Kids' Allowance
Suggest a weekly allowance based on the child's age.
About Kids' Allowance
A common rule of thumb is one dollar per week for every year of the child's age, so a ten-year-old gets about ten dollars weekly. Families adjust the rate with chores, household norms and what the allowance must cover. A predictable allowance gives children early practice at budgeting, saving and spending decisions inside a low-risk environment.
Formula
Kids' Allowance
Weekly allowance = child age x dollars per year of age
- rate per age
- Dollars of allowance for each year of the child's age
Worked example
With the default values below, Kids' Allowance returns Weekly Allowance of $10.00. Change any input above and every figure here is recalculated in your browser.
Inputs used
- Child ageaccepts 3–18
- 10
- Dollars per year of ageminimum 0
- 1
Results
- Weekly Allowance
- $10.00
- Monthly Allowance
- $43.45
- Annual Allowance
- $521.77
Step by step
- 1Values used
- 2Kids' Allowance
- 3Weekly Allowance= 10.00
- 4Monthly Allowance= 43.45
- 5Annual Allowance= 521.77
Assumptions and limits
- The result is derived only from the 2 inputs listed above. Anything not among them is not part of the calculation.
- In particular, this calculator does not take inflation, tax or fees or charges into account.
- Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.
Frequently Asked Questions
How is Kids' Allowance calculated?
Weekly allowance = child age x dollars per year of age A common rule of thumb is one dollar per week for every year of the child's age, so a ten-year-old gets about ten dollars weekly. Families adjust the rate with chores, household norms and what the allowance must cover.
Why does Kids' Allowance matter?
A predictable allowance gives children early practice at budgeting, saving and spending decisions inside a low-risk environment.
What values do I need to enter?
This calculator takes 2 inputs: Child age, Dollars per year of age. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.