Stock market returns since 1957
If you invested $100 in the S&P 500 at the beginning of 1957, you would have about $47,339.51 at the beginning of 2020, assuming you reinvested all dividends. This is a return on investment of 47,239.51%, or 10.17% per year.
This investment result beats inflation during this period for an inflation-adjusted return of about 5,053.65% cumulatively, or 6.40% 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 $47,239.51, or 47,239.51%. This means by 2020 you would have $47,339.51 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 1957 was 28.092 and the CPI in 2020 was 258.045.
The ratio between these CPIs describes how relative buying power of a dollar has changed over 63 years.
Adjusted for inflation, the $47,339.51 nominal end value of the original $100 investment would have a real value of roughly $5,053.65 in 1957 dollars. This means the inflation-adjusted return is 5,053.65% as opposed to the original 47,239.51%.
For more information on inflation, see our U.S. inflation calculator for 1957.
Full monthly data
The table below shows the full dataset pertaining to a $100 investment, including gains and losses over the 763-month period between 1957 and 2020.
Note that data shown is the monthly average closing price.
| Year | Month | Return (%) | Amount ($) |
|---|---|---|---|
| 1957 | 1 | -4.31% | 96.00 |
| 1957 | 2 | 1.29% | 97.56 |
| 1957 | 3 | 2.32% | 100.14 |
| 1957 | 4 | 3.84% | 104.31 |
| 1957 | 5 | 1.65% | 106.34 |
| 1957 | 6 | 2.02% | 108.81 |
| 1957 | 7 | -5.50% | 103.15 |
| 1957 | 8 | -4.06% | 99.29 |
| 1957 | 9 | -6.23% | 93.44 |
| 1957 | 10 | -2.16% | 91.76 |
| 1957 | 11 | -0.05% | 92.05 |
| 1957 | 12 | 1.96% | 94.19 |
| 1958 | 1 | 0.34% | 94.85 |
| 1958 | 2 | 2.06% | 97.15 |
| 1958 | 3 | 0.55% | 98.02 |
| 1958 | 4 | 3.21% | 101.50 |
| 1958 | 5 | 2.40% | 104.28 |
| 1958 | 6 | 2.75% | 107.48 |
| 1958 | 7 | 3.74% | 111.84 |
| 1958 | 8 | 2.64% | 115.13 |
| 1958 | 9 | 4.06% | 120.15 |
| 1958 | 10 | 3.04% | 124.15 |
| 1958 | 11 | 1.89% | 126.83 |
| 1958 | 12 | 3.98% | 132.23 |
| 1959 | 1 | -1.53% | 130.56 |
| 1959 | 2 | 2.54% | 134.22 |
| 1959 | 3 | 1.67% | 136.82 |
| 1959 | 4 | 1.51% | 139.23 |
| 1959 | 5 | -0.86% | 138.39 |
| 1959 | 6 | 3.97% | 144.24 |
| 1959 | 7 | -0.57% | 143.78 |
| 1959 | 8 | -3.96% | 138.46 |
| 1959 | 9 | -0.09% | 138.70 |
| 1959 | 10 | 0.40% | 139.63 |
| 1959 | 11 | 3.20% | 144.46 |
| 1959 | 12 | -1.74% | 142.32 |
| 1960 | 1 | -3.88% | 137.18 |
| 1960 | 2 | -1.36% | 135.70 |
| 1960 | 3 | 1.29% | 137.85 |
| 1960 | 4 | -0.92% | 136.99 |
| 1960 | 5 | 3.69% | 142.45 |
| 1960 | 6 | -2.48% | 139.33 |
| 1960 | 7 | 1.20% | 141.40 |
| 1960 | 8 | -3.01% | 137.56 |
| 1960 | 9 | -1.97% | 135.25 |
| 1960 | 10 | 3.24% | 140.04 |
| 1960 | 11 | 2.40% | 143.81 |
| 1960 | 12 | 5.14% | 151.62 |
| 1961 | 1 | 4.10% | 158.25 |
| 1961 | 2 | 3.14% | 163.62 |
| 1961 | 3 | 2.67% | 168.40 |
| 1961 | 4 | 1.02% | 170.53 |
| 1961 | 5 | -1.32% | 168.68 |
| 1961 | 6 | -0.27% | 168.64 |
| 1961 | 7 | 3.59% | 175.11 |
| 1961 | 8 | -0.78% | 174.16 |
| 1961 | 9 | 1.10% | 176.50 |
| 1961 | 10 | 4.53% | 184.92 |
| 1961 | 11 | 0.93% | 187.08 |
| 1961 | 12 | -3.72% | 180.55 |
| 1962 | 1 | 1.66% | 184.00 |
| 1962 | 2 | 0.10% | 184.63 |
| 1962 | 3 | -3.19% | 179.19 |
| 1962 | 4 | -7.44% | 166.31 |
