If you invested $3000 in the S&P 500 at the beginning of 1980, you would have about $315,732.71 at the end of 2022, assuming you reinvested all dividends. This is a return on investment of 10,424.42%, or 11.44% per year.
This lump-sum investment beats inflation during this period for an inflation-adjusted return of about 2,863.25% cumulatively, or 8.20% per year.
If you used dollar-cost averaging (monthly) instead of a lump-sum investment, you'd have $271,590.27.
The graph below shows the performance of $3000 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:
The nominal return on investment of $3000 is $312,732.71, or 10,424.42%. This means by 2022 you would have $315,732.71 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 1980 was 82.400 and the CPI in 2022 was 292.656.
The ratio between these CPIs describes how relative buying power of a dollar has changed over 42 years.
Adjusted for inflation, the $315,732.71 nominal end value of the original $3000 investment would have a real return of roughly $85,897.51 in 1980 dollars. This means the inflation-adjusted return is 2,863.25% as opposed to the original 10,424.42%.
For more information on inflation, see our U.S. inflation calculator for 1980.
The table below shows the full dataset pertaining to a $3000 investment, including gains and losses over the 516-month period between 1980 and 2022.
Note that data shown is the monthly average closing price. Returns include dividends.
Year | Month | Return (%) | Amount ($) | CPI |
---|---|---|---|---|
1980 | 1 | 4.40% | 3,131.88 | 77.80 |
1980 | 2 | -8.78% | 2,856.96 | 78.90 |
1980 | 3 | -1.16% | 2,823.77 | 80.10 |
1980 | 4 | 5.04% | 2,965.97 | 81.00 |
1980 | 5 | 6.86% | 3,169.52 | 81.80 |
1980 | 6 | 4.97% | 3,327.03 | 82.70 |
1980 | 7 | 3.50% | 3,443.63 | 82.70 |
1980 | 8 | 2.84% | 3,541.28 | 83.30 |
1980 | 9 | 3.32% | 3,659.02 | 84.00 |
1980 | 10 | 4.61% | 3,827.88 | 84.80 |
1980 | 11 | -1.24% | 3,780.23 | 85.50 |
1980 | 12 | 0.01% | 3,780.61 | 86.30 |
1981 | 1 | -3.07% | 3,664.53 | 87.00 |
1981 | 2 | 4.14% | 3,816.37 | 87.90 |
1981 | 3 | 1.29% | 3,865.74 | 88.50 |
1981 | 4 | -1.62% | 3,803.22 | 89.10 |
1981 | 5 | 0.86% | 3,835.84 | 89.80 |
1981 | 6 | -2.02% | 3,758.50 | 90.60 |
1981 | 7 | 0.80% | 3,788.66 | 91.60 |
1981 | 8 | -8.30% | 3,474.10 | 92.30 |
1981 | 9 | 1.73% | 3,534.11 | 93.20 |
1981 | 10 | 3.04% | 3,641.68 | 93.40 |
1981 | 11 | 1.18% | 3,684.63 | 93.70 |
1981 | 12 | -4.80% | 3,507.61 | 94.00 |
1982 | 1 | -1.91% | 3,440.48 | 94.30 |
1982 | 2 | -2.74% | 3,346.06 | 94.60 |
1982 | 3 | 5.47% | 3,529.06 | 94.50 |
1982 | 4 | 0.57% | 3,549.17 | 94.90 |
1982 | 5 | -5.27% | 3,362.10 | 95.80 |
1982 | 6 | 0.24% | 3,370.30 | 97.00 |
1982 | 7 | 0.79% | 3,397.06 | 97.50 |
1982 | 8 | 12.10% | 3,807.98 | 97.70 |
1982 | 9 | 8.88% | 4,146.18 | 97.90 |
1982 | 10 | 4.50% | 4,332.76 | 98.20 |
1982 | 11 | 1.36% | 4,391.49 | 98.00 |
1982 | 12 | 3.93% | 4,563.89 | 97.60 |
1983 | 1 | 2.13% | 4,661.10 | 97.80 |
1983 | 2 | 3.87% | 4,841.28 | 97.90 |
1983 | 3 | 4.20% | 5,044.49 | 97.90 |
1983 | 4 | 4.42% | 5,267.65 | 98.60 |
1983 | 5 | 1.75% | 5,360.02 | 99.20 |
1983 | 6 | 0.71% | 5,397.98 | 99.50 |
1983 | 7 | -2.41% | 5,268.04 | 99.90 |
1983 | 8 | 3.31% | 5,442.61 | 100.20 |
1983 | 9 | 0.65% | 5,477.88 | 100.70 |
1983 | 10 | -1.14% | 5,415.35 | 101.00 |
1983 | 11 | -0.13% | 5,408.41 | 101.20 |
1983 | 12 | 1.58% | 5,493.65 | 101.30 |
1984 | 1 | -5.11% | 5,212.80 | 101.90 |
1984 | 2 | 0.44% | 5,235.86 | 102.40 |
1984 | 3 | 0.51% | 5,262.42 | 102.60 |
1984 | 4 | -0.25% | 5,249.13 | 103.10 |
1984 | 5 | -1.85% | 5,152.11 | 103.40 |
1984 | 6 | -0.91% | 5,105.30 | 103.70 |
1984 | 7 | 9.21% | 5,575.32 | 104.10 |
1984 | 8 | 1.41% | 5,653.77 | 104.50 |
1984 | 9 | -0.41% | 5,630.45 | 105.00 |
1984 | 10 | 1.29% | 5,702.85 | 105.30 |
1984 | 11 | -0.71% | 5,662.50 | 105.30 |
1984 | 12 | 4.70% | 5,928.50 | 105.30 |
1985 | 1 | 5.79% | 6,271.61 | 105.50 |
1985 | 2 | -0.48% | 6,241.61 | 106.00 |
1985 | 3 | 1.02% | 6,305.57 | 106.40 |
1985 | 4 | 2.74% | 6,478.06 | 106.90 |
1985 | 5 | 2.51% | 6,640.73 | 107.30 |
1985 | 6 | 2.25% | 6,789.96 | 107.60 |
1985 | 7 | -1.85% | 6,664.66 | 107.80 |
1985 | 8 | -1.88% | 6,539.03 | 108.00 |
1985 | 9 | 1.50% | 6,636.83 | 108.30 |
1985 | 10 | 6.42% | 7,062.95 | 108.70 |
1985 | 11 | 5.29% | 7,436.90 | 109.00 |
1985 | 12 | 0.75% | 7,492.80 | 109.30 |
1986 | 1 | 5.70% | 7,919.68 | 109.60 |
1986 | 2 | 6.18% | 8,409.34 | 109.30 |
1986 | 3 | 2.74% | 8,639.88 | 108.80 |
1986 | 4 | 0.49% | 8,682.37 | 108.60 |
1986 | 5 | 3.13% | 8,954.41 | 108.90 |
1986 | 6 | -1.80% | 8,792.88 | 109.50 |
1986 | 7 | 2.28% | 8,993.43 | 109.50 |
