The Real Value of Pets: New Research Reveals the Happiness They Bring

28th January 2026

For many of us, pets are far more than companions – they’re family. Now, new research from the University of Kent has provided compelling evidence that our four-legged friends genuinely improve our life satisfaction and overall wellbeing, to a level comparable with our closest human relationships.

What Did the Study Find?

The Kent-led research found that owning a cat or dog can increase life satisfaction as much as having a spouse, close family member or best friend. Using a recognised economic method known as the life satisfaction approach, researchers were able to place a monetary value on the emotional benefits of pet ownership.

The results were striking: Cats and dogs were shown to be worth up to £70,000 per year in life satisfaction to their owners.

This approach looks beyond income alone and measures how different life factors – such as relationships, health and companionship – contribute to how satisfied people feel with their lives.

Why Are Pets So Good for Our Wellbeing?

Pets offer something truly unique. They provide:

• Unconditional companionship – pets are always there, without judgement
• Routine and purpose – daily care, walks and feeding bring structure
• Emotional support – proven to reduce stress, anxiety and loneliness
• Connection – pets often help people feel more socially engaged and less isolated

The study reinforces what many pet owners instinctively feel: the presence of a pet creates emotional security and a sense of belonging that’s difficult to replicate elsewhere.

More Than Just a Nice Feeling

The implications of this research go beyond warm feelings. The findings suggest that pets could play a meaningful role in:

• Tackling loneliness and social isolation
• Supporting mental health and wellbeing
• Informing future public health and housing policies

By recognising pets as contributors to human wellbeing – not simply possessions – society can better support responsible pet ownership and access to pet-friendly living environments.

What This Means for Pet Owners

At Petpals, this research perfectly reflects what we see every day. The bond between people and their pets is powerful, enriching lives in ways that go far beyond practical care. Whether it’s a dog greeting you enthusiastically at the door or a cat quietly keeping you company, these moments matter more than we often realise.

Looking after pets properly isn’t just good for them – it’s an investment in our own happiness and wellbeing too.

If you’ve ever wondered whether your pet really makes a difference to your life, science now has a clear answer: they absolutely do.

Need professional care for your four-legged friend? Find your local Petpals for trusted services including dog boarding, dog walking, cat sitting and more – giving you peace of mind and your pet the care they deserve.