Average weekly pocket money in the United Kingdom (UK) 2000-2020

Whether it’s teaching the importance of good money management, learning about savings, or a way of rewarding a child for good behavior, pocket money is a big issue for parents and children alike in the United Kingdom. In 2020, the average child in the UK received 7.55 British pounds a week in pocket money, down slightly from the previous year.

Kids in the capital get more

In Greater London, the average child received approximately 8.2 British pounds per week, over 425 GBP per year. Children in the South East and East of England faired off the worst, with an average of two pounds a week less than London in 2018.

Top chores to earn extra

As children grow and age, the importance of hard work becomes an important life lesson for a lot of parents. There is a clear correlation between a child’s age and the amount they receive in pocket money. If kids are smart, they will choose their chores wisely. As of 2020, mowing the lawn saw the average child earn almost three British pounds.

Pocket money weekly average in the United Kingdom (UK) between 2000 and 2020

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Source

Release date

June 2020

Region

United Kingdom

Survey time period

2000 to 2020*

Number of respondents

554 respondents

Age group

8-15 years

Special properties

554 GB Parents of children aged 8-15

Method of interview

Online survey

Supplementary notes

Halifax is part of the Lloyds Banking Group.
* Latest survey was conducted between the 21st of May 2020 and 1st of June, 2020. Figures prior to 2019 were collected from previous surveys.

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Statistics on "Pocket money in the United Kingdom (UK)"

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