This is another guest post by Kathryn. She is evaluating the potential cost of dog ownership. Great timing as we’re also considering getting a dog in the future.
This is a spin off on Newborn Baby Expenses as pet ownership can also be pricey!
Brian and I both grew up with dogs but because of our transient lifestyle we haven’t considered a pet until recently. Lately our lives have settled into a pleasant routine. We have a house. I work from home. The kids are getting older. We’re wondering if this might be a good time to bring a dog into the family. We’re in the process of researching just how much this little pooch is going to cost us over his or her lifetime.
How much will a dog cost for the first year and beyond?
- Dog. To get a dog from the local humane society is $350 if they can find one that is good with kids. There is a long waiting list for these. Another dog we’ve been considering from a local reputable hobby breeder ~ $400.
- Spay / Neutering ~ $350 for a female
- Dog crate for medium sized dog ~ $60
- Food dishes ~ $20
- Chew toys & leash ~ $30
- Portable Rug Cleaner (Bissel Green Machine) ~ $90
- Dog training books ~ $0 Thanks to the local library!
- Dog obedience school ~ $250
- Food ~ $250 / yr $400/yr (thanks to the readers)
- Vaccinations and vet bills ~ $200 / yr on average
- City dog licensing ~ $30 / yr
- Boarding ~ $0 (We made an arrangement with someone else. We’d watch their dog when they go on holidays and they would watch ours.)
- Grooming ~ $20 / yr for a brush and shampoo. We’re only considering dogs that don’t need haircuts.
First year cost = $1650
Yearly costs = $650
For those of you who are dog owners, are these accurate figures? Have I missed anything?
How have you found ways to be a frugal pet owner without sacrificing the health or safety of your animal?
Which system do you use in your household?
Kathryn is a regular contributor on Million Dollar Journey and has a passion for personal finance. She volunteers her time as a money coach meeting with ordinary Canadians, teaching them the basics of budgeting, no fee banking, saving for the future and other basics of personal finance.If you would like to read more articles like this, you can sign up for my free weekly money tips newsletter below (we will never spam you).