The average payout per tooth has plummeted 43 cents over the past year, according to the most recent Original Tooth Fairy Poll by Delta Dental data. The annual survey of more than 1,000 parents with kids ages six to 12 found that each pearly white commands $3.70 on average, down from $4.13 last year. It’s the second year in a row that lost teeth have lost value, as last year’s price per tooth was down 11% from the $4.66 apiece the year before.
While Priska Diaz, 43, recalls just finding coins under her pillow in exchange for her baby teeth when she was growing up, today the Eastchester, N.Y. mom has upped the dental ante by giving her son, 11, and daughter, 10, a whopping $20 for every lost canine and incisor. She estimates she’s coughed up $200 in the name of the tooth fairy so far.
But the parents that MarketWatch spoke with, anyway, said that the Original Tooth Fairy Poll’s findings fall short of the real going rate for baby teeth. The first tooth usually commands the highest price, with many parents forking over $20 to celebrate the ‘smilestone,’ followed by subsequent teeth going for $5 apiece.
But that’s before getting the grandparents and great-grandparents involved. Somerfeld added that as soon as his son, now 11, loses a tooth, he calls his great-grandma in Florida. “She ‘alerts’ the 'Florida tooth fairy' who then mails another $5 to our son for each lost tooth. So, total haul per tooth equals $10,” he said, adding, “I love my grandmother for being a part of the magic.”
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