
Rising Concerns Over Pet Ownership Costs Amid Tariff Threats
Seattle, WA – March 20, 2025 – A Rover report shows a growing money worry among US pet owners. Pet owners now face rising inflation and looming tariffs. They fear higher costs for their furry friends.
The Rover True Cost of Pet Parenthood Report for 2025 found that 52% of pet owners worry that tariffs will raise pet care costs. The survey, with 1,000 pet parents, shows 28% already worry about affording key pet items.
Rebecca Greenstein, DVM, on Rover’s pet panel and owner of Kleinburg Veterinary Hospital, sees a double challenge. “People worry about rising pet costs but stay committed to their pets,” she said. “Pets often live over a decade. With good budgeting and steady preventive care, pet responsibilities feel more manageable.”
Financial Implications of Pet Care
The report explains many pet care expenses. For example, a 10-year-old dog costs about $34,550 over its life. A 16-year-old cat may cost around $32,170. As pets live longer, owners face higher bills. Inflation and tariffs may boost treat and chew expenses by 85%. Veterinary fees may jump by 11%, while cleaning supplies might rise by 183%.
Almost half (48%) of pet owners worry about rising lifetime pet care costs. Also, 31% see pet product prices rising faster than those for household or personal care items.
Budget Adjustments Among Pet Owners
Rover’s report shows changes in pet spending. Sixty-nine percent say pet food and treats use up most of their pet budget. Twenty-five percent now choose cheaper pet food or pet care plans. Still, 68% look for quality products that match their own standards.
Thirty-four percent say pet spending is one of the last things they would cut when budgets tighten. To handle rising costs, 33% cut expenses in areas like groceries or fun outings.
Comparisons with Canadian Pet Owners
Canadian pet owners face similar money pressures. In Canada, a cat may cost up to $73,585 in its lifetime. A dog might cost around $53,935. Annual spending for cats ranges from $930 to $2,400. For dogs, it ranges from $965 to $4,020. The survey shows that 55% of Canadian pet owners choose Canadian brands or local products even if they cost more. This choice shows a strong local preference amid tariff fears.
As inflation and tariff threats persist, pet owners must make tough budget choices. The pet care market feels the strain, and pet ownership costs are a growing worry for US and Canadian families.
For more insights and detailed findings, visit Rover’s True Cost of Pet Parenthood Report 2025. Stay informed about the latest trends in the pet food processing industry by subscribing to our newsletters.
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