Sunday, April 27, 2025

Rising Costs & Tariffs: 52% of Pet Owners Fear Pet Ownership Will Become Unaffordable

Rising Costs & Tariffs: 52% of Pet Owners Fear Pet Ownership Will Become Unaffordable

Rising Costs and Tariff Concerns: A Challenge for Pet Owners

SEATTLE — Inflation climbs and tariffs loom. Many U.S. families now face heavy pet costs. Rover’s report, "True Cost of Pet Parenthood Report 2025," finds that 52% of pet owners worry. They fear that rising tariffs on imports add more strain to pet care expenses.

Economic Pressures on Pet Owners

Prices for pet items rise. Twenty‐eight percent of owners worry about affording what their pets need. Inflation pushes prices higher and adds extra pet care costs. Veterinarian Rebecca Greenstein, a Rover panelist, explains that pet costs can stack up, yet pets give priceless comfort. “People fear high pet costs, but they stay true to their furry friends,” she said.

Costs Associated with Pet Ownership

The Rover study shows steep pet costs. A healthy dog living ten years may cost $34,550. A cat living up to 16 years may cost around $32,170. Better veterinary care helps pets live longer but also raises costs. Data from Rover shows that pet treats may jump by 85%, and vet fees can rise by 11%. Cleaning items might surge by 183% and grooming supplies by 20%. Nearly half (48%) of pet owners worry about such long-term expenses.

Pet Parenting Priorities and Adjustments

Rover’s data breaks down monthly spending. Sixty-nine percent of pet owners set aside much of their budget for food and treats. With prices rising, 25% switch to cheaper food options. Yet, 68% still choose quality items, and 20% are willing to pay more for better products. Despite rising costs, pet spending remains a top priority. About one-third of owners cut spending elsewhere, like groceries or entertainment, to manage pet expenses.

A Glimpse into Canadian Pet Ownership

Rover’s report also looks at Canada. Pet costs there are even steeper. Canadian owners may spend up to $73,585 for a cat and $53,935 for a dog over their lifetimes. Annual costs for cats may range from $930 to $2,400, and for dogs from $965 to $4,020, with food and treats taking most of the share. Owners may face an 18% rise in costs for dogs and a 41% increase for cats due to ongoing inflation and tariffs. In response, 55% of Canadian pet owners now choose locally made products, and 57% of dog owners prioritize Canadian-made items.

Conclusion

Inflation and looming tariffs make pet care more expensive for U.S. and Canadian families. Many pet owners adjust their budgets and cut costs in other areas to keep up with rising pet expenses while keeping their commitment to their beloved companions. For more details on pet costs and budgeting tips, review Rover’s full report, "True Cost of Pet Parenthood 2025."

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