| 1962 | 5 | -11.68% | 147.33 |
| 1962 | 6 | 2.41% | 151.34 |
| 1962 | 7 | 2.72% | 155.91 |
| 1962 | 8 | -0.89% | 154.99 |
| 1962 | 9 | -3.16% | 150.56 |
| 1962 | 10 | 6.89% | 161.40 |
| 1962 | 11 | 4.33% | 168.86 |
| 1962 | 12 | 3.86% | 175.87 |
| 1963 | 1 | 1.32% | 178.67 |
| 1963 | 2 | -0.38% | 178.48 |
| 1963 | 3 | 4.71% | 187.36 |
| 1963 | 4 | 2.01% | 191.62 |
| 1963 | 5 | -0.04% | 192.03 |
| 1963 | 6 | -1.48% | 189.69 |
| 1963 | 7 | 2.77% | 195.44 |
| 1963 | 8 | 2.63% | 201.09 |
| 1963 | 9 | 0.25% | 202.10 |
| 1963 | 10 | -0.56% | 201.48 |
| 1963 | 11 | 2.13% | 206.30 |
| 1963 | 12 | 3.07% | 213.17 |
| 1964 | 1 | 1.23% | 216.32 |
| 1964 | 2 | 1.82% | 220.80 |
| 1964 | 3 | 1.45% | 224.54 |
| 1964 | 4 | 0.98% | 227.28 |
| 1964 | 5 | -0.59% | 226.48 |
| 1964 | 6 | 3.71% | 235.46 |
| 1964 | 7 | -1.47% | 232.57 |
| 1964 | 8 | 1.72% | 237.14 |
| 1964 | 9 | 1.73% | 241.81 |
| 1964 | 10 | 0.70% | 244.08 |
| 1964 | 11 | -1.73% | 240.44 |
| 1964 | 12 | 2.57% | 247.22 |
| 1965 | 1 | 0.73% | 249.63 |
| 1965 | 2 | 0.09% | 250.47 |
| 1965 | 3 | 1.31% | 254.37 |
| 1965 | 4 | 1.49% | 258.78 |
| 1965 | 5 | -4.75% | 247.12 |
| 1965 | 6 | -0.15% | 247.37 |
| 1965 | 7 | 1.86% | 252.61 |
| 1965 | 8 | 3.34% | 261.70 |
| 1965 | 9 | 2.25% | 268.23 |
| 1965 | 10 | 0.83% | 271.12 |
| 1965 | 11 | -0.46% | 270.54 |
| 1965 | 12 | 1.73% | 275.90 |
| 1966 | 1 | -0.68% | 274.71 |
| 1966 | 2 | -4.11% | 264.10 |
| 1966 | 3 | 3.06% | 272.87 |
| 1966 | 4 | -5.26% | 259.21 |
| 1966 | 5 | -0.83% | 257.76 |
| 1966 | 6 | -0.26% | 257.81 |
| 1966 | 7 | -6.05% | 242.93 |
| 1966 | 8 | -3.52% | 235.10 |
| 1966 | 9 | -0.87% | 233.77 |
| 1966 | 10 | 5.00% | 246.20 |
| 1966 | 11 | 0.42% | 247.96 |
| 1966 | 12 | 3.84% | 258.20 |
| 1967 | 1 | 3.45% | 267.83 |
| 1967 | 2 | 2.36% | 274.89 |
| 1967 | 3 | 1.72% | 280.36 |
| 1967 | 4 | 1.79% | 286.13 |
| 1967 | 5 | -1.25% | 283.29 |
| 1967 | 6 | 1.73% | 288.94 |
| 1967 | 7 | 1.59% | 294.29 |
| 1967 | 8 | 1.40% | 299.16 |
| 1967 | 9 | -0.16% | 299.45 |
| 1967 | 10 | -3.14% | 290.82 |
| 1967 | 11 | 2.85% | 299.87 |
| 1967 | 12 | -0.27% | 299.82 |
| 1968 | 1 | -4.51% | 287.05 |
| 1968 | 2 | -1.83% | 282.58 |
| 1968 | 3 | 7.39% | 304.23 |
| 1968 | 4 | 2.30% | 312.01 |
| 1968 | 5 | 2.69% | 321.18 |
| 1968 | 6 | -0.20% | 321.34 |
| 1968 | 7 | -2.18% | 315.13 |
| 1968 | 8 | 3.25% | 326.18 |
| 1968 | 9 | 2.47% | 335.04 |
| 1968 | 10 | 1.54% | 341.03 |
| 1968 | 11 | 1.04% | 345.41 |
| 1968 | 12 | -4.23% | 331.64 |
| 1969 | 1 | -0.49% | 330.85 |
| 1969 | 2 | -2.17% | 324.52 |
| 1969 | 3 | 2.01% | 331.90 |
| 1969 | 4 | 3.26% | 343.56 |
| 1969 | 5 | -5.22% | 326.48 |
| 1969 | 6 | -4.47% | 312.75 |
| 1969 | 7 | -0.56% | 311.87 |
| 1969 | 8 | 0.35% | 313.83 |
| 1969 | 9 | 1.07% | 318.05 |
| 1969 | 10 | 0.72% | 321.22 |
| 1969 | 11 | -5.30% | 305.08 |
| 1969 | 12 | -0.88% | 303.28 |
| 1970 | 1 | -3.49% | 293.59 |
| 1970 | 2 | 1.71% | 299.49 |
| 1970 | 3 | -3.05% | 291.26 |
| 1970 | 4 | -11.51% | 258.64 |
| 1970 | 5 | -0.62% | 257.95 |
| 1970 | 6 | 0.17% | 259.29 |
| 1970 | 7 | 2.91% | 267.74 |
| 1970 | 8 | 5.98% | 284.66 |
| 1970 | 9 | 2.17% | 291.75 |
| 1970 | 10 | -0.11% | 292.35 |
| 1970 | 11 | 6.85% | 313.28 |
| 1970 | 12 | 3.82% | 326.16 |
| 1971 | 1 | 3.87% | 339.70 |
| 1971 | 2 | 2.56% | 349.32 |
| 1971 | 3 | 3.41% | 362.15 |
