Owning a horse isn’t cheap. There are ways to budget and cut corners safely, but the reality is that these big animals can cost a pretty penny. It is well-known that the upfront costs are generally less than the cost of caring for a horse in the long run. If you’re new to horses, here’s a great guide for what you can expect financially.
The Upfront Costs
Average Horse: $800-$4,000
Show Horse: $3,500-$8,000
Pre-Purchase Vet Exam: $250-$500
Buckets & Stable Supplies: $50-$100
Stall Boarding: $250-$500
Field Boarding: $100-$200
Farrier (Every 6-8 weeks): $25-$100
Self-Care & At Home Expenses
Hay: $40-$200 a month
Grain: $15-$30 a bag
Bedding: $5-$12 a bag
Annual Vaccines: $50-$200
Emergency Vet Call: $250+
Teeth Floating: Up to $150
There’s a lot more you could purchase, such as riding apparel, a truck and trailer, a first-aid kit, and rubber stall mats. Just remember, the moment you buy a horse is the moment you hand over your wallet.
Disclaimer: All expenses are estimates. Factors like location and quality can make expenses vary!