Cats costs versus pooch payments: the financial disparities

Cats costs versus pooch payments: the financial disparities


There’s no doubt that some folks are dog people while others favor cats. But if you’re open to either as a pet, the finances involved may provide a tipping point.

For example, in 2022, the initial investment — including the adoption or purchase fee and equipment — ranges from $1,000 to $4,500 dollars for a dog and around $700 to $3,000 for a cat. Routine annual expenses — including food and veterinary care — run from $500 to $3,500 for a dog and about half that for a cat. Grooming costs and pet insurance premiums are also higher for dogs. But the fact that cats generally live longer extends those costs and thus blunts the financial differences.

But whether you’re leaning toward a dog or a cat — don’t forget to start saving for emergencies, which can run into the thousands of dollars.

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