How Much Does it Cost to Own a Pet in Canada?

Image french bulldog with Canadian flag on back.

COMPARING COSTS

Love may be priceless, but taking care of a pet is a responsibility with ongoing financial commitments. That is why the cost of owning a pet in Canada is a vital factor to consider before welcoming a new furry family member into your home.

The price of owning a pet is particularly high in its first year of life. To be more specific, a puppy and kitten can cost you about $2,600 and $1,900, respectively, revealed a www.RateSupermarket.ca study.

Year one: must haves for cats and dogs

YEAR ONE: VETERINARY EXPENSES

Keep the following costs in mind.

  • Microchipping (one-time)
  • Spaying or neutering (one-time)
  • First-year vaccinations (followed by annual ones)

ONGOING EXPENSES

  • Food
  • Grooming
  • Litter for cats
  • Annual check-ups
  • Annual renewal of pet licence (where required)
  • Pet insurance (can cost between $20 to $60 a month)

PET INSURANCE

Without pet insurance, injury, illness or accidents can put you back thousands of dollars

  • Annual cost for a puppy : +/- $590.00
  • Annual cost for a kitten : +/- $357.00

TOTAL COST OF OWNING A PET IN CANADA

how much does it cost to own a pet in Canada infographic

In year one, owning a dog will cost you about $700 more than owning a cat.

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