The Tooth Fairy Is Getting Way More Generous, Survey Reveals

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Tooth Fairy Inflation Results in Tooth Payout Approaching $4
In what may be the strongest sign yet of the ongoing economic recovery, a new study finds that the average price per tooth paid by the Tooth Fairy has risen 42 percent in the last two years.

In its annual survey of tooth redemption rates, Visa found that the Tooth Fairy gave kids an average of $3.70 per lost tooth this year. That's up 23 percent from a $3.00 average last year, and up an incredible 42 percent over 2011, when kids got an average of $2.60 per tooth.

The appreciation in tooth values is far outpacing the S&P 500 as the economy continues to recover from the Great Recession. And it's happened despite stagnant consumer spending.

Unfortunately, the survey also reveals some harsh truths about economic inequality in this country. More than a third of kids reportedly got a dollar or less per tooth, but the top 2 percent got a whopping $50 a tooth. On the bright side, more households are benefiting from the Fairy's generosity: 90 percent of households got a visit, up from 84 percent a year ago. But the Fairy seems to have a regional bias, giving $4.10 a tooth to children in the Northeast will stiffing Midwestern children with an average of just $3.30 a tooth.

For parents struggling to determine how much the Tooth Fairy should leave their child, Visa has a free app that lets you input your age, income and other demographic data to see where the average lies for families similar to yours.

Matt Brownell is the consumer and retail reporter for DailyFinance. You can reach him at Matt.Brownell@teamaol.com, and follow him on Twitter at @Brownellorama.

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betty_brock

They money the tooth fairy leaves is worth less every year. The more the FED prints the less what the tooth fairy has is worth.

September 02 2013 at 12:10 PM Report abuse rate up rate down Reply
3DIGIT

I keep giving my son the same 5 dollar bill for every tooth jeejeje His happy!!

August 30 2013 at 3:10 PM Report abuse +1 rate up rate down Reply
C S Buck

Tooth fairy? I didn't get anything when I was a kid. I didn't realize real kids got anything when they lost a tooth, until I was a teenager.

August 30 2013 at 3:01 PM Report abuse rate up rate down Reply
smiles41

Take a quarter and SAVE IT.... if the kid has a gold filling by all means up the antie, otherwise, a quarter is it.

August 30 2013 at 2:47 PM Report abuse rate up rate down Reply
alikat1956

Maybe I should be pulling out my teeth instead of my hair! (in regards to the economy)

August 30 2013 at 2:20 PM Report abuse rate up rate down Reply
Kay

Wow......I lost my teeth way to early. I was lucky to get a nickle and I thought I was rich if I got a dime! I think my children, back in the '70's were thrilled with a quarter. Talk about inflation.......lol.

August 30 2013 at 1:56 PM Report abuse rate up rate down Reply