Typically, most adoption centers include microchipping, spaying, and neutering in the adoption fee however, if this isn’t the case, then microchipping your cat is likely to cost around $50 3, while the price of spaying and neutering often varies state to state, it would be smart to save around $300 – $500 for the procedures 4. Often, you’ll find that adopting a cat from a shelter is not only cheaper than buying privately but also, the feeling you get by giving a cat a second chance at a happy life is something that money can’t buy.Īdoption fees tend to vary depending on the age of the cat in question, with kittens being more expensive and costing around $100 – $200, while older cats may only cost $25 – $100 2. The first step to adopting a cat is, well, to adopt one. After all, you not only love and care for your canine BFF, you’re also responsible for him every day of his life.□ On average, the total upfront cost of rescuing a cat and giving it a safe and happy home is around $625. Be prepared to forego a few treats for yourself, and sock some money away to cover any eventualities that come along with owning a dog. This age group also spends more on their dogs, with purchases of pet care items, toys, treats, and vet visits.įrom that expensive toy you couldn’t resist to dog park licenses, a dog-sitter, limited-ingredient diets and all of the ordinary expenses, the cost of dog ownership adds up. One-third of millennials, which is the largest group of home buyers, buy a new home to have more space or a better yard for their dog. Millennials even tie the purchase of a home to their pets. In fact, 57 percent of millennial households own a pet and the generation is 77 percent more likely than other generations to get a pet before they marry or have children. Then there’s licensing, collars, leashes, crates, training, supplements, dog walkers, and emergency vet fees, which Forbes took into account when coming up with its heart-stopping numbers. In fact, as of 2016, dog owners were spending between $35-$250 per year just on toys and treats. Toys and treats: For some dogs, an old tennis ball and a sock are the best toys in the world. Grooming your dog at home can run as low as a one-time $25 brush purchase to as much as $1,400 per year for frequent professional grooming.įood: Whether you feed supermarket dry food or a raw food diet, costs can run from about $120 per year to as much as $900 per year. A Maltese, on the other hand, may require expensive, professional grooming. A Basenji, for example, almost keeps himself clean and requires very little in the way of grooming. Grooming: This depends a great deal on the breed. This doesn’t include emergencies or medications your vet may prescribe. Health: Routine vet visits, once or twice a year, including wellness checkups, vaccines, lab tests, and dental care could cost between $700-$1,500 a year, depending on your dog and where you live. Including all possible expenses, they estimate the lifetime cost of a dog to be anywhere from $17,650 a year to a staggering $93,520, depending on size, breed, and services required. “Forbes” put the costs of dog ownership at quite a bit higher. Large dog: $14,480 (average life expectancy of 10 years).Medium dog: $15,782 (average life expectancy of 13 years).Small dog: $15,051 (average life expectancy of 15 years). According to an article in “Money,” the lifetime costs are as follows: Most sources calculate the cost of dog ownership by the size of the dog. In short, owning a dog is a big investment. But if you fail to map out the extent of the expenses you’ll incur, an unforeseen expense may have you choosing between caring for your dog and keeping the lights on. Of course, the companionship and bond between dog and human is priceless. A study conducted in the United Kingdom found that virtually all pet owners (98 percent) drastically underestimated the lifetime cost of owning a pet. It may not be as much as college tuition, but it’s not pocket change either. It’s important to take into account how much of your budget will go toward caring for your dog over its lifetime. But, what many of us don’t consider, when we’re oohing-and-ahhhing over that adorable new puppy, is the actual cost of dog ownership. We all expect to save and set aside money for big expenses, like a new car or the down payment on a house.
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