Study Identifies the Right Allowance for Kids wealthofgeeks.com

Is allowance-flation happening in 2025? A new study has found the average kid is raking in up to $52 per month in allowance – $36 more than their parents did at the same age, adjusting for inflation.

The poll of 2,000 U.S. parents of school-aged children revealed three in four parents give their kids a monthly allowance, stating their children should start learning about financial responsibilities as early as age 10, on average.