Budgeting for a pet
The adoption fee is the smallest part of a pet's cost. Food, routine vet visits, flea and tick prevention, grooming, supplies and boarding when you travel add up to a steady yearly sum, and older pets often need more care. The example totals about $3,000 a year and roughly $37,000 over 12 years, including the up-front costs.
Unexpected vet bills for illness or injury can run into thousands of dollars, so many owners either buy pet insurance or keep a dedicated pet emergency fund. Running the numbers before adopting makes it easier to give an animal a stable home for its whole life.
Common questions
How much does a dog cost per year?
Often $1,500 to $4,000 or more, depending on size, health, insurance and how often you board.
Is pet insurance worth it?
It can be if a large vet bill would strain your budget. Compare premiums with saving the same amount in a pet fund.
This calculator gives estimates for planning. Real returns, rates and prices change, so treat the result as a guide rather than a promise. Read how we build and check our calculators.