1986 | 8 | -2.46% | 8,772.53 | 109.70 |
1986 | 9 | -0.09% | 8,764.65 | 110.20 |
1986 | 10 | 3.53% | 9,074.30 | 110.30 |
1986 | 11 | 1.71% | 9,229.37 | 110.40 |
1986 | 12 | 6.67% | 9,845.28 | 110.50 |
1987 | 1 | 6.46% | 10,481.47 | 111.20 |
1987 | 2 | 4.38% | 10,940.19 | 111.60 |
1987 | 3 | -0.86% | 10,846.49 | 112.10 |
1987 | 4 | 0.17% | 10,865.24 | 112.70 |
1987 | 5 | 4.50% | 11,354.01 | 113.10 |
1987 | 6 | 3.12% | 11,708.49 | 113.50 |
1987 | 7 | 6.45% | 12,464.16 | 113.80 |
1987 | 8 | -3.03% | 12,086.44 | 114.40 |
1987 | 9 | -11.85% | 10,653.73 | 115.00 |
1987 | 10 | -12.30% | 9,342.95 | 115.30 |
1987 | 11 | -1.33% | 9,218.25 | 115.40 |
1987 | 12 | 4.25% | 9,609.71 | 115.40 |
1988 | 1 | 3.33% | 9,929.58 | 115.70 |
1988 | 2 | 3.23% | 10,250.51 | 116.00 |
1988 | 3 | -0.89% | 10,159.69 | 116.50 |
1988 | 4 | -2.19% | 9,937.36 | 117.10 |
1988 | 5 | 6.00% | 10,533.43 | 117.50 |
1988 | 6 | -0.31% | 10,501.10 | 118.00 |
1988 | 7 | -1.72% | 10,320.64 | 118.50 |
1988 | 8 | 1.93% | 10,519.53 | 119.00 |
1988 | 9 | 3.80% | 10,919.45 | 119.80 |
1988 | 10 | -2.02% | 10,698.85 | 120.20 |
1988 | 11 | 2.33% | 10,947.70 | 120.30 |
1988 | 12 | 3.51% | 11,332.25 | 120.50 |
1989 | 1 | 3.30% | 11,706.20 | 121.10 |
1989 | 2 | -0.16% | 11,687.28 | 121.60 |
1989 | 3 | 3.56% | 12,103.90 | 122.30 |
1989 | 4 | 4.12% | 12,602.02 | 123.10 |
1989 | 5 | 3.39% | 13,029.55 | 123.80 |
1989 | 6 | 2.80% | 13,394.40 | 124.10 |
1989 | 7 | 4.69% | 14,022.70 | 124.40 |
1989 | 8 | 0.46% | 14,086.58 | 124.60 |
1989 | 9 | 0.29% | 14,126.91 | 125.00 |
1989 | 10 | -1.81% | 13,870.71 | 125.60 |
1989 | 11 | 2.74% | 14,250.31 | 125.90 |
1989 | 12 | -2.21% | 13,935.20 | 126.10 |
1990 | 1 | -2.53% | 13,583.03 | 127.40 |
1990 | 2 | 2.71% | 13,950.75 | 128.00 |
1990 | 3 | 0.20% | 13,978.09 | 128.70 |
1990 | 4 | 3.85% | 14,516.38 | 128.90 |
1990 | 5 | 3.17% | 14,976.54 | 129.20 |
1990 | 6 | 0.17% | 15,001.96 | 129.90 |
1990 | 7 | -7.86% | 13,822.62 | 130.40 |
1990 | 8 | -4.34% | 13,222.57 | 131.60 |
1990 | 9 | -2.32% | 12,916.37 | 132.70 |
1990 | 10 | 2.98% | 13,301.77 | 133.50 |
1990 | 11 | 4.59% | 13,911.87 | 133.80 |
1990 | 12 | -0.69% | 13,816.55 | 133.80 |
1991 | 1 | 11.61% | 15,420.20 | 134.60 |
1991 | 2 | 3.04% | 15,889.69 | 134.80 |
1991 | 3 | 2.26% | 16,248.61 | 135.00 |
1991 | 4 | -0.18% | 16,219.54 | 135.20 |
1991 | 5 | 0.35% | 16,275.83 | 135.60 |
1991 | 6 | 0.78% | 16,402.86 | 136.00 |
1991 | 7 | 2.68% | 16,842.28 | 136.20 |
1991 | 8 | -0.30% | 16,791.23 | 136.60 |
1991 | 9 | 0.18% | 16,821.73 | 137.20 |
1991 | 10 | 0.02% | 16,824.39 | 137.40 |
1991 | 11 | 0.94% | 16,981.72 | 137.80 |
1991 | 12 | 7.36% | 18,231.24 | 137.90 |
1992 | 1 | -0.60% | 18,121.70 | 138.10 |
1992 | 2 | -1.01% | 17,938.24 | 138.60 |
1992 | 3 | 0.26% | 17,985.65 | 139.30 |
1992 | 4 | 2.07% | 18,357.66 | 139.50 |
1992 | 5 | -1.33% | 18,113.66 | 139.70 |
1992 | 6 | 1.91% | 18,460.02 | 140.20 |
1992 | 7 | 0.94% | 18,633.86 | 140.50 |
1992 | 8 | 0.38% | 18,704.33 | 140.90 |
1992 | 9 | -1.18% | 18,483.23 | 141.30 |
1992 | 10 | 2.76% | 18,992.80 | 141.80 |
1992 | 11 | 3.27% | 19,614.09 | 142.00 |
1992 | 12 | 0.14% | 19,642.12 | 141.90 |
1993 | 1 | 1.72% | 19,980.80 | 142.60 |
1993 | 2 | 2.15% | 20,410.41 | 143.10 |
1993 | 3 | -1.34% | 20,136.56 | 143.60 |
1993 | 4 | 0.72% | 20,282.49 | 144.00 |
1993 | 5 | 0.87% | 20,457.97 | 144.20 |
1993 | 6 | 0.06% | 20,470.45 | 144.40 |
1993 | 7 | 1.76% | 20,831.24 | 144.40 |
1993 | 8 | 1.35% | 21,113.50 | 144.80 |
1993 | 9 | 1.24% | 21,375.71 | 145.10 |
1993 | 10 | 0.01% | 21,377.32 | 145.70 |
1993 | 11 | 0.89% | 21,566.97 | 145.80 |
1993 | 12 | 1.74% | 21,941.35 | 145.80 |
1994 | 1 | -0.08% | 21,924.74 | 146.20 |
1994 | 2 | -1.42% | 21,612.57 | 146.70 |
1994 | 3 | -3.35% | 20,889.33 | 147.20 |
1994 | 4 | 1.06% | 21,110.39 | 147.40 |
1994 | 5 | 1.11% | 21,344.32 | 147.50 |
1994 | 6 | -0.52% | 21,233.57 | 148.00 |
1994 | 7 | 3.08% | 21,888.00 | 148.40 |
1994 | 8 | 0.82% | 22,066.93 | 149.00 |
1994 | 9 | -0.44% | 21,968.95 | 149.40 |
1994 | 10 | -0.37% | 21,887.69 | 149.50 |
1994 | 11 | -1.03% | 21,663.19 | 149.70 |
1994 | 12 | 2.45% | 22,194.19 | 149.70 |
1995 | 1 | 3.82% | 23,041.81 | 150.30 |
1995 | 2 | 2.56% | 23,631.25 | 150.90 |
1995 | 3 | 3.22% | 24,391.13 | 151.40 |
1995 | 4 | 3.35% | 25,207.69 | 151.90 |
1995 | 5 | 3.18% | 26,008.89 | 152.20 |
1995 | 6 | 3.55% | 26,931.55 | 152.50 |
1995 | 7 | 0.51% | 27,069.75 | 152.50 |
1995 | 8 | 3.72% | 28,076.11 | 152.90 |
1995 | 9 | 0.91% | 28,332.32 | 153.20 |
1995 | 10 | 2.36% | 29,000.51 | 153.70 |
1995 | 11 | 3.39% | 29,983.37 | 153.60 |
1995 | 12 | 0.16% | 30,032.12 | 153.50 |
1996 | 1 | 5.90% | 31,805.34 | 154.40 |