| 1971 | 4 | -1.36% | 358.14 |
| 1971 | 5 | -1.85% | 352.42 |
| 1971 | 6 | -0.72% | 350.79 |
| 1971 | 7 | -1.78% | 345.47 |
| 1971 | 8 | 2.22% | 354.06 |
| 1971 | 9 | -2.12% | 347.46 |
| 1971 | 10 | -4.64% | 332.27 |
| 1971 | 11 | 6.89% | 356.07 |
| 1971 | 12 | 4.16% | 371.82 |
| 1972 | 1 | 1.84% | 379.58 |
| 1972 | 2 | 2.38% | 389.52 |
| 1972 | 3 | 1.02% | 394.43 |
| 1972 | 4 | -1.01% | 391.37 |
| 1972 | 5 | 0.28% | 393.39 |
| 1972 | 6 | -0.74% | 391.40 |
| 1972 | 7 | 3.54% | 406.21 |
| 1972 | 8 | -1.44% | 401.30 |
| 1972 | 9 | 0.18% | 402.97 |
| 1972 | 10 | 5.02% | 424.14 |
| 1972 | 11 | 2.09% | 433.95 |
| 1972 | 12 | 0.77% | 438.24 |
| 1973 | 1 | -3.55% | 423.67 |
| 1973 | 2 | -1.58% | 417.97 |
| 1973 | 3 | -1.87% | 411.14 |
| 1973 | 4 | -2.81% | 400.58 |
| 1973 | 5 | -2.24% | 392.61 |
| 1973 | 6 | 0.95% | 397.36 |
| 1973 | 7 | -1.89% | 390.86 |
| 1973 | 8 | 1.73% | 398.66 |
| 1973 | 9 | 3.98% | 415.54 |
| 1973 | 10 | -7.10% | 387.07 |
| 1973 | 11 | -7.08% | 360.73 |
| 1973 | 12 | 1.40% | 366.86 |
| 1974 | 1 | -2.77% | 357.79 |
| 1974 | 2 | 4.27% | 374.16 |
| 1974 | 3 | -5.11% | 356.13 |
| 1974 | 4 | -3.02% | 346.50 |
| 1974 | 5 | 0.13% | 348.08 |
| 1974 | 6 | -11.67% | 308.59 |
| 1974 | 7 | -4.14% | 296.97 |
| 1974 | 8 | -10.40% | 267.23 |
| 1974 | 9 | 1.94% | 273.58 |
| 1974 | 10 | 3.31% | 283.82 |
| 1974 | 11 | -6.51% | 266.53 |
| 1974 | 12 | 8.19% | 289.54 |
| 1975 | 1 | 10.39% | 320.84 |
| 1975 | 2 | 4.59% | 336.79 |
| 1975 | 3 | 1.12% | 341.80 |
| 1975 | 4 | 6.35% | 364.75 |
| 1975 | 5 | 2.55% | 375.30 |
| 1975 | 6 | 0.10% | 376.92 |
| 1975 | 7 | -7.33% | 350.55 |
| 1975 | 8 | -1.21% | 347.57 |
| 1975 | 9 | 4.61% | 364.84 |
| 1975 | 10 | 1.69% | 372.29 |
| 1975 | 11 | -1.52% | 367.90 |
| 1975 | 12 | 9.20% | 403.02 |
| 1976 | 1 | 3.86% | 419.86 |
| 1976 | 2 | 0.50% | 423.23 |
| 1976 | 3 | 0.79% | 427.86 |
| 1976 | 4 | -0.69% | 426.22 |
| 1976 | 5 | 0.59% | 430.06 |
| 1976 | 6 | 2.36% | 441.52 |
| 1976 | 7 | -0.86% | 439.05 |
| 1976 | 8 | 2.13% | 449.75 |
| 1976 | 9 | -3.41% | 435.77 |
| 1976 | 10 | -0.69% | 434.17 |
| 1976 | 11 | 3.46% | 450.61 |
| 1976 | 12 | -0.86% | 448.19 |
| 1977 | 1 | -2.70% | 437.58 |
| 1977 | 2 | -0.40% | 437.34 |
| 1977 | 3 | -1.54% | 432.12 |
| 1977 | 4 | -0.29% | 432.40 |
| 1977 | 5 | 0.54% | 436.29 |
| 1977 | 6 | 0.92% | 441.88 |
| 1977 | 7 | -2.45% | 432.70 |
| 1977 | 8 | -1.55% | 427.61 |
| 1977 | 9 | -2.59% | 418.22 |
| 1977 | 10 | 0.58% | 422.32 |
| 1977 | 11 | -0.49% | 421.98 |
| 1977 | 12 | -3.81% | 407.67 |
| 1978 | 1 | -1.41% | 403.71 |
| 1978 | 2 | -0.18% | 404.78 |
| 1978 | 3 | 4.38% | 424.33 |
| 1978 | 4 | 5.07% | 447.69 |
| 1978 | 5 | 0.26% | 450.71 |
| 1978 | 6 | -0.48% | 450.43 |
| 1978 | 7 | 6.90% | 483.43 |
| 1978 | 8 | 0.00% | 485.37 |
| 1978 | 9 | -3.18% | 471.90 |
| 1978 | 10 | -5.85% | 446.24 |
| 1978 | 11 | 1.48% | 454.82 |
| 1978 | 12 | 3.75% | 473.86 |
| 1979 | 1 | -1.48% | 468.85 |
| 1979 | 2 | 1.90% | 479.83 |
| 1979 | 3 | 2.00% | 491.49 |
| 1979 | 4 | -2.32% | 482.19 |
| 1979 | 5 | 1.98% | 493.85 |
| 1979 | 6 | 0.98% | 500.86 |
| 1979 | 7 | 4.58% | 525.98 |
| 1979 | 8 | 1.12% | 534.08 |
| 1979 | 9 | -3.78% | 516.17 |
| 1979 | 10 | -0.77% | 514.51 |
| 1979 | 11 | 3.95% | 537.17 |
| 1979 | 12 | 2.88% | 554.96 |
| 1980 | 1 | 3.97% | 579.36 |
| 1980 | 2 | -9.19% | 528.50 |
