New Synchrony Study Finds Nearly 8 out of 10 Pet Owners Underestimate the Cost of Care, Reaching Up to $61,000 During a Pet's Lifetime

Lifetime of Care Costs Continue to Rise From 2022 Findings — Up More Than 10% For Dogs and Nearly 20% For Cats2025 Study Adds Data on Small Companion Animals, Also Called "Pocket Pets"STAMFORD, Conn., June 2, 2025 /PRNewswire/ -- Synchrony's (NYSE: SYF) new 2025 Pet Lifetime of Care Study reveals nearly 8 out of 10 pet owners underestimate the cost to care for their pet over a lifetime. The report highlights a growing trend of pet owners viewing their animals as part of the family and committing to high-qua ...