The Most Influential Pet on Social Media Makes More Money Than All of Us

[MUSIC] Coinage. Life, Well spent. Presented by Geico. Pets have become an expensive part of American households. Last year, animal owners spent an estimated $62 billion on their fur babies. Roughly a third of this, over $24 billion, was spent on [UNKNOWN] for Fido and Fifi. In recent years owners have been more selective about the food they give their pets. Natural, locally sourced ingredients have become popular. Dogs on average will eat $269 worth of food per year, while cats will cost $246 and birds just $120. Veterinary care makes up the second highest source of spending. Nearly $16 billion was spent on vet bills in 2016. Being mindful of your pet's health and well-being is key in the longevity of the animal. Basic office appointments cost between $45 and $55 per annual visit. This price doesn't include any additional costs like dental cleaning or vaccines. Which can add on an extra $20 to $400. On average owners should expect to spend $375 per annual vet visit. Approximately $15 billion are spent on supplies and over the counter medicines for our four legged friends. Supplies include litter, food bowls and other accessories. Needed for your animal's daily life. Animal owners will also spend $47 per year on dog toys and $28 on cat toys. These cost also include animal clothing and costumes. Halloween isn't just for humans anymore. [MUSIC] Coinage, life well spent, presented by GEICO.