Owning a Cat or Dog Now Costs at Least $20,000

We know, we know—your fur baby is family. But after hearing this, you might start checking if they’ve been secretly ordering treats off Amazon…

A new study just revealed how much it actually costs to own a pet in 2025, and spoiler alert: it’s way more than you think.

When people were asked how much they thought it costs to own a cat for 15 years, the average guess was $5,735. For a dog? $8,158.

Cute. Also wildly wrong.

🧾 The real cost of cat ownership:👉 $20,000 to $47,000 over their lifetime🐶 The real cost of dog ownership:👉 $22,000 to almost $61,000

And that’s not for some celebrity dog with a TikTok following. We’re talking average vet visits, food, toys, grooming, and—yup—even those random “because I love you” sweaters.

That breaks down to at least $1,300 a year for cats and $1,500 a year for dogs. Even rabbits are running up a tab of over $1,000 annually now. And get this—the cost of owning a dog has jumped 12% in the past three years, and 19% for cats.

Still, 75% of pet owners say their pet is either their child, best friend, or straight-up family.

Honestly, same. Just don’t tell our bank accounts.

Dex & Barbie T

Dex & Barbie T

Dex & Barbie T get you started every weekday morning with lots of energy and laughs. As two vastly different personalities, Dex & Barbie T bring a fresh perspective to discussions on relationships, work, family, and trending topics with a focus on issues that matter to the Jacksonville community. Wake up, listen, and enjoy every weekday morning!

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