SOUTH AFRICA COMPARE TO OTHER COUNTRIES?
For countries like Australia, SA, Switzerland and the UK, there didn’t seem to be any formal survey data about the going rate for the tooth fairy or tooth mouse. I did come across some informal polls on Facebook and parenting websites, but these weren’t conclusive.
The US seemed to be the only country with formal survey data on the subject. As part of their personal f inance education programme in the US, Visa conducts an annual survey about tooth fairy payouts. In July 2013, they sampled 3 000 random US households by phone. The survey results were drawn up based on 1 000 of those households with a child younger than 13. So what was the average payout per tooth? Based on Visa’s latest findings, the US tooth fairy is leaving a generous $3.70 per tooth, on average. In inf lationary terms, that’s a 23% jump compared to 2012’s rate of $3 per tooth, and 42% up on the $2.60 per tooth that the tooth fairy paid out in 2011.
Do the maths: if a child gets the US average $3.70 per tooth, they’ll pocket an astronomical $74 for their complete set of 20 baby teeth! With her payout to children climbing steadily per lost tooth over the last three years, this is one generous tooth fairy.
Looking at the 13% dip in tooth fairy payouts from $3 in 2010 to $2.60 in 2011, many believe this was due to the enduring f inancial slump. Supporting this theory, the spike in the tooth fairy’s generosit y i n 2013 t a l l i es with an improving economic recovery in the US. Their stock market is up this year; their