Tooth Fairy chews a hole in deflation by increasing rates

Staff writerFebruary 27, 2014 

Congratulations to the Tooth Fairy for leading the recovery while adding inflationary pressure to the economy.

According to the latestl Delta Dental “Original Tooth Fairy Poll,” the profits offered by missing teeth (for children only – does not apply to adults who might want to renegotiate with the Tooth Fairy) rose in 2013 by a higher margin that the S&P 500, Dow Jones Industrial Average or NASDAQ.

The going rate at the end of 2013 climbed from $2.42 in 2012 to a biting $3.50 in 2013.

That’s a 44.6 percent increase, Delta said.

The poll surveyed more than 1,000 parents nationwide and found, among other data:

• The Tooth Fairy was particularly generous with first-time tooth giving, leaving more money for the first tooth than for other teeth in 59 percent of homes. On average, the amount given for the first tooth was $4.51. This is a 29.2 percent increase from last year.

• The Tooth Fairy visited 86 percent of U.S. homes with children who lost a tooth.

• The Tooth Fairy left cash for kids in 98 percent of the homes she visited.

• The remaining 2 percent of children received toys, gum or other gifts.

• The most common amount left under the pillow by the Tooth Fairy was $1. Forty-two percent of children received this amount.

• Twenty-eight percent of recipients netted $5 or more for each lost tooth.

• America is not the only country where lost baby teeth mean cash. In Japan, a tooth goes for 247.16 yen; in Ireland, 1.76 euros; in Canada, $2.69; in the United Kingdom, 1.45 pounds.

 

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