Dog enthusiasts are well aware of the benefits of dogs, including the companionship, cuddling, and overall cuteness. But one of the biggest drawbacks of owning a dog can be the high cost of doing so. Before you run out and buy a new best friend, it’s crucial to comprehend the financial obligations of pet ownership.
It won’t be enough to just provide food and the occasional squeaky toy. The expenses associated with dog ownership can really add up, from grooming to training to veterinary care.
So that you can plan your budget and start saving for your new family member, read our guide on what to expect when owning a dog before you make the commitment.
How much does a dog cost to purchase?
Finding your ideal dog is the first step. Consider your living situation, the area, and how much time you can devote to caring for your dog realistically if you’re unsure of what breed is best for you. Some dogs, especially smaller breeds like pugs or chihuahuas, can be content to spend the majority of the day indoors. The daily walks for other breeds, such as huskies or dalmatians, will need to be longer. After choosing the ideal breed for you, you must decide where to purchase it. Your primary choices are:
a safe place
a pet shop
A breeder will typically be the most expensive choice. The price of a puppy can range from €500 to €5000 depending on the breed. Remember that a purebred dog will always cost more than a mixed-breed one; for example, a Siberian Samoyed, which is a very uncommon purebreed, can go as high as €11,500.
You can save a creature in need and spend substantially less money—around €300—by adopting from a shelter. Adoption can have certain disadvantages, though. Rescue dogs occasionally exhibit behavioral problems, which may necessitate more expensive dog training costs. Or, as a result of his prior care, your dog can develop some unanticipated health issues.
Depending on where you reside, you might be able to pick up your dog from a pet shop, however many nations forbid these shops from selling dogs. These regulations were implemented to deter illegitimate breeding and other forms of abuse that were occurring there. If you choose the pet store route, be cautious to study the vendor before making a purchase.
No matter where you choose to purchase your pet, you’ll need to supply them with a few things. Take into account these one-time startup costs you will inevitably have to pay:
Immunizations: €24–€95 Microchip: €40–€50 Materials (e.g., bowl, crate, leashes, toys, tags, etc.)
Initial dog food and treat supplies: €30–€40
Neutering/spaying costs range from €50 to €390 for male puppies and €100 to €560 for female puppies.
All things considered, depending on where you live and the veterinarian you select, you should budget anywhere between €220-€800 for the first few weeks of dog ownership. The good news is that the overall monthly expenses will decrease once these one-time fees are paid for. According to estimates, a new dog’s first year may cost twice as much as future years’ usual annual expenses. Knowing that will help you make more precise future plans and budgets.
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To quickly arrange your money and set aside funds for your goals, use N26 Spaces sub-accounts.
Find subsidiary accounts
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yearly costs for your dog
After the initial costs, owning a pet comes with additional ongoing expenses. Prepare to include those in your budget for the remainder of your dog’s life.
How much does owning a dog cost annually? When we divide the recurring monthly expenses by twelve, it is simple to calculate the annual costs of dog ownership. You will typically require the following:
Depending on the breed, dog insurance costs between €15 and €50 per month.
Food and treats range from €40 to €80 depending on your dog’s size, the brand of food, etc.
$11 to 20 per hour for training, especially in the first year
Commonly free with insurance or €50–€60 each visit for routine veterinary treatment
$10–$12 for toys and materials
$10–$15 for dental chews and tooth care
Poop bags: $3–$10
The bottom line is that the breed, size, and age of the dog will all affect the monthly cost of ownership. Vet expenses for various breeds might differ greatly. You should prepare for those additional charges if you decide to go with a breed known for having serious health issues, like British bulldogs. Having a plan and insuring your dog should help you pay for any unforeseen expenses that may arise.
Added costs associated with owning dogs
Various unforeseen costs, such as those for grooming, travel, and dog walking, can appear occasionally. It’s simple to forget about them, but you should include them in your annual budget if you want to keep your furry buddy secure, content, and well-cared for.
grooming: €13 to €60 each session.
Starting at €8 per day, dog sitting
From €10 per night for pet boarding
A genuine EU pet passport will set you back €70.
Unexpected costs—some pet health expenses, like those for allergies, injuries, ear, and dental care, may not be covered by regular checkups. The easiest way to prepare for these unforeseen expenses is to set aside a separate emergency fund.
Three ways to reduce dog expenses
As you’ve undoubtedly learned by this point, getting a dog requires a significant financial and emotional commitment. You can still seek for methods to save a little money along the road, though.
With these three money-saving advice for dog owners, you may maintain your financial situation without compromising the wellbeing or pleasure of your canine companion.
1. Bride at home
You might try bathing and nail-clipping your dog at home rather than taking her to the groomer. Try to choose hairstyles that are simpler to manage and don’t require regular visits if that isn’t a possibility.
2. DIY toys
Super-deluxe, heavy-duty toys are fantastic, but you cannot purchase them on a monthly basis. You may make your own copies of your dog’s favorite toys with a little imagination. For example, to provide your interested dog with some sensory enjoyment, pack an old sock with a crumpled water bottle.
3. homemade canine snacks
A wonderful money-saving idea for dog owners is to make their own dog treats. Numerous easy dog treat recipes may be found online to get you started. Additionally, you won’t ever have to question what goes into these dog snacks.
You’ll be well prepared for the experience of owning a dog if you have these money-saving suggestions and general budgeting guidance at your disposal.