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S&P 500 CPI-Adjusted Total Return




Methodology and data notes

This dashboard compares the S&P 500 with a CPI-adjusted (inflation-adjusted) version to show how US equity performance looks in real purchasing-power terms. It uses S&P 500 price/total return data alongside US CPI inflation data to convert nominal index levels into real values over time. The chart highlights periods when inflation erodes gains and when real returns meaningfully outpace price growth. Data is updated with the latest available market and CPI observations and displayed with long-term historical context. Use it to evaluate real equity wealth creation, regime shifts and the interaction between stocks and inflation.