 |
| 1992 | 9 | -1.43% | 6,914.20 |
| 1992 | 10 | 2.51% | 7,104.82 |
| 1992 | 11 | 3.03% | 7,337.23 |
| 1992 | 12 | -0.09% | 7,347.71 |
| 1993 | 1 | 1.49% | 7,474.41 |
| 1993 | 2 | 1.92% | 7,635.12 |
| 1993 | 3 | -1.57% | 7,532.67 |
| 1993 | 4 | 0.49% | 7,587.26 |
| 1993 | 5 | 0.63% | 7,652.91 |
| 1993 | 6 | -0.17% | 7,657.58 |
| 1993 | 7 | 1.53% | 7,792.54 |
| 1993 | 8 | 1.13% | 7,898.13 |
| 1993 | 9 | 1.01% | 7,996.21 |
| 1993 | 10 | -0.22% | 7,996.82 |
| 1993 | 11 | 0.66% | 8,067.76 |
| 1993 | 12 | 1.51% | 8,207.81 |
| 1994 | 1 | -0.30% | 8,201.60 |
| 1994 | 2 | -1.65% | 8,084.82 |
| 1994 | 3 | -3.57% | 7,814.27 |
| 1994 | 4 | 0.82% | 7,896.97 |
| 1994 | 5 | 0.87% | 7,984.47 |
| 1994 | 6 | -0.75% | 7,943.04 |
| 1994 | 7 | 2.84% | 8,187.85 |
| 1994 | 8 | 0.59% | 8,254.79 |
| 1994 | 9 | -0.67% | 8,218.13 |
| 1994 | 10 | -0.60% | 8,187.74 |
| 1994 | 11 | -1.26% | 8,103.75 |
| 1994 | 12 | 2.21% | 8,302.39 |
| 1995 | 1 | 3.58% | 8,619.47 |
| 1995 | 2 | 2.33% | 8,839.97 |
| 1995 | 3 | 2.99% | 9,124.22 |
| 1995 | 4 | 3.13% | 9,429.68 |
| 1995 | 5 | 2.97% | 9,729.39 |
| 1995 | 6 | 3.34% | 10,074.54 |
| 1995 | 7 | 0.31% | 10,126.24 |
| 1995 | 8 | 3.52% | 10,502.70 |
| 1995 | 9 | 0.72% | 10,598.54 |
| 1995 | 10 | 2.16% | 10,848.49 |
| 1995 | 11 | 3.20% | 11,216.16 |
| 1995 | 12 | -0.02% | 11,234.40 |
| 1996 | 1 | 5.72% | 11,897.72 |
| 1996 | 2 | -0.38% | 11,873.85 |
| 1996 | 3 | 0.02% | 11,897.24 |
| 1996 | 4 | 2.17% | 12,177.40 |
| 1996 | 5 | 1.10% | 12,333.10 |
| 1996 | 6 | -3.65% | 11,904.33 |
| 1996 | 7 | 2.89% | 12,270.48 |
| 1996 | 8 | 1.84% | 12,518.80 |
| 1996 | 9 | 3.94% | 13,034.51 |
| 1996 | 10 | 4.88% | 13,693.03 |
| 1996 | 11 | 1.03% | 13,857.10 |
| 1996 | 12 | 3.09% | 14,308.50 |
| 1997 | 1 | 4.20% | 14,932.52 |
| 1997 | 2 | -0.78% | 14,839.39 |
| 1997 | 3 | -3.56% | 14,334.07 |
| 1997 | 4 | 9.05% | 15,655.36 |
| 1997 | 5 | 5.19% | 16,490.86 |
| 1997 | 6 | 5.59% | 17,436.76 |
| 1997 | 7 | 0.21% | 17,497.40 |
| 1997 | 8 | 1.05% | 17,705.97 |
| 1997 | 9 | 1.51% | 17,997.30 |
| 1997 | 10 | -1.29% | 17,789.97 |
| 1997 | 11 | 2.50% | 18,258.67 |
| 1997 | 12 | 0.10% | 18,301.95 |
| 1998 | 1 | 6.27% | 19,473.67 |
| 1998 | 2 | 5.19% | 20,508.29 |
| 1998 | 3 | 3.28% | 21,206.73 |
| 1998 | 4 | -0.34% | 21,159.68 |
| 1998 | 5 | 0.00% | 21,184.32 |
| 1998 | 6 | 4.35% | 22,130.77 |
