Pet-o-nomics: The Cost of Owning a Dog or Cat - NBC Chicago
Clear the Shelters

Clear the Shelters

Finding Forever Homes Across the Country on Aug. 19, 2017

Pet-o-nomics: The Cost of Owning a Dog or Cat

If you are considering bringing a furry friend into your home, you might want to ask yourself: Can I afford to be a pet owner?

    processing...

    NEWSLETTERS

    Pet-o-nomics: The Cost of Owning a Dog or Cat
    Franck Prevel/Getty Images

    Dogs are known to help reduce stress and teach family members lessons in responsibility — but dog ownership demands fiscal responsibility, too.

    The costs of bringing an animal into your home go far beyond any initial adoption fee, which will be waved or significantly reduced at hundreds of shelters around the country on Aug. 19 for Clear the Shelters.

    The first year includes hidden fees that the owner must take into account, including supplies like a crate, collar, and veterinary bills. The price may vary based on differing circumstances, but a pet owner can expect to spend anywhere from $1,144 for a cat to over $2,000 for a largest breeds of dogs, according to the American Society for the Prevention of Cruelty to Animals.

    After the first year, the ASPCA says pet owners can expect to shell out about $700 annually for smaller dogs to over $1,000 a year for big breeds.

    Below is a breakdown of the average first year and annual costs the average pet owner will incur:

    More than 53,000 pets were adopted through the 2016 Clear the Shelters campaign, a nationwide push to place deserving animals in forever homes. Join the conversation on social media using #ClearTheShelters.