How Much Does a Horse Cost? [All Instances]

One of the most common questions about horses is, “How much does a horse cost?” Of course, the price of a horse depends on what you are looking for in your mount.

If you are looking for show quality, you can expect quite an expensive horse. However, if you simply want to use your horse just to ride trails at the park or go horse camping every weekend, then you can find good deals.

The horse market is all about supply and demand. This means that horse owners are willing to charge more for horses with desirable traits, such as show horse qualities.

Many factors can affect how much a horse is, including horse age, horse breed, horse training level, horse color, and more. If you are searching to buy a horse, we have found horse prices from around the world so you can figure out how much a horse costs in your country.

Horse Ownership Document

The Cost of Owning a Horse

The cost of owning a horse can be prohibitive, depending on the type of horse you are planning to buy. Horse prices vary depending on several factors such as age, breed, training level, and more. In addition, a horse can be costly to own in the short and long run if you do not have proper horse insurance.

How Much Does it Cost to Own a Horse?

Horse-owning cost is dependent on which breed you own. The average horse costs $6,000 a year, including the initial purchase price. However, the more you learn to care for your horse, the less you will have to spend.

If you have access to land and can board your horse instead of purchasing a barn and stable, it will significantly help your horse-owning costs. In addition, many horse owners who board their horses at a farm do not have to buy horse feed and supplies if they use the farm’s services. 

How Much Does it Cost to Board a Horse?

Boarding a horse can cost anywhere from $350 to $400 per month for boarding alone, not including any special services. Of course, it will be much cheaper if you can stable your horse on your land, but you still need to factor in the cost of building or purchasing a stable.

How Much Does a Horse Cost Per Year?

The average horse costs around $2,500 to $3,800 a year. This does not include the initial purchase price, only the costs associated with owning a horse, such as feeds, hoof care supplies, and veterinary services. 

However, this number can vary greatly depending on the horse breed you buy and how much training your horse receives.

How Much Does a Fresian Horse Cost?

Friesian horses are one of the most expensive horse breeds in the world. A purebred Friesian stallion can cost anywhere from $3,000 to $30,000 on average, depending on the quality of bloodlines. However, if you look for a Friesian stallion with show-quality bloodlines, the price can be much higher.

Average Prices for Horse Breeds

Horse prices can vary drastically depending on the breed. However, the average cost for most horse breeds is between $100-$10,000.

The cost of the most expensive breeds can be up to $250,000. Some of the most expensive horse breeds are Thoroughbred horse, Dutch Warmblood horse, Andalusian horse, Oldenburg horse, and the Arabian breed. 

The cheapest horse breeds are Wild Mustangs and Quarter horses. If you are looking for the most affordable horse breed, the Wild Mustang horse breed is one of the cheapest horse breeds, costing around $100-$200. It may not be the prettiest horse breed, but it can still get you from point A to point B.

How Much Does it Cost to Lease a Horse?

Horse leasing is more affordable than buying a horse. The average horse leasing cost for a year ranges from around 25% to 30% of the original purchase price. For example, if the horse costs $4,000, horse leasing can be about $1,200 to $1,400 for one year.

The lease price varies depending on the breed of horse you plan on leasing and how long you plan on leasing.

How Much Does a Horse Saddle Cost?

A horse saddle is usually around $500 for an average saddle, but it can be costly if you want to buy a custom-made horse saddle. Horse saddles come from different types of leather and materials. 

The most common material used is cowhide or split leather because they are the cheapest options. They require minimal breaking in before using, but they do not last very long. 

The second type is calfskin leather, which is the most expensive option. They are high-quality leathers that can cost up to $1,000 for one saddle alone. A third option is a goatskin, which is between cowhide and calfskin when it comes to price range.

When buying a horse saddle, there are other factors to consider, no matter what leather you choose. For example, some people prefer padding on the cantle because it makes the ride more comfortable, but padding also adds to the saddle.

If you plan to show off your riding skills in an equestrian competition, you may need a different type of leather with a unique design.

How Much Does it Cost to Cremate a Horse?

The cremation of a horse is more expensive than the cremation of a human. The cremation of a horse is around $250-$1,500, depending on the weight. Horses are usually heavier than humans, so their ashes are bigger.

A large horse can cost up to $350 for cremation alone, and time gets negotiated beforehand. You may need to pay extra fees depending on if you want your loved one’s ashes back or not as well as other personal belongings.

How Much Does Riding a Horse Cost?

Riding a horse is more expensive than owning one. Riding horses usually starts at $25 an hour for early beginner lessons with an average of two to three hours per week.

As your skills improve, the price can increase. The price is usually around $35 to $75 an hour for riding lessons after you have already learned how to ride a horse.

If you own a horse, your riding bill may be as low as $500 a year using public arenas, but it can increase to as much as $2,000 per year if you have a private arena and must pay for its upkeep.

Girl riding horse

How Much Does a Racehorse Cost?

Racehorses can be as expensive as a million dollars. Many factors come into play when figuring out how much racehorses costs, but the average racehorse can cost around $75,000

The price of a racehorse depends on the breed of the horse and its bloodline (if it comes from a line of champions or not). Age is also a factor because older horses have been racing for longer than younger horses, making them more experienced.

