How Much Does A Horse Cost In Ontario? 6 Helpful Answers

So you’re thinking about a horse for your farm, but you don’t know, How Much Does A Horse Cost In Ontario? You’ve come to the right place.

In this article, we have compiled a list of prices that will help you make an informed decision when it comes time to purchase your new four-legged friend.

How much does it cost to buy a horse?

The price range for buying your first horse is typically about $2000+. Some breeds are more expensive than others, and many factors impact the price of your new horse.

The first thing to consider when buying a horse is whether you plan on purchasing a Thoroughbred, Warmblood, Draft Horse, or an American Quarter Horse. These four breeds account for approximately 95% of all horses in the United States each year.

How Much Does A Horse Cost In Ontario

The next question to ask yourself is whether you plan on riding your horse or using it for a sport such as Eventing, Dressage, Jumping, or Racing.

If you are a full-time working student with your horse, then a Quarter Horse, Thoroughbred, or Warmblood may be the most appropriate breed choice for you. This is because each of these breeds is developed explicitly for top athletic performance.

However, suppose you are looking to buy a horse on a more limited budget. In that case, you can purchase or lease an American Saddlebred or Hackney Pony, the most affordable breeds in America.

How much does it cost to own a horse in Ontario?

The average cost to cost to own a horse in Ontario is around $5000, with monthly expenses ranging from about 900-1200 depending on where you keep them.

Although some people may be able to get by with cheaper or more expensive prices for their equine companionship it can become difficult when those choices have been made without thoroughly researching all options available first.

So here are some of the costs associated with owning a horse in Ontario: 

Horse Boarding Costs – $300+ per month on average depending on location and level of care your trainer/stable provides.

Horse Transportation Costs vary depending on the distance you need to transport your horse but expect it to be between $200 and $500.

Equipment/Clothing – if you want an accurate price of how much a new rider will spend without considering any sales or discounts, you should plan to spend an average of about $1000 for your first set of riding clothes/boots/helmets.

Horse Care – This includes feed, hay, farrier costs, and vet bills that you will be responsible for paying to maintain your horse’s health. These are the main cost associated with owning a horse in Ontario, but there are other costs such as registration and show fees that you may want to consider.

What is the best age of a horse to buy?

  • Indoors: 3-5 years old. 
  • Outdoors: 5-6 years old. 
  • Teenager: 10+ years old.

Indoors: Horses are better for people who don’t live outside. If they do, the horse will have higher riding skills because it would live inside. For an indoor person, the price is adjusted, and the temperature range is different. 

Outdoors: Horses like to stay outside. They sleep more when they are outside. Older horses sleep longer and better than younger horses.

Riding a horse can be fun. 

You might feel less sleepy when you ride a horse, even though it is hard to stay awake on the trail. Older people have stronger immune systems, and they will get more nutrition than younger people. 

Younger horses might be able to grow taller, and their bones will grow longer than older horses.

Teenager: An old-timer who has seen the trails before, this type of horse will have irreplaceable years of experience. They are typically very calm and have a lot to share with you, but they cannot be ridden as much anymore. They will not live forever, so it is essential to have a backup plan if something happens.

It is very rare for me to purchase any horse under 4 years old unless extenuating circumstances exist. So if someone were looking for an older horse, I would try to find them one of those first unless they specifically said they wanted a young animal.

Horses are brought on the market at 8-12 years old. This is because it takes an average of 2-3 years to break and train a horse, depending on its level of training, before you buy it. You will get a much more advanced horse if it is 4 or 5 years old when you buy it and also be able to ride it sooner after purchase.

The selling price is lower for the older horses, so that’s why I generally say around 5-6 years old where you can find a better suited and trained horse in good condition for a reasonable price.

How Much Does A Horse Cost In Ontario – Related Questions

How much does a pony cost in Canada?

The cost of a pony will vary depending on the breed, age, and location. But for an average-sized horse, you can expect to pay anywhere between $1500-$4500.

How much does a farrier cost in Canada?

The pricing for a farrier varies, but typical shoeing can range from $30 – $50.

The price of horseshoes is based on the size and type of horse. For example, light workhorses need less care than competition horses because they have an easier job. 

In general, thin-soled thin shoes are inexpensive, while thick-soled wide shoes are more expensive. 

So prices will vary to account for how much work it takes to mitigate the effects of wear and tear plus additional steps taken to protect the health of the hoof wall. 

Furthermore, some horses may require very frequent shoeing because their hooves simply grow too quickly to maintain them with a reasonable frequency. 

How much does a horse cost in Canada per year?

There are prices for horses all over the world, but US$3500 would be a conservative estimate.

The price of owning a horse depends on many factors, including the owner’s budget, breed, age, and training. The cost also depends on whether this is an occasional recreational pursuit or becoming involved in competitive events. 

However, because there are so many variables to consider, I would recommend you contact your local farmer or veterinarian for their opinions before proceeding with any purchases. 

It will be worth the investment time-wise because you will know exactly what it will cost before making a purchase decision. 

Is it cheap to own a horse?

It depends on the level of investment. There are many different types of horses based on breed, color, age, and cost. 

The price range for horses can vary drastically depending on these factors. For example, a breeding rockfish (a horse) was purchased for $1 million in 2011, and so on. 


If you consider buying a horse in Ontario, this blog post has some helpful tips. We hope that these insights will help you find the perfect equine companion. 

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