The Expense

 Supplies

Items to be purchased include a crate, baby gates, food and water dishes, nail clippers, brushes and combs, collars and leashes, dog food, treats, and lots of safe puppy toys.

Replacing of items that have been damaged by your puppy can be an expense.  Many Labs are champion chewers. Ongoing puppy-proofing your house and yard reduces the risk of damage to your belongings.

Veterinary Care

Veterinary expenses the first year include the series of puppy vaccinations, heartworm prevention and neutering costs.  Expect to pay between $800 and $1200 the first year. After the first year, basic veterinary expenses include vaccinations and heartworm prevention.

Expect some unplanned veterinary expenses for flea problems, paw injuries, ear infections, and other more serious injuries or illnesses throughout the dog's life.  A treatable medical problem can cost between $100 and $5000.  The care of older dogs can be expensive.  There are a number of reputable pet insurance companies that many dog owners consider a worthwhile investment.  

Fencing

Dog should not be allowed to run free.  The dangers are endless.  Electronic fencing may not be adequate.  Some Labradors do not respect electronic fencing.  This type of fencing is less expensive than chain link and stockade fencing.  Six foot portable chain link pens are affordable and often adequate.

Obedience Classes

The cost of training classes varies.  Most instructors charge at least $100 for an obedience course.  Your budget should include the cost of one or two obedience courses, six to eight class each.

While You Are Away

The expense of a pet sitter or puppy day care should to be considered if no one is at home during the day.

Budget for boarding expenses or the cost of pet sitter if you vacation away from home.