1996 | 2 | -0.20% | 31,741.50 | 154.90 |
1996 | 3 | 0.20% | 31,804.05 | 155.70 |
1996 | 4 | 2.35% | 32,552.98 | 156.30 |
1996 | 5 | 1.28% | 32,969.20 | 156.60 |
1996 | 6 | -3.48% | 31,823.00 | 156.70 |
1996 | 7 | 3.08% | 32,801.80 | 157.00 |
1996 | 8 | 2.02% | 33,465.62 | 157.30 |
1996 | 9 | 4.12% | 34,844.23 | 157.80 |
1996 | 10 | 5.05% | 36,604.59 | 158.30 |
1996 | 11 | 1.20% | 37,043.20 | 158.60 |
1996 | 12 | 3.26% | 38,249.90 | 158.60 |
1997 | 1 | 4.36% | 39,918.04 | 159.10 |
1997 | 2 | -0.62% | 39,669.07 | 159.60 |
1997 | 3 | -3.41% | 38,318.24 | 160.00 |
1997 | 4 | 9.22% | 41,850.35 | 160.20 |
1997 | 5 | 5.34% | 44,083.83 | 160.10 |
1997 | 6 | 5.74% | 46,612.45 | 160.30 |
1997 | 7 | 0.35% | 46,774.56 | 160.50 |
1997 | 8 | 1.19% | 47,332.12 | 160.80 |
1997 | 9 | 1.65% | 48,110.91 | 161.20 |
1997 | 10 | -1.15% | 47,556.65 | 161.60 |
1997 | 11 | 2.63% | 48,809.59 | 161.50 |
1997 | 12 | 0.24% | 48,925.31 | 161.30 |
1998 | 1 | 6.40% | 52,057.59 | 161.60 |
1998 | 2 | 5.31% | 54,823.34 | 161.90 |
1998 | 3 | 3.41% | 56,690.44 | 162.20 |
1998 | 4 | -0.22% | 56,564.67 | 162.50 |
1998 | 5 | 0.12% | 56,630.54 | 162.80 |
1998 | 6 | 4.47% | 59,160.61 | 163.00 |
1998 | 7 | -6.97% | 55,036.52 | 163.20 |
1998 | 8 | -4.90% | 52,340.58 | 163.40 |
1998 | 9 | 1.29% | 53,016.22 | 163.60 |
1998 | 10 | 10.97% | 58,834.43 | 164.00 |
1998 | 11 | 4.10% | 61,249.05 | 164.00 |
1998 | 12 | 5.05% | 64,340.71 | 163.90 |
1999 | 1 | -0.07% | 64,297.79 | 164.30 |
1999 | 2 | 2.92% | 66,177.55 | 164.50 |
1999 | 3 | 4.25% | 68,990.11 | 165.00 |
1999 | 4 | -0.10% | 68,921.92 | 166.20 |
1999 | 5 | -0.61% | 68,500.28 | 166.20 |
1999 | 6 | 4.52% | 71,598.13 | 166.20 |
1999 | 7 | -3.77% | 68,895.74 | 166.70 |
1999 | 8 | -0.60% | 68,483.73 | 167.10 |
1999 | 9 | -1.27% | 67,612.29 | 167.90 |
1999 | 10 | 7.11% | 72,416.79 | 168.20 |
1999 | 11 | 2.81% | 74,450.78 | 168.30 |
1999 | 12 | -0.12% | 74,362.24 | 168.30 |
2000 | 1 | -2.48% | 72,519.48 | 168.80 |
2000 | 2 | 3.94% | 75,377.44 | 169.80 |
2000 | 3 | 1.42% | 76,451.32 | 171.20 |
2000 | 4 | -2.84% | 74,281.02 | 171.30 |
2000 | 5 | 3.16% | 76,630.89 | 171.50 |
2000 | 6 | 0.85% | 77,282.51 | 172.40 |
2000 | 7 | 0.94% | 78,008.75 | 172.80 |
2000 | 8 | -1.08% | 77,166.52 | 172.80 |
2000 | 9 | -5.21% | 73,142.88 | 173.70 |
2000 | 10 | -0.77% | 72,577.81 | 174.00 |
2000 | 11 | -3.32% | 70,168.17 | 174.10 |
2000 | 12 | 0.46% | 70,487.44 | 174.00 |
2001 | 1 | -2.14% | 68,981.65 | 175.10 |
2001 | 2 | -9.08% | 62,718.18 | 175.80 |
2001 | 3 | 0.45% | 62,999.59 | 176.20 |
2001 | 4 | 6.88% | 67,333.55 | 176.90 |
2001 | 5 | -2.39% | 65,725.18 | 177.70 |
2001 | 6 | -2.66% | 63,976.74 | 178.00 |
2001 | 7 | -2.05% | 62,667.88 | 177.50 |
2001 | 8 | -11.25% | 55,619.42 | 177.50 |
2001 | 9 | 3.18% | 57,390.36 | 178.30 |
2001 | 10 | 5.05% | 60,290.38 | 177.70 |
2001 | 11 | 1.47% | 61,174.27 | 177.40 |
2001 | 12 | -0.30% | 60,992.16 | 176.70 |
2002 | 1 | -3.35% | 58,947.23 | 177.10 |
2002 | 2 | 4.95% | 61,862.33 | 177.80 |
2002 | 3 | -3.51% | 59,688.22 | 178.80 |
2002 | 4 | -2.82% | 58,004.79 | 179.80 |
2002 | 5 | -5.92% | 54,570.35 | 179.80 |
2002 | 6 | -10.76% | 48,699.40 | 179.90 |
2002 | 7 | 1.14% | 49,253.99 | 180.10 |
2002 | 8 | -4.76% | 46,910.61 | 180.70 |
2002 | 9 | -1.37% | 46,269.33 | 181.00 |
2002 | 10 | 6.63% | 49,334.94 | 181.30 |
2002 | 11 | -1.04% | 48,824.29 | 181.30 |
2002 | 12 | -0.22% | 48,715.65 | 180.90 |
2003 | 1 | -6.41% | 45,590.62 | 181.70 |
2003 | 2 | 1.31% | 46,186.90 | 183.10 |
2003 | 3 | 5.29% | 48,628.27 | 184.20 |
2003 | 4 | 5.31% | 51,211.51 | 183.80 |
2003 | 5 | 5.70% | 54,132.71 | 183.50 |
2003 | 6 | 0.60% | 54,455.28 | 183.70 |
2003 | 7 | -0.17% | 54,364.71 | 183.90 |
2003 | 8 | 3.16% | 56,083.28 | 184.60 |
2003 | 9 | 2.03% | 57,220.55 | 185.20 |
2003 | 10 | 1.21% | 57,913.26 | 185.00 |
2003 | 11 | 3.06% | 59,687.61 | 184.50 |
2003 | 12 | 4.93% | 62,633.17 | 184.30 |
2004 | 1 | 1.09% | 63,313.78 | 185.20 |
2004 | 2 | -1.57% | 62,322.79 | 186.20 |
2004 | 3 | 0.97% | 62,926.16 | 187.40 |
2004 | 4 | -2.56% | 61,312.58 | 188.00 |
2004 | 5 | 2.86% | 63,064.69 | 189.10 |
2004 | 6 | -2.24% | 61,652.81 | 189.70 |
2004 | 7 | -1.39% | 60,797.34 | 189.40 |
2004 | 8 | 2.78% | 62,489.10 | 189.50 |
2004 | 9 | 0.10% | 62,553.21 | 189.90 |
2004 | 10 | 4.77% | 65,539.44 | 190.90 |
2004 | 11 | 2.73% | 67,326.99 | 191.00 |
2004 | 12 | -1.35% | 66,418.60 | 190.30 |
2005 | 1 | 1.68% | 67,535.23 | 190.70 |
2005 | 2 | -0.26% | 67,362.62 | 191.80 |
2005 | 3 | -2.41% | 65,739.91 | 193.30 |
2005 | 4 | 1.34% | 66,618.11 | 194.60 |
2005 | 5 | 2.18% | 68,070.85 | 194.40 |
2005 | 6 | 1.81% | 69,301.43 | 194.50 |
2005 | 7 | 0.31% | 69,516.27 | 195.40 |
