Having a dog brings tremendous joy but can prove an expensive undertaking, particularly when costs mount up throughout a pet's lifetime. Tom Sadler, managing director at Pet Insurance Deals, explains "the financial aspect of pet ownership often surprises newdogowners who haven't factored in the long-term costs beyond the initial purchase".
He said: "While cost shouldn't be the only consideration, understanding the long-term financial commitment can help prevent heartbreaking situations where owners must surrender pets they can no longer afford to care for properly."
Fortunately for first-time owners, fresh research has emerged ranking the most wallet-friendly pups, with the top spot going to a beloved traditional British breed.
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Winner: The English Toy SpanielFollowing analysis of 173 dog breeds examining their initial buying price, insurance premiums, feeding costs, and grooming bills across their anticipated lifespan, the English Toy Spaniel emerged as the most economical choice, totalling just £5,163.83 over its lifetime, , reports the Express.
The study reveals this breed typically lives for 11 years and requires merely £39.12 monthly to maintain, owing to its compact size and minimal grooming requirements.
Tom added: "Smaller breeds typically live longer than larger dogs, but their reduced food intake and generally lower grooming costs make them significantly more affordable over time.
"For example, a Chihuahua might cost just £33 per month over its 15-year lifespan, making these breeds particularly suitable for budget-conscious pet lovers."
For those thinking this figure remains steep, it's all about perspective. The priciest breed is said to be the Romanian Mioritic Shepherd, which sets owners back £16,252.53 throughout its lifetime. This works out at roughly £104.18 per month across 13 years.
The ten least expensive dog breeds to own1 English Toy Spaniel - lifetime cost £5,163.83
2 Japanese Chin - lifetime cost £5,348.83
3 Pomeranian - lifetime cost £5,594.61
4 Poodle (Toy) - lifetime cost £5,613.33
5 Yorkshire Terrier - lifetime £5,646.75
6 Russell Terrier - lifetime cost £5,666.51
7 Chihuahua - lifetime cost £5,822.53
8 Affenpinscher - lifetime cost £5,835.20
9 Bolognese - lifetime cost £5,838.27
10 Lancashire Heeler - lifetime cost £5,956.28
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