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Rising Pet Ownership Costs Lead to Increased Relinquishments

3/23/2026

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Story summary
  • Pet ownership costs are rising, with one in five owners carrying at least $2,000 in pet-related debt, per MetLife Pet Insurance.
  • Jeanne Warsaw reports veterinary bills have doubled.
  • Paula Fasseas from Paws Chicago notes a 28% rise in pet relinquishments this year due to soaring medical costs.
  • Adopting from shelters can save money, as it includes vaccinations and spaying or neutering.
  • Pet insurance is recommended, though it can be costly.