Owning a dog is never cheap. An average American household spends $1,000–$5,225 yearly to sustain a single dog. Though no amount of money can match the love and happiness a dog provides, you should still consider your financial capabilities before owning one.
The cost of providing a fulfilling life for your dog varies based on factors such as size, breed, personality, and lifestyle. While some breeds may incur higher expenses, we will outline some common costs associated with dog ownership.
Why Some Dogs are More Expensive?
Several factors will come into play, such as the availability of the breed, size, food, coat type and more.
- You will spend more money with larger breeds since they consume more food, water, vitamins and medicines.
- Breeds with longer and thicker coats will require more grooming sessions and will likely consume more hygiene products.
- Rare breeds are more expensive.
- Popular dogs with high demand are more expensive.
- Athletic breeds will require more stimulation than the toy type.
The First Year
The first year is the most expensive because this is the time when you buy a new puppy if the breed you desire is not in a shelter. If you adopt from a shelter or an animal rescue organization, you’ll still pay adoption fees.
You will spend money on new puppies' vaccinations to strengthen their immune systems. Typically, a puppy receives its first vaccination between six and eight months and must continue to receive booster shots after three to four weeks until it is around 16 weeks old.
Ticks and fleas prevention is also important. There are spray, collars, and consumables to keep those pesky bugs away.
Spaying or neutering is another cost for new puppies. You should have your pup fixed to prevent unwanted pregnancies, erratic behaviour and other problems during mating season.
The first year is also the most exciting time. You might become more impulsive about buying general supplies such as food and water bowls, outfits, name tags, first aid kits, leashes, and more.
Foods, Toys and Treats
Dog food and treats are expensive, especially the premium ones. According to Capital One Shopping, the world pet food market is worth an estimated $94.5 billion in 2024, and Americans alone will spend $64.4 billion on pet food and treats in 2023.
In America, a household spends an average of $447 annually on dog food alone, and the estimated amount for toys and treats is $217.
Other Annual Costs
Annual veterinary check-ups are important to detect and prevent diseases early on. A yearly booster shot is also recommended. You’ll likely spend about $500 for them.
Aside from food and vet care, here are other annual costs:
- Travel
- Professional Grooming
- Pet sitting, walking, boarding
- Ongoing Training
- Dog events
The AKC estimated that the enumerated annual cost is around $2,500 yearly.
Extra Costs
Here are some other costs:
- Beds, blankets, and heating mats
- Clothing
- Crates or Cages
- Government fees or pet licenses
- Insurance
- Poop bags or holders
- Grooming materials
- Cleaning supplies
- Dog sitting
- Miscellaneous
The Rising Prices
Inflation is another factor that needs to be considered for raising a puppy. You should be prepared for the rising prices of commodities, which also include dog food. In fact, dog parents report that some known brands raised their prices by up to 80% last year.
Though the figures and numbers we mentioned above are based on answers from real dog owners, they are not always applicable to you. You may check the prices of your favourite part and contact your service providers to check the prices and estimated costs.
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