Tooth Fairy Prices Raising per Tooth
Bob Dylan said it best: Times, They Are a-Changin’. Studies are showing that the tooth fairy’s price for an average baby tooth is skyrocketing. Gone are the days of spare change under the pillow: kids now are bringing in the dollar bills with their teeth.
A study in late 2013 showed that kids are getting an average of $3.70 per tooth, which is a 23% increase from 2012’s $3, and a 42% increase from 2011’s $2.60. Unfortunately for the tooth fairy, it doesn’t seem as though there are any signs of that trend slowing down any time soon. Time for the tooth fairy to make a pit stop at the ATM.
Of course, prices fluctuate based on location and economic status. There are parents that give their child a dollar or less, and others parents that have given up to $20 for one tooth. So how do you decide how much to give?
That’s up to you, but there a few ways for you to be able to get a ballpark idea. First, ask other parents. The best way to get an idea of how much to give might be to mirror whatever their friends are getting.
Another way to decide is to download the tooth fairy calculator app. It’s available online or for your phone, and it determines the average amount given to children with parents in the same situation as you. It takes into account age, level of education, marital status, how many kids you have, and your average annual income.
With all that information, it takes samples of others in a similar situation and recommends a price per tooth. Of course, it’s only a suggestion and you can give them whatever you’d prefer.
It’s important to maintain your child’s dental health as soon as their teeth start growing in. If your child is starting to lose their first teeth, give Dr. Real a call at (714) 525-2888 to make sure everything is going smoothly with their adult teeth.