The Real Cost Of Owning A Dog

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When it comes to owning a dog most people don’t think its costly as it really is, A survey was done and most dog owners think that owning a dog only costs any where between $1200 – $7000 for a lifespan of a average dog. 

This is amount is really far off.

Based on the average lifespan of 12 years, the lifetime cost of owning a dog ranges from $5,000 to $20,000. 

The One Time Expenses add up fast especially in the first year of dog ownership. 

  • Adoption fee/cost: $0 to $350 (can be higher depending on breed)
  • Food and water bowls: $10 to $50
  • Spaying or neutering: $200
  • Initial medical exam: $70
  • Collar, tags and leash: $16 to $50
  • Bed and crate: $25 to $250
  • Carrying crate: $60

Total one-time expenses: $381 to $1,030

. The Annual Expenses also add up because the life span 

Of a dog is usually about 12 years. So the costs can add up

  • Food: $120 to $550
  • Vaccines and routine care: $80 to $250
  • Heartworm and flea prevention: $76 to $367
  • Vitamins: $58
  • License: $15
  • Treats and chew toys: $50 to $300
  • Toys: $10 to $200

Total annual expenses: $409 to $1,740

Extras

In addition to the basics such as food and veterinary care, there are other routine and unexpected expenses that arise. You’ll also need to consider pet-related expenses that come along with life events, such as travel and moving. For instance, many apartments charge a pet deposit and you may need to pay additional cleaning fees.

  • Professional grooming: $84
  • Self-service grooming: $10
  • Training: $30 to $100 per hour
  • Boarding and travel fees: $322
  • Accessories: $0 to 50
  • Pet health insurance: $42 per month

While raising your dog is a significant investment, when it comes to keeping your dog healthy and happy, most pet owners feel it is all money well spent. After all, you get paid back with unconditional love and affection.

If you want to learn how to build passive income and create some financial freedom the check out my ebook the Wealthbuilderz Guide To Passive income. Thats you can spend more time with your loved ones especially your pets.

The Real Cost of Owning a Dog