Goodlings

Kids Allowance Calculator

Estimate a weekly allowance using the common $1-per-year-of-age guideline, adjusted for cost of living.

Allowance calculator

A starting point based on your child's age and where you live — adjust to fit your family's budget.

How it's given

Suggested weekly allowance

$4 – $8

≈ $26/month · $312/year (at $6/week)

$2.5

Save

$3

Spend

$0.5

Give

A guideline based on the common “$1 per year of age per week” rule, adjusted for cost of living — not survey data for your exact area or income. The right number is the one that fits your family's budget.

How to use this tool

Allowance is a teaching tool, not a rule. Use this range to start a conversation about saving, spending, and giving — then adjust as your child grows. Cost-of-living bands are broad self-selected tiers, not income data for your zip code.

Read our full guide: How to Teach Kids About Money (Without the Allowance Fight)

Turn routines into daily wins with Future growth.

Related reading

Frequently asked questions

Should allowance be tied to chores?
Many families keep everyday responsibilities separate from pay, and use allowance for budgeting practice. Choose what matches your values.