| 1980 | 3 | -1.62% | 522.36 |
| 1980 | 4 | 4.56% | 548.67 |
| 1980 | 5 | 6.41% | 586.32 |
| 1980 | 6 | 4.54% | 615.46 |
| 1980 | 7 | 3.09% | 637.03 |
| 1980 | 8 | 2.43% | 655.09 |
| 1980 | 9 | 2.92% | 676.87 |
| 1980 | 10 | 4.22% | 708.11 |
| 1980 | 11 | -1.62% | 699.30 |
| 1980 | 12 | -0.37% | 699.37 |
| 1981 | 1 | -3.46% | 677.89 |
| 1981 | 2 | 3.74% | 705.98 |
| 1981 | 3 | 0.90% | 715.11 |
| 1981 | 4 | -2.01% | 703.55 |
| 1981 | 5 | 0.46% | 709.58 |
| 1981 | 6 | -2.42% | 695.28 |
| 1981 | 7 | 0.39% | 700.86 |
| 1981 | 8 | -8.72% | 642.67 |
| 1981 | 9 | 1.27% | 653.77 |
| 1981 | 10 | 2.59% | 673.67 |
| 1981 | 11 | 0.73% | 681.61 |
| 1981 | 12 | -5.25% | 648.87 |
| 1982 | 1 | -2.39% | 636.45 |
| 1982 | 2 | -3.23% | 618.98 |
| 1982 | 3 | 4.96% | 652.83 |
| 1982 | 4 | 0.09% | 656.55 |
| 1982 | 5 | -5.76% | 621.95 |
| 1982 | 6 | -0.27% | 623.46 |
| 1982 | 7 | 0.27% | 628.41 |
| 1982 | 8 | 11.58% | 704.43 |
| 1982 | 9 | 8.42% | 766.99 |
| 1982 | 10 | 4.07% | 801.51 |
| 1982 | 11 | 0.94% | 812.37 |
| 1982 | 12 | 3.52% | 844.26 |
| 1983 | 1 | 1.73% | 862.25 |
| 1983 | 2 | 3.47% | 895.58 |
| 1983 | 3 | 3.82% | 933.17 |
| 1983 | 4 | 4.06% | 974.45 |
| 1983 | 5 | 1.40% | 991.54 |
| 1983 | 6 | 0.36% | 998.56 |
| 1983 | 7 | -2.75% | 974.52 |
| 1983 | 8 | 2.96% | 1,006.82 |
| 1983 | 9 | 0.30% | 1,013.34 |
| 1983 | 10 | -1.49% | 1,001.77 |
| 1983 | 11 | -0.48% | 1,000.49 |
| 1983 | 12 | 1.22% | 1,016.26 |
| 1984 | 1 | -5.47% | 964.30 |
| 1984 | 2 | 0.06% | 968.57 |
| 1984 | 3 | 0.13% | 973.48 |
| 1984 | 4 | -0.63% | 971.02 |
| 1984 | 5 | -2.23% | 953.08 |
| 1984 | 6 | -1.31% | 944.42 |
| 1984 | 7 | 8.80% | 1,031.37 |
| 1984 | 8 | 1.03% | 1,045.88 |
| 1984 | 9 | -0.78% | 1,041.56 |
| 1984 | 10 | 0.91% | 1,054.96 |
| 1984 | 11 | -1.08% | 1,047.49 |
| 1984 | 12 | 4.32% | 1,096.70 |
| 1985 | 1 | 5.42% | 1,160.17 |
| 1985 | 2 | -0.83% | 1,154.62 |
| 1985 | 3 | 0.67% | 1,166.45 |
| 1985 | 4 | 2.38% | 1,198.36 |
| 1985 | 5 | 2.16% | 1,228.45 |
| 1985 | 6 | 1.91% | 1,256.06 |
| 1985 | 7 | -2.18% | 1,232.88 |
| 1985 | 8 | -2.23% | 1,209.64 |
| 1985 | 9 | 1.14% | 1,227.73 |
| 1985 | 10 | 6.07% | 1,306.56 |
| 1985 | 11 | 4.96% | 1,375.73 |
| 1985 | 12 | 0.43% | 1,386.08 |
| 1986 | 1 | 5.38% | 1,465.04 |
| 1986 | 2 | 5.88% | 1,555.62 |
| 1986 | 3 | 2.45% | 1,598.27 |
| 1986 | 4 | 0.21% | 1,606.13 |
| 1986 | 5 | 2.85% | 1,656.46 |
| 1986 | 6 | -2.08% | 1,626.57 |
| 1986 | 7 | 2.00% | 1,663.67 |
| 1986 | 8 | -2.73% | 1,622.81 |
| 1986 | 9 | -0.38% | 1,621.35 |
| 1986 | 10 | 3.24% | 1,678.63 |
| 1986 | 11 | 1.43% | 1,707.32 |
| 1986 | 12 | 6.40% | 1,821.26 |
| 1987 | 1 | 6.20% | 1,938.94 |
| 1987 | 2 | 4.13% | 2,023.80 |
| 1987 | 3 | -1.09% | 2,006.47 |
| 1987 | 4 | -0.07% | 2,009.94 |
| 1987 | 5 | 4.25% | 2,100.35 |
| 1987 | 6 | 2.89% | 2,165.93 |
| 1987 | 7 | 6.22% | 2,305.72 |
| 1987 | 8 | -3.25% | 2,235.84 |
| 1987 | 9 | -12.08% | 1,970.81 |
| 1987 | 10 | -12.56% | 1,728.33 |
| 1987 | 11 | -1.63% | 1,705.26 |
| 1987 | 12 | 3.94% | 1,777.68 |
| 1988 | 1 | 3.03% | 1,836.85 |
| 1988 | 2 | 2.94% | 1,896.22 |
| 1988 | 3 | -1.17% | 1,879.42 |
| 1988 | 4 | -2.48% | 1,838.29 |
| 1988 | 5 | 5.70% | 1,948.55 |
| 1988 | 6 | -0.59% | 1,942.57 |
| 1988 | 7 | -2.01% | 1,909.19 |
| 1988 | 8 | 1.63% | 1,945.98 |
| 1988 | 9 | 3.51% | 2,019.96 |
| 1988 | 10 | -2.31% | 1,979.15 |
