Your data on MRCVSonline
The nature of the services provided by Vision Media means that we might obtain certain information about you.
Please read our Data Protection and Privacy Policy for details.

In addition, (with your consent) some parts of our website may store a 'cookie' in your browser for the purposes of
functionality or performance monitoring.
Click here to manage your settings.
If you would like to forward this story on to a friend, simply fill in the form below and click send.

Your friend's email:
Your email:
Your name:
 
 
Send Cancel

Cost of pet ownership vastly underestimated
Nicola Martin, PDSA
According to the PDSA's estimates, owning a dog costs on average £16,000-£31,000.
PDSA research finds only 5 per cent of owners correctly estimate the cost

Client understanding of the cost of ownership is the top concern for vets, according to the PDSA's latest PAW report.

Speaking at the BSAVA Congress in Birmingham today, Nicola Martin from the PDSA revealed only five per cent of pet owners were able to correctly estimate the average cost of ownership as more than £10,000 during the lifetime of the pet.

Nearly a fifth of the owners who responded to the survey estimated the cost as being between £501-£1000, while 16 per cent thought costs would only be up to £500.

However, according to the PDSA's estimates, owning a dog costs on average £16,000-£31,000, while the cost for cats is £17,000 and for rabbits, £9,000.

Second on the list of concerns for vets is knowledge of the five welfare needs, which PDSA research suggests is declining. In 2011, 45 per cent of people who responded to the PAW report were aware of them, which fell to just 36 per cent last year.

Pre-purchase research by prospective pet owners was another issue highlighted during the discussion. A worrying 5 million pet owners did no research at all before buying their pet. Among those who did research, the majority (26 per cent) did so using the internet, while only six per cent sought the advice of a vet.

Nonetheless, the report does highlight some positives. In the past four years, the number of rabbits being fed a muesli-based diet has fallen by nearly a quarter, while 42 per cent are now being offered sufficient hay daily, compared to only 27 per cent in 2011.

Companionship remains a huge concern however, with over 60 per cent of owners who took part in the survey saying their rabbit lives alone.

Vaccinations, neutering and microchipping, however, have all increased in the past four years.

Become a member or log in to add this story to your CPD history

FIVP launches CMA remedies survey

News Story 1
 FIVP has shared a survey, inviting those working in independent practice to share their views on the CMA's proposed remedies.

The Impact Assessment will help inform the group's response to the CMA, as it prepares to submit further evidence to the Inquiry Group. FIVP will also be attending a hearing in November.

Data will be anonymised and used solely for FIVP's response to the CMA. The survey will close on Friday, 31 October 2025. 

Click here for more...
News Shorts
CMA to host webinar exploring provisional decisions

The Competition and Markets Authority (CMA) is to host a webinar for veterinary professionals to explain the details of its provisional decisions, released on 15 October 2025.

The webinar will take place on Wednesday, 29 October 2025 from 1.00pm to 2.00pm.

Officials will discuss the changes which those in practice may need to make if the provisional remedies go ahead. They will also share what happens next with the investigation.

The CMA will be answering questions from the main parties of the investigation, as well as other questions submitted ahead of the webinar.

Attendees can register here before Wednesday, 29 October at 11am. Questions must be submitted before 10am on 27 October.

A recording of the webinar will be accessible after the event.