How Much Does It Cost To Have Pets?

By Steffy Alen

When foreigners think of Australia, they always think about the exotic and dangerous animals that can kill them in their sleep. Aside from the saltwater crocodile, the other land-based or marine animals that strike fear into the heart of tourists and residents alike include the box jellyfish, blue-ringed octopus, Taipan snake, Australian black widow, great white shark, and the Sydney funnel-web spider. Even locals know not to mess with the kangaroo.

For all its beauty, there’s a danger that lurks underneath. However, Australians have managed to live with these dangerous creatures because they’ve learned to respect them. It’s because Aussies love their pets, as shown by how much they are spending on pet supplies in Australia.

According to the report, Australia’s pet industry is valued at over $12 billion. It goes to show that Australians have no problems spending money on their furry family members. The Animal Medicines Australia said that nearly 6 million households in Australia have at least one pet.

Go to a local pet shop and you will almost always see that it’s filed to the brim with loyal patrons, as well as curious children and their parents.

If you have always wanted pets but are wary of the expenses, hopefully we can give you a better idea of the cost of ownership…

1. Pet food: Aside from the basic nourishment to help your pets grow healthy and smart, you also need to spend some money on treats. They are essential in training your dog, but also make them feel appreciated. Typically, you will spend between $800 and $1,000 per year to feed your pet.

2. Pet supplies: This refers to toys, kennels, leashes, collars, food bowls, grooming equipment, bath products, and beds. The costs will depend on if you give your pet the whole luxury treatment. To save money, consider only the essentials when you choose pet supplies in Australia.

3. Veterinarian: Your beloved pet may come to hate the vet, but you need to schedule routine checkups to make sure that your furry friend is healthy. The costs do not even calculate the medical costs in case of illness or injury. For the first year, you are looking at about $1,000 but it will go down as the years go by, and then go back up again as your pet enters the twilight years. Treating them for ticks, worms, and other parasites, for example, would set you back between $300 and $500 per year.

4. Pet insurance: Insurance for pets is not mandatory in Australia but it is worth considering because it will give you ample protection in case of emergencies. With insurance, people do not worry about their pets getting the best care. The best part is that it would not cost you much, as coverage will range between $30 and $100 per month.

In Australia, pets outnumber people with a ratio of 101:100. More than 6 in 10 people have at least one or two pets, which is higher than continental Europe and the UK. There are about five million dogs and four million cats in Australia, along with 4.2 million birds who are being cared for by their human companions. While it can be expensive to own a pet, the love and appreciation you get in return is priceless.

Author Bio: Steffy Alen is a copywriter and content strategist. She helps businesses stop playing around with content marketing and start seeing the tangible ROI. She loves writing as much as she loves the cake.

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