2005 | 8 | 0.28% | 69,710.71 | 196.40 |
2005 | 9 | -2.62% | 67,881.34 | 198.80 |
2005 | 10 | 3.96% | 70,570.49 | 199.20 |
2005 | 11 | 2.14% | 72,083.62 | 197.60 |
2005 | 12 | 1.47% | 73,140.92 | 196.80 |
2006 | 1 | -0.02% | 73,128.75 | 198.30 |
2006 | 2 | 1.49% | 74,215.54 | 198.70 |
2006 | 3 | 0.80% | 74,808.03 | 199.80 |
2006 | 4 | -0.79% | 74,219.56 | 201.50 |
2006 | 5 | -2.71% | 72,211.33 | 202.50 |
2006 | 6 | 0.72% | 72,731.28 | 202.90 |
2006 | 7 | 2.29% | 74,398.11 | 203.50 |
2006 | 8 | 2.53% | 76,281.25 | 203.90 |
2006 | 9 | 3.62% | 79,039.52 | 202.90 |
2006 | 10 | 2.00% | 80,621.61 | 201.80 |
2006 | 11 | 2.15% | 82,353.57 | 201.50 |
2006 | 12 | 0.69% | 82,924.14 | 201.80 |
2007 | 1 | 1.60% | 84,247.65 | 202.42 |
2007 | 2 | -2.47% | 82,163.45 | 203.50 |
2007 | 3 | 4.18% | 85,598.10 | 205.35 |
2007 | 4 | 3.39% | 88,501.38 | 206.69 |
2007 | 5 | 0.34% | 88,806.62 | 207.95 |
2007 | 6 | 0.57% | 89,316.92 | 208.35 |
2007 | 7 | -4.20% | 85,564.62 | 208.30 |
2007 | 8 | 3.07% | 88,195.51 | 207.92 |
2007 | 9 | 2.99% | 90,834.00 | 208.49 |
2007 | 10 | -4.81% | 86,468.23 | 208.94 |
2007 | 11 | 1.24% | 87,538.90 | 210.18 |
2007 | 12 | -6.64% | 81,730.52 | 210.04 |
2008 | 1 | -1.56% | 80,452.28 | 211.08 |
2008 | 2 | -2.63% | 78,339.10 | 211.69 |
2008 | 3 | 4.24% | 81,663.65 | 213.53 |
2008 | 4 | 2.56% | 83,756.37 | 214.82 |
2008 | 5 | -4.25% | 80,199.59 | 216.63 |
2008 | 6 | -6.08% | 75,324.68 | 218.82 |
2008 | 7 | 2.11% | 76,914.43 | 219.96 |
2008 | 8 | -4.85% | 73,185.98 | 219.09 |
2008 | 9 | -20.19% | 58,407.10 | 218.78 |
2008 | 10 | -8.61% | 53,380.97 | 216.57 |
2008 | 11 | -0.35% | 53,193.49 | 212.43 |
2008 | 12 | -1.10% | 52,610.72 | 210.23 |
2009 | 1 | -6.70% | 49,084.48 | 211.14 |
2009 | 2 | -5.69% | 46,292.84 | 212.19 |
2009 | 3 | 12.32% | 51,996.92 | 212.71 |
2009 | 4 | 6.66% | 55,459.83 | 213.24 |
2009 | 5 | 2.87% | 57,050.89 | 213.86 |
2009 | 6 | 1.28% | 57,779.80 | 215.69 |
2009 | 7 | 8.12% | 62,471.95 | 215.35 |
2009 | 8 | 3.65% | 64,752.39 | 215.83 |
2009 | 9 | 2.40% | 66,308.46 | 215.97 |
2009 | 10 | 2.09% | 67,697.17 | 216.18 |
2009 | 11 | 2.23% | 69,204.01 | 216.33 |
2009 | 12 | 1.36% | 70,143.09 | 215.95 |
2010 | 1 | -2.90% | 68,110.01 | 216.69 |
2010 | 2 | 5.94% | 72,157.81 | 216.74 |
2010 | 3 | 4.09% | 75,107.58 | 217.63 |
2010 | 4 | -5.88% | 70,689.45 | 218.01 |
2010 | 5 | -3.54% | 68,184.52 | 218.18 |
2010 | 6 | -0.16% | 68,076.06 | 217.97 |
2010 | 7 | 0.86% | 68,663.97 | 218.01 |
2010 | 8 | 3.37% | 70,978.74 | 218.31 |
2010 | 9 | 4.58% | 74,227.75 | 218.44 |
2010 | 10 | 2.49% | 76,076.70 | 218.71 |
2010 | 11 | 3.71% | 78,901.99 | 218.80 |
2010 | 12 | 3.46% | 81,633.73 | 219.18 |
2011 | 1 | 3.15% | 84,205.89 | 220.22 |
2011 | 2 | -1.11% | 83,269.14 | 221.31 |
2011 | 3 | 2.22% | 85,118.53 | 223.47 |
2011 | 4 | 0.66% | 85,679.66 | 224.91 |
2011 | 5 | -3.66% | 82,541.56 | 225.96 |
2011 | 6 | 3.10% | 85,101.78 | 225.72 |
2011 | 7 | -10.40% | 76,250.64 | 225.92 |
2011 | 8 | -0.79% | 75,648.84 | 226.55 |
2011 | 9 | 3.02% | 77,932.61 | 226.89 |
2011 | 10 | 1.77% | 79,309.77 | 226.42 |
2011 | 11 | 1.55% | 80,542.84 | 226.23 |
2011 | 12 | 4.78% | 84,394.85 | 225.67 |
2012 | 1 | 4.16% | 87,907.87 | 226.67 |
2012 | 2 | 2.88% | 90,442.99 | 227.66 |
2012 | 3 | -0.04% | 90,408.44 | 229.39 |
2012 | 4 | -3.09% | 87,613.95 | 230.09 |
2012 | 5 | -1.15% | 86,604.28 | 229.82 |
2012 | 6 | 2.92% | 89,134.07 | 229.48 |
2012 | 7 | 3.39% | 92,153.66 | 229.10 |
2012 | 8 | 3.02% | 94,937.78 | 230.38 |
2012 | 9 | -0.22% | 94,731.64 | 231.41 |
2012 | 10 | -2.84% | 92,043.63 | 231.32 |
2012 | 11 | 2.18% | 94,046.07 | 230.22 |
2012 | 12 | 4.27% | 98,060.68 | 229.60 |
2013 | 1 | 2.33% | 100,348.45 | 230.28 |
2013 | 2 | 2.72% | 103,080.39 | 232.17 |
2013 | 3 | 1.45% | 104,578.97 | 232.77 |
2013 | 4 | 4.57% | 109,362.69 | 232.53 |
2013 | 5 | -1.12% | 108,140.26 | 232.95 |
2013 | 6 | 3.25% | 111,659.66 | 233.50 |
2013 | 7 | 0.25% | 111,941.63 | 233.60 |
2013 | 8 | 1.19% | 113,276.50 | 233.88 |
2013 | 9 | 2.12% | 115,675.19 | 234.15 |
2013 | 10 | 3.86% | 120,140.24 | 233.55 |
2013 | 11 | 1.52% | 121,968.37 | 233.07 |
2013 | 12 | 0.97% | 123,148.79 | 233.05 |
2014 | 1 | -0.13% | 122,988.65 | 233.92 |
2014 | 2 | 2.72% | 126,336.74 | 234.78 |
2014 | 3 | 0.20% | 126,591.59 | 236.29 |
2014 | 4 | 1.53% | 128,531.01 | 237.07 |
2014 | 5 | 3.20% | 132,639.27 | 237.90 |
2014 | 6 | 1.50% | 134,623.32 | 238.34 |
2014 | 7 | -0.43% | 134,048.55 | 238.25 |
2014 | 8 | 1.78% | 136,431.97 | 237.85 |
2014 | 9 | -2.65% | 132,821.19 | 238.03 |
2014 | 10 | 5.71% | 140,399.50 | 237.43 |
2014 | 11 | 0.63% | 141,289.48 | 236.15 |
2014 | 12 | -1.11% | 139,721.10 | 234.81 |
