Should I Get a Dog?

They're cute, they're fluffy, they're expensive!

Our furry friends feel less like pets and more like parts of our family. They are akin to children and most of us could hardly imagine life without our fluffy family member. However, if you are still in the consideration stage, there are a couple of financial implications you may not realize. Today, we will evaluate if you have enough money in the bank to properly take care of a puppy.

  • Purchase Price

    • Purchasing a dog is one of, but not the largest, cost of pet ownership. Purchasing a dog whether it is from a breeder or a pet store can range from $350 - $3,500. If you are an english bulldog lover, you may even see your prices go up to $10,000. If you opt for the adoption route, you can still expect prices to be around $250. Simply put, getting a pet is expensive.

      • TOTAL = $250 - $10,000

  • Healthcare Costs

    • Healthcare is the largest cost of a dog annually. An average visit to the vet can cost dog owners $50 - $400 with preventative medicine for roughly $2o per month. This does not include any surgeries or emergency treatments your pet may require.

      • TOTAL = $1,000 - $20,000+ annually

  • Food Costs

    • Dogs require one very obvious thing, food! As quality has increased for pet food, so has price. Today, some dogs are being fed better than their owners! Dog food can range from $20 - $45 and that may last a month. So, you can expect to spend roughly $400 a year on dog food.

      • TOTAL = $300 - $540 annually

  • Equipment Costs

    • Dogs also require leashes, bowls, play toys, beds, and bones. You may also need a fence, training gear, and other tools to protect your home from damage. These costs can be anywhere between $250 - $1,000 due to personal preference.

      • TOTAL = $250 - $1,000 annually

Final Costs:

The least expensive amount you can expect to spend in a given year, including purchase price, is a whopping $1,800. The most, especially if there are healthcare considerations, could be up to $25,000. Are you financially prepared for a furry friend? Or is it time to start saving up?

budgetingElizabeth Thompson