How Much Does Your Pet Cost You Per Year?

A young girl and her puppyAre you considering adding another pet to your family or getting your first one? Do you know how much owning a pet costs per year? Below are estimates for common household pets.

Hermit Crabs | $45

Perhaps the least expensive pet you can own (other than a pet rock), supplies, food and toys for hermit crabs are cheaper than a fancy crab dinner.

Gerbils | $109

Supplies and food are the biggest costs for these little critters (about $82 per year). Toys are $16, while vet bills average just $11 annually.

Fish | $150

Sunk costs include an aquarium, filtration equipment, test kits, decorations and lighting (which can run $100 or more), but after that, average annual expenses dip to $150 per year.

Lizards | $190

Trust these little reptiles-geckos included-not to burn a hole in your wallet: food, medications and supplies can total less than $200 per year.

Birds | $400+

Despite their relatively small size, pet birds are not cheap. Expenses like cages, food, medications and vet bills add up quickly.

Cats | $900+

Annual medical costs of $400 or more are just the beginning. Kennel and boarding fees average $337 per year, followed by food ($203), grooming ($20), toys ($23) and other supplies ($92).

Dogs | $1,000+

Costs can vary widely based on the age, breed and health of your dog. Geography and climate can mean costly flea products. And size matters: to some degree, the bigger the dog, the higher your expenses will be.

Horses | $4,200+++

Whoa, Nelly! It’s not easy to rein in those equine expenses. Prepare to pay $1,811. Then expect to spend an average $2,392 annually on horse care, with $2,202 eaten up on food. Tack on up to $7,036 in boarding costs.

Ensure your pet is covered for the inevitable and the unforeseeable. Get a quote on pet insurance today!

How cute is your pet? We want to see! Share your photos on Twitter using the hashtag #geicocutepet.

By Allison Ellis

Leave a comment

Your email address will not be published. Required fields are marked *