2015 | 1 | 2.83% | 143,671.57 | 233.71 |
2015 | 2 | 0.06% | 143,751.11 | 234.72 |
2015 | 3 | 0.88% | 145,013.84 | 236.12 |
2015 | 4 | 0.98% | 146,433.38 | 236.60 |
2015 | 5 | -0.44% | 145,795.67 | 237.81 |
2015 | 6 | -0.08% | 145,679.57 | 238.64 |
2015 | 7 | -2.42% | 142,147.72 | 238.65 |
2015 | 8 | -4.51% | 135,740.98 | 238.32 |
2015 | 9 | 4.32% | 141,601.08 | 237.95 |
2015 | 10 | 2.93% | 145,753.49 | 237.84 |
2015 | 11 | -1.10% | 144,145.88 | 237.34 |
2015 | 12 | -6.42% | 134,892.26 | 236.53 |
2016 | 1 | -0.55% | 134,150.47 | 236.92 |
2016 | 2 | 6.36% | 142,686.10 | 237.11 |
2016 | 3 | 2.83% | 146,725.91 | 238.13 |
2016 | 4 | -0.30% | 146,279.33 | 239.26 |
2016 | 5 | 1.07% | 147,839.39 | 240.23 |
2016 | 6 | 3.30% | 152,714.30 | 241.02 |
2016 | 7 | 1.20% | 154,545.74 | 240.63 |
2016 | 8 | -0.44% | 153,867.79 | 240.85 |
2016 | 9 | -0.51% | 153,089.25 | 241.43 |
2016 | 10 | 1.20% | 154,928.10 | 241.73 |
2016 | 11 | 3.95% | 161,041.50 | 241.35 |
2016 | 12 | 1.44% | 163,356.69 | 241.43 |
2017 | 1 | 2.58% | 167,565.49 | 242.84 |
2017 | 2 | 1.75% | 170,496.64 | 243.60 |
2017 | 3 | -0.15% | 170,234.07 | 243.80 |
2017 | 4 | 1.69% | 173,115.06 | 244.52 |
2017 | 5 | 1.78% | 176,190.33 | 244.73 |
2017 | 6 | 0.99% | 177,930.88 | 244.96 |
2017 | 7 | 0.25% | 178,371.80 | 244.79 |
2017 | 8 | 1.65% | 181,320.76 | 245.52 |
2017 | 9 | 2.73% | 186,279.52 | 246.82 |
2017 | 10 | 1.59% | 189,240.56 | 246.66 |
2017 | 11 | 2.88% | 194,697.28 | 246.67 |
2017 | 12 | 4.86% | 204,163.27 | 246.52 |
2018 | 1 | -2.89% | 198,269.72 | 247.87 |
2018 | 2 | 0.06% | 198,397.75 | 248.99 |
2018 | 3 | -1.66% | 195,096.47 | 249.55 |
2018 | 4 | 1.96% | 198,923.53 | 250.55 |
2018 | 5 | 2.11% | 203,126.72 | 251.59 |
2018 | 6 | 1.58% | 206,337.63 | 251.99 |
2018 | 7 | 2.45% | 211,394.56 | 252.01 |
2018 | 8 | 1.68% | 214,945.46 | 252.15 |
2018 | 9 | -3.85% | 206,672.24 | 252.44 |
2018 | 10 | -2.08% | 202,381.50 | 252.89 |
2018 | 11 | -5.56% | 191,124.00 | 252.04 |
2018 | 12 | 1.74% | 194,441.22 | 251.23 |
2019 | 1 | 5.83% | 205,775.01 | 251.71 |
2019 | 2 | 1.95% | 209,783.55 | 252.78 |
2019 | 3 | 3.72% | 217,594.25 | 254.20 |
2019 | 4 | -1.53% | 214,261.17 | 255.55 |
2019 | 5 | 1.40% | 217,271.00 | 256.09 |
2019 | 6 | 3.83% | 225,586.71 | 256.14 |
2019 | 7 | -3.13% | 218,515.89 | 256.57 |
2019 | 8 | 3.09% | 225,257.60 | 256.56 |
2019 | 9 | 0.01% | 225,279.68 | 256.76 |
2019 | 10 | 4.43% | 235,267.89 | 257.35 |
2019 | 11 | 2.47% | 241,077.41 | 257.21 |
2019 | 12 | 3.35% | 249,144.81 | 256.97 |
2020 | 1 | 0.12% | 249,448.96 | 257.97 |
2020 | 2 | -18.92% | 202,258.93 | 258.68 |
2020 | 3 | 4.32% | 210,993.72 | 258.12 |
2020 | 4 | 5.89% | 223,415.69 | 256.39 |
2020 | 5 | 6.51% | 237,956.19 | 256.39 |
2020 | 6 | 3.48% | 246,228.58 | 257.80 |
2020 | 7 | 5.89% | 260,740.07 | 259.10 |
2020 | 8 | -0.63% | 259,105.23 | 259.92 |
2020 | 9 | 1.73% | 263,577.39 | 260.28 |
2020 | 10 | 3.95% | 273,999.54 | 260.39 |
2020 | 11 | 4.26% | 285,672.14 | 260.23 |
2020 | 12 | 2.80% | 293,657.54 | 260.47 |
2021 | 1 | 2.49% | 300,974.10 | 261.58 |
2021 | 2 | 0.82% | 303,446.17 | 263.01 |
2021 | 3 | 6.02% | 321,718.14 | 264.88 |
2021 | 4 | 0.76% | 324,163.94 | 267.05 |
2021 | 5 | 1.81% | 330,032.68 | 269.20 |
2021 | 6 | 3.07% | 340,158.75 | 271.70 |
2021 | 7 | 2.19% | 347,591.77 | 273.00 |
2021 | 8 | -0.08% | 347,298.06 | 273.57 |
2021 | 9 | 0.45% | 348,868.46 | 274.31 |
2021 | 10 | 4.74% | 365,421.37 | 276.59 |
2021 | 11 | 0.27% | 366,391.21 | 277.95 |
2021 | 12 | -2.05% | 358,873.04 | 278.80 |
2022 | 1 | -2.90% | 348,456.50 | 281.15 |
2022 | 2 | -0.89% | 345,346.23 | 283.72 |
2022 | 3 | 0.12% | 345,754.78 | 287.50 |
2022 | 4 | -7.87% | 318,534.44 | 289.11 |
2022 | 5 | -3.37% | 307,801.79 | 292.30 |
2022 | 6 | 0.46% | 309,232.10 | 296.31 |
2022 | 7 | 6.45% | 329,169.51 | 296.28 |
2022 | 8 | -7.28% | 305,214.51 | 296.17 |
2022 | 9 | -3.09% | 295,779.80 | 296.81 |
2022 | 10 | 5.29% | 311,412.04 | 298.01 |
2022 | 11 | 0.01% | 311,445.79 | 297.71 |
2022 | 12 | 1.38% | 315,732.71 | 296.80 |
Remember, returns are based on the average closing price across the entire month. Some losses are offset by dividend returns.
Dollar-cost averaging is an alternative to investing the full lump-sum of $3,000.00 up-front. Instead, the capital is invested over a period of time.
Consider a strategy in which $3,000.00 was invested in the S&P 500 over a period of no more than 24 months beginning in 1980. This would result in a final amount of $271,590.27, including dividend reinvestments. In this particular case, dollar-cost average returns are less than the returns of a lump-sum investment (which ends with $315,732.71).
