Rising Concerns Among Pet Owners Over Affordability Amid Tariffs and Inflation
Pet Food Processing, Seattle – A Rover report shows that many U.S. pet owners worry about cost. Pet parents fear that tariffs and rising inflation raise pet care expenses. Fifty-two percent worry that tariffs will push costs higher. Twenty-eight percent already worry about pet product prices.
Financial Challenges Facing Pet Owners
The True Cost of Pet Parenthood Report 2025 surveyed 1,000 pet parents nationwide. Many face hard choices as costs in the pet industry rise. Budgets tighten, and extra spending is hard to manage.
Dr. Rebecca Greenstein, DVM, who speaks for Rover’s pet panel and owns Kleinburg Veterinary Hospital, said, “People worry about high pet care costs. Even with these challenges, pet parents always show care for their animals.” She adds that setting aside a budget or savings plan can help. Regular vet checkups and vaccinations may lower future costs.
Cost Breakdown and Spending Trends
The report details pet costs over a pet’s lifetime. A 10-year-old dog costs about $34,550. A 16-year-old cat costs around $32,170. Tariffs and inflation may drive costs up further. Expected increases include 85% more on treats and chews, 11% on vet fees, and 183% on cleaning supplies.
Forty-eight percent of pet owners worry about rising care costs over time. Thirty-one percent feel that pet product prices rise faster than other home goods. Sixty-nine percent say pet food and treats are their biggest spending area. In response, 25% now buy cheaper pet food or care services. Yet, 68% stick to high quality, preferring products that match their own goods.
Prioritizing Pets Amid Economic Pressures
Despite economic strain, 34% list pet spending as the last area they would cut. To care for their pets, 33% reduce other expenses like groceries and entertainment.
Implications for Canadian Pet Owners
Rover also surveyed Canadian pet owners. In Canada, pet costs are even higher. Cat owners may spend up to $73,585 and dog owners up to $53,935 over a pet’s life. Yearly expenses range from $930 to $2,400 for cats and $965 to $4,020 for dogs. Rover predicts increases of 18% for dog owners and 41% for cat owners in 2025 over last year.
Because of tariffs, 55% of Canadian pet owners prefer local or Canadian-made pet products—even at a higher cost. Dog owners show an even stronger trend at 57%, as they support local businesses amid rising expenses.
Conclusion
Both American and Canadian pet parents face rising costs from inflation and tariffs. Yet their love for their pets stays strong. The Rover report calls for careful financial planning and flexibility. Pet parents must balance care and cost as prices rise. They may soon need to make hard choices about spending.
For more details, readers can view Rover’s True Cost of Pet Parenthood Report 2025.
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