Four-legged, winged, and finned family members bring great joy and comfort to households, but they can also take a big bite out of your budget. A 2023 GOBankingRates survey of 1,021 U.S. adults revealed that of those who have pets, more than one-third (35%) said they spent between $601 and $1,200 a year on pet care. Another 8% said yearly pet care costs more than $2,000.
The bills can go a lot higher than that, too. A USA Today Blueprint survey of 1,000 Americans with dogs found that 12% of respondents spend more than $500 a month on their pets, while some claimed to spend a staggering $5,000 or more a month.
If you spend that much, congratulations — you’re probably rich. For most Americans, however, monthly pet expenses are probably closer to $100 between food, medicine, veterinary care, grooming, toys, beds, and other supplies. Going much above that could mean sacrificing in other areas.
Here are five ways to lower your pet care costs if you are spending more than $1,200 a year.
🩺 Take a Proactive Approach
As with human health, pet health involves more than just seeing a doctor whenever some issue comes up. Being proactive about your pet’s health can reduce the risk of expensive vet bills down the road. Proper diet and exercise are important, as are annual wellness visits that can help vets anticipate and identify potential health concerns early on.
🏥 Cut Veterinary Costs
Vet prices vary widely, and you can save money by shopping around and seeing what different vets charge for various services. Another way to save money is to take your pet to a veterinary school — Vet schools typically charge less than clinics and animal hospitals. Students perform the procedures, but a licensed professional oversees them.
🐾 Get Help From a Charity
If you can’t afford your pet’s medical bills, you might be able to get help from a national or local charity. A blog from the Best Friends Animal Society lists resources for pet owners who need help with vet bills. National programs include The Pet Fund and Red Rover. For assistance on pet food and other costs, contact your local office of the Humane Society of America.
✂️ Shop Around for Grooming Services
Basic dog grooming can cost anywhere from $30 to $90, according to The Academy of Pet Careers. Some breeds might cost more than others or require more frequent grooming. Your location and the groomer’s qualifications can also impact the cost. As with vet care, you can save money by comparing different grooming services and finding those that best fit your budget.
🐕🦺 Pet Insurance
Pet insurance can help you save money when you file successful claims on expensive vet bills. Just make sure to compare insurance companies, choose the right coverage, and seek discounts to lower your insurance costs.
