For many Americans, rising housing costs aren’t just straining budgets – they’re forcing heartbreaking decisions. Nearly half of U.S. homeowners and renters (44.4%) say they struggle to afford their monthly housing costs, according to a Redfin-commissioned survey.
Most households under pressure are making smaller trade-offs, like eating out less (41%) or skipping vacations (34.6%). But for some, the sacrifices cut much deeper: 4.6% of struggling homeowners and renters said they’ve had to give up their pets in order to keep a roof over their heads.
That may sound like a small share, but given how widespread housing struggles are, it represents thousands of families facing the choice of surrendering a beloved companion just to stay afloat.
Why people are making this sacrifice
Housing costs have risen dramatically in recent years. The median U.S. home-sale price is up more than 40% since before the pandemic, mortgage rates have nearly doubled, and the typical asking rent has jumped over 22%. At the same time, incomes have only just started to keep pace.
When families are forced to choose between paying for rent or a mortgage and covering pet-related expenses – like food, vet care, or housing deposits – some end up making the decision to part ways with their pets.
6 ways to lower pet expenses right now
When housing costs or other everyday expenses are high, even small savings can make a difference. These quick adjustments can help lower the day-to-day costs of caring for your pet without requiring big changes or long-term planning.
- Learn basic grooming skills. Instead of taking your pet to the groomer every 1-2 months, learn how to clip nails, brush teeth, and bathe your pet at home. By teaching yourself or taking a class, you can save hundreds of dollars a year.
- Look for affordable food options. Your pet’s diet is important, but that doesn’t mean you need to overspend. Buying in bulk, choosing store brands, or teaming up with…