Year | Month | Contribution ($) | Amount ($) |
---|---|---|---|
1980 | 1 | 125.00 | 129.96 |
1980 | 2 | 125.00 | 232.06 |
1980 | 3 | 125.00 | 352.33 |
1980 | 4 | 125.00 | 500.78 |
1980 | 5 | 125.00 | 668.16 |
1980 | 6 | 125.00 | 832.03 |
1980 | 7 | 125.00 | 990.05 |
1980 | 8 | 125.00 | 1,146.17 |
1980 | 9 | 125.00 | 1,312.93 |
1980 | 10 | 125.00 | 1,503.80 |
1980 | 11 | 125.00 | 1,608.05 |
1980 | 12 | 125.00 | 1,732.74 |
1981 | 1 | 125.00 | 1,800.22 |
1981 | 2 | 125.00 | 2,004.48 |
1981 | 3 | 125.00 | 2,156.54 |
1981 | 4 | 125.00 | 2,244.16 |
1981 | 5 | 125.00 | 2,388.97 |
1981 | 6 | 125.00 | 2,462.78 |
1981 | 7 | 125.00 | 2,608.03 |
1981 | 8 | 125.00 | 2,505.59 |
1981 | 9 | 125.00 | 2,675.46 |
1981 | 10 | 125.00 | 2,885.13 |
1981 | 11 | 125.00 | 3,045.07 |
1981 | 12 | 125.00 | 3,017.22 |
1982 | 1 | - | 2,959.47 |
1982 | 2 | - | 2,878.25 |
1982 | 3 | - | 3,035.67 |
1982 | 4 | - | 3,052.96 |
1982 | 5 | - | 2,892.05 |
1982 | 6 | - | 2,899.10 |
1982 | 7 | - | 2,922.12 |
1982 | 8 | - | 3,275.59 |
1982 | 9 | - | 3,566.51 |
1982 | 10 | - | 3,727.00 |
1982 | 11 | - | 3,777.52 |
1982 | 12 | - | 3,925.81 |
1983 | 1 | - | 4,009.43 |
1983 | 2 | - | 4,164.42 |
1983 | 3 | - | 4,339.22 |
1983 | 4 | - | 4,531.19 |
1983 | 5 | - | 4,610.64 |
1983 | 6 | - | 4,643.29 |
1983 | 7 | - | 4,531.52 |
1983 | 8 | - | 4,681.68 |
1983 | 9 | - | 4,712.02 |
1983 | 10 | - | 4,658.23 |
1983 | 11 | - | 4,652.27 |
1983 | 12 | - | 4,725.58 |
1984 | 1 | - | 4,484.00 |
1984 | 2 | - | 4,503.84 |
1984 | 3 | - | 4,526.68 |
1984 | 4 | - | 4,515.25 |
1984 | 5 | - | 4,431.79 |
1984 | 6 | - | 4,391.53 |
1984 | 7 | - | 4,795.84 |
1984 | 8 | - | 4,863.32 |
1984 | 9 | - | 4,843.26 |
1984 | 10 | - | 4,905.54 |
1984 | 11 | - | 4,870.83 |
1984 | 12 | - | 5,099.64 |
1985 | 1 | - | 5,394.78 |
1985 | 2 | - | 5,368.97 |
1985 | 3 | - | 5,423.99 |
1985 | 4 | - | 5,572.37 |
1985 | 5 | - | 5,712.29 |
1985 | 6 | - | 5,840.66 |
1985 | 7 | - | 5,732.88 |
1985 | 8 | - | 5,624.81 |
1985 | 9 | - | 5,708.94 |
1985 | 10 | - | 6,075.48 |
1985 | 11 | - | 6,397.15 |
1985 | 12 | - | 6,445.24 |
1986 | 1 | - | 6,812.44 |
1986 | 2 | - | 7,233.63 |
1986 | 3 | - | 7,431.94 |
1986 | 4 | - | 7,468.49 |
1986 | 5 | - | 7,702.50 |
1986 | 6 | - | 7,563.55 |
1986 | 7 | - | 7,736.07 |
1986 | 8 | - | 7,546.05 |
1986 | 9 | - | 7,539.27 |
1986 | 10 | - | 7,805.63 |
1986 | 11 | - | 7,939.02 |
1986 | 12 | - | 8,468.82 |
1987 | 1 | - | 9,016.06 |
1987 | 2 | - | 9,410.64 |
1987 | 3 | - | 9,330.05 |
1987 | 4 | - | 9,346.18 |
1987 | 5 | - | 9,766.61 |
1987 | 6 | - | 10,071.53 |
1987 | 7 | - | 10,721.55 |
1987 | 8 | - | 10,396.64 |
1987 | 9 | - | 9,164.23 |
1987 | 10 | - | 8,036.72 |
1987 | 11 | - | 7,929.45 |
1987 | 12 | - | 8,266.18 |
1988 | 1 | - | 8,541.33 |
1988 | 2 | - | 8,817.39 |
1988 | 3 | - | 8,739.26 |
1988 | 4 | - | 8,548.03 |
1988 | 5 | - | 9,060.75 |
1988 | 6 | - | 9,032.94 |
1988 | 7 | - | 8,877.71 |
1988 | 8 | - | 9,048.80 |
1988 | 9 | - | 9,392.80 |
1988 | 10 | - | 9,203.05 |
1988 | 11 | - | 9,417.10 |
1988 | 12 | - | 9,747.90 |
1989 | 1 | - | 10,069.56 |
1989 | 2 | - | 10,053.28 |
1989 | 3 | - | 10,411.66 |
1989 | 4 | - | 10,840.13 |
1989 | 5 | - | 11,207.90 |
1989 | 6 | - | 11,521.74 |
1989 | 7 | - | 12,062.20 |
1989 | 8 | - | 12,117.14 |
1989 | 9 | - | 12,151.83 |
1989 | 10 | - | 11,931.45 |
1989 | 11 | - | 12,257.98 |
1989 | 12 | - | 11,986.93 |
1990 | 1 | - | 11,684.00 |
1990 | 2 | - | 12,000.30 |
1990 | 3 | - | 12,023.82 |
1990 | 4 | - | 12,486.85 |
1990 | 5 | - | 12,882.68 |
1990 | 6 | - | 12,904.54 |
1990 | 7 | - | 11,890.09 |
1990 | 8 | - | 11,373.93 |
1990 | 9 | - | 11,110.54 |
1990 | 10 | - | 11,442.05 |
1990 | 11 | - | 11,966.86 |
1990 | 12 | - | 11,884.86 |
1991 | 1 | - | 13,264.31 |
1991 | 2 | - | 13,668.16 |
1991 | 3 | - | 13,976.90 |
1991 | 4 | - | 13,951.90 |
1991 | 5 | - | 14,000.31 |
1991 | 6 | - | 14,109.58 |
1991 | 7 | - | 14,487.57 |
1991 | 8 | - | 14,443.66 |
1991 | 9 | - | 14,469.89 |
1991 | 10 | - | 14,472.18 |
1991 | 11 | - | 14,607.51 |
1991 | 12 | - | 15,682.34 |
1992 | 1 | - | 15,588.11 |
1992 | 2 | - | 15,430.30 |
1992 | 3 | - | 15,471.08 |
1992 | 4 | - | 15,791.08 |
1992 | 5 | - | 15,581.20 |
1992 | 6 | - | 15,879.13 |
1992 | 7 | - | 16,028.67 |
1992 | 8 | - | 16,089.29 |
1992 | 9 | - | 15,899.10 |
1992 | 10 | - | 16,337.42 |
1992 | 11 | - | 16,871.85 |
1992 | 12 | - | 16,895.96 |
1993 | 1 | - | 17,187.29 |
1993 | 2 | - | 17,556.84 |
1993 | 3 | - | 17,321.28 |
1993 | 4 | - | 17,446.81 |
1993 | 5 | - | 17,597.75 |
1993 | 6 | - | 17,608.49 |
1993 | 7 | - | 17,918.83 |
1993 | 8 | - | 18,161.63 |
1993 | 9 | - | 18,387.18 |
1993 | 10 | - | 18,388.57 |
1993 | 11 | - | 18,551.71 |
1993 | 12 | - | 18,873.74 |
1994 | 1 | - | 18,859.45 |
1994 | 2 | - | 18,590.93 |
1994 | 3 | - | 17,968.81 |
1994 | 4 | - | 18,158.96 |
1994 | 5 | - | 18,360.18 |
1994 | 6 | - | 18,264.91 |
1994 | 7 | - | 18,827.85 |
1994 | 8 | - | 18,981.76 |
1994 | 9 | - | 18,897.48 |
