The Costs of Having a Pet

Michelle —  October 4, 2013 — Leave a comment

Getting a new pet for your family can be expensive, and if you don’t fully plan adding this new family member, then you may be in for some surprises. Many pets can probably be had for cheaply, but if you’re thinking a dog, then make sure you fully think about this decision.

I currently have 2 dogs, one is a mutt (they say she might be a Pointer/Pit Bull mutt) and the other is a French Bulldog runt. The mutt is super healthy, but my French Bulldog – not even close. He is about 12 pounds and has already had numerous things wrong with him. And the vet has said that many more things will most like start happening as he gets older, so we do know that we need to start saving just in case something does happen.

We used to have a third dog. We sort of got her on a whim, but fell in love with her immediately. We didn’t really think about much her medication would cost and her had many medical problems. It cost around $100 per month for her medications. She ended up passing away 2 months later which was very sad.

1. Buying or “homing” the pet

There is of course the initial cost of obtaining the pet. I am 100% for pet adoption. There are so many animals out there (both puppies and adults) that need homes, and most pet shops support puppy mills. Adopting a pet may cost anywhere from free to something like $300. Usually this adoption costs includes all shots and possibly the pet being spayed or neutered.

2. Food

Food for your new pet can add up quickly also. I usually like to buy the higher quality bags of dog food. Saving a couple of bucks on dog food is most likely not worth it when it comes to your pet’s health. Dog food can range anywhere from $10 to $100 per month. We spend around $50 to $75 a month on dog food.

Food costs also depends on what type of animal and/or breed you have. Obviously my 12 pound dog eats no where near the amount of food as my 80 pound dog.

3. Medical

Medical for your pet can add up quickly. It will need all of its shots and you will want to keep them current on these shots. You might also want to get them spayed/neutered as well. The Humane Society near my house will spay/neuter your dog for around $40, whereas if you go to your local vet, it is usually around $200 to $300, but I have heard of higher cost of living places with it being around $800.

Also, if anything happens to your pet, will you be able to take them to the doctor? What if your dog gets a really bad rash, a tumor, breaks a leg, has a bad reaction to something or anything else? The cost can be as small as $75, and maybe up to a couple of thousand dollars.

4. Treats, Toys and a Bed

I really like to spoil my dogs, so I tend to spend a lot of treats and toys. Bones can be expensive, and my dog can eat a $20 4 foot long bone in a couple of hours. I don’t give her one of those often, but it does add up!

Beds can also be quite expensive as well. A crate (depending on the size) can be $100, and the bedding can be an extra $25 – $50 to go inside of it. I don’t keep my dogs in their crates ever, but it is said that dogs usually like a place with walls that makes them feel safe. My dogs willingly go in their crates and sleep in there (with the crate door open).

5. Groomers

Taking your pet to the groomers can also add up very quickly as well. My bigger dog cost around $50 each time, and my smaller dog i still expensive at $40. Usually I clean and wash them myself, but every now and then they do need to go.

Did you think about the costs before you added a pet to your family?

Michelle

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Michelle is the founder of Making Sense of Cents, a personal finance and lifestyle blog about budgeting, traveling, life, and student loans. Read further on her story and life, and you can also connect with her on twitter.

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