Family Life
Lost teeth are a moment of joy for kids, but for parents, it often means a frantic search for cash. How much should you really be prepared to offer?
According to insights from Delta Dental, who have tracked tooth fairy payouts for over two decades, the average reward has risen to approximately $4.70 per tooth. Given the recent inflation, it’s likely that we’re looking at a round figure of about $5 these days.
To confirm, I reached out to my sibling, who mentioned that his 8-year-old daughter, Emma, has been losing teeth quite frequently. “We give five dollars,” he texted. “Last time, I think it was quarters. We may have borrowed them from her piggy bank.”
If we do the math, kids typically lose twenty baby teeth. At five dollars each, that totals a whopping one hundred dollars from ages six to twelve. That’s enough for a decent toy or two, like a 16-inch plushie.
A quick survey on Reddit revealed a wide range of payouts among American kids. One user named Skyler shared that some classmates receive “quarters, notes, glitter money, and even a $20 bill.” What’s glitter money, and can it be spent? Also, are you really ready to shell out $400 for twenty baby teeth?
Some Redditors suggested a clever alternative: offering kids a $2 bill or a $1 coin instead. For children under ten, a shiny dollar coin is often more exciting than a plain five-dollar bill, as it feels special and rare, coming only from the tooth fairy. In my experience, kids loved receiving these coins, and I managed to get them by exchanging larger bills at subway token machines.
Despite the inevitable requests for toys like plushies, with grandma contributing five-dollar bills for holidays, the dollar coins allowed me to navigate the tooth-losing years for just $20 per child.
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Summary
The payout from the tooth fairy has increased, with the average amount now around $5 per tooth. While kids can earn a total of $100 during their tooth-losing years, parents can consider creative alternatives like dollar coins to keep the magic alive.