1994 | 10 | - | 18,827.58 |
1994 | 11 | - | 18,634.47 |
1994 | 12 | - | 19,091.23 |
1995 | 1 | - | 19,820.34 |
1995 | 2 | - | 20,327.38 |
1995 | 3 | - | 20,981.02 |
1995 | 4 | - | 21,683.41 |
1995 | 5 | - | 22,372.60 |
1995 | 6 | - | 23,166.27 |
1995 | 7 | - | 23,285.14 |
1995 | 8 | - | 24,150.80 |
1995 | 9 | - | 24,371.19 |
1995 | 10 | - | 24,945.96 |
1995 | 11 | - | 25,791.41 |
1995 | 12 | - | 25,833.34 |
1996 | 1 | - | 27,358.65 |
1996 | 2 | - | 27,303.74 |
1996 | 3 | - | 27,357.54 |
1996 | 4 | - | 28,001.76 |
1996 | 5 | - | 28,359.79 |
1996 | 6 | - | 27,373.84 |
1996 | 7 | - | 28,215.79 |
1996 | 8 | - | 28,786.81 |
1996 | 9 | - | 29,972.68 |
1996 | 10 | - | 31,486.92 |
1996 | 11 | - | 31,864.21 |
1996 | 12 | - | 32,902.20 |
1997 | 1 | - | 34,337.11 |
1997 | 2 | - | 34,122.96 |
1997 | 3 | - | 32,960.99 |
1997 | 4 | - | 35,999.28 |
1997 | 5 | - | 37,920.49 |
1997 | 6 | - | 40,095.59 |
1997 | 7 | - | 40,235.03 |
1997 | 8 | - | 40,714.64 |
1997 | 9 | - | 41,384.55 |
1997 | 10 | - | 40,907.78 |
1997 | 11 | - | 41,985.54 |
1997 | 12 | - | 42,085.09 |
1998 | 1 | - | 44,779.44 |
1998 | 2 | - | 47,158.51 |
1998 | 3 | - | 48,764.58 |
1998 | 4 | - | 48,656.39 |
1998 | 5 | - | 48,713.06 |
1998 | 6 | - | 50,889.39 |
1998 | 7 | - | 47,341.89 |
1998 | 8 | - | 45,022.87 |
1998 | 9 | - | 45,604.05 |
1998 | 10 | - | 50,608.81 |
1998 | 11 | - | 52,685.85 |
1998 | 12 | - | 55,345.27 |
1999 | 1 | - | 55,308.35 |
1999 | 2 | - | 56,925.29 |
1999 | 3 | - | 59,344.63 |
1999 | 4 | - | 59,285.98 |
1999 | 5 | - | 58,923.29 |
1999 | 6 | - | 61,588.03 |
1999 | 7 | - | 59,263.46 |
1999 | 8 | - | 58,909.05 |
1999 | 9 | - | 58,159.45 |
1999 | 10 | - | 62,292.23 |
1999 | 11 | - | 64,041.85 |
1999 | 12 | - | 63,965.69 |
2000 | 1 | - | 62,380.57 |
2000 | 2 | - | 64,838.96 |
2000 | 3 | - | 65,762.70 |
2000 | 4 | - | 63,895.83 |
2000 | 5 | - | 65,917.16 |
2000 | 6 | - | 66,477.68 |
2000 | 7 | - | 67,102.38 |
2000 | 8 | - | 66,377.91 |
2000 | 9 | - | 62,916.81 |
2000 | 10 | - | 62,430.74 |
2000 | 11 | - | 60,357.99 |
2000 | 12 | - | 60,632.63 |
2001 | 1 | - | 59,337.36 |
2001 | 2 | - | 53,949.58 |
2001 | 3 | - | 54,191.65 |
2001 | 4 | - | 57,919.68 |
2001 | 5 | - | 56,536.18 |
2001 | 6 | - | 55,032.19 |
2001 | 7 | - | 53,906.32 |
2001 | 8 | - | 47,843.30 |
2001 | 9 | - | 49,366.64 |
2001 | 10 | - | 51,861.21 |
2001 | 11 | - | 52,621.52 |
2001 | 12 | - | 52,464.87 |
2002 | 1 | - | 50,705.85 |
2002 | 2 | - | 53,213.39 |
2002 | 3 | - | 51,343.24 |
2002 | 4 | - | 49,895.17 |
2002 | 5 | - | 46,940.90 |
2002 | 6 | - | 41,890.76 |
2002 | 7 | - | 42,367.81 |
2002 | 8 | - | 40,352.06 |
2002 | 9 | - | 39,800.43 |
2002 | 10 | - | 42,437.44 |
2002 | 11 | - | 41,998.19 |
2002 | 12 | - | 41,904.74 |
2003 | 1 | - | 39,216.62 |
2003 | 2 | - | 39,729.53 |
2003 | 3 | - | 41,829.58 |
2003 | 4 | - | 44,051.65 |
2003 | 5 | - | 46,564.44 |
2003 | 6 | - | 46,841.92 |
2003 | 7 | - | 46,764.01 |
2003 | 8 | - | 48,242.30 |
2003 | 9 | - | 49,220.57 |
2003 | 10 | - | 49,816.43 |
2003 | 11 | - | 51,342.71 |
2003 | 12 | - | 53,876.45 |
2004 | 1 | - | 54,461.91 |
2004 | 2 | - | 53,609.47 |
2004 | 3 | - | 54,128.49 |
2004 | 4 | - | 52,740.50 |
2004 | 5 | - | 54,247.65 |
2004 | 6 | - | 53,033.16 |
2004 | 7 | - | 52,297.29 |
2004 | 8 | - | 53,752.53 |
2004 | 9 | - | 53,807.68 |
2004 | 10 | - | 56,376.40 |
2004 | 11 | - | 57,914.03 |
2004 | 12 | - | 57,132.65 |
2005 | 1 | - | 58,093.16 |
2005 | 2 | - | 57,944.68 |
2005 | 3 | - | 56,548.84 |
2005 | 4 | - | 57,304.26 |
2005 | 5 | - | 58,553.90 |
2005 | 6 | - | 59,612.43 |
2005 | 7 | - | 59,797.24 |
2005 | 8 | - | 59,964.48 |
2005 | 9 | - | 58,390.89 |
2005 | 10 | - | 60,704.06 |
2005 | 11 | - | 62,005.64 |
2005 | 12 | - | 62,915.12 |
2006 | 1 | - | 62,904.65 |
2006 | 2 | - | 63,839.50 |
2006 | 3 | - | 64,349.15 |
2006 | 4 | - | 63,842.96 |
2006 | 5 | - | 62,115.50 |
2006 | 6 | - | 62,562.76 |
2006 | 7 | - | 63,996.54 |
2006 | 8 | - | 65,616.41 |
2006 | 9 | - | 67,989.04 |
2006 | 10 | - | 69,349.94 |
2006 | 11 | - | 70,839.76 |
2006 | 12 | - | 71,330.56 |
2007 | 1 | - | 72,469.03 |
2007 | 2 | - | 70,676.22 |
2007 | 3 | - | 73,630.67 |
2007 | 4 | - | 76,128.04 |
2007 | 5 | - | 76,390.61 |
2007 | 6 | - | 76,829.56 |
2007 | 7 | - | 73,601.87 |
2007 | 8 | - | 75,864.94 |
2007 | 9 | - | 78,134.54 |
2007 | 10 | - | 74,379.15 |
2007 | 11 | - | 75,300.13 |
2007 | 12 | - | 70,303.82 |
2008 | 1 | - | 69,204.29 |
2008 | 2 | - | 67,386.54 |
2008 | 3 | - | 70,246.30 |
2008 | 4 | - | 72,046.43 |
2008 | 5 | - | 68,986.92 |
2008 | 6 | - | 64,793.57 |
2008 | 7 | - | 66,161.06 |
2008 | 8 | - | 62,953.88 |
2008 | 9 | - | 50,241.23 |
2008 | 10 | - | 45,917.80 |
2008 | 11 | - | 45,756.53 |
2008 | 12 | - | 45,255.24 |
2009 | 1 | - | 42,222.01 |
2009 | 2 | - | 39,820.66 |
2009 | 3 | - | 44,727.26 |
2009 | 4 | - | 47,706.01 |
2009 | 5 | - | 49,074.63 |
2009 | 6 | - | 49,701.63 |
2009 | 7 | - | 53,737.77 |
2009 | 8 | - | 55,699.39 |
2009 | 9 | - | 57,037.90 |
