2. tending or threatening to break out into open violence; explosive: a volatile political situation. 3. changeable; mercurial; flighty: a volatile disposition. 4. (of prices, values, etc.) tending to fluctuate sharply and regularly: volatile market conditions. 5. fleeting; transient: volatile beauty. 6. Computers. of or pertaining to storage that does not retain data when electrical power is turned off or fails. 7. able to fly or flying. ânoun 8. a volatile substance, as a gas or solvent.
Responses to a horse-ownership survey from the University of Maine found that the average annual cost of horse ownership is $3,876 per horse, while the median cost is $2,419. That puts the average monthly expense anywhere from $200 to $325 â on par with a car payment.
The average fee can range from $45 to $120 a day per horse [source: Wharton]. Owners who race at major tracks can expect to fork over $34,000 a year in training fees [source: theracinggame.com]. Shoeing: Although horses don't wear high-heeled Jimmy Choos, the cost of keeping a horse in shoes is just as expensive. Shoeing can run between $100 and $400 a month per horse, depending on the type of shoe the animal needs [source: theracinggame.com]. Vet Bills: Horses get sick.