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. Insights

    U.S. Pet Care Spending Has Grown 60% Since 2006 (WOOF, IDXX)

    News of Mars Inc.'s deal to buy pet hospital chain VCA Inc. has spurred interest in the pet care industry and for good reason.
  2. Investing

    General Mills Buys Blue Buffalo Pet Prods. for $8B

    The packaged foods industry giant sees pet food sales reaching $20 billion in 2017.
  3. 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.
  4. Investing

    7 Absolute No-Nos When Selling a Home

    Avoid these mistakes if you’re looking to make a quick and easy home sale.
  5. Small Business

    7 Products Under $5 That Made Millions

    Some of the most successful inventions were created by accident. Many of these products were never meant to see public distribution, but ended up becoming extremely popular.
  6. Trading

    5 Billionaires With Multimillion-Dollar Pet Projects

    Money makes many things possible, and these billionaires are putting that theory to the test.
  7. Retirement

    What Americans Need To Know About Living Abroad

    From Social Security to medical assistance to taxes, here's what you need to know about living overseas.
  8. Insights

    The Spending Habits Of Americans

    Here is an economic portrait of the average American consumer, based on recent spending habits.
Trading Center