2009 | 10 | - | 58,232.46 |
2009 | 11 | - | 59,528.63 |
2009 | 12 | - | 60,336.42 |
2010 | 1 | - | 58,587.58 |
2010 | 2 | - | 62,069.46 |
2010 | 3 | - | 64,606.82 |
2010 | 4 | - | 60,806.39 |
2010 | 5 | - | 58,651.68 |
2010 | 6 | - | 58,558.38 |
2010 | 7 | - | 59,064.10 |
2010 | 8 | - | 61,055.24 |
2010 | 9 | - | 63,850.00 |
2010 | 10 | - | 65,440.45 |
2010 | 11 | - | 67,870.74 |
2010 | 12 | - | 70,220.55 |
2011 | 1 | - | 72,433.11 |
2011 | 2 | - | 71,627.32 |
2011 | 3 | - | 73,218.15 |
2011 | 4 | - | 73,700.83 |
2011 | 5 | - | 71,001.46 |
2011 | 6 | - | 73,203.74 |
2011 | 7 | - | 65,590.08 |
2011 | 8 | - | 65,072.41 |
2011 | 9 | - | 67,036.88 |
2011 | 10 | - | 68,221.51 |
2011 | 11 | - | 69,282.18 |
2011 | 12 | - | 72,595.64 |
2012 | 1 | - | 75,617.52 |
2012 | 2 | - | 77,798.20 |
2012 | 3 | - | 77,768.48 |
2012 | 4 | - | 75,364.69 |
2012 | 5 | - | 74,496.18 |
2012 | 6 | - | 76,672.28 |
2012 | 7 | - | 79,269.70 |
2012 | 8 | - | 81,664.57 |
2012 | 9 | - | 81,487.25 |
2012 | 10 | - | 79,175.06 |
2012 | 11 | - | 80,897.54 |
2012 | 12 | - | 84,350.86 |
2013 | 1 | - | 86,318.78 |
2013 | 2 | - | 88,668.77 |
2013 | 3 | - | 89,957.83 |
2013 | 4 | - | 94,072.75 |
2013 | 5 | - | 93,021.22 |
2013 | 6 | - | 96,048.58 |
2013 | 7 | - | 96,291.13 |
2013 | 8 | - | 97,439.37 |
2013 | 9 | - | 99,502.70 |
2013 | 10 | - | 103,343.49 |
2013 | 11 | - | 104,916.03 |
2013 | 12 | - | 105,931.42 |
2014 | 1 | - | 105,793.67 |
2014 | 2 | - | 108,673.66 |
2014 | 3 | - | 108,892.88 |
2014 | 4 | - | 110,561.15 |
2014 | 5 | - | 114,095.04 |
2014 | 6 | - | 115,801.70 |
2014 | 7 | - | 115,307.28 |
2014 | 8 | - | 117,357.49 |
2014 | 9 | - | 114,251.52 |
2014 | 10 | - | 120,770.32 |
2014 | 11 | - | 121,535.86 |
2014 | 12 | - | 120,186.76 |
2015 | 1 | - | 123,584.92 |
2015 | 2 | - | 123,653.34 |
2015 | 3 | - | 124,739.52 |
2015 | 4 | - | 125,960.60 |
2015 | 5 | - | 125,412.04 |
2015 | 6 | - | 125,312.18 |
2015 | 7 | - | 122,274.11 |
2015 | 8 | - | 116,763.10 |
2015 | 9 | - | 121,803.90 |
2015 | 10 | - | 125,375.77 |
2015 | 11 | - | 123,992.91 |
2015 | 12 | - | 116,033.03 |
2016 | 1 | - | 115,394.96 |
2016 | 2 | - | 122,737.22 |
2016 | 3 | - | 126,212.23 |
2016 | 4 | - | 125,828.09 |
2016 | 5 | - | 127,170.03 |
2016 | 6 | - | 131,363.39 |
2016 | 7 | - | 132,938.77 |
2016 | 8 | - | 132,355.61 |
2016 | 9 | - | 131,685.91 |
2016 | 10 | - | 133,267.67 |
2016 | 11 | - | 138,526.37 |
2016 | 12 | - | 140,517.87 |
2017 | 1 | - | 144,138.24 |
2017 | 2 | - | 146,659.58 |
2017 | 3 | - | 146,433.72 |
2017 | 4 | - | 148,911.93 |
2017 | 5 | - | 151,557.24 |
2017 | 6 | - | 153,054.45 |
2017 | 7 | - | 153,433.73 |
2017 | 8 | - | 155,970.39 |
2017 | 9 | - | 160,235.87 |
2017 | 10 | - | 162,782.93 |
2017 | 11 | - | 167,476.75 |
2017 | 12 | - | 175,619.30 |
2018 | 1 | - | 170,549.72 |
2018 | 2 | - | 170,659.86 |
2018 | 3 | - | 167,820.13 |
2018 | 4 | - | 171,112.12 |
2018 | 5 | - | 174,727.67 |
2018 | 6 | - | 177,489.66 |
2018 | 7 | - | 181,839.59 |
2018 | 8 | - | 184,894.04 |
2018 | 9 | - | 177,777.49 |
2018 | 10 | - | 174,086.64 |
2018 | 11 | - | 164,403.05 |
2018 | 12 | - | 167,256.48 |
2019 | 1 | - | 177,005.70 |
2019 | 2 | - | 180,453.81 |
2019 | 3 | - | 187,172.50 |
2019 | 4 | - | 184,305.42 |
2019 | 5 | - | 186,894.45 |
2019 | 6 | - | 194,047.54 |
2019 | 7 | - | 187,965.29 |
2019 | 8 | - | 193,764.44 |
2019 | 9 | - | 193,783.44 |
2019 | 10 | - | 202,375.20 |
2019 | 11 | - | 207,372.49 |
2019 | 12 | - | 214,312.00 |
2020 | 1 | - | 214,573.62 |
2020 | 2 | - | 173,981.21 |
2020 | 3 | - | 181,494.79 |
2020 | 4 | - | 192,180.05 |
2020 | 5 | - | 204,687.65 |
2020 | 6 | - | 211,803.48 |
2020 | 7 | - | 224,286.13 |
2020 | 8 | - | 222,879.85 |
2020 | 9 | - | 226,726.76 |
2020 | 10 | - | 235,691.80 |
2020 | 11 | - | 245,732.46 |
2020 | 12 | - | 252,601.42 |
2021 | 1 | - | 258,895.05 |
2021 | 2 | - | 261,021.51 |
2021 | 3 | - | 276,738.88 |
2021 | 4 | - | 278,842.74 |
2021 | 5 | - | 283,890.97 |
2021 | 6 | - | 292,601.32 |
2021 | 7 | - | 298,995.13 |
2021 | 8 | - | 298,742.48 |
2021 | 9 | - | 300,093.32 |
2021 | 10 | - | 314,331.98 |
2021 | 11 | - | 315,166.23 |
2021 | 12 | - | 308,699.17 |
2022 | 1 | - | 299,738.96 |
2022 | 2 | - | 297,063.54 |
2022 | 3 | - | 297,414.97 |
2022 | 4 | - | 274,000.29 |
2022 | 5 | - | 264,768.17 |
2022 | 6 | - | 265,998.51 |
2022 | 7 | - | 283,148.48 |
2022 | 8 | - | 262,542.62 |
2022 | 9 | - | 254,426.97 |
2022 | 10 | - | 267,873.67 |
2022 | 11 | - | 267,902.70 |
2022 | 12 | - | 271,590.27 |
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 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 | $110.90 |
End Value Average monthly close | $4,573.82 |
Change in price | +4,024.27% +9.26% / yr |
Change incl. dividends | +10,424.42% +11.44% / yr |
Change incl. dividends, inflation-adjusted | +2,863.25% +8.20% / yr |
Final amount, nominal ($3000 base) | $315,732.71 |
Final amount, inflation-adjusted ($3000 base) | $88,897.51 |