| 1988 | 11 | 2.03% | 2,025.19 |
| 1988 | 12 | 3.22% | 2,096.33 |
| 1989 | 1 | 3.01% | 2,165.50 |
| 1989 | 2 | -0.44% | 2,162.00 |
| 1989 | 3 | 3.28% | 2,239.07 |
| 1989 | 4 | 3.84% | 2,331.22 |
| 1989 | 5 | 3.12% | 2,410.31 |
| 1989 | 6 | 2.53% | 2,477.80 |
| 1989 | 7 | 4.43% | 2,594.03 |
| 1989 | 8 | 0.20% | 2,605.84 |
| 1989 | 9 | 0.03% | 2,613.30 |
| 1989 | 10 | -2.07% | 2,565.91 |
| 1989 | 11 | 2.47% | 2,636.13 |
| 1989 | 12 | -2.48% | 2,577.84 |
| 1990 | 1 | -2.80% | 2,512.69 |
| 1990 | 2 | 2.42% | 2,580.72 |
| 1990 | 3 | -0.08% | 2,585.77 |
| 1990 | 4 | 3.57% | 2,685.35 |
| 1990 | 5 | 2.90% | 2,770.48 |
| 1990 | 6 | -0.10% | 2,775.18 |
| 1990 | 7 | -8.13% | 2,557.01 |
| 1990 | 8 | -4.64% | 2,446.01 |
| 1990 | 9 | -2.63% | 2,389.37 |
| 1990 | 10 | 2.66% | 2,460.66 |
| 1990 | 11 | 4.27% | 2,573.52 |
| 1990 | 12 | -0.99% | 2,555.89 |
| 1991 | 1 | 11.30% | 2,852.55 |
| 1991 | 2 | 2.77% | 2,939.40 |
| 1991 | 3 | 1.99% | 3,005.79 |
| 1991 | 4 | -0.45% | 3,000.42 |
| 1991 | 5 | 0.08% | 3,010.83 |
| 1991 | 6 | 0.51% | 3,034.33 |
| 1991 | 7 | 2.41% | 3,115.61 |
| 1991 | 8 | -0.56% | 3,106.17 |
| 1991 | 9 | -0.08% | 3,111.81 |
| 1991 | 10 | -0.25% | 3,112.30 |
| 1991 | 11 | 0.67% | 3,141.41 |
| 1991 | 12 | 7.10% | 3,372.55 |
| 1992 | 1 | -0.85% | 3,352.29 |
| 1992 | 2 | -1.26% | 3,318.35 |
| 1992 | 3 | 0.01% | 3,327.12 |
| 1992 | 4 | 1.82% | 3,395.94 |
| 1992 | 5 | -1.58% | 3,350.80 |
| 1992 | 6 | 1.66% | 3,414.88 |
| 1992 | 7 | 0.69% | 3,447.03 |
| 1992 | 8 | 0.13% | 3,460.07 |
| 1992 | 9 | -1.43% | 3,419.17 |
| 1992 | 10 | 2.51% | 3,513.43 |
| 1992 | 11 | 3.03% | 3,628.37 |
| 1992 | 12 | -0.09% | 3,633.55 |
| 1993 | 1 | 1.49% | 3,696.20 |
| 1993 | 2 | 1.92% | 3,775.68 |
| 1993 | 3 | -1.57% | 3,725.02 |
| 1993 | 4 | 0.49% | 3,752.01 |
| 1993 | 5 | 0.63% | 3,784.47 |
| 1993 | 6 | -0.17% | 3,786.78 |
| 1993 | 7 | 1.53% | 3,853.52 |
| 1993 | 8 | 1.13% | 3,905.74 |
| 1993 | 9 | 1.01% | 3,954.24 |
| 1993 | 10 | -0.22% | 3,954.54 |
| 1993 | 11 | 0.66% | 3,989.62 |
| 1993 | 12 | 1.51% | 4,058.88 |
| 1994 | 1 | -0.30% | 4,055.81 |
| 1994 | 2 | -1.65% | 3,998.06 |
| 1994 | 3 | -3.57% | 3,864.27 |
| 1994 | 4 | 0.82% | 3,905.16 |
| 1994 | 5 | 0.87% | 3,948.44 |
| 1994 | 6 | -0.75% | 3,927.95 |
| 1994 | 7 | 2.84% | 4,049.01 |
| 1994 | 8 | 0.59% | 4,082.11 |
| 1994 | 9 | -0.67% | 4,063.99 |
| 1994 | 10 | -0.60% | 4,048.95 |
| 1994 | 11 | -1.26% | 4,007.42 |
| 1994 | 12 | 2.21% | 4,105.65 |
| 1995 | 1 | 3.58% | 4,262.45 |
| 1995 | 2 | 2.33% | 4,371.49 |
| 1995 | 3 | 2.99% | 4,512.06 |
| 1995 | 4 | 3.13% | 4,663.11 |
| 1995 | 5 | 2.97% | 4,811.33 |
| 1995 | 6 | 3.34% | 4,982.01 |
| 1995 | 7 | 0.31% | 5,007.57 |
| 1995 | 8 | 3.52% | 5,193.73 |
| 1995 | 9 | 0.72% | 5,241.13 |
| 1995 | 10 | 2.16% | 5,364.74 |
| 1995 | 11 | 3.20% | 5,546.56 |
| 1995 | 12 | -0.02% | 5,555.57 |
| 1996 | 1 | 5.72% | 5,883.60 |
| 1996 | 2 | -0.38% | 5,871.79 |
| 1996 | 3 | 0.02% | 5,883.36 |
| 1996 | 4 | 2.17% | 6,021.90 |
| 1996 | 5 | 1.10% | 6,098.90 |
| 1996 | 6 | -3.65% | 5,886.86 |
| 1996 | 7 | 2.89% | 6,067.93 |
| 1996 | 8 | 1.84% | 6,190.73 |
| 1996 | 9 | 3.94% | 6,445.75 |
| 1996 | 10 | 4.88% | 6,771.40 |
| 1996 | 11 | 1.03% | 6,852.54 |
| 1996 | 12 | 3.09% | 7,075.76 |
| 1997 | 1 | 4.20% | 7,384.35 |
| 1997 | 2 | -0.78% | 7,338.29 |
