How much does having a pet cost?

According to Google’s statistics, people’s interest in getting a pet has increased by 92% during the pandemic. Therefore, the Picodi.com analysis team has decided to check roughly how much it would cost first-time pet owners to get a new furry friend.

Man’s best friend

In the beginning, a new dog owner has to deal with some one-off costs. We put them into two categories: a dog purchase and a starter kit.

You can either adopt a dog or buy a kennel club registered puppy. The most popular puppy breeds cost around $5,000. Other mandatory expenses include microchipping.

The expanded kit includes services that are not obligatory but have a positive impact on the health and safety of a dog. These are neutering and obedience training — $6,860.

Some things are essential for every dog, such as a collar, harness, leash, ID tag, bed, brush and two bowls: one for water and one for food. The cost of that starter kit amounts to around $1,050. Buying a special safety harness and belt for the car, designer clothes for rain protection, as well as a muzzle, LED collar, and the carrier cost an additional $3,030.

The recurring expenses to be expected when keeping a dog are divided into 6 categories:

• food,
• care & beauty,
• toys,
• veterinary care,
• licence,
• and additional services.

The cost of providing a proper diet range from $8,300 (for small dogs) and $12,400 (for bigger breeds). However, if a dog owner decides to buy premium food which means wet, grainless food without chicken, the cost of such a diet may increase to $14,000 for small dogs and as much as $60,900 for large dogs.

The care & beauty category includes cyclic deworming (at least two times a year), protection from ticks and fleas, shampoo for the dog’s coat and a year’s supply of poop bags — altogether $910. There are also groomer costs in the expanded kit, including grooming, trimming and wash with a blow-dry. Assuming that we use these services once every two months, you would spend an additional $6,400 a year.

Every dog needs toys: squeaky teddy bears, knot ropes and some basic balls. However, such toys are quite vulnerable to a dog’s teeth, and their yearly cost amounts to around $470. For those willing, there are also activity toys that are supposed to develop a dog’s intelligence ($300).

We can’t forget about the physical health of our pet. Annual vaccination against rabies and other infectious diseases, as well as a one vet check-up (assuming that the dog is healthy), cost around $520. If a dog has a problem with plaque, and the dental sticks available on the market don’t work, there may be a need for a dental cleaning (an additional $500).

The formalities include a dog licence: an individual dog licence valid for 3-years costs $80.

The last category is additional services such as pet sitter, dog hotels, and health insurance ($9,180). Although these are not obligatory, they make life easier when dog owners decide to go on vacation or the dog suddenly falls ill.

The price of a basic kit, which includes only necessary products and services for a dog, ranges from $10,280 in case of the small dogs to $14,380 in case of large ones. For the expanded kit, dog owners would have to pay up to three times more ($32,360 for small breeds and $79,260 for large dogs).

Let the cat out of the bag

The most popular cat breeds in Hong Kong cost around $2,000. Additional costs including neutering and microchipping increase the price of the starter kit by $250.

The price of a cat’s basic starter kit amounts to $1,310. It consists of: a litter box, scoop, scratching post, bed, brush, three bowls, nail trimmer and a carrier. The expanded kit (+ $1,530) also includes a leash and harness, clothes, a big scratching post with hideouts and an automatic feeder.

Regular expenses that a future cat owner has to be prepared for, are divided into 5 categories:

• food,
• toys,
• care & beauty,
• veterinary care,
• additional services.

Annual cat food would cost its owner around $7,200. In case of premium grainless food, this cost may increase up to $11,500.

The toys category which includes squeaky mice, feather wagglers and balls, cost around $220 in the basic kit, and $370 when expanded by the activity toy.

Care & beauty is one of the more expensive categories. Annual expenditure from the basic kit amounts to $3,920. This includes litter, carrier insert pads, shampoo, ticks and fleas collar and deworming products. Grooming and washing from a professional cost another $990 a year.

A preventive check-up at the vet costs $320. Vaccination and dental cleaning, non-obligatory but positively affecting the wellness of a cat, cost an additional $690.

The last category includes health insurance and pet hotels. Such expenses amount to $2,800.

To summarise, the annual cost of keeping a cat is around $11,660. If the cat owners decide to buy products and services from the expanded kit, they would have to pay $20,590.

Whether you are more of a dog person or a cat person, shopping with Picodi is a great way to save money on toys and other accessories for your four legged friends. With our cashback you can save money on shopping in stores such as Suchprice, Aliexpress and ParknShop.

Methodology

The increase of interest in having a pet was based on Google Ads data for search queries connected to the adoption and buying of a cat or a dog for 2019 and 2020. The cost of buying a dog and a cat was based on prices from online marketplaces. Prices of products and services come from online stores, veterinarians, and groomers. The whole list of products and services can be found in the following link.

Public Use

Would you like to share the information about the costs of having a pet in Hong Kong? Feel free to use the data and infographics from the report for both commercial and non-commercial purposes as long as you indicate the author of the research (Picodi.com) with a link to this subpage. If you have any questions, please contact us: research@picodi.com.