Savings · Planning Estimate

Allowance Calculator

A common guideline is $1 per week for each year of your child's age — enter their age to see a suggested weekly and monthly allowance.

Suggested Allowance
Informational Planning Estimate

How This Is Calculated

Weekly allowance = $1 × child's age. Monthly allowance = weekly amount × 52 ÷ 12.

Source: Widely-cited $1-per-year-of-age allowance guideline · Updated 2026-07-07 · Full methodology

What to Know

Frequently Asked Questions

A widely-cited guideline for weekly allowance: pay your child $1 for each year of their age. A 6-year-old gets about $6/week, a 12-year-old about $12/week.

No single number is right for every family. This guideline is a common starting point — actual allowances vary widely based on what the allowance is expected to cover, family finances, and local cost of living.

That’s a personal family decision this calculator doesn’t address. Surveys show most parents who give an allowance do tie it to chores or responsibilities, but plenty of families use unconditional allowances tied purely to age.

Surveys have found national average allowances (across all ages, including teens with larger budgets) well above the $1-per-year guideline — actual amounts vary a lot by age and family.

No. The age you enter is processed entirely in your browser and is never sent to or stored on our servers.