You can’t put a price on the pleasure of owning a pet. That said, you could be committing to spending thousands on unexpected vet bills arise if you haven’t taken out pet insurance. To find out how much our beloved pets are really costing us we compared costs of looking after common pets to find which would set you back the most per month and over the pet’s lifetime.
Dogs, by far, are the most expensive, costing £178 a month on average to look after. Cats and rabbits cost the same per month at £94, but the rabbit’s shorter lifespan makes it a cheaper pet in total.
Combining these figures with the total population of each pet gets us the total amount of money being spent on pets in the UK: a shocking £2.4 billion each month.
Spent on cats, dogs and rabbits each month in the UK.
How does this vary by breed?
The cost of keeping a dog can vary a lot between breeds, and is most affected by the dog’s size. If you love dogs, but love frugality too, you might want to consider getting a smaller dog, as this could save you up to £65 a month.
Lifetime costs were divided by each pet’s average lifespan to get the average costs per month. This was then multiplied by the population of each species, as reported by the pet food manufacturer’s association, to find the total amount spent on these pets each month in the UK.
Click here for more research. For all media enquiries, please contact:
Matt Mckenna UK Communications Manager M: +44 747 921 7816 T: +44 20 8191 8806
Esther Wolffowitz is a publisher at finder.com. She is a specialist in insurance and wants to help UK consumers make better decisions. Esther holds an MSc in Media and Communication Governance from the London School of Economics and Political Science (LSE). In her spare time, she enjoys discovering new restaurants and food markets in London.
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