Cats and dogs are a big personal and financial commitment.
In the first year alone, a cat or dog will cost you between $3,000 and $6,000.
On top of this, you’ll need to pay for vet bills if your pet gets sick or injured. This can be very expensive. Factor it into your budget and consider whether pet insurance is right for you.
Make sure you consider all the costs of owning a pet:

NB: Above table excludes Council registration costs which can vary from between $30 and $200+ per year.
Averages presented in this table include those who spent nothing, for ease of extrapolation to the broader population
(Source: Animal Medicines Australia Report: Pets in Australia – A National Survey of Pets and People 2022)