Insuranceopedia analyzed online sources and conducted independent research from large pet stores to compare the average costs for food, bedding, toys etc. for each animal segment and calculated an estimated annual cost for each.
The cost graphic in the article is revealing, including:
- Parrots are the most expensive pets to own, largely due to their long lifespan
- Annually, dogs are the most expensive pets to own
- Cats cost about 50 percent compared to dogs
Source: Insuranceopedia, August 12, 2024. Link.