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