Not Even the Tooth Fairy Is Recession Proof
Whether you choose to blame the recession, or Obama, or both, the fact of the matter is the market for baby teeth just isn't what it used to be. On average, the tooth fairy is delivering $3.19 per tooth this year, and the amount continues to slip. This sum is a 24 cent decline from last year and the second year of decline overall according to Forbes. Gone are the days of sweet fivers, or the rare ten for a molar.
These numbers may seem dismal to kids trying to save up for a new bicycle, but they've been even worse in the past. From 2010 to 2012, the average tooth payout was only about $3, finally rising to $4 in 2013 before dropping again.
These numbers come from Visa’s sixth annual Tooth Fairy survey, in which 4,027 parents were polled. Apparently, dads make slightly more generous tooth fairies, leaving an average of $3.63 per tooth, while moms slipped their kids an average of $2.87. Northeast children receive a little more cash than the rest with an average of $3.56, while Southern children get the least, pocketing just $3.07 per tooth.
Hopefully the tooth fairy will loosen her pockets in the coming years.