Sunday, June 1, 2025

Pet Parenthood in Peril: 52% of Owners Fear Tariffs Will Spike Costs Amid Rising Inflation

Pet Parenthood in Peril: 52% of Owners Fear Tariffs Will Spike Costs Amid Rising Inflation

Pet Owners Concerned About Rising Costs Amid Tariff Threats

Seattle, WA - March 20, 2025 – A Rover report shows pet owners face high costs, and over half fear that new tariffs will push prices even higher. Inflation and tariff warnings drive up costs for pet food and care, and many families feel this financial strain.

Financial Strain on Pet Owners

Rover’s True Cost of Pet Parenthood Report 2025 finds that 52% of pet owners worry tariffs will add to their expenses, and a survey of 1,000 pet parents shows 28% already struggle with high pet product prices.
Dr. Rebecca Greenstein, DVM, who owns Kleinburg Veterinary Hospital and sits on Rover’s panel, notes that pet parents express daily concerns about rising costs while still giving their pets their full devotion. She urges them to budget carefully and plan ahead, since pet care can stretch over more than a decade.

Understanding the Costs

Pet ownership now comes with a heavy price tag. For example, the lifetime cost for a 10-year-old dog is estimated at $34,550, while a 16-year-old cat may cost around $32,170. Owners can expect to pay 85% more for treats and chews, 11% more for veterinary fees, and a striking 183% more for cleaning supplies. Nearly half of the pet owners (48%) have noticed these rising costs, with 31% saying that pet care prices are climbing faster than other household expenses.

Budgeting for Pet Products

The report also shows that 69% of pet owners devote a large part of their spending to pet food and treats, and 25% have switched to less expensive options to cut costs. Still, 68% continue to look for high-quality products similar to those they use for themselves, and many owners report that pet care remains one of the last areas where they can’t easily cut expenses; 34% mentioned they would rather trim spending on groceries or entertainment.

Insights from Canadian Pet Owners

The study extends to Canadian pet owners, who face even steeper lifetime costs. In Canada, dog ownership can cost as much as $53,935, and cat ownership up to $73,585, with annual dog expenses ranging between $965 and $4,020. More than half of Canadian pet owners (55%) are choosing local pet brands or Canadian-made products despite higher prices, in order to support domestic industries.

Conclusion

Inflation and tariff worries steadily drive pet care expenses higher, prompting many owners to revise their budgets to keep up with the rising costs of pet ownership. Careful planning and smart spending may ease the financial burden some pet parents face over their pets’ long lives.

For more insights and detailed information, readers can access Rover’s full True Cost of Pet Parenthood Report 2025 here.

Stay updated with the latest trends in the pet food industry by visiting our News page.

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