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Upfront Costs: The Smallest Financial Burden of Owning a Dog

Upfront Costs: The Smallest Financial Burden of Owning a Dog

Many people underestimate the ongoing financial burden of responsible dog ownership when considering a puppy, and instead focus on the upfront price of the dog.

The cost of a well-bred dog will be the least amount of money you ever spend on it. In an AKC survey of more than 1,000 dog owners, one-time costs (crate, neutering, bowls, leash, purchase price) averaged $2,100, while ongoing costs averaged $2,500 per year for items such as food, routine veterinarian care, boarding, treats and training. With the average lifespan of a dog being about 13 years, using these averages, you can expect to spend nearly $35,000 on a dog over the course of its lifetime. Even cutting these estimates in half, you can still expect to invest close to $20,000 in your pet.

The difference in paying for a $50 dog or a $1,000 is, in the long term, a negligible difference. Your upfront costs will always be the least of your financial worries.

That said, you should look for the best puppy you can find. A puppy whose parents were genetically tested prior to breeding and that come with a written health guarantee might cost a ...