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Some Pet Parents Claim That Raising Pets Cost As Much As Raising Kids

by Lex Gabrielle
4 years ago
in People & Society
Reading Time: 4 mins read
A A
Unsplash | Justin Veenema

Unsplash | Justin Veenema

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For many people, there is no relationship quite like the one that pet owners have with their pets.

Many pet owners treat their dogs and cats as if they were their own children, and, sometimes they are owner’s children. Having a dog or cat is a huge responsibility, like parenting, because you are responsible for their lives and their overall wellbeing.

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Having a pet is an expensive task.

Image credit: Unsplash | Alvan Nee
Unsplash | Alvan Nee

Whether it’s a cat or a dog, having a pet can be very expensive.

Sure, the love you have between you is always unconditional and amazing, but the cost that is associated with it is definitely higher than many pet owners anticipate when they first adopt or buy their pets.

Now, a new survey is revealing that people think raising a pet costs just as much, if not more, than raising kids.

Image credit: Unsplash | Krista Mangulsone
Unsplash | Krista Mangulsone

The new survey was conducted by OnePoll in partnership with MetLife and as reported by People Magazine .

The survey asked 2,000 pet owners what they think about the cost of raising pets vs. raising kids.

As it turns out, 40% of those surveyed think that raising a pet is a high, high price.

Image credit: Unsplash | Manja Vitolic
Unsplash | Manja Vitolic

The survey looked into the spending habits of pet owners and parents and the information gained is rather shocking.

According to the data, the average pet owner spends more than $4,500 on their pet every year—and that’s just basic needs.

When you think about it, pets are expensive.

Image credit: Unsplash | Chewy
Unsplash | Chewy

When you decide to get a pet, it’ll cost you money. Whether you adopt, or you shop, both come with fees to get your dog or your cat.

Then, you have to pay for the vet appointments for vaccines and boosters. On top of this, many owners spay or neuter their pets, too.

The everyday basics also add up.

Image credit: Unsplash | James Barker
Unsplash | James Barker

Depending on how big your pet is, food can be costly. It sometimes costs as much as feeding ourselves for an entire month.

Then, we all want our dogs and cats to be happy, so getting them things such as toys and other items is vital to us.

For young pets, we also sometimes get them training and obedience classes.

Image credit: Unsplash | Patrick Kool
Unsplash | Patrick Kool

Training and classes can be very expensive.

And, while we don’t send our pets to college the same way we send our kids, some pet owners send their pets to daycare if they are working full-time out of the house.

According to the survey, 52% of pet owners also say they spend more on their pets than themselves.

Image credit: Unsplash | Paul Hanaoka
Unsplash | Paul Hanaoka

From their basic, everyday needs such as food, somewhere to sleep (a dog/cat bed), treats, and toys—these things add up.

On top of this, pets need shots regularly and also check-up appointments, which add up as well.

Pet costs are also in many owner’s budgets.

Image credit: Unsplash | Victor Grabarczyk
Unsplash | Victor Grabarczyk

The data also reported that three in five pet parents specifically allocated around $200 from each paycheck just for their pet’s needs. And, the highest cost turns out to be preventative treatments like flea, tick, and heartworm medications.

And, if something tragic happens, it can be costly.

Image credit: Unsplash | Kate Stone Matheson
Unsplash | Kate Stone Matheson

When a pet gets sick, the vet bills add up before you know it. Some owners opt to get pet insurance, which can be helpful in terms of vet fees, however, the insurance is also a monthly fee to pay out of your check.

So, while pets may not talk back like our kids, they certainly cost a whole lot.

Image credit: Unsplash | Vincent van Zalinge
Unsplash | Vincent van Zalinge

While our kids may need more things like shoes and clothing, the cost of having a pet can add up—and run parallel to how much we spend on our kids. From food to vet bills to toys—the industries both rip us off beyond repair.

But, for the price of unconditional love, it’s totally worth it!

Image credit: Unsplash | Cynthia Smith
Unsplash | Cynthia Smith

While the price may be high, there is nothing quite like coming home from a long, stressful day and having your pet nuzzle up with you on the couch and love you. That’s something that money cannot buy! Worth it!

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