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Annual cost of owning a horse in the US, 2003 versus 2016, AHC

The annual cost of owning a horse in the United States nearly tripled for recreational horses and increased seven-fold for show horses during the period of 2003 to 2016. A recreational horse cost $6,710, as of 2016, and a show horse cost $24,239.

Horse Type  2003 Cost2016 Cost
Recreational$2,319$6,710
Show Horse$3,186$24,239

Source: American Horse Council