How Much Does a Dog Cost? Yearly and Monthly

As always said, dogs are men’s best friends. Is owning a dog costly?

Well, owning a dog can be a bit expensive, especially when you add basic needs like; food, a collar, medication, etc.

Hence, even if you have no basic idea of what a dog needs, owning a dog is still not cheap.

Thus, in 2023, research showed that about $2000 was spent on new dogs in the first year,

After that, you will have to spend about $1000 on your dog. From the research you can tell owning a dog is not cheap.

However, in this article, we will tell you how much a dog costs in 2023. Also, we will share with you some purchases to make for a dog in the first year and later on.

Thus, if you plan on owning a dog soon, read this article closely to get some helpful tips.

How Much Does a Dog Cost? Top Dog Breeds and Their Average Prices 2023

Here are top dog breeds and their average prices

Breed Average Prices
Labrador Retriever $700 to $1500
French Bulldog $1,500 to $3000
German Shepherd $1,500 to $3,000
Golden Retriever $1,000 to $4,000
Bulldog $1,500 to $4,500
Poodle $500 to $1,500
Beagle $1,000 to $1,500
Rottweiler $1,000 to $3,000
German shorthaired pointer $600 to $1,500
Dachshund $500 to $4,000.
Siberian Husky $600 to $3,000
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Cost of Dog in the First Year

The cost of a dog in the first year depends on the size of the dog and other factors. Hence for small to medium-sized dogs, the cost is about $740 to $1,325 in the first year.

While large-breed dogs cost about $1,020 to $1,825 in the first year. However, some factors affect the annual cost to own a dog. These factors include;

  • Initial Puppy Costs

The fee for your new dog will play a major role in the cost for the first year. So, whether you’re buying your puppy from a breeder or a Rescue Network, it cost thousands of dollars.


  • Grooming

This is important and can be done every few weeks by a groomer or you can do it yourself. Hence, it cost about $100 for professional grooming.

  • Dog Food and treats

The cost of dog food depends on the type and brand you want. Hence, when picking your dog food also consider the size of your dog. And also, how much you want to feed it.

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Having said that, dog food costs about $300 to $1,500 yearly.

  • Training

If you want to enroll your puppy in a training class, you will spend about $20 to $40 a session.

  • Dog crates or beds

Dog crates or beds can cost about $20 to a few hundred dollars, based on your preference.

  • Veterinary Care

Veterinary Care is very important and should not be skipped. Hence, the average cost of veterinary care ranges from $100 to $500. Thus, it includes core vaccinations like; canine hepatitis, rabies, and canine parvovirus.

  • Preventive Medications

These are prescript to keep your puppy feeling free from Flea, tick, and heartworm. It can cost about $200 to $300 yearly.

  • Pet Insurance

Enrolling your new puppy in a pet insurance plan can help you save money along the line.

Hence, once your puppy is enrolled, you can relax knowing that if an incident occurs your pup is covered.

Thus, a pet insurance plan can cost about $528 for dogs yearly.

The lifetime cost of a Dog

The total estimated lifetime cost for a dog also depends on its size and other factors. Hence, large-breed dogs cost about $5,850 to $7,950. Whereas small to medium-sized dogs cost $7,240 to $12,700.

However, here are the basic cost of owning a dog.

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Type of Expense Yearly Estimate
Food and Treats $250 to $700
Toys $25 to $50
Crates and Beds $50 to $200
Leashes and Collars $20 to $50
Grooming $30 to $500
Routine Veterinary Care $700 to $2,000
Preventative Medications $200 to $600
Training Classes or Resources $25 to $300
Petsitters or Boarding $100 to $300


Hence, the average monthly cost of owning a dog is about $125 to $824. While the yearly cost of owning a dog is about $1,500 to $9,900.

So, is owning a dog worth it? Of course, it does, owning a dog is an awesome experience and is worth it.


Owning a dog is so worth it. However, owning a dog is also a bit expensive. To sum it up, this article is a complete guide to everything you need to know.

Hence, we’ve listed the cost of some dogs in 2023. And also, shared some tips that may be of great use to you.

However, if you have any questions, make sure you drop them in the comment session.

Having said that, thank you for reading!