Though dogs and cats may differ in many respects, they do share the trait of being excellent companion animals. But before you set out to the nearest shelter or pet store to purchase a new furry friend, it’s important to understand the basic financial responsibilities associated with being the owner of a new pet. From day-to-day costs like buying food and toys, to less frequent purchases like licensing and buying a collar and leash, the costs can add up rather quickly, especially within the first year. Infographics Mania created this infographic to illustrate the average first-year cost of owning a cat, versus that of owning a dog.
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