| 1998 | 7 | -7.09% | 20,588.03 |
| 1998 | 8 | -5.02% | 19,579.54 |
| 1998 | 9 | 1.16% | 19,832.28 |
| 1998 | 10 | 10.84% | 22,008.75 |
| 1998 | 11 | 3.99% | 22,912.01 |
| 1998 | 12 | 4.93% | 24,068.54 |
| 1999 | 1 | -0.18% | 24,052.49 |
| 1999 | 2 | 2.81% | 24,755.66 |
| 1999 | 3 | 4.14% | 25,807.78 |
| 1999 | 4 | -0.20% | 25,782.28 |
| 1999 | 5 | -0.71% | 25,624.55 |
| 1999 | 6 | 4.42% | 26,783.39 |
| 1999 | 7 | -3.87% | 25,772.48 |
| 1999 | 8 | -0.70% | 25,618.36 |
| 1999 | 9 | -1.38% | 25,292.37 |
| 1999 | 10 | 7.00% | 27,089.64 |
| 1999 | 11 | 2.71% | 27,850.51 |
| 1999 | 12 | -0.22% | 27,817.39 |
| 2000 | 1 | -2.58% | 27,128.05 |
| 2000 | 2 | 3.84% | 28,197.15 |
| 2000 | 3 | 1.33% | 28,598.87 |
| 2000 | 4 | -2.93% | 27,787.01 |
| 2000 | 5 | 3.07% | 28,666.04 |
| 2000 | 6 | 0.76% | 28,909.80 |
| 2000 | 7 | 0.85% | 29,181.47 |
| 2000 | 8 | -1.17% | 28,866.41 |
| 2000 | 9 | -5.31% | 27,361.25 |
| 2000 | 10 | -0.87% | 27,149.87 |
| 2000 | 11 | -3.42% | 26,248.47 |
| 2000 | 12 | 0.35% | 26,367.91 |
| 2001 | 1 | -2.24% | 25,804.62 |
| 2001 | 2 | -9.18% | 23,461.58 |
| 2001 | 3 | 0.34% | 23,566.86 |
| 2001 | 4 | 6.77% | 25,188.10 |
| 2001 | 5 | -2.49% | 24,586.44 |
| 2001 | 6 | -2.77% | 23,932.39 |
| 2001 | 7 | -2.15% | 23,442.77 |
| 2001 | 8 | -11.36% | 20,806.08 |
| 2001 | 9 | 3.06% | 21,468.56 |
| 2001 | 10 | 4.93% | 22,553.39 |
| 2001 | 11 | 1.35% | 22,884.04 |
| 2001 | 12 | -0.41% | 22,815.91 |
| 2002 | 1 | -3.47% | 22,050.95 |
| 2002 | 2 | 4.83% | 23,141.43 |
| 2002 | 3 | -3.63% | 22,328.14 |
| 2002 | 4 | -2.94% | 21,698.40 |
| 2002 | 5 | -6.04% | 20,413.65 |
| 2002 | 6 | -10.89% | 18,217.45 |
| 2002 | 7 | 0.99% | 18,424.91 |
| 2002 | 8 | -4.90% | 17,548.30 |
| 2002 | 9 | -1.52% | 17,308.41 |
| 2002 | 10 | 6.47% | 18,455.19 |
| 2002 | 11 | -1.18% | 18,264.16 |
| 2002 | 12 | -0.37% | 18,223.52 |
| 2003 | 1 | -6.56% | 17,054.51 |
| 2003 | 2 | 1.15% | 17,277.57 |
| 2003 | 3 | 5.13% | 18,190.84 |
| 2003 | 4 | 5.16% | 19,157.17 |
| 2003 | 5 | 5.56% | 20,249.93 |
| 2003 | 6 | 0.46% | 20,370.60 |
| 2003 | 7 | -0.30% | 20,336.72 |
| 2003 | 8 | 3.02% | 20,979.60 |
| 2003 | 9 | 1.89% | 21,405.03 |
| 2003 | 10 | 1.08% | 21,664.16 |
| 2003 | 11 | 2.93% | 22,327.91 |
| 2003 | 12 | 4.80% | 23,429.78 |
| 2004 | 1 | 0.96% | 23,684.39 |
| 2004 | 2 | -1.70% | 23,313.68 |