| 1997 | 3 | -3.56% | 7,088.40 |
| 1997 | 4 | 9.05% | 7,741.80 |
| 1997 | 5 | 5.19% | 8,154.97 |
| 1997 | 6 | 5.59% | 8,622.73 |
| 1997 | 7 | 0.21% | 8,652.72 |
| 1997 | 8 | 1.05% | 8,755.86 |
| 1997 | 9 | 1.51% | 8,899.93 |
| 1997 | 10 | -1.29% | 8,797.40 |
| 1997 | 11 | 2.50% | 9,029.17 |
| 1997 | 12 | 0.10% | 9,050.58 |
| 1998 | 1 | 6.27% | 9,630.01 |
| 1998 | 2 | 5.19% | 10,141.64 |
| 1998 | 3 | 3.28% | 10,487.03 |
| 1998 | 4 | -0.34% | 10,463.77 |
| 1998 | 5 | 0.00% | 10,475.95 |
| 1998 | 6 | 4.35% | 10,943.98 |
| 1998 | 7 | -7.09% | 10,181.08 |
| 1998 | 8 | -5.02% | 9,682.36 |
| 1998 | 9 | 1.16% | 9,807.35 |
| 1998 | 10 | 10.84% | 10,883.64 |
| 1998 | 11 | 3.99% | 11,330.32 |
| 1998 | 12 | 4.93% | 11,902.24 |
| 1999 | 1 | -0.18% | 11,894.30 |
| 1999 | 2 | 2.81% | 12,242.03 |
| 1999 | 3 | 4.14% | 12,762.32 |
| 1999 | 4 | -0.20% | 12,749.71 |
| 1999 | 5 | -0.71% | 12,671.71 |
| 1999 | 6 | 4.42% | 13,244.77 |
| 1999 | 7 | -3.87% | 12,744.86 |
| 1999 | 8 | -0.70% | 12,668.65 |
| 1999 | 9 | -1.38% | 12,507.44 |
| 1999 | 10 | 7.00% | 13,396.21 |
| 1999 | 11 | 2.71% | 13,772.48 |
| 1999 | 12 | -0.22% | 13,756.10 |
| 2000 | 1 | -2.58% | 13,415.21 |
| 2000 | 2 | 3.84% | 13,943.90 |
| 2000 | 3 | 1.33% | 14,142.55 |
| 2000 | 4 | -2.93% | 13,741.07 |
| 2000 | 5 | 3.07% | 14,175.77 |
| 2000 | 6 | 0.76% | 14,296.31 |
| 2000 | 7 | 0.85% | 14,430.66 |
| 2000 | 8 | -1.17% | 14,274.86 |
| 2000 | 9 | -5.31% | 13,530.53 |
| 2000 | 10 | -0.87% | 13,426.00 |
| 2000 | 11 | -3.42% | 12,980.25 |
| 2000 | 12 | 0.35% | 13,039.31 |
| 2001 | 1 | -2.24% | 12,760.76 |
| 2001 | 2 | -9.18% | 11,602.09 |
| 2001 | 3 | 0.34% | 11,654.15 |
| 2001 | 4 | 6.77% | 12,455.88 |
| 2001 | 5 | -2.49% | 12,158.35 |
| 2001 | 6 | -2.77% | 11,834.91 |
| 2001 | 7 | -2.15% | 11,592.79 |
| 2001 | 8 | -11.36% | 10,288.91 |
| 2001 | 9 | 3.06% | 10,616.51 |
| 2001 | 10 | 4.93% | 11,152.98 |
| 2001 | 11 | 1.35% | 11,316.49 |
| 2001 | 12 | -0.41% | 11,282.80 |
| 2002 | 1 | -3.47% | 10,904.51 |
| 2002 | 2 | 4.83% | 11,443.77 |
| 2002 | 3 | -3.63% | 11,041.59 |
| 2002 | 4 | -2.94% | 10,730.17 |
| 2002 | 5 | -6.04% | 10,094.84 |
| 2002 | 6 | -10.89% | 9,008.79 |
| 2002 | 7 | 0.99% | 9,111.38 |
| 2002 | 8 | -4.90% | 8,677.89 |
| 2002 | 9 | -1.52% | 8,559.26 |
| 2002 | 10 | 6.47% | 9,126.36 |
| 2002 | 11 | -1.18% | 9,031.89 |
| 2002 | 12 | -0.37% | 9,011.79 |
| 2003 | 1 | -6.56% | 8,433.70 |
| 2003 | 2 | 1.15% | 8,544.01 |
| 2003 | 3 | 5.13% | 8,995.63 |
| 2003 | 4 | 5.16% | 9,473.50 |
| 2003 | 5 | 5.56% | 10,013.88 |
| 2003 | 6 | 0.46% | 10,073.56 |
| 2003 | 7 | -0.30% | 10,056.80 |
| 2003 | 8 | 3.02% | 10,374.72 |
| 2003 | 9 | 1.89% | 10,585.10 |
| 2003 | 10 | 1.08% | 10,713.24 |
| 2003 | 11 | 2.93% | 11,041.47 |
| 2003 | 12 | 4.80% | 11,586.37 |
| 2004 | 1 | 0.96% | 11,712.27 |
| 2004 | 2 | -1.70% | 11,528.95 |
| 2004 | 3 | 0.83% | 11,640.57 |
| 2004 | 4 | -2.70% | 11,342.07 |
| 2004 | 5 | 2.72% | 11,666.19 |
| 2004 | 6 | -2.38% | 11,405.01 |
| 2004 | 7 | -1.53% | 11,246.76 |
| 2004 | 8 | 2.64% | 11,559.71 |
| 2004 | 9 | -0.04% | 11,571.57 |
| 2004 | 10 | 4.63% | 12,123.99 |
| 2004 | 11 | 2.59% | 12,454.66 |
| 2004 | 12 | -1.48% | 12,286.62 |
| 2005 | 1 | 1.54% | 12,493.19 |
| 2005 | 2 | -0.39% | 12,461.26 |
| 2005 | 3 | -2.55% | 12,161.07 |
| 2005 | 4 | 1.19% | 12,323.53 |
| 2005 | 5 | 2.03% | 12,592.27 |
