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How Much Does It Cost to Own a Horse as a First-Time Owner?

Horse ownership in 2026 costs far more than most first-time buyers expect. Realistically, most owners spend between $9,000 and $30,000+ during the first year, once board, feed, farrier work, tack, and emergency reserves are included. The biggest mistake new owners make is budgeting for the purchase price instead of the monthly care costs. The $3,000–$7,000 …

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