Palm Cockatoo

Estimated Value: $16,000
Other Pet Expenses: cage and accessories ($2,500), annual costs ($1,000)
These intelligent birds, also known as Goliath Cockatoos, are massive birds with a distinctive red crest. This crest also changes color when it gets excited. These birds require a lot of attention if you don’t want them to act up or become aggressive. Similar to a Bengal Cat, the care of these birds will set you back about $1,000 a year.