Tooth Fairy leaves $225M under Pillows each year

By Alison Majikes/Special to Benco Dental

I don’t know about you, but back when I was a kid, when I lost a tooth I got 50 cents under my pillow the next morning, a dollar if I was lucky…but my, how times have changed.

These days, the tooth fairy is hard at work shelling out top-dollar for all the baby teeth gracing pillows every day across the globe.

A recent survey by oral healthcare company Sunstar Gum found that money parents shell out nationwide is on the increase.

But according to Yahoo parenting, the exact dollar amount varies by region, with NYC parents giving the highest payout, averaging $13.25 for every baby tooth lost.

The company surveyed 1,000 families earlier this month (by the way, today, February 28, is National Tooth Fairy Day!) that focused on five cities: New York City, Los Angeles, Boston, Chicago and Dallas/Houston.

Boston clocked in with the lowest per tooth payout out of the five cities surveyed, with an average of $5.02 per pearly white.

While Los Angeles and New York parents may dole seemingly inflated amounts, Yahoo Parenting found that most parents across the country give their children between $1 and $5 when their children’s tooth falls out.

According to an article by DailyMail.com, during an informal Facebook survey on the matter, parents around the country recalled their own days as gap-toothed children, receiving quarters from the Tooth Fairy. In 2014, parents paid an average of $4.36 for each tooth lost, up 25% from the 2013 average of $3.50.

So, if you’re a parent to a little one these days, you might want to start saving up for all those teeth they’re going to lose. Kids are expecting a bigger payout every year!

To read the full article:http://www.dailymail.co.uk/news/article-2967246/Studies-parents-shelling-play-Tooth-Fairy-New-York-City-kids-raking-13-25-TOOTH.html