No matter who you ask, any dog owner will tell you that their furry friend is an extremely important part of their life. However, it is no secret that owning a dog is a major responsibility. Additionally, it can be very costly for you and your family, and we’re not just talking about the initial investment. Bedding, accessories, pet bills and medication can add up to a lot, from common expenses throughout the dog’s life to the initial payments you must pay for the dog. We know how stressful it can be! Luckily, isure has you covered with everything you need to know when it comes to the cost of owning a dog.
How Much Does It Cost To Own A Dog?
When it comes to owning a dog, your expenses fall into three categories. Upfront purchases, purchases made throughout the dog’s lifespan and surprise costs. This is an easy way of figuring out how expenses will work throughout your time as a dog owner. Below, we have listed a few examples of each category. Keep in mind, this can differ depending on the dog breed you have and the age you brought them into your family. For example, Tibetan Mastiffs, Samoyeds and French Bulldogs are currently some of the most expensive dogs you can purchase. Pet insurance is exactly what it sounds like: health insurance for your pet! It covers (reimburses) a portion of the costs of treating unexpected injuries and illnesses, so you don’t have to worry as much about expensive vet bills. It usually works best if you sign your pet up right away when you get them, before they grow older or develop age-related health issues.
Protect Your Furry Friends With Proper Coverage!
Get a Quote with Petsecure.
1. Upfront Expenses
When you first get a dog, there are a bunch of one-time expenses. These can be pretty daunting since they are typically on the pricier side. Luckily, when these purchases are done, they are one and done. In total, new dog parents in Canada can expect to spend anywhere between $1,395 to $4,270, depending on where the dog is from and the type of breed. Some more fees you should be aware of are below:
- Adoption fees: $200-$700
- Spay or neuter surgery: $300-$700
- Microchip: $30-$100
- Initial vet exam and vaccines: $80-$350 (sometimes annually)
Remember, though a microchip may not be mandatory, it is extremely important to remember that initial vet exams and vaccinations for your dog are crucial when it comes to having it lead a healthy life. Once you have everything sorted, it is also important to look into buying your first batch of equipment for your dog’s new home. Some of these items include a leash, collar, bowls, crate, dog bed, toys and some treats!
2. Annual Essential Purchases
Once you finally have your new pup settled into your home, it is time to think about the essentials it will need throughout its lifetime. Remember, owning a dog is a lot more than the upfront costs. Food, visits and other pet essentials can add up over time. In Canada, the average dog owner will spend about $460-$3,140 a year on pet essentials! In some cases, people who choose to go on premium, raw, or fresh food diets for their dog can expect to pay more. As a result, it’s crucial, for both yourself and your pet, that you determine whether a pet can fit into your daily expenses. Some examples of what you’ll be spending your money on are as follows:
- Food: $360-$1,200
- Flea and tick prevention: $65-$270
- Poop bags: $35-$480
- Treats: $35-$480
- Toys: $30-$750
- Annual checkup: $80-$150
It is important to keep in mind that many of these will differentiate depending on your dog. For example, your dog’s breed, age and appetite may mean spending more or less than the average person each year.
3. Surprise Costs
Although these surprise costs may not be needed for every pet owner, it is important to be prepared in case something happens. These scenarios are generally unexpected, but can be crucial when it comes to your pet’s health and well-being. When owning a dog, it’s important to always have some money set aside in case the unfortunate happens. Roughly, these can range from $2,050 to $5,600, depending on your dog and the specific situation. Some examples of surprise costs include:
- Emergency vet bills: $215-$1,615
- Wellness vet bills: $305-$665
- Dental cleaning: $540-$755
- Grooming: $50-$200
It is also important to note that there are many optional expenses you may choose to purchase when owning a dog. These include pet insurance, hiring a dog walker, or paying for training/behaviour sessions.
Owning A Dog: Pet Insurance
When it comes to owning a dog, or any pet, you’re going to want the best for it. This is why it is important to plan for any unexpected pet illnesses or accidents. This is where pet insurance comes into play! Pet insurance is exactly what it sounds like: health insurance for your pet.
Unfortunately, OHIP isn’t available for pets, and trips to the vet can be costly. Pet insurance can help cover the cost of any unexpected illnesses or injuries. This way, you don’t have to worry as much when it comes to expensive vet bills. In Ontario, the average price of pet insurance can cost anywhere between $300 and $540 a year. Like other things on this list, the exact price will depend on your dog’s breed, age and overall health. It is always recommended to get pet insurance as soon as you adopt your dog. This way, you can get them insured before they grow older and develop any elderly health issues.
Savings Tips When Owning A Dog
Remember, as a dog owner, there are many different ways to save when it comes to caring for your furry friend. Many of these are beneficial to the well-being of your dog as well. Dogs are an expensive investment, so you should never risk the well-being of your dog to save a few dollars. For example, it is important to keep in mind that most vet offices are closed on the weekend. With this in mind, it is a good idea to avoid trying new foods or new games before then, to avoid them getting hurt or sick while waiting rooms are closed. Another good way to save money is by training your dog with kibble as a small reward. It is a lot cheaper than purchasing costly treats! You can also adjust your dog’s meals to make up for any extra kibble they may have had throughout the day.
We hope this helps you decide on whether pet ownership is right for you. Happy dog parenting!
Unfortunately, OHIP doesn’t cover medical care for your pet, so Read more
Dog owners see their animals as part of the family. Read more
Whether you're vacationing by air or on land, we've got Read more