| 2004 | 3 | 0.83% | 23,539.39 |
| 2004 | 4 | -2.70% | 22,935.78 |
| 2004 | 5 | 2.72% | 23,591.21 |
| 2004 | 6 | -2.38% | 23,063.05 |
| 2004 | 7 | -1.53% | 22,743.04 |
| 2004 | 8 | 2.64% | 23,375.89 |
| 2004 | 9 | -0.04% | 23,399.87 |
| 2004 | 10 | 4.63% | 24,516.96 |
| 2004 | 11 | 2.59% | 25,185.64 |
| 2004 | 12 | -1.48% | 24,845.83 |
| 2005 | 1 | 1.54% | 25,263.54 |
| 2005 | 2 | -0.39% | 25,198.97 |
| 2005 | 3 | -2.55% | 24,591.95 |
| 2005 | 4 | 1.19% | 24,920.47 |
| 2005 | 5 | 2.03% | 25,463.91 |
| 2005 | 6 | 1.66% | 25,924.24 |
| 2005 | 7 | 0.17% | 26,004.61 |
| 2005 | 8 | 0.13% | 26,077.34 |
| 2005 | 9 | -2.77% | 25,393.02 |
| 2005 | 10 | 3.81% | 26,398.97 |
| 2005 | 11 | 2.00% | 26,965.00 |
| 2005 | 12 | 1.32% | 27,360.52 |
| 2006 | 1 | -0.16% | 27,355.96 |
| 2006 | 2 | 1.34% | 27,762.51 |
| 2006 | 3 | 0.65% | 27,984.15 |
| 2006 | 4 | -0.93% | 27,764.01 |
| 2006 | 5 | -2.86% | 27,012.78 |
| 2006 | 6 | 0.56% | 27,207.28 |
| 2006 | 7 | 2.14% | 27,830.81 |
| 2006 | 8 | 2.38% | 28,535.25 |
| 2006 | 9 | 3.46% | 29,567.06 |
| 2006 | 10 | 1.85% | 30,158.89 |
| 2006 | 11 | 2.00% | 30,806.78 |
| 2006 | 12 | 0.55% | 31,020.22 |
| 2007 | 1 | 1.45% | 31,515.32 |
| 2007 | 2 | -2.62% | 30,735.66 |
| 2007 | 3 | 4.03% | 32,020.49 |
| 2007 | 4 | 3.25% | 33,106.55 |
| 2007 | 5 | 0.20% | 33,220.73 |
| 2007 | 6 | 0.43% | 33,411.63 |
| 2007 | 7 | -4.35% | 32,007.97 |
| 2007 | 8 | 2.92% | 32,992.13 |
| 2007 | 9 | 2.84% | 33,979.13 |
| 2007 | 10 | -4.95% | 32,345.99 |
| 2007 | 11 | 1.08% | 32,746.51 |
| 2007 | 12 | -6.79% | 30,573.71 |
| 2008 | 1 | -1.73% | 30,095.55 |
| 2008 | 2 | -2.80% | 29,305.05 |
| 2008 | 3 | 4.06% | 30,548.70 |
| 2008 | 4 | 2.39% | 31,331.54 |
| 2008 | 5 | -4.42% | 30,001.02 |
| 2008 | 6 | -6.26% | 28,177.42 |
| 2008 | 7 | 1.92% | 28,772.11 |
| 2008 | 8 | -5.03% | 27,377.37 |
| 2008 | 9 | -20.39% | 21,848.90 |
| 2008 | 10 | -8.85% | 19,968.73 |
| 2008 | 11 | -0.62% | 19,898.59 |
| 2008 | 12 | -1.37% | 19,680.59 |
| 2009 | 1 | -6.97% | 18,361.50 |
| 2009 | 2 | -5.97% | 17,317.20 |
| 2009 | 3 | 12.02% | 19,450.98 |
| 2009 | 4 | 6.40% | 20,746.38 |
| 2009 | 5 | 2.63% | 21,341.57 |
| 2009 | 6 | 1.05% | 21,614.24 |
| 2009 | 7 | 7.90% | 23,369.47 |
| 2009 | 8 | 3.45% | 24,222.54 |
| 2009 | 9 | 2.21% | 24,804.63 |
| 2009 | 10 | 1.91% | 25,324.12 |
