Pet Ownership Costs Expected to Rise

Lisa Selvaggio
by Lisa Selvaggio

Most people these days are finding that their cost of living is increasing, and a recent Rover report has found that pet ownership costs are also on the rise. They released their True Cost of Pet Parenthood Report for 2025, revealing what you can expect if you’re currently a pet parent or planning on welcoming a dog or cat into your family this year.

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Lifetime Costs of Being a Pet Parent


After gathering information and data from various sources, Rover calculated the average lifetime care for dogs and cats. For a 10-year-old dog, lifetime care would be roughly $34,550. On the other hand, the lifetime care for a 16-year-old cat would be roughly $32,170.


Of course, the cost of pet ownership will vary depending on various factors, such as an individual pet’s health, size, and breed. 


Pet Care Costs Will Climb This Year


Inflation has been a problem, but now there is the added threat of tariffs that can increase the costs associated with caring for a cat or dog. Products and services will likely become even more expensive.


For example, Rover found that pet parents could spend a whopping 183% more on pet cleaning supplies. If you need grooming supplies, you could end up spending 20% more on those. Treats and chews could cost 85% more. And veterinary fees could increase by 11%. That’s going to be hard on a lot of people’s wallets!


Adopting a Pet Isn’t As Expensive As Last Year


Though the cost of caring for a pet is expected to increase quite dramatically, the good news is if you want to bring a dog or cat home, you might find that it’s more affordable than before.


Rover discovered that, compared to 2024, you may spend less this year if you want to adopt a new pet, and this is probably because of reduced adoption rates. Many shelters have been overwhelmed with too many pets in need of homes, so they have lowered their fees in an effort to attract more prospective pet parents. This year, you might spend 16% less for cats and 19% less for dogs when adopting them from shelters and rescues.


People Are Concerned About the Rising Costs


Pet parents are definitely worried about the increasing costs. Having savings and a budget in place can help ease the stress of being able to afford the care, products, and services your furry friend will need this coming year and beyond.


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Lisa Selvaggio
Lisa Selvaggio

Lisa Selvaggio is a freelance writer and editor, and our resident cats-pert, with certifications in pet nutrition and pet first aid. She enjoys producing content that helps people understand animals better so they can give their pets a safe and happy home.

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