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.
  1. No results found.
Related Articles
  1. Retirement

    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. 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.
  3. Retirement

    What Happens to Snoopy When Charlie Brown Dies?

    If you own a pet or two, you can make plans to ensure their well-being after you are no longer around to care for them.
  4. Investing

    Pet Stocks To Invest In

    Even during a downturn people can't help but spoil their pets.
  5. Insurance

    What You Need To Know About Pet Wellness Plans

    Here's a breakdown of wellness plans and pet insurance, and some tips for keeping your pet healthy.
  6. 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.
  7. Insurance

    5 Types Of Insurance You Can (And Should) Afford

    With insurance and warranties being offered on seemingly everything, it's hard to know what policies are worth your money. Learn about five affordable insurance policies that are worth considering.
  8. Insurance

    Unique Insurance Policies You Should Consider

    You may have basic insurance plans for your car and your home, but check out these unusual – but still practical options.
  9. Managing Wealth

    The Top 4 Richest Pets

    A cat received $13 million dollars when her owner died, but she isn't the richest pet in the world.
Hot Definitions
  1. Preferred Stock

    A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock. Preferred shares ...
  2. Net Profit Margin

    Net Margin is the ratio of net profits to revenues for a company or business segment - typically expressed as a percentage ...
  3. Gross Margin

    A company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage. ...
  4. Current Ratio

    The current ratio is a liquidity ratio measuring a company's ability to pay short-term and long-term obligations, also known ...
  5. SEC Form 13F

    A filing with the Securities and Exchange Commission (SEC), also known as the Information Required of Institutional Investment ...
  6. Quantitative Easing

    An unconventional monetary policy in which a central bank purchases private sector financial assets in order to lower interest ...
Trading Center