I just posted this on a forum, after reading it, I thought you might find it an interesting analysis.
I have only raised one baby, here were my costs to get him to 3 years old:
1. Board. We did not have pasture board and she wouldn't have allowed it anyway. Babies get into trouble, into fences, etc., she felt he was safest up at the barn. He had a stall with a 20x100 run and another baby same gender next to him with two sets of hotwire in between him. He also got lots of human affection (he was pretty much wild first 9 months).They went out together 2-3 days a week for the day in the pasture. My board was $200/month. Included hay/grain. I cleaned the stall. Two years three months: $5400.
2. Vet. Having him gelded. $100. Accident free lunging in the round pen $400.
3. Halters. I bought 3 halters as he grew. $60.
4. Blankets. I was given one baby blanket, he wouldn't wear it. I was given another blanket for him as 2 year old, he wouldn't wear it either (luckily this resistance didn't turn into vet bill). But it would have cost $60. total $120.
5. Registration. I didn't get him registered on time. I was already a member of the assn ($55), but I got amnesty so instead of $400, it was only $200. If I would have done it on time $50 (I think). Plus $50 for the genetic testing. total$305
6. Shows. I took him to every show I went to (that had in-hand non-pointed classes). I think that is 5 or 6. Stalls plus classes around $600 (in addition to the other horses).
7. 45 days professional training after he bucked me off, I didn't know as much as I thought. $1050.
8. Transportation. I took him to some friends for trail training (I don't have trails). Gas $200.
9. Name tag for stall. $10.
10. Regular vet & farrier approx $560 for two years (I take them once a year for a good 'once over'.
11. Dental visit for wolf teeth (pending, but very realistic to get him on the bit). $80 (and that is cheap).
12. Purchase price $1500.
13. Board from 4 months to 9 months $100/mo. $500.
14. Stuff I am sure I forgot $500
He will never sell for that. But, would I do it again? There was so much learning involved with it, that I would have to say yes. When he came back from the trainer and she said 'Don't sell this horse, you will regret it. He is a once in a lifetime horse', I guess that made the blow to my checking account a little easier. He is, after all, my horse. I 'ordered' him by asking for a specific breeding. I had complete control over his care, his handling, his training, his feed. His mistakes are mine, his successes are mine and I am looking forward to our life together.
And you know what? He is a Paso Fino and doesn't gait (well at least not yet), so it is true, you don't always get what you pay for. He is going to be my dressage horse.