Tooth Fairy Payoffs Less During Recession
Most kids are comforted by the fact that when they lose a baby tooth they will be compensated for that loss by the tooth fairy. However while the price of gold is going up the price of enamel is apparently going down. According to a survey conducted for Visa the average reward for a lost tooth has declined almost 14% over the last year from $3.10 to $2.60.Despite the drop the survey says that 90% of kids will at least get a little something from the winged tooth thief. Other findings include:
- 10% of kids are reaching under their pillows and coming up empty, compared to the last survey when just 6% of kids didn’t get a visit from the tooth fairy.
- 7% of children receive less than a dollar.
- 29% of children receive exactly $1, compared to last year when 37% received exactly $1.
- 18% receive between $2 and $4.
- 18% of children receive $5 as compared to 22% last year.
- In the East, the Tooth Fairy now leaves just $2.10, a 38% cut from the $3.40 she left in 2010.
- Southern states also saw a significant decrease, $2.60 in 2011 versus $3.30 in 2010 – a 21% reduction.
- Midwestern children receive an average of $2.80, a 3% decrease from last year’s $2.90.
- The West bucked the national trend, with children pocketing $2.80, up 4% from last year’s $2.70.