Costs To Own The Most Popular Pets

AAA

It's estimated that 62% of U.S. households own a pet. That's 72.9 million homes with more than $50 billion spent on their pets in 2011. Of that $50 billion, $20.5 billion was spent on food, $12.6 billion on medicine and $13.6 billion on vet care. Other expenses include the purchase of the animal and services like grooming and boarding. Different types of pets vary in terms of their maintenance costs.
Related Articles
  1. Personal Finance

    The Economics Of Pet Ownership

    Before you bring a furry friend into your household, make sure you can handle the hefty financial commitment.
  2. Markets

    Pet Stocks To Invest In

    Even during a downturn people can't help but spoil their pets.
  3. Markets

    Pet Stocks

    Even during a downturn people can't help but spoil their pets.
  4. Personal Finance

    What Pet Insurance Actually Covers

    If you buy insurance for your pet, what will it cover – and what will you still have to pay for?
  5. Investing

    The Hidden Cost of Owning a Pet – Rent

    Sure, food, doggy daycare and the vet add up. But rent? Here are the top five priciest – and the five cheapest – cities for pet owners.
  6. Managing Wealth

    5 (Mostly) Costly Exotic Pets You Can Legally Own

    Exotic pets can be fascinating to look at, but most are expensive to acquire and maintain. And avoid being bitten, especially if you get a scorpion.
  7. Markets

    Comcast Makes All-Time High Ahead of Pets' Weekend (CMCSA, DIS)

    Comcast shares rose ahead of the opening-weekend results for "The Secret Life of Pets," release in theaters by its movie company Universal Pictures.
  8. Personal Finance

    Protect Your Kids And Pets With Custom Insurance

    Find out how to protect those you love the most with specialized policies.
  9. Personal Finance

    7 Absolute No-Nos When Selling a Home

    Avoid these mistakes if you’re looking to make a quick and easy home sale.
  10. Personal Finance

    6 Huge Insurance Claims

    Next time you think that insurance is a waste of your money, think about these expensive claims.
Hot Definitions
  1. Cyclical Stock

    An equity security whose price is affected by ups and downs in the overall economy. Cyclical stocks typically relate to companies ...
  2. Front Running

    The unethical practice of a broker trading an equity based on information from the analyst department before his or her clients ...
  3. After-Hours Trading - AHT

    Trading after regular trading hours on the major exchanges. The increasing popularity of electronic communication networks ...
  4. Omnibus Account

    An account between two futures merchants (brokers). It involves the transaction of individual accounts which are combined ...
  5. Weighted Average Life - WAL

    The average number of years for which each dollar of unpaid principal on a loan or mortgage remains outstanding. Once calculated, ...
  6. Real Rate Of Return

    The annual percentage return realized on an investment, which is adjusted for changes in prices due to inflation or other ...
Trading Center