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. Insurance

    Here's How To Care For Your Pet (Financially) After You're Dead

    Find out how to protect and provide for your pet after you pass away.
  2. Personal Finance

    Costs To Own The Most Popular Pets

    In the U.S., 62% of households have pets. These are some of the most common pets in the U.S. and the average costs associated with raising them.
  3. Personal Finance

    Conclusion

    In the U.S., 62% of households have pets. These are some of the most common pets in the U.S. and the average costs associated with raising them.
  4. Insurance

    Is Pet Insurance Worth The Price?

    Should you insure your pet? Here's how pet insurance works and how to decide if it's worth buying this coverage.
  5. Personal Finance

    Pet Clothing and Accessories

    Fads are always coming and going, but some have shown unexpected staying power.
  6. Insurance

    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?
  7. Investing

    Pets

    Did you know that depending on the breed, your pet may be excluded from your homeowner's policy?
  8. Home & Auto

    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.
  9. Personal Finance

    Pet Rock

    These ridiculous inexpensive items made millions for the inventors behind them.
  10. Personal Finance

    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.

You May Also Like

Hot Definitions
  1. Goodwill

    An account that can be found in the assets portion of a company's balance sheet. Goodwill can often arise when one company ...
  2. Return On Invested Capital - ROIC

    A calculation used to assess a company's efficiency at allocating the capital under its control to profitable investments. ...
  3. Law Of Demand

    A microeconomic law that states that, all other factors being equal, as the price of a good or service increases, consumer ...
  4. Cost Of Debt

    The effective rate that a company pays on its current debt. This can be measured in either before- or after-tax returns; ...
  5. Yield Curve

    A line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity ...
  6. Stop-Limit Order

    An order placed with a broker that combines the features of stop order with those of a limit order. A stop-limit order will ...
Trading Center