As Canadians continue to grapple with rising living costs and inflation, a new report from Rover sheds light on the true cost of pet ownership. According to the 2025 Cost of Pet Parenthood Report, many pet owners are seeking ways to cut expenses and prioritize supporting local.
Rover's annual report breaks down the cost of caring for dogs and cats, revealing that these beloved companions come with a hefty price tag.
Rising Costs for Dogs and Cats
According to the data, dog parents can expect as much as an 18% increase in costs this year, while cat parents will see an even steeper rise of up to 41%. On average, yearly spending for dogs ranges from $965 to $4,020, while cat parents can expect to spend between $930 and $2,400 annually. These costs primarily cover food, treats, medical care, and supplies.
“Pet parenthood is a rewarding journey, but it’s important to understand the financial commitment it entails,” says Dr. Rebecca Greenstein, Rover’s Toronto-based Veterinary Expert. “From food and regular check-ups to emergency care or aging-related needs, planning ahead can make a significant difference in ensuring pets receive the care they deserve, while easing the financial strain on their families.”
The Lifetime Cost of Pet Ownership
When you factor in the lifetime costs of owning a pet, the numbers can be staggering. Over the course of their lives, cat owners could spend up to $73,585, while dog owners might spend as much as $53,935. These lifetime expenses reflect everything from food and vet visits to emergency treatments and aging-related care.
With food and treats being the biggest monthly expense for both dogs (74%) and cats (81%), these costs alone make up a significant portion of annual expenditures. However, unexpected vet visits and emergency care can quickly escalate these numbers, especially as pets age and require more specialized care.
Regional Differences in Pet Care Costs
While the national trend is concerning, regional disparities also affect pet parenthood costs. According to the report, Alberta and Ontario are among the most expensive provinces for pet parents, while Quebec and British Columbia offer more affordable options. This variance highlights the significant financial burden placed on pet parents in different regions, with some areas facing higher veterinary and adoption fees than others.
Canadians Turn to Locally Sourced Pet Goods
As tariffs continue to affect prices across various sectors, many pet parents are choosing to “buy Canadian.” More than half (55%) of pet parents now prioritize Canadian brands or locally sourced pet products, even at a higher cost. This sentiment is particularly strong among dog parents (57%) compared to cat parents (52%).
Nearly half (47%) of pet parents now opt for Canadian-made pet food, underscoring a shift towards supporting local businesses, even when it means paying more for pet-related goods. As rising costs continue to challenge budgets, Canadians are increasingly looking to support homegrown pet care solutions.
The Growing Financial Impact of Pet Care on Canadian Households
Pet care costs are no longer just a minor expense for many Canadian households. Over half (58%) of pet parents report noticing consistently higher prices for pet-related products and services. In fact, nearly two-thirds (63%) say these rising costs have forced them to adjust their lifestyle and make budgeting changes. For many, this means cutting back on other areas, such as groceries or entertainment, to make room for their pets' needs.
The Role of Financial Planning in Managing Pet Parenthood Costs
While many Canadians are feeling the pinch of rising pet care costs, financial planning can help make pet ownership more manageable. Over a third (37%) of pet parents save for surprise costs like vet visits, while 36% use budgeting and tracking tools to stay ahead of their pet-related expenses.
However, a significant portion of pet parents do not budget for these expenses. 15% of new pet parents, particularly 25% of cat owners, do not plan for the upfront costs of bringing a new pet into their lives. This lack of preparation could lead to financial stress and unexpected expenses down the line.
Pet Parenthood Remains a Beloved but Expensive Commitment
Despite the rising costs, pet parenthood continues to be an important part of life for most Canadians, with 96% of pet parents considering their pets as part of the family. However, the financial strain of rising pet care costs is undeniable, and pet parents must plan carefully to manage these expenses. However, Canadians are adjusting their spending habits, supporting local businesses, and seeking financial solutions to make pet ownership sustainable.
To read the full True Cost of Pet Parenthood Report, click here.
Methodology
Results are based on a Rover survey of 1,000 Canadian pet parents conducted in February 2025, via Pollfish. The study accounted for the cost of pet care services, supplies, and veterinary expenses, adjusted for regional cost of living differences.
