Pet Insurance Is Cheaper than Dog Food

A recent study carried out by Good Housekeeping magazine revealed that an average Brit spends £30,000 to keep a dog over its lifetime. This figure includes not only pet's foods, but also vet bills and pet insurance, as well as other costs pet owners might face.

Commenting on the results of the survey, Ms. Bloor, editor at Good Housekeeping magazine, said that she expects the study to help reduce the number of abandoned pets. "We hope this study will help people understand that pets can be expensive and go some way towards stopping unwanted healthy animals being left at rescue centres," she highlighted.

A detailed table of expenses associated with owning a pet is available on several websites, like This is Money and NatMags. According to the table, food is the number 1 expense, followed by vet bills and boarding kennel.

MoneyAvenue reminds you not to forget to insure your pet. This is not as expensive as it might seem; the average cost of annual pet insurance stands at £204.