How much would a prize horse cost in the year 1930?

In 1930, the price of a prize horse could vary widely depending on the breed, training, and pedigree. Generally, a well-bred thoroughbred or racing horse could cost anywhere from $500 to several thousand dollars, while show horses and other competition horses might be similarly priced. However, average working or farm horses were typically much less expensive, often ranging from $100 to $300. Overall, the cost reflected the economic conditions of the Great Depression, which affected the livestock market.