Average pay per tooth down for the 2nd year in a row

The Federal Reserve may have one more reason to worry about not hitting its inflation target. In its sixth annual Tooth Fairy survey Visa found that American children are paid $3.19 per lost tooth on average, that’s down a whooping 24 cents from last year and marks the second consecutive year of declining tooth prices. Based on the latest data the average kid can expect to earn $64 of tooth income over the course of his or her career.

“The Tooth Fairy is finally fluttering back to earth,” observed Nat Sillin, Visa’s director of global financial education. Visa did not estimate the size of the total under-the-pillow market or how much it contributes to the U.S. economy but it is clear pearly whites are big business. In 2010 FORBES pegged the Tooth Fairy’s net worth at $3.9 billion, in our ranking of the richest fictional characters.

http://www.forbes.com/sites/samanthasharf/2015/08/17/tooth-fairy-deflation-average-payout-per-tooth-drops-to-3-19/

Herbie Green wrote:Wow. I would have guessed 50 cents. Thought it was a bit much my kids were getting dollar coins. Now half of them must be getting fivers. Looks like the pussification of America will only get worse with the next generation.