New survey unveils spending habits among Australian pet parents
How much do Aussies spend on pet food monthly? What’s the difference between Millennials and Gen Z and X?
A recent survey of 1,000 Australians commissioned by finance publication money.com.au concluded that Aussie dog owners spend A$1,788 ($1,184.50/€1,101.93) annually – or A$149 ($98.71/€91.83) monthly – on pet food, healthcare and discretionary purchases.
Spending among cat parents is slightly lower, reaching A$1,524 ($1009.60/€939.23) annually or A$127 ($84.13/€78.27) monthly.
Generational insights
Generation X spent the most on their dogs monthly, at A$152 ($100.70/€93.69), closely followed by Millennials, Gen Z and Boomers. Cat ownership costs were highest among Millennials, at A$136 monthly ($90.10/€83.82), followed closely by Gen X.
According to the data, Boomer dog and cat owners spend the lowest average monthly amount: A$130 ($86.12/€80.12) and A$107 ($70.88/€65.94), respectively.
Geographical breakdown
Residents from New South Wales had the largest budgets for dogs, at A$165 ($109.31/€101.69), and cats, at A$162 ($107.32/€99.84). Pet parents from Western Australia followed at A$162 ($107.32/€99.84) and A$133 ($88.11/€81.97).
Dog owners in Victoria (A$138/$91.42/€85.05), South Australia (A$137/$90.76/€84.43) and Queensland (A$134/$88.77/€82.58) reported lower spending on their furry friends.
Similarly, cat parents from South Australia (A$111/$73.53/€68.41), Queensland (A$105/$69.56/€64.71) and Victoria (A$100/$66.25/€61.63) had the most modest budgets.
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