Pet Ownership Saves $11.7 Billion Per Year in Healthcare Costs

Which animal do you prefer, dogs or cats? If you fall into either category, you probably save money—at least on healthcare expenses rather than pet food. Numerous health advantages of pets have been demonstrated, from decreasing blood pressure to decreased stress. But if you want to put a price tag on it, you may.

According to studies from George Mason University, all of those health benefits add up to that sum. 0.6 times fewer pet owners visit the doctor than non-pet owners. So, from where does the additional $400 million come? Strolling the dog Due to lower obesity rates among those dog walkers, the extra money is reduced to bring the total to $11.7 billion when five or more walks per week are taken.

If you don't already have a pet, it's important to keep in mind that this amount represents savings on medical expenses rather than cash in your pocket because pet owners will be spending significantly more on chew toys, chow, and canine-sized Halloween costumes.