The $50,000 puppy: Why the pet debt crisis is reaching a breaking point in 2026

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When we talk about the cost of a pet, it’s about more than the “price of admission.”  Whether you pick up your dog from a specialized breeder or choose to adopt, both can cost you a fortune. I was just joking with my husband about how much our Mini Sheepadoodle, Lucy, actually costs us, but the joke isn’t that funny; she is a financial strain, and I wouldn’t trade her for anything.  I’d even go into debt for her, and that’s the main issue. For the average American household, a single cat or dog

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