| 2009 | 11 | 2.05% | 25,887.80 |
| 2009 | 12 | 1.19% | 26,239.09 |
| 2010 | 1 | -3.06% | 25,478.56 |
| 2010 | 2 | 5.77% | 26,992.76 |
| 2010 | 3 | 3.93% | 28,096.20 |
| 2010 | 4 | -6.04% | 26,443.47 |
| 2010 | 5 | -3.71% | 25,506.43 |
| 2010 | 6 | -0.33% | 25,465.86 |
| 2010 | 7 | 0.69% | 25,685.78 |
| 2010 | 8 | 3.20% | 26,551.69 |
| 2010 | 9 | 4.41% | 27,767.08 |
| 2010 | 10 | 2.33% | 28,458.73 |
| 2010 | 11 | 3.56% | 29,515.61 |
| 2010 | 12 | 3.31% | 30,537.50 |
| 2011 | 1 | 3.00% | 31,499.70 |
| 2011 | 2 | -1.26% | 31,149.28 |
| 2011 | 3 | 2.07% | 31,841.10 |
| 2011 | 4 | 0.51% | 32,051.00 |
| 2011 | 5 | -3.81% | 30,877.10 |
| 2011 | 6 | 2.94% | 31,834.83 |
| 2011 | 7 | -10.56% | 28,523.80 |
| 2011 | 8 | -0.96% | 28,298.68 |
| 2011 | 9 | 2.84% | 29,152.99 |
| 2011 | 10 | 1.59% | 29,668.16 |
| 2011 | 11 | 1.38% | 30,129.42 |
| 2011 | 12 | 4.61% | 31,570.38 |
| 2012 | 1 | 3.99% | 32,884.53 |
| 2012 | 2 | 2.72% | 33,832.87 |
| 2012 | 3 | -0.20% | 33,819.94 |
| 2012 | 4 | -3.26% | 32,774.58 |
| 2012 | 5 | -1.33% | 32,396.88 |
| 2012 | 6 | 2.74% | 33,343.23 |
| 2012 | 7 | 3.21% | 34,472.79 |
| 2012 | 8 | 2.85% | 35,514.27 |
| 2012 | 9 | -0.39% | 35,437.16 |
| 2012 | 10 | -3.01% | 34,431.63 |
| 2012 | 11 | 1.99% | 35,180.71 |
| 2012 | 12 | 4.09% | 36,682.49 |
| 2013 | 1 | 2.16% | 37,538.30 |
| 2013 | 2 | 2.55% | 38,560.26 |
| 2013 | 3 | 1.28% | 39,120.85 |
| 2013 | 4 | 4.40% | 40,910.34 |
| 2013 | 5 | -1.28% | 40,453.05 |
| 2013 | 6 | 3.08% | 41,769.59 |
| 2013 | 7 | 0.08% | 41,875.07 |
| 2013 | 8 | 1.02% | 42,374.41 |
| 2013 | 9 | 1.95% | 43,271.71 |
| 2013 | 10 | 3.69% | 44,942.00 |
| 2013 | 11 | 1.36% | 45,625.87 |
| 2013 | 12 | 0.81% | 46,067.44 |
| 2014 | 1 | -0.29% | 46,007.53 |
| 2014 | 2 | 2.56% | 47,259.98 |
| 2014 | 3 | 0.04% | 47,355.32 |
| 2014 | 4 | 1.37% | 48,080.81 |
| 2014 | 5 | 3.03% | 49,617.63 |
| 2014 | 6 | 1.34% | 50,359.82 |
| 2014 | 7 | -0.59% | 50,144.81 |
| 2014 | 8 | 1.62% | 51,036.40 |
| 2014 | 9 | -2.81% | 49,685.68 |
| 2014 | 10 | 5.54% | 52,520.57 |
| 2014 | 11 | 0.47% | 52,853.49 |
| 2014 | 12 | -1.27% | 52,266.80 |
| 2015 | 1 | 2.66% | 53,744.59 |
| 2015 | 2 | -0.11% | 53,774.34 |
| 2015 | 3 | 0.71% | 54,246.70 |
| 2015 | 4 | 0.82% | 54,777.72 |
| 2015 | 5 | -0.60% | 54,539.17 |
| 2015 | 6 | -0.25% | 54,495.74 |
| 2015 | 7 | -2.59% | 53,174.54 |
