For many children, getting paid by the Tooth Fairy is one of their first experiences with ‘earning’ money. And, of course, one of the most magical.
Most parents find it easy to explain this part to their child: You lose a tooth, put it under the pillow, and when you wake up the next day, the Tooth Fairy has swapped your tooth for a coin.
Other questions can be a little more tricky to answer. It’s not so easy to explain where the Tooth Fairy gets their money, how they carry it, or what they do with all those teeth that they’ve collected.
Fortunately, many parents have a more straightforward question: how much does the Tooth Fairy pay, and what’s the going rate?
How much does the Tooth Fairy pay out on average in the UK?
While some lucky children may get up to £10 or more for each tooth, the UK average is around £3.42.
Where you live in the UK seems to determine the going rate per tooth. This might be down to how far the she has to travel, but the Tooth Fairy is most generous to children living in Harrogate, who receive, on average, £2.50 per pearly white.
Meanwhile, children in Nottingham get around £1, Edinburgh kids get 75p, and those living in Bradford get 50p on average per tooth.
However, for some households, the Tooth Fairy employs a more complex payout system, leaving different amounts for different teeth, for example, a larger amount for the first tooth and then a smaller amount for subsequent teeth.
Over in Spain and Ireland, the Tooth Fairy appears to be a little more generous, paying out €3.90 per tooth, equivalent to £3.36. Meanwhile, in the US, the average payout from the Tooth Fairy is $4.13 or nearly £3 per tooth.
Should Tooth Fairy payments rise in line with inflation?
Even the Tooth Fairy can't escape inflation, and we’ve discovered that their rates can vary considerably.
We’ve heard that the Tooth Fairy loves nothing more than finding a clean and healthy tooth, so they may feel more inclined to leave more cash when teeth have been particularly well cared for.
Rumour has it that they sometimes pay less if they encounter a messy bedroom, discover that a child hasn't been going to bed on time, or hasn’t been brushing their teeth properly.
Ultimately, the amount the Tooth Fairy pays out varies from child to child, so it’s worth reminding your child that there’s no set rate.
Do Tooth Fairies always leave money?
In some households, the Tooth Fairy likes to leave a gift instead of money.
This might be a fun character toothbrush and dental supplies, custom Tooth Fairy gifts, a gift card or a small toy.
Encourage your kids to take good care of their oral hygiene
The Tooth Fairy likes to encourage children to take good care of their teeth, so it pays to remind them that failing to brush regularly – and thoroughly – is one of the most common causes of tooth decay in children.
If you are looking for ways to encourage your kids to brush their teeth, then GoHenry can help. Some families find rewards helpful in establishing a good oral hygiene routine and encourage their kids to stick to it to develop good habits. That's why brushing their teeth twice daily is one of the top pocket money tasks for youngsters in the UK.
With the GoHenry prepaid debit card and app, you can set up paid tasks and pay your child a weekly reward if they brush their teeth twice daily without complaining.
Who knows, the Tooth Fairy might reward their efforts, too!