How to Calculate the Cost of Getting a Dog

Dogs are great companions. They love unconditionally and become our best friend. The astute master, however, needs to consider the cost of such a treasured friendship when dog ownership is considered. Dogs cost well beyond their original purchase price. Small dogs live up to 15 to 16 years, large dogs 8 to 10 years, and medium dogs somewhere in between. Break the cost of ownership into three categories: initial, routine and unexpected.

Difficulty: Moderately Easy

Instructions

1. Calculate the initial cost. This includes purchasing the dog and all beginning items, such as leash, collar, toys, water bowl, bed, doghouse and cage or kennel. Talk to animal/shelter groups and get their adoption price. Often their price includes the first shots, micro chip and spaying or neutering, which reduces the initial cost significantly.

2. Include in routine care the cost of the annual physical exam, the required shots, flea, tick and heartworm treatments, food, license and grooming. For example, estimate food cost per month based on your dog's initial weight and projected weight in comparison to the recommended feeding requirements of a dog that size.

3. Expect the unexpected costs, as they will surface from time to time. A torn pad from a wild run; Fido isn't acting like himself; all of which demand an unexpected visit to the vet.

4. Check with local vets and determine routine and unexpected care costs. Ask your vet to estimate a typical unexpected visit, not an emergency one requiring surgery.

5. Create a yearly budget based on your research. Remember that routine care and good training deter unexpected costs.

6. Enjoy your new furry friend, knowing that the cost is in order, and that there is no one more appreciative than he is in having found a good home.

Tips & Warnings

• Pet insurance usually covers routine costs, but not, unexpected costs. Clarify with the insurance carrier what they cover before purchasing.