Tooth fairy grows more generous

June 26, 2007 at 2:56 PM

LONDON, June 26 (UPI) -- A study by Children's Mutual suggests British tooth fairy payouts have increased by 500 percent over the past 25 years.

The company said the average tooth fairy payment was about 34 cents 25 years ago, but has jumped in the past generation to an average of $2.10, The Scotsman reported Tuesday.

The study found the current average could earn a child who loses 20 teeth between the ages of 6 and 11 -- roughly one in 12 children -- more than $80. The 500 percent inflation rate contrasts with the 150 percent rise in the cost of living over the same time period and resembles the 600 percent rise in house prices.

"The generosity of the tooth fairy has accelerated rapidly and shows no signs of abating," said David White, chief executive of The Children's Mutual. "Teaching the value of money is often difficult, but the tooth fairy is on hand to help. Paying children for lost teeth could help bring playing shop and money games to life."

Related UPI Stories
Latest Headlines
Trending Stories
Eli Manning explains pout face after Broncos' Super Bowl score
Watch Katie Holmes dance like Beyonce on 'The Tonight Show'
Warner Music to pay back licensing fees for 'Happy Birthday' copyright
Daring duo arrested for sex on Las Vegas' 550-foot Ferris wheel
Car spins out of control, lands on roof of California home