Children have seen a 12p rise in their average weekly pocket money.
According to a study by finance app GoHenry, children aged seven to 18 now receive £9.90 a week—up from £9.78 in 2025.
This 1.2 per cent increase lags behind the 2.8 per cent inflation rate recorded in April, suggesting that parents may be feeling the effects of ongoing financial pressures.
Louise Hill, founder of GoHenry, said: “This mid-year snapshot shows something really important.
“Despite the rising cost of living, kids are still setting money aside week after week, saving an average of £3.93 per week, and it’s become second nature for them.”
GoHenry’s data, compiled from more than 600,000 children aged between seven and 18, also revealed a gender gap in pocket money, with boys receiving 3p more per week than girls.
Children in the South East enjoy the highest average pocket money at £12.88 per week, while those in the East of England receive the least at £8.57.
Chore-related payments remain popular, with tidying bedrooms the most common at £1.14.
However, music practice is the most lucrative task, earning children an average of £1.84 each time.
The top savings goals for children include holidays, birthdays, and electronics.
GoHenry’s data also shows that grocery shops and supermarkets are the most popular spending locations, followed by restaurants, clothing shops, transport, and health and beauty stores.
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Ms Hill said: “It’s exciting to watch their world grow alongside their financial independence.
“We’re seeing kids make more independent choices about where they spend, from supermarkets to transport and health and beauty, reflecting their growing autonomy and confidence when it comes to managing their money.”
The analysis compared GoHenry user data from January 1 to April 15, 2025, with the same period in 2026.
How much pocket money do you think is the correct amount? Let us know your thoughts in the comments.