What is the average cost of Owning a Horse per year in 2010?

The average cost of owning a horse is $4783 per year in 2010. This includes the cost of food, bedding for the horse, stabling, and veterinary visits. You must also factor in the cost of training the horse, saddles and other equipment, horseshoes, and other expenses that can quickly pile up each year. You must also factor in medical expenses.