Puppy prices fall 18% as demand for dogs declines

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New data from pet insurance provider ManyPets has revealed an average 18% drop in puppy prices since the lockdown boom in 2021. Owners were paying up to 25% more, while others were completely overpriced.

Today ManyPets unveiled the UK’s cheapest breeds ranked by their overall costs; factoring in food costs, insurance costs and potential annual vet bills. The top ten include:

  1. Jack Russell
  2. Chihuahua
  3. Yorkshire terrier
  4. Shi-Tzu
  5. border collie
  6. doggy style
  7. border terrier
  8. Staffordshire Bull Terrier
  9. Sprocker Spaniel
  10. Beagle

The sturdy Jack Russell takes the top spot as the least expensive dog breed. With an average purchase cost of just £685 and an average food bill of around £13 per month, they are both inexpensive to buy and keep compared to their furry counterparts. Additionally, the average annual cost of pet insurance of £300 for a Jack Russell is well below the average cost of pet insurance for all breeds of £421.60.

Other traditionally fashionable breeds such as Chihuahuas and Shi Tzus also made the list, with low food and vet bills keeping costs at a more manageable rate.

Oke Eleazu, CEO of ManyPets UK, said: “It feels like we all know a family member, friend, neighbor or co-worker who has welcomed a pet into their home during the pandemic. It was not uncommon to hear pet parents paying over £2,000 for popular breeds like Cockapoos, Cavapoos and German Shepherds, sometimes over £500 more than they would have paid in 2021.

“Our data shows that the pet boom is starting to level off, which has helped drive prices down, in some cases below 2020 levels. And while the initial cost of the breed isn’t the only consideration, £500 differences can be a game-changer when considering inflation on other key pet costs such as vet visits, vaccinations, toys and even insurance (sorry, we wish it hadn’t.) With things naturally slowing down post-lockdown, we hope this will help make parenting more accessible for those who previously felt priceless.

“Choosing the right breed for you, your lifestyle and your home environment is the most important factor when it comes to owning a pet. The hard-working Collie might be the 5th cheapest to maintain, but has entirely different needs compared to the more expensive Cavapoo.”

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