The initial cost of owning a Miniature Australian Shepherd can be between $400 and $1,500, depending on the breed, bloodline, color, and age. There are other expenses, like flea control and vaccines, that can run into thousands of dollars a year. For these reasons, it is wise to budget $500 - $2,000 for the first year, as well as the subsequent annual costs. For this purpose, the breed itself is relatively inexpensive, but its high-quality and high-demand status can make a huge difference in the cost of ownership.