Majority of Pet Owners Fear Rising Costs Due to Tariffs and Inflation
SEATTLE — A new report shows that most pet owners in the United States fear rising expenses. Tariffs and inflation now raise the cost of pet care. Rover’s True Cost of Pet Parenthood Report 2025 explains the facts. It links higher goods costs directly to steeper pet expenses.
Financial Concerns Among Pet Owners
Prices for key pet items go up fast. Pet owners feel this shock and worry about their budgets. The report finds 28% of pet parents already fear paying for essentials. Tariffs may stretch these costs further. Dr. Rebecca Greenstein, a veterinarian and Rover panelist, says pet owners stay dedicated. She adds, “A pet’s lifetime care might seem high, but a healthy pet can live more than ten years. Their love is priceless.”
Cost Breakdown and Spending Trends
Rover’s survey of 1,000 pet owners shows clear spending patterns. For a 10-year-old dog, lifetime care nears $34,550. For a 16-year-old cat, costs reach about $32,170. Longer pet lives mean rising expense.
Pet owners now see cost jumps:
- Treats and Chews: up 85%
- Veterinary Fees: up 11%
- Pet Cleaning Supplies: up 183%
- Grooming Supplies: up 20%
Many (48%) worry that expenses will keep increasing. Also, 31% say pet prices rise faster than other costs.
Budget Management Strategies
The report shows how owners adjust their spending. A solid 69% say food and treats take up most of their pet care budget. To save money, 25% choose cheaper foods or services. Yet, 68% look for products that match the quality of their own supplies, and 20% even pick premium items.
Even with budget stress, 34% would not cut pet spending. To keep their pets happy, 33% trim costs in other areas like groceries or fun.
Insights from Canada
For Canadian pet owners, the forecast is even tougher. A cat’s lifetime cost may top $73,585 and a dog’s near $53,935. In one year, cats cost between $930 and $2,400, and dogs between $965 and $4,020, with most money going to food and treats. Rover thinks dog costs may jump by 18% and cat costs by 41%.
As tariffs press on prices, more than half (55%) of Canadian pet owners now choose local products—even when they cost more. This trend is strong, with 57% of dog owners preferring Canadian-made options over imports.
Looking Ahead
Inflation shows no sign of cooling off. Tariffs add extra strain. Pet owners now face rising expenses and must plan carefully. With their pets’ well-being at risk, owners take smart and brave steps to adapt.
For more details, pet owners can read Rover’s True Cost of Pet Parenthood Report 2025 and follow Pet Food Processing’s news section for the latest updates.
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