| 2015 | 8 | -4.68% | 50,777.92 |
| 2015 | 9 | 4.13% | 52,970.06 |
| 2015 | 10 | 2.76% | 54,523.39 |
| 2015 | 11 | -1.28% | 53,922.01 |
| 2015 | 12 | -6.60% | 50,460.43 |
| 2016 | 1 | -0.74% | 50,182.94 |
| 2016 | 2 | 6.17% | 53,375.94 |
| 2016 | 3 | 2.65% | 54,887.15 |
| 2016 | 4 | -0.48% | 54,720.10 |
| 2016 | 5 | 0.89% | 55,303.68 |
| 2016 | 6 | 3.12% | 57,127.29 |
| 2016 | 7 | 1.03% | 57,812.39 |
| 2016 | 8 | -0.61% | 57,558.78 |
| 2016 | 9 | -0.68% | 57,267.55 |
| 2016 | 10 | 1.03% | 57,955.42 |
| 2016 | 11 | 3.77% | 60,242.32 |
| 2016 | 12 | 1.27% | 61,108.39 |
| 2017 | 1 | 2.41% | 62,682.81 |
| 2017 | 2 | 1.58% | 63,779.29 |
| 2017 | 3 | -0.32% | 63,681.07 |
| 2017 | 4 | 1.53% | 64,758.79 |
| 2017 | 5 | 1.61% | 65,909.19 |
| 2017 | 6 | 0.83% | 66,560.29 |
| 2017 | 7 | 0.09% | 66,725.23 |
| 2017 | 8 | 1.49% | 67,828.38 |
| 2017 | 9 | 2.57% | 69,683.35 |
| 2017 | 10 | 1.43% | 70,791.01 |
| 2017 | 11 | 2.73% | 72,832.26 |
| 2017 | 12 | 4.71% | 76,373.29 |
| 2018 | 1 | -3.03% | 74,168.63 |
| 2018 | 2 | -0.09% | 74,216.53 |
| 2018 | 3 | -1.82% | 72,981.59 |
| 2018 | 4 | 1.80% | 74,413.21 |
| 2018 | 5 | 1.96% | 75,985.54 |
| 2018 | 6 | 1.43% | 77,186.67 |
| 2018 | 7 | 2.30% | 79,078.37 |
| 2018 | 8 | 1.53% | 80,406.68 |
| 2018 | 9 | -4.00% | 77,311.84 |
| 2018 | 10 | -2.23% | 75,706.77 |
| 2018 | 11 | -5.73% | 71,495.57 |
| 2018 | 12 | 1.56% | 72,736.47 |
| 2019 | 1 | 5.66% | 76,976.21 |
| 2019 | 2 | 1.78% | 78,475.72 |
| 2019 | 3 | 3.56% | 81,397.54 |
| 2019 | 4 | -1.69% | 80,150.71 |
| 2019 | 5 | 1.24% | 81,276.62 |
| 2019 | 6 | 3.67% | 84,387.36 |
| 2019 | 7 | -3.29% | 81,742.31 |
| 2019 | 8 | 2.92% | 84,264.25 |
| 2019 | 9 | -0.15% | 84,272.51 |
| 2019 | 10 | 4.27% | 88,008.89 |
| 2019 | 11 | 2.31% | 90,182.11 |
| 2019 | 12 | 3.19% | 93,199.96 |
| 2020 | 1 | 1.51% | 94,607.46 |
Click to show 786 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.
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.
|
Start Value
Average monthly close |
$25.46 |
|
End Value
Average monthly close |
$3,327.71 |
| Change in price |
+12,970.35%
+7.65% / yr |
| Change incl. dividends |
+94,507.46%
+10.93% / yr |
| Change, inflation-adjusted |
+9,734.82%
+7.19% |
|
Final amount, nominal ($100 base) |
$94,607.46 |
|
Final amount, inflation-adjusted ($100 base) |
$9,834.82 |
