Adopting a pet will save you £1,296 compared to buying from a breeder

ADOPT, DON’T SHOP: New data reveals buying a dog from a breeder costs up to nine times more than adoption 

We could soon see a rise in pet adoption rates, as new data shows that searches for buying a pet are down, with the cost of living crisis continuing to impact people’s financial decision-making. 

According to Google Trends, the number of Brits searching for “dog for sale” in 2023 has decreased by 15% compared to last year, with July 2023 seeing the lowest number of searches in the past five years.  

However, for those still hoping to own a pet, adoption could be the best option, as new data shows you can save up to an estimated £1,296 when you adopt from a registered animal charity, rather than buy through a reputable breeder.  

Adopting a pet means giving an animal a second chance in life. If you have the means to, adopting an animal in need of a new home, rather than purchasing one from a licensed breeder or pet store, is a great idea.  

In light of this, personal finance experts at Little-Loans.com have crunched the numbers to work out just how much popular pets typically cost, and the price difference between adopting and buying your pet from a breeder.  

Four of the UK’s most popular pets have been compared, based on the cost of adopting versus purchasing from a breeder. As well as the initial cost, the research also includes the cost of upkeep over the course of one year. 

According to the data, on average, you can expect to spend 39% more if you choose to buy from a breeder rather than adopting.  

Dogs have the most significant difference in cost amongst all of the pets, costing you £1,296 more to buy from a breeder, on average.  

Commenting on the findings, Dan Whittaker, Personal Finance Expert at Little-Loans.com said:  

“Brits are renowned for being besotted with their pets but, with the cost of living rising and pets being an additional expense, it’s important to consider all your financial obligations, whether you choose to adopt or purchase an animal. 

“Adopting a pet can be a fulfilling experience where you have a lifelong companion by your side, and is shown to be the cheaper alternative to buying from a breeder. But what some people forget to consider is that owning a pet carries financial obligations that can last you many years. With the interest of the animal at heart, you should only get a pet if you can afford it and if you can pay for its ongoing care, including the cost of vaccinations, check-ups at the vet, and pet insurance. Before adopting, make sure to do your research to see if you can be a financially responsible owner.” 

Little-Loans.com have released these findings to compare the financial difference between adopting and buying a pet from a breeder amid the cost of living crisis.