How Much Does a Horse Cost? Updated 2021

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How Much Does a Horse Cost?

There are many people in this world who are fond of having different kind of pets. Horses are our equine friends. These are the best companions of humans that never fail to cheer us up in our hard times. They refresh us in the form of horse riding and horse racing. So, it’s worth spending your money to own a horse. 

Factors affecting the cost of horse:

On an average, the cost of horse ranges between several hundred to thousand dollars. There are many factors that influence the cost of horses. These include, 

  • Housing 
  • Keeping of horse
  • Food 
  • Health care 
  • Equipment’s
  • Farrier 
  • Pedigree
  • Training 
  • Purpose

Housing: 

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The residency of horse is an important factor that determines the price of horse. The horses having no house, that live in free land can get for free without any expense. Whereas, the horses belonging to particular breed can cost you several dollars. 

Keeping of horse: 

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After buying horse, you have to consider where it will live. If you don’t have any previous land for horse residency then you have to buy some space for horse stall and barn which can be costly. 

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Food: 

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Horses need proper nutrition including grass, hay, grains, vitamins and calcium. Availability of proper diet can protect your horse from some serious ailments. 

Health care: 

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Routine veterinary checkups are necessary to ensure the health of your horse. Moreover proper vaccinations prevent your horse from any kind of disease. When your horse gets sick, it will need proper care and treatment. 

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Equipments: 

If you are using your horse for entertainment and recreational purposes then you will need to spend your money on saddle, horse leathers, and some riding equipments including helmet and gloves.

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Farrier:

Farrier is the specialist who trims the hooves of horses. The hooves of horses need to be checked every month. 

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Pedigree: 

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As we know that we can provide necessary conditions for the breeding of horses that we want. Most horses are bred for racing purposes. The horses like Thoroughbreds that can cover longer distances with greater speed are more costly as compared to other horses. 

Training: 

Athletic conditioning is the training process to make your horse the endurance and competitive horse so that your horse can participate in race. This training process is costly.

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Purpose: 

The cost of horse mainly depends on why you are buying it. If you are buying a horse for recreational purposes like riding and horse racing then you will have to spend more money.

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As stated above there are many factors that determine the cost of horses. So, before owning any horse you should take all these factors into consideration.

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How Much Does A Horse Cost Per Year?

On an average, horse can cost from $730 to $3,000 per year. But this cost can vary depending on many factors like nutrition, housing, type of horses, farrier needs, training etc. If you are buying a horse then you will have to take care of its nutrition. Proper diet including grass, hay, and grains are important for health.

Grains are important source of carbohydrates that are energy boosters. Proper nutrition must be needed to avoid malnutrition. Another important factor that determines the cost of your horse is its residency i.e.: where will you keep it after buying it. If you don’t have any previous barn or stall for horses then you will have to buy it.

HOW MUCH DOES A HORSE COST

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Type of horses is the third factor. The horses that are used in racing purposes like thoroughbreds are costly as compared to other breeds. Moreover, your horse’s hooves need to be checked monthly by a farrier which is costly. Training is very important for horses to make them the competitive horses to participate in race. This training can be costly.

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How Much Does A Horse Cost To Buy?

The cost of horse ranges from several hundred to thousand dollars. However, on an average a horse can cost $3,000. This cost can vary because after buying you need money to keep your horse. Keeping your horse means you have to provide your horse with proper residence, proper diet, proper equipment’s and supplies, medical checkups etc.

You need to feed your horse fresh grass and hay which can be costly. After buying a horse, you need to provide it a suitable place to live in. You have to buy some land space for horse stall and barn. If you buy any horse for entertainment purposes like riding and racing then you have to spend money on some equipment’s like saddle, rider’s helmet etc. Moreover, your horse needs veterinary check up every month. Farrier needs are also very important for the well-being of the hooves of horses.

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How Much Does A Horse Cost In Canada?

On an average, a horse costs from $300 to $3,000. While purchasing your horse you should consider other expenses as well. There can be routine expenses which include proper diet, extra supplements, water , shelter etc.

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While boarding, you need to spend more money on riding equipment’s. In addition proper veterinary checkups, farrier needs and vaccinations are also included. Unexpected expenses include medical treatments when your horse hit with a sudden disease. In addition to horse expenses, human expenses are also included. While boarding you need proper clothing, helmet, gloves etc.

How Much Does A Horse Cost In South Africa?

On an average, a horse costs from R2,000 to R200,000 in South Africa. Breeding, Training and Purpose of horses influence the cost of horses. Those horses which are specifically bred for race purposes are more costly as compared to other breeds. The horses that undergo the process of athletic conditioning are more costly. Lastly the horses which are used for racing and riding purposes are more costly.

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How Much Does A Horse Cost Per Year In Uk?

On an average a horse costs from £1,000 to £12,000 in UK. If you have already got some place for the residency of your horse like a stall or barn then cost can be minimized. You have to spend some money to feed your horse. Proper diet of horse includes grains, grass and hay. Moreover, you will also need to spend money on the monitoring of your horse’s hooves every month.

How Much Does A Horse Cost In Australia?

On an average a horse costs from several hundred dollars to several thousand dollars in Australia. The type of horse, reason for purchase are important factors that determine the cost of horse. The horses which are subjected to special training are more costly. The breed of horses which can travel longer distances with greater speed are more costly. Precisely, racehorses are more costly as compared to other horses. Moreover, if you are buying any horse for recreational purpose then it will cost more.

How Much Does A Horse Cost At Auction?

Horse auctions are the places from where people purchase different type of horses. There are different types of auctions. These include, Performance horse auctions, Local market auctions, Competition auctions, Auctions for specific breeds etc. On an average, a horse costs from $800 to $1,500 at auction.

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How Much Does A Horse Cost A Week?

Weekly requirements of horse includes its feed, veterinary checkup, farrier requirements etc. Horses need to be checked every week by a veterinarian to prevent any ailment. They should be provided with proper diet including grass, grains and hay. Moreover their hooves need to be checked more often. On an average, a horse costs $4.90 a week.

How Much Does A Horse Cost To Care For?

On an average, a horse can cost between $200 to $325 per month provided by proper care. Caring of horse includes availability of grass, grains and hay. Veterinary monitoring should be provided. Moreover farrier needs should be fulfilled.

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How Much Does A Clydesdale Horse Cost?

Clydesdale horses are draft horses. They are known for their large size. They are “cold blooded”. They are very calm, gentle and friendly. In addition they are hardworking and intelligent. On an average Clydesdales cost from $1000 to $2,500. However this cost can vary depending on many factors including quality, size, age, colour etc.

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HOW MUCH DOES A HORSE COST

How Much Does A Caspian Horse Cost?

These horses have short head and large eyes. They cannot be used for riding purposes more often because of their short height. However, children who are at their learning stage can use these horses. Moreover they are used for showing and jumping purposes. On an average, a Caspian horse costs for $500 to $20,000. This cost can vary depending on other expenses which include feed requirements, medical checkups and boarding.

Conclusion:

It is well said that, there can never be better companion than a four legged creature known as horse. If you are interested in having pets particularly horses, then you have to consider all the factors determining the cost of horse to avoid any future crisis.

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