The Rising Cost of Pet Care: A Growing Concern
For many Americans, the cost of caring for their pets is becoming unbearable. A recent Gallup poll revealed that 52% of U.S. pet owners have had to postpone veterinary care due to financial constraints. This alarming trend, dubbed ‘economic euthanasia,’ refers to the heartbreaking decision to forgo necessary treatment or euthanize a pet because the care is unaffordable.
The Financial Strain on Pet Owners
The numbers are stark: seven in 10 pet owners say they forgo pet care due to financial reasons. The Bureau of Labor Statistics found that urban veterinary services saw a 5.9% price increase from March 2024 to March 2025, more than double the average rise in the cost of all consumer goods. Over the past decade, the average veterinary bill has risen by 60%.
The Consequences of Unaffordable Care
The lack of affordable options has real consequences: pets go untreated, and in some cases, animals are surrendered to shelters or euthanized due to financial limitations. Most pet owners claim they can allot $1,000 or less to treat their pets, yet 64% say they could afford double the amount for lifesaving treatment if their veterinarian offered a no-interest and year-long payment plan.
Alternatives for Affordable Care
To address this issue, pet owners can consider several alternatives:
- Pet Insurance: Offset the cost of unexpected injuries or illnesses. Monthly premiums average about $46 for dogs and $23 for cats.
- Low-Cost Clinics: Nonprofits and humane societies offer affordable veterinary services.
- CareCredit: Many veterinary clinics partner with CareCredit to allow monthly payments.
- Veterinary Schools: Teaching clinics operated by veterinary colleges offer significant savings.
Conclusion
While the financial strain is real, planning ahead and utilizing available resources can make care more accessible. For millions of Americans, rising veterinary costs are forcing an impossible decision: pay the bills or risk their pet’s health. It’s a choice no one should have to face. By exploring alternatives and making informed decisions, pet owners can ensure their pets receive the care they need.