Lifetime Cost of Pet Ownership

Understanding the True Cost of Pet Care

For most pet owners, our furry companions are family—but many underestimate the financial commitment required to provide lifelong care. A recent study found that nearly half of pet owners misjudged the costs of veterinary care, and many who thought they were financially prepared for unexpected expenses later realized they were not.

At Petwise, we see this as an opportunity to educate and support pet parents in planning for their pet’s health and wellness. The more informed you are, the better you can prepare for a lifetime of care—ensuring your pet stays happy and healthy for years to come.

How Much Does Pet Care Really Cost?

According to research, the lifetime cost of pet ownership can be significant

Dogs: $20,000 – $55,000
Cats: $15,000 – $45,000

These estimates cover first-year expenses, food, insurance, routine care, and end-of-life costs. In fact, in the first year alone, pet parents typically spend:

$1,300 – $2,800 for dogs
$960 – $2,500 for cats

With pets living anywhere from 8 to 15+ years, these costs add up over time. In 2020 alone, Americans spent over $100 billion on pet care, highlighting the importance of financial preparation for pet owners.

Planning for a Lifetime of Wellness

At Petwise we are committed to helping you navigate the costs of pet care while ensuring your furry friend receives the best possible treatment. By understanding what to expect and exploring available resources, you can proactively manage your pet’s health without unexpected financial stress.

For more insights, you can view the full Lifetime of Care study here.

Ready to schedule your pet’s next checkup? Contact Petwise today to book an appointment and ensure your pet stays on the path to a long, healthy life!