how much does it cost yearly to own a horse

Owning a horse is a rewarding experience, but it can also be expensive. The cost of caring for a horse can vary greatly depending on the horse’s needs, your budget, and the type of care you provide. But, on average, it can cost anywhere from $2,000 to $5,000 per year to own a horse.

The biggest expense associated with owning a horse is the cost of feed. Depending on the type of feed you choose, you can expect to spend between $600 and $1,200 per year. Other costs include hay, which can cost anywhere from $400 to $1,000 per year, depending on the quality and quantity you buy.

You’ll also need to factor in the cost of veterinary care. Some horse owners choose to purchase health insurance for their horses, which can cost between $200 and $500 per year. But even without insurance, you should plan to spend at least $500 per year on vet visits, vaccinations, and other treatments.

In addition to feed and vet care, you’ll need to factor in the cost of housing and supplies. Depending on the type of housing you choose, you can expect to spend between $500 and $2,000 per year on barns, stalls, and fencing. You’ll also need to buy supplies such as grooming tools, blankets, and tack, which can cost between $200 and $500 per year.

Finally, you’ll need to factor in the cost of riding lessons and other activities. Depending on the type of lessons or activities you choose, you can expect to spend between $200 and $1,000 per year.

All in all, the cost of owning a horse can vary greatly depending on the horse’s needs, your budget, and the type of care you provide. But, on average, it can cost anywhere from $2,000 to $5,000 per year to own a horse.