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Even the tooth fairy is feeling the pain of high inflation.

The average amount of cash left under the pillow by the tooth fairy (spoiler alert: parents) dropped to $5.84 in 2023, 6% lower than the $6.23 the previous year — the first time decline since 2018, according to a survey conducted by insurer Delta Dental.

Even the loss of a first tooth, which usually elicits a more lucrative award, wasn’t as profitable as it once was, the survey found.

Last year, losing a first tooth resulted in an average gift of $7.09 — down from $7.29 in 2022, according to the survey, which polled 1,000 parents of children between the ages of 6 and 12.

Kids living in the western part of the United States scored the biggest bonanza.

The average value of a lost tooth in the West was $8.54 — a 37% increase compared to 2022, when the value was $6.23.

In the Northeastern US, the average value rose 12% from $6.14 to $6.87.

The tooth fairy was more miserly in the South and Midwest.

In the Midwest, the worth of a lost tooth fell 36%, dropping from $5.63 to $3.63. In the South, the value dropped to $5.51 per tooth from its 2022 mark of $6.59 — a 16% decrease.

The poll noted that the tooth fairy’s gift has traditionally tracked with the S&P 500, but that trend has been bucked the last two years.

In 2022, the tooth fairy’s dropped off a record high of $6.23 — up 16% from the year before. Meanwhile, the S&P 500 underwhelmed that same year — dropping 18% in value.

Last year, the tooth fairy was a bit more stingy, but the S&P 500 roared back with 24% gains — a sign of the resilience of an economy that has been hampered by high interest rates and soaring levels of inflation.

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Entertainment

Comedian Milton Jones reveals he’s cancer free

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Comedian Milton Jones reveals he's cancer free

Comedian Milton Jones has revealed he is cancer free after being treated for prostate cancer.

In April, the 61-year-old, who is known for his appearances on Mock The Week, announced he was cancelling a number of UK tour dates to undergo surgery.

Jones said in a statement: “A few months ago, I had to stop my tour HA!MILTON because I needed treatment for prostate cancer. I’m glad to say I’ve had that treatment and am now cancer-free!

“So, many thanks to all the doctors and nurses who helped me get better – I couldn’t do their job (I tried, but apparently you have to be qualified).”

Thanking his family, friends and fans, he went on to joke: “I have to admit there were a few dark moments when I wondered if anyone would ever see me again, but then I realised that I was leaning against the light switch.

“Thankfully, I’m now in a completely different place, and if you look at my website, you’ll see that very soon I’ll be in lots of other different places on tour too”.

Jones picks up his tour on 15 September in Stafford, touring until the end of November 2025.

The show, whose name is a play on the title of the hit musical Hamilton, promises laughter and unforgettable comedy moments, as well as jokes about giraffes and tomatoes.

The Richmond-born comedian has been hailed as the king of the one-liner, basing his jokes on clever wordplay and surreal humour.

He has performed on Live At The Apollo, Lee Mack’s All Star Cast, and Michael McIntyre’s Comedy Roadshow.

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Politics

Hong Kong issues strict new crypto custody rules for cold wallets

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Hong Kong issues strict new crypto custody rules for cold wallets

Hong Kong issues strict new crypto custody rules for cold wallets

Hong Kong has introduced strict crypto custody rules, banning smart contracts for cold wallets and tightening security standards for custodians.

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Politics

New York lawmaker wants to tax crypto sales and transfers

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New York lawmaker wants to tax crypto sales and transfers

New York lawmaker wants to tax crypto sales and transfers

New York Assemblymember Phil Steck introduced a bill that would see the state tax the sale and transfer of crypto assets.

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