To purchase a parakeet from a major pet store (be sure to do your homework and confirm that the store is reputable), you can expect to pay $12 to $65. Another option is to check out a local bird rescue and adopt a parakeet who needs a home. Some examples include Feathered Friends Sanctuary & Rescue in Edgerton, Wisconsin, the Fine Feathered Friends Foundation in El Segundo, California, and Northeast Avian Rescue in East Greenbush, New York.