The Costs of Owning a Cat or Dog in 2021

The Costs of Owning a Cat or Dog in 2021

Owning a cat or dog has never been cheap. Nowadays, you can expect to pay quite a lot to satisfy your pet’s needs. 

Statistically, the costs of owning a dog are usually between $1,500 and $1,900 annually. So, if you’re looking to adopt a pet, we’ll help you understand the expenses.

First of all, when adopting a cat or dog, you have to pay a fee that goes between $30 and $700. The fee depends on the shelter and the pet.

If you’re buying your pet, you should know that they can be costly — some breeds of dogs and cats may cost over $10,000. Just make sure to choose the right breeder, since it’s crucial to know what you’re paying for. 

Moreover, you should avoid buying from pet stores, as some pet stores work with puppy mills, and they might sell you a malnourished, tortured, and sick pet. Of course, there are exceptions to this rule, but it’s better to be safe than sorry. 

When you adopt or buy a dog, these are some additional expenses you may expect in the first year:

  • Neutering or spaying $200–$800
  • Litter box or puppy pads $25–$100
  • Leash and collar $10–$50
  • Carrier bag $40–$100
  • Training classes $100–$400
  • Vaccination and vet checkup $50–$300
  • Bed $50–$200

You should be prepared to spend more initially, as the first year of owning your dog might be twice as expensive as all the others. 

Moreover, dogs are initially more expensive than cats since they need training. And generally, neutering, leashes, and vaccinations are cheaper for cat owners.

Besides one-time expenses, these are some things you will have to pay for annually. 

  • Food $200–$400
  • Treats $50–$100
  • Grooming $200–$500
  • Toys $50–$100
  • Pet licence $15
  • Medical costs $200–$500

These are the average expenses. Your pet might need less, but it also may need a lot more. If you are interested in saving money, we have some tips for you. 

  • Look for the best deals and coupons that can help you buy food cheaper.
  • Don’t pay for things you can do yourself.
  • Take care of your pet’s diet and health.
  • Search for reliable pet insurance that would cover your medical costs. Without insurance, the potential medical costs can be enormous.

Some people may consider this to be a lot of money to spend on a pet. However, the joy and love they will bring into your life have no price. 

So, if you’re prepared to spend this much money, and you love animals, you should definitely get a pet. 

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