Horse ownership goes beyond just caring for animal. For most horse owners, having a horse is a lifestyle. With it come inherent rewards, but also several associated costs.

By understanding the cost of horse ownership before committing to it, people can help reduce the number of horses that may become unwanted due to budgetary reasons.

Annual costs include the following, and additional expenses may apply:

Boarding: $3,600 to $6,600

Hay: $1,000

Bedding: $1,144

Feed: $970

Supplements and electrolytes: $275

General equipment: $250

Vaccines: $170

Farrier services: $1,300

Dental care: $200

Deworming: $75

Insurance: $500

Horse tact and equipment: $2,505