British kids owed over £180 million as Tooth Fairy dodges inflation rates for last 10 years, study reveals
New findings from a leading voucher code site suggests that children in the UK are owed a staggering £18 million this year alone from the Tooth Fairy, due to inflation. The study, which looked at the average amount given by the Tooth Fairy, highlights that inflation should increase the given “tooth rate” from the typically given £1.80 to £3. Following the findings, the company has created a free ‘print off’ Tooth Fairy invoice so children can request the money they are owed.
A leading voucher code site, Bountii, has revealed the amount of money children in the UK are owed over the past decade from theTooth Fairy. The research into the average amount of money kids are given, discovered that the Tooth Fairy is not keeping in line with inflation, with children of baby-teeth-losing age in the UK, out of pocket by approximately £18 million this year alone.
Annually, approximately 15 million baby teeth are lost by children across the UK, translating into millions of pounds exchanged from under pillows to piggy banks. Over the last ten years, however, the price of a baby tooth has only increased from a rate of £1.50 in 2013, to £1.80 in 2023. Although this is a 30p increase in payment for baby teeth, this figure has not changed enough to match the ever-increasing inflation rate in the UK.
According to an estimated inflation of 54.7% from 2013 to 2023, the children should be receiving around £3 per tooth, adjusting for the inflation rate over the past decade. However, with only a 10% increase in the past ten years, the Tooth Fairy is falling behind.
Although the figure hasn’t drastically increased per tooth or child, due to inflation, children in the UK will have missed out on an estimated £180 million in the last 10 years and will fall short of £18 million in 2024 alone.
Kids can request the money they are missing from the Tooth Fairy using a free under the pillow invoice here: https://bountii.coupons/blog/the-tooth-fairys-inflation-crisis/
Jason Higgs, Senior Deals Strategist at Bountii says:
“At Bountii we are all about saving people money – but we also want to make sure that people get the money they’re owed.Inflation rates have hit us all over the last decade, however I doubt we ever thought the Tooth Fairy was among those struggling.
“Although times are hard, inflation implies to all, including the Tooth Fairy. From our calculations, each child is missing out on money they are owed for every tooth they lose. If this trend continues, UK children could be losing millions more from under their pillows each year.”