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 newsletter service below (we will not spam you).