Horse Ownership Costs in the US: a State-by-State Estimation Guide

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Introduction to Horse Ownership Costs

• For many, the biggest factor when considering
  purchasing a horse is cost. Theyre usually not
  cheap to buy and never cheap to care for.
• Depending on where you live, annual ownership can
  be tens of thousands of dollars.
• The information covers estimated 2023 US boarding
  rates, based on rates shared on boarding stable
  websites throughout the US.

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Annual Horse Ownership Cost in the US
State-by-State

• The average cost of caring for a horse in the US
  is around 11,000.
• Horse ownership is cheaper in Southern states and
  more expensive in New York, Massachusetts, and
  Washington.
• Annual Horse Ownership Cost by US States

State Average Monthly Annual cost
New York 1366.67 16400.00
Washington 908.33 10900.00
Florida 742.00 8904.00
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Cost Breakdown Boarding, Hoof Care, and Health
Checkups

• Horse Boarding
• The most costly aspect of ownership for a healthy
  horse.
• Estimates based on 2023 full-board costs (indoor
  stall, feeding, watering, turnout, mucking,
  blanketing).
• Hoof Care
• Estimated at 300 every six weeks, totaling
  2,600 per year.
• Dental and Health Checkups
• Estimated at 200 every two months, totaling
  1,200 per year.

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Additional Costs Not Included in Estimates

• Horse Training Cost Lessons range between 20 to
  100 depending on location and trainer
  expertise.
• Horse Competition Cost Includes training,
  competition registration, transportation, and
  accommodations.
• Horse Insurance Cost Required by most boarding
  barns varies by horse's age, purpose, health
  status.
• Advanced Medical Care/Rehab Unforeseen health
  issues can incur additional costs.
• Tack Gear Cost Can be expensive, ranging into
  five figures for quality gear.
• Horse Showing Apparel Cost Specific attire for
  competitions adds to the expense.

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Horse ownership is a significant financial
commitment. Costs vary widely by state and
individual needs. Prospective horse owners should
carefully consider all potential expenses before
purchasing. Horse Ownership Calculator to
estimate your own costs and plan accordingly