How much does it cost to buy a horse?


Author By Hope Horse

Horses are our magical companions, and owning one is an exciting thing. It's important to know that investing in a horse comes with a significant cost, not only in terms of purchase but also in the ongoing expenses for care and maintenance.


What need to know before buying a horse?

Our horse companions live about 25 years and weigh 1,000 pounds. Owning a horse is not only the cost of buying the horse, but also the ongoing costs of raising it. Therefore, before deciding to buy a horse, many factors need to be considered.

Firstly, what is your purpose in buying a horse? Are you simply looking for leisure riding or training for high-level competitions?

Secondly, where will you keep the horse? Will you build your own horse barn, or will you board it elsewhere?

Thirdly, do you have reliable channels for purchasing a horse? Third, do you have reliable channels for buying horses? You can buy it on the Internet, from horse trainers, or horse dealers. Relatively speaking, horse trainers or breeders with good reputations are more reliable.

Factors Affecting Horse Cost

There are many factors that affect the cost of a horse, including its age, breed, pedigree, etc.

Younger horses are typically more expensive due to their potential for development and longer lifespan compared to older horses, which may have health issues.

Different breeds of horses have different characteristics and performance potential, so prices vary. When choosing a breed, it's important to consider the intended use of the horse and select accordingly.

The pedigree of the horse will also affect the cost, as it provides insights into the horse's traits and advantages. If you are buying a horse to race, it needs to have a pedigree with an excellent athletic record. The price of such a horse will also be relatively high.

Market conditions in your area can also affect horse prices. Different regions have different requirements for the quality of horses, so the prices will also be different.

How much does it cost to invest a horse?

Now let's discuss the expenses involved in purchasing and caring for horses.

Purchase cost: 

For an ordinary horse used for leisure travel and riding training, the general price is less than 10,000 US dollars. If it is a top-level horse used for high-level competition, the prices can range from tens of thousands to hundreds of thousands.

Additionally, there are transportation costs, sales taxes, and pre-purchase veterinary examination fees.

Daily Costs:

Feed, hay, supplements typically amount to around $3,000 annually.

The cost of horse equipment, including saddles, reins, saddle pads, etc., ranges from 500 to 5,000 US dollars depending on the material.

Grooming tools, such as brushes, buckets, shampoo, range from $200 to $500.

Horse maintenance costs

For farrier services, horses’ hooves need to be trimmed regularly, about 6 times a year, and the annual fee is between $100 and $1,000.

For veterinary services, horses need regular check-ups, vaccinations, deworming, and dental check-ups just like people. These costs are about US$500 per year.

Boarding Cost

Do you have your own barn and everything is functioning properly? If so then you only need normal equipment operating expenses. If not, boarding services need to be considered.  Boarding services are further divided into full boarding and partial boarding. The cost of full boarding costs ranges from $400 to $1,000 per month, with dedicated staff responsible for daily feeding, stall cleaning, bedding changes, turnout, and usually include feed costs. Veterinary services are also provided by barn staff. Partial boarding services range from $200 to $500 per month, and the facilities and services provided are limited. Feeding and cleaning services are provided on a daily basis. Self-care boarding means you only use the stall, with all other tasks being your responsibility. The price is between 200 and 300 US dollars per month.

Training Costs

Whether you're a beginner or an experienced rider, both you and your horse require ongoing training and education, which is closely related to the purpose of buying the horse in the first place. Usually training courses include horse physical training and technical skill training. The price of this course is 50 to 150 US dollars per session.

Insurance Costs

Horse insurance is crucial for safeguarding your investment and providing coverage in case of unforeseen circumstances. Insurance costs typically range from 1.5% to 3% of the horse's purchase price. Additionally, it's wise to set aside funds for unexpected horse medical expenses.



Growing up with a horse partner is a very meaningful experience. Before making this decision, you should have a general understanding of the cost and time cost of the entire process, so please be fully prepared.