On the subject of how much money we spend on our pets, the U.S. Bureau of Labor Statistics recently published “‘Tails’ from the Consumer Expenditure Survey” on its website and the Hartford Courant breaks down the information:
The average amount each household spent on pets in 2011 was $502.
Households tended to spend 1 percent of income, no matter how much or how little they earned.
The release tracked spending from 2007 to 2011, and it didn’t show any trends of households trading down to cheaper food brands during the recession, or surrendering dogs due to foreclosure.
Additional tidbits from the government:
In 2011, households spent more on their pets annually than they spent on alcohol ($456), residential landline phone bills ($381), or men and boys clothing ($404).
Average household spending on pet food alone was $183 in 2011. This was more than the amount spent on candy ($87)…
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