How Much Does it Cost to Put a Horse Down?

The cost of putting down a horse can depend on its location, but it usually ranges around $175-$250 for an average horse.

Horses often get put down because they are injured or sick, and veterinarians will decide if the animal should live or get put to rest. If you own your horse, you may not want to pay for the cost of euthanasia so that you can put it down yourself.

How Much Does a Shire Horse Cost?

Shire horses are costly and can cost up to $20,000 or more. However, the price is usually around $10,000 for an average-sized one.

A Shire horse is always in demand in the United States because farm owners want them to plow fields. They are also great horses for people who compete in draft horse competition events.

How Much Does a Morgan Horse Cost?

The average price of a Morgan horse is about $4,000. However, the cost of each horse varies based on factors such as age, weight, location, and market conditions.

For example, the price range for a registered Morgan mare ranges from $2,500 to $4,000, while that of a Morgan weanling ranges from $750 to $1,500. The cost of a yearling horse varies by breed, but they all start at around $2,000.

How Much is a Pony?

The cost of a pony can range from $0 to over $1,000. The price depends on the size, breed, and age of the pony you want to buy or adopt. 

A petite type pony that is five to seven years old can cost anywhere from $500-$600 for an adult one to $300-$400 for a baby pony.

A bigger horse can cost around $500 to $800, depending on its age, breed, and size. Crossbreeds can cost as little as $100 to as much as $1,000, depending on the pony’s build and size.

How to Buy a Horse

If you are interested in buying a horse, then you must consider the following:

The Cost of Buying and Maintaining It

The initial cost of buying your horse includes the purchase price, transporting it to where you live, the license fee, the immunization requirements, and anything else that goes along with owning a horse.

Horses require daily care such as food, water, exercise, and grooming, so they can be pretty expensive to maintain. Horses eat two to four times more than humans; it can cost around $200-$300 per month just for food.

Horses need quality hay and grain, which can cost almost $100 per month depending on the brand you choose. Grooming supplies such as shampoo, conditioner, brushes, and other tools average at about $20 per month. 

The Facilities Needed to Keep It

Horses need a place to stay and sleep when they are not roaming in the wild or running around on a ranch. Therefore, this location must have enough space for the horse’s shelter, pasture, run-in sheds, and stalls. 

  • Shelter: An average barn is about $9,000 to $12,000, while a large barn averages at $35,000.
  • Pasture: Grass is the cheapest option for pasture, and it only costs around $1,500 to fence in an acre of land. Hay can cost about $250-$350 per month, depending on which kind you get.
  • Run-in-sheds: Adding run-in sheds to your facilities can cost around $1,000, depending on their size.
  • Stalls: Stalls are about $500-$1,000 each depending on their size and material used.

Insurance and Other Incidentals

Horses are very prone to injuries and sickness, so they need proper insurance. The cost of this depends on the horse’s age, sex, location, and breed.

Other incidentals that can accompany owning a horse include tack (girth, saddle, etc.), farrier care (shoeing), vet bills, feed, and miscellaneous supplies.

These factors depend on what type of horse you choose to own, its health, location, and personality, so it is hard to determine a specific cost. However, if you do your research correctly and calculate everything in advance, owning a horse can be affordable.

How Much is a Baby Horse?

Baby horses, also known as foals, usually sell for around $800 to $1,000, depending on their breed and birth date. However, the price can go up if the horse has champion bloodlines (meaning its parents were champions), is a crossbreed (such as a Mustang), or is rare.

How Much Does a Quarter Horse Cost?

Quarter horses are one of the most popular breeds in the United States.  They are gentle, loyal, and fast. The price of a quarter horse can range from $5000-$7,000 depending on its age, sex, location, pedigree (bloodline), and how many winnings it has.

The average cost of a horse from a ranch varies drastically, with some reaching as low as $2,000 and superior horses costing more than $50,000. On average, a stallion with a good lineage registered in the American Quarter Horse Association (AQHA) costs between $15,000 and $20,000.

Most Expensive vs. Cheapest Horses to Buy

The most expensive horse you can buy is a thoroughbred racehorse. These horses usually cost anywhere from $500,000 to more than $1 million. The cheapest horse you can buy is a Mustang, which will only cost you about $100 to $200 depending on its age and breed.

Holding money in the hand

Adopt, Don’t Shop!

Many horses without homes or whose owners can no longer care for them. These horses are often rescued and taken in by people who want to offer them good lives. If you plan to adopt, be sure first to check your local and state laws as well as those of the organization you plan to adopt from.

Horses come in all shapes and sizes, so there are many different prices. However, whether you want a Quarter Horse or a Mustang, you must always consider the other expenses of owning one.

When looking to purchase a horse, do your research! There are many ways you can save money on owning one. For example, buying horses that are too young, don’t have the best bloodlines, or are coming off injuries will usually cost less than one that is very healthy with an established lineage.

Also, remember that it is always better to buy your horse from a ranch or reputable breeder if possible. However, purchasing your horse from a pet store, private owner, or an auction will often come with steep veterinary bills and other unforeseen expenses.