Bringing home a new pet can be a truly rewarding experience, but one that comes with a lot of financial responsibility. According to the latest data from Rover.com, the average one-time startup cost of adopting a dog is $1,487 — and that’s just the beginning.
You can look forward to maintenance expenses for food and care accessories, emergency health services and routine checkups, obedience training, grooming and even budgeting for pet rent. In total, you may spend an average of $3,370 per year to raise a happy, healthy dog.
Keep in mind that these figures are for a standard pet; if you’re planning on bringing in an exotic animal, like a tropical bird or other unusual pet, your experience might be more costly.
If you’ve fallen in love with a particular pet but don’t have cash on hand, pet financing can be an option. Depending on your eligibility, our personal loan tool can help connect you to lenders that may be a good fit for your pet financing needs.