9 Ways America’s Pet Obsession Is Costing Families Big Money

Pets feel like family in most homes, but caring for them has gotten pricey. Food, supplies, and vet bills all cost more than they used to. What was once a minor expense now requires careful planning to fit the budget. For many households, the rising costs are starting to rival other major bills.

Pet Food and Treats Costs Are Soaring

Pet owners report spending far more on food and treats than last year. Inflation, specialty ingredients, and supply chain issues have pushed prices higher. Some dogs and cats now cost thousands more over their lifetimes just because of what they eat. PetFoodIndustry shows that over half of U.S. pet owners spend between $500 and $1,999 per year on pet care, with food taking the biggest share of those costs.

Veterinary Care Fees Jumping

Vet bills for checkups, emergency treatment, and specialized care have all increased. Many families report surprise costs for diagnostics and treatment that weren’t anticipated. The rise is driven by inflation in medicine, tech advances, and veterinary staff shortages. The AVMA notes that veterinary care and product sales are now among the largest pet industry expense categories.

Pet Grooming and Supplies Go Luxury

Grooming services that once cost modestly are now priced like luxury services in some areas. Supplies like brushes, beds, toys, and specialty gear carry high markups, especially for premium or branded lines. Daily upkeep is creeping into budgets significantly.

Pet Insurance Premiums Climb

Pet insurance was supposed to protect owners from big medical bills, but premiums are increasing. Insurers are raising rates to account for higher vet costs and more advanced treatments. Some policies now come with limitations and exclusions that reduce value.

Tariff-Related Inflation Affects Pet Supplies

Tariffs on imported pet goods, such as collars, leashes, and toys, are driving up costs. Owners familiar with global supply chains warn that these added fees are passed directly to consumers. Rising material costs for packaging and shipping are also part of the issue.

Lifetime Care Costs Mount Up

Pet parents often underplay how much care accumulates over a pet’s entire life. Between food, healthcare, grooming, and unforeseen emergencies, the total cost adds up. GlobalPETS / Rover’s True Cost of Pet Parenthood Report reports that a 10-year-old dog now averages $34,550 in lifetime care while a 16-year-old cat averages $32,170 in 2025.

Housing and Pet-Friendly Surcharges

Renting with pets often comes with pet deposits, higher rent, or restrictions. Some landlords limit breed or size and charge extra for damage or cleaning. These added housing costs create a barrier for many pet owners.

Travel, Boarding, and Emergency Costs

Planning vacations or trips becomes more expensive when boarding or pet sitters are involved. Emergency boarding or last-minute care often costs much more. Pet owners say hidden fees for drop-off, overnight stays, or specialized care strain budgets.

Owners Skipping Other Expenses to Afford Pets

Some pet owners say they cut back on their own spending—groceries, leisure, or healthcare—in order to cover rising pet costs. The emotional bond makes pets a higher priority even when costs increase significantly. Families are making tough trade-offs to keep pets in their lives.

Worth the Cost (But Plan for it)

America’s pet obsession carries a rising financial burden. But many owners feel the costs are worth it for the companionship and joy pets bring. Building a pet budget, looking for deals, and preparing emergency funds help manage the expense over time.

17 Essential Products You Could Live Without (And Save Big)

We’ve all been there—buying something because it’s labeled as “essential” rather than truly asking if it’s necessary. It’s easy to get caught up in grabbing things that promise ease or luxury, only to realize later they’re collecting dust. The truth? Many of these so-called essentials aren’t so essential, and skipping them can fatten your wallet faster than you think. Here’s a rundown of common items you could do without and what you can use instead. 17 Essential Products You Could Live Without (And Save Big)