| 2005 | 6 | 1.66% | 12,819.91 |
| 2005 | 7 | 0.17% | 12,859.66 |
| 2005 | 8 | 0.13% | 12,895.62 |
| 2005 | 9 | -2.77% | 12,557.21 |
| 2005 | 10 | 3.81% | 13,054.67 |
| 2005 | 11 | 2.00% | 13,334.58 |
| 2005 | 12 | 1.32% | 13,530.17 |
| 2006 | 1 | -0.16% | 13,527.92 |
| 2006 | 2 | 1.34% | 13,728.96 |
| 2006 | 3 | 0.65% | 13,838.56 |
| 2006 | 4 | -0.93% | 13,729.70 |
| 2006 | 5 | -2.86% | 13,358.21 |
| 2006 | 6 | 0.56% | 13,454.39 |
| 2006 | 7 | 2.14% | 13,762.73 |
| 2006 | 8 | 2.38% | 14,111.09 |
| 2006 | 9 | 3.46% | 14,621.34 |
| 2006 | 10 | 1.85% | 14,914.00 |
| 2006 | 11 | 2.00% | 15,234.40 |
| 2006 | 12 | 0.55% | 15,339.95 |
| 2007 | 1 | 1.45% | 15,584.78 |
| 2007 | 2 | -2.62% | 15,199.23 |
| 2007 | 3 | 4.03% | 15,834.59 |
| 2007 | 4 | 3.25% | 16,371.67 |
| 2007 | 5 | 0.20% | 16,428.13 |
| 2007 | 6 | 0.43% | 16,522.53 |
| 2007 | 7 | -4.35% | 15,828.40 |
| 2007 | 8 | 2.92% | 16,315.08 |
| 2007 | 9 | 2.84% | 16,803.17 |
| 2007 | 10 | -4.95% | 15,995.56 |
| 2007 | 11 | 1.08% | 16,193.62 |
| 2007 | 12 | -6.79% | 15,119.14 |
| 2008 | 1 | -1.73% | 14,882.68 |
| 2008 | 2 | -2.80% | 14,491.77 |
| 2008 | 3 | 4.06% | 15,106.77 |
| 2008 | 4 | 2.39% | 15,493.90 |
| 2008 | 5 | -4.42% | 14,835.94 |
| 2008 | 6 | -6.26% | 13,934.14 |
| 2008 | 7 | 1.92% | 14,228.22 |
| 2008 | 8 | -5.03% | 13,538.50 |
| 2008 | 9 | -20.39% | 10,804.60 |
| 2008 | 10 | -8.85% | 9,874.82 |
| 2008 | 11 | -0.62% | 9,840.14 |
| 2008 | 12 | -1.37% | 9,732.34 |
| 2009 | 1 | -6.97% | 9,080.03 |
| 2009 | 2 | -5.97% | 8,563.60 |
| 2009 | 3 | 12.02% | 9,618.79 |
| 2009 | 4 | 6.40% | 10,259.38 |
| 2009 | 5 | 2.63% | 10,553.71 |
| 2009 | 6 | 1.05% | 10,688.55 |
| 2009 | 7 | 7.90% | 11,556.54 |
| 2009 | 8 | 3.45% | 11,978.39 |
| 2009 | 9 | 2.21% | 12,266.25 |
| 2009 | 10 | 1.91% | 12,523.14 |
| 2009 | 11 | 2.05% | 12,801.89 |
| 2009 | 12 | 1.19% | 12,975.61 |
| 2010 | 1 | -3.06% | 12,599.51 |
| 2010 | 2 | 5.77% | 13,348.31 |
| 2010 | 3 | 3.93% | 13,893.98 |
| 2010 | 4 | -6.04% | 13,076.68 |
| 2010 | 5 | -3.71% | 12,613.30 |
| 2010 | 6 | -0.33% | 12,593.23 |
| 2010 | 7 | 0.69% | 12,701.99 |
| 2010 | 8 | 3.20% | 13,130.19 |
| 2010 | 9 | 4.41% | 13,731.22 |
| 2010 | 10 | 2.33% | 14,073.25 |
| 2010 | 11 | 3.56% | 14,595.90 |
| 2010 | 12 | 3.31% | 15,101.23 |
| 2011 | 1 | 3.00% | 15,577.05 |
| 2011 | 2 | -1.26% | 15,403.77 |
| 2011 | 3 | 2.07% | 15,745.88 |
| 2011 | 4 | 0.51% | 15,849.68 |
| 2011 | 5 | -3.81% | 15,269.17 |
| 2011 | 6 | 2.94% | 15,742.78 |
| 2011 | 7 | -10.56% | 14,105.43 |
| 2011 | 8 | -0.96% | 13,994.10 |
| 2011 | 9 | 2.84% | 14,416.57 |
| 2011 | 10 | 1.59% | 14,671.33 |
| 2011 | 11 | 1.38% | 14,899.43 |
| 2011 | 12 | 4.61% | 15,612.01 |
| 2012 | 1 | 3.99% | 16,261.87 |
| 2012 | 2 | 2.72% | 16,730.84 |
| 2012 | 3 | -0.20% | 16,724.45 |
| 2012 | 4 | -3.26% | 16,207.50 |
| 2012 | 5 | -1.33% | 16,020.73 |
| 2012 | 6 | 2.74% | 16,488.71 |
| 2012 | 7 | 3.21% | 17,047.29 |
| 2012 | 8 | 2.85% | 17,562.32 |
| 2012 | 9 | -0.39% | 17,524.19 |
| 2012 | 10 | -3.01% | 17,026.94 |
| 2012 | 11 | 1.99% | 17,397.37 |
| 2012 | 12 | 4.09% | 18,140.02 |
| 2013 | 1 | 2.16% | 18,563.23 |
| 2013 | 2 | 2.55% | 19,068.60 |
| 2013 | 3 | 1.28% | 19,345.82 |
| 2013 | 4 | 4.40% | 20,230.75 |
| 2013 | 5 | -1.28% | 20,004.62 |
| 2013 | 6 | 3.08% | 20,655.66 |
