According to a Nickelodeon/ Yankelovich Youth Monitor survey, the average allowance for a 6-8 year old is $4.80 per week, a 9-11 year old is $7.00 per week, and a 12-17 year old is $16.60 a week.
Lynne’s comment: “The amount of allowance is less important that the reason why you are giving your kids the money in the first place. What are you expecting your child to learn by having this money? Knowing why you give an allowance will help you know what is the appropriate amount.”
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