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Rising Costs of Pet Ownership: 52% of Owners Fear Tariffs Will Make Caring for Pets Unaffordable

Rising Costs of Pet Ownership: 52% of Owners Fear Tariffs Will Make Caring for Pets Unaffordable

Report Reveals Concerns Over Pet Ownership Affordability Due to Tariffs

SEATTLE — March 20, 2025 — A new report shows that many U.S. pet owners worry about rising pet care costs. Pet owners worry because tariffs may send prices up further. Inflation also makes it hard for many families to care for their pets.

Rover’s “True Cost of Pet Parenthood Report 2025” found that 28% of pet owners feel anxious over paying for basic pet needs. They worry even more if tariffs hit imports. The report gathered views from 1,000 pet parents in the United States and looked at start-up and ongoing pet care costs.

Dr. Rebecca Greenstein, a Rover pet panelist and owner of Kleinburg Veterinary Hospital, said, “Every day, I see pet parents face two truths. They worry about rising pet care costs, but they also show deep loyalty to their pets.” She urged owners to plan their finances well, set clear budgets, and save regularly for pet care costs.

Impact of Rising Costs on Pet Owners

The report shows that pet care can cost a lot over time. For example, a dog that lives for 10 years may cost about $34,550. A cat that lives 16 years may cost around $32,170. As pets live longer, their owners must plan for more expenses. Tariffs and inflation make things harder. Pet parents may see an 85% price rise on treats and chews, 11% on veterinary services, and even 183% on cleaning supplies.

Nearly half (48%) of pet owners worry about these rising costs. About 31% say pet product prices grow faster than those of groceries and other household items.

Budgeting Decisions Among Pet Owners

The research shows that 69% of pet owners spend the most on food and treats. As prices rise, 25% have switched to cheaper pet foods or services. Still, 68% stick with products that meet high quality standards, and 20% even choose better-quality items.

In tough times, 34% of pet owners say they will trim spending last when it comes to their pets. To meet pet needs, 33% also lower spending on groceries or entertainment.

Canadian Pet Owners Face Similar Challenges

Rover’s report also looked at Canadian pet owners. In Canada, pet care is even more expensive than in the U.S. A Canadian cat may cost up to $73,585 over its lifetime. A Canadian dog may cost over $53,935. Yearly, Canadian owners spend from $930 to $4,020 on dogs and from $965 to $2,400 on cats.

With tariff threats, 55% of Canadian pet owners now choose Canadian-made pet products, even if they cost more. Among these, 57% of dog owners prefer local products, while 52% of cat owners do the same.

Conclusion

Inflation and uncertain tariffs have put pressure on pet owners in the U.S. and Canada. They try hard to care for their pets despite higher costs. Understanding these cost trends is key, as caring for pets remains a cherished duty even when expenses rise.

For more insights, access the full "True Cost of Pet Parenthood Report 2025" by Rover. Stay informed on the latest news in the pet food processing industry by visiting our news page.

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