| 2013 | 7 | 0.08% | 20,707.82 |
| 2013 | 8 | 1.02% | 20,954.76 |
| 2013 | 9 | 1.95% | 21,398.49 |
| 2013 | 10 | 3.69% | 22,224.47 |
| 2013 | 11 | 1.36% | 22,562.65 |
| 2013 | 12 | 0.81% | 22,781.01 |
| 2014 | 1 | -0.29% | 22,751.39 |
| 2014 | 2 | 2.56% | 23,370.74 |
| 2014 | 3 | 0.04% | 23,417.89 |
| 2014 | 4 | 1.37% | 23,776.66 |
| 2014 | 5 | 3.03% | 24,536.63 |
| 2014 | 6 | 1.34% | 24,903.66 |
| 2014 | 7 | -0.59% | 24,797.33 |
| 2014 | 8 | 1.62% | 25,238.24 |
| 2014 | 9 | -2.81% | 24,570.28 |
| 2014 | 10 | 5.54% | 25,972.18 |
| 2014 | 11 | 0.47% | 26,136.81 |
| 2014 | 12 | -1.27% | 25,846.68 |
| 2015 | 1 | 2.66% | 26,577.47 |
| 2015 | 2 | -0.11% | 26,592.19 |
| 2015 | 3 | 0.71% | 26,825.77 |
| 2015 | 4 | 0.82% | 27,088.37 |
| 2015 | 5 | -0.60% | 26,970.40 |
| 2015 | 6 | -0.25% | 26,948.93 |
| 2015 | 7 | -2.59% | 26,295.58 |
| 2015 | 8 | -4.68% | 25,110.41 |
| 2015 | 9 | 4.13% | 26,194.46 |
| 2015 | 10 | 2.76% | 26,962.60 |
| 2015 | 11 | -1.28% | 26,665.21 |
| 2015 | 12 | -6.60% | 24,953.41 |
| 2016 | 1 | -0.74% | 24,816.19 |
| 2016 | 2 | 6.17% | 26,395.17 |
| 2016 | 3 | 2.65% | 27,142.49 |
| 2016 | 4 | -0.48% | 27,059.88 |
| 2016 | 5 | 0.89% | 27,348.47 |
| 2016 | 6 | 3.12% | 28,250.27 |
| 2016 | 7 | 1.03% | 28,589.06 |
| 2016 | 8 | -0.61% | 28,463.65 |
| 2016 | 9 | -0.68% | 28,319.63 |
| 2016 | 10 | 1.03% | 28,659.79 |
| 2016 | 11 | 3.77% | 29,790.70 |
| 2016 | 12 | 1.27% | 30,218.98 |
| 2017 | 1 | 2.41% | 30,997.55 |
| 2017 | 2 | 1.58% | 31,539.78 |
| 2017 | 3 | -0.32% | 31,491.21 |
| 2017 | 4 | 1.53% | 32,024.16 |
| 2017 | 5 | 1.61% | 32,593.04 |
| 2017 | 6 | 0.83% | 32,915.02 |
| 2017 | 7 | 0.09% | 32,996.59 |
| 2017 | 8 | 1.49% | 33,542.11 |
| 2017 | 9 | 2.57% | 34,459.42 |
| 2017 | 10 | 1.43% | 35,007.17 |
| 2017 | 11 | 2.73% | 36,016.60 |
| 2017 | 12 | 4.71% | 37,767.69 |
| 2018 | 1 | -3.03% | 36,677.46 |
| 2018 | 2 | -0.09% | 36,701.14 |
| 2018 | 3 | -1.82% | 36,090.45 |
| 2018 | 4 | 1.80% | 36,798.40 |
| 2018 | 5 | 1.96% | 37,575.94 |
| 2018 | 6 | 1.43% | 38,169.92 |
| 2018 | 7 | 2.30% | 39,105.39 |
| 2018 | 8 | 1.53% | 39,762.26 |
| 2018 | 9 | -4.00% | 38,231.82 |
| 2018 | 10 | -2.23% | 37,438.09 |
| 2018 | 11 | -5.73% | 35,355.59 |
| 2018 | 12 | 1.56% | 35,969.23 |
| 2019 | 1 | 5.66% | 38,065.84 |
| 2019 | 2 | 1.78% | 38,807.37 |
| 2019 | 3 | 3.56% | 40,252.26 |
| 2019 | 4 | -1.69% | 39,635.68 |
| 2019 | 5 | 1.24% | 40,192.46 |
| 2019 | 6 | 3.67% | 41,730.76 |
| 2019 | 7 | -3.29% | 40,422.75 |
| 2019 | 8 | 2.92% | 41,669.88 |
| 2019 | 9 | -0.15% | 41,673.97 |
| 2019 | 10 | 4.27% | 43,521.66 |
| 2019 | 11 | 2.31% | 44,596.35 |
| 2019 | 12 | 3.19% | 46,088.72 |
| 2020 | 1 | -0.03% | 46,144.99 |
| 2020 | 2 | -19.07% | 37,415.41 |
| 2020 | 3 | 4.13% | 39,031.24 |
| 2020 | 4 | 5.71% | 41,329.15 |
| 2020 | 5 | 6.34% | 44,018.97 |
| 2020 | 6 | 3.32% | 45,549.26 |
| 2020 | 7 | 3.93% | 47,339.51 |
Click to show 750 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.
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 |
$45.43 |
|
End Value
Average monthly close |
$3,333.69 |
| Change in price |
+7,238.08%
+7.03% / yr |
| Change incl. dividends |
+47,239.51%
+10.17% / yr |
| Change, inflation-adjusted |
+5,053.65%
+6.40% |
|
Final amount, nominal ($100 base) |
$47,339.51 |
|
Final amount, inflation-adjusted ($100 base) |
$5,153.65 |