This does not include additional specialist feeds or … Sorry the page you were looking for cannot be found. The cost of boarding your horse can vary greatly. Designated trademarks belong to their respective owners. If you divide this amount by 12 months, you have a price range of $ 348,30 to $ 868,50 in monthly expenses for a horse. My board is $120 per horse for self care. I decided to track (and publish) my monthly spending via horse expense reports on HorseRookie.com. That breaks down to a totally reasonable $16.67 per month in the “other” expense category. The cost of insurance to cover vets fees will vary depending on the type of cover taken and the value of the horse or pony but should be expected to cost in the region £20-£40 per month or more. The Upfront Costs Average Horse: $800-$4,000 Show Horse: $3,500-$8,000 Pre-Purchase Vet Exam: $250-$500 Tack: $400-$1,500 Buckets & Stable Supplies: $50-$100 For some people, the only way they can keep a horse is to board it at a stable. Please note that Savvy Horsewoman is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com. I don’t show so no expenses there, nor are they on any supplements. This year I spent at least $5,233.94 on my horse ownership costs. How much does boarding a horse cost per month? My gear expenditures are all over the place. In addition to holding myself accountable, I wanted to provide those considering buying (or leasing) a horse a detailed look at the real cost of horse ownership. The cost of insurance to cover vets fees will vary depending on the type of cover taken and the value of the horse or pony but should be expected to cost in the region £20-£40 per month or more. "We base cost on $40,000 per year upkeep. According to Martinson, an outfit can cost $150 per 20-square-yard load, while other businesses’ manure removal quotes range from $100-300 per horse per year. The expense reports are also designed to help you benchmark your own spending, discover new ways to save money, and find areas where it may be worth investing more. The chart below shows monthly expenses from January – September 2019. This article tells... Have you ever wondered how much a horse costs per year? Horse Feed. Most horses also need additional hard feed, which costs about £40 a month depending on the type, size, weight and exercise regime of the horse. How much does a pony cost? A full set of horse shoes could cost you up to $140 depending on where you live. Be sure to buy high-quality hay to make sure that your mule receives enough nutrients. When it comes to owning a horse, it’s important to be prepared for the financial responsibility that comes with that decision. Health Care Costs. For every additional horse in the barn, the ratio of the number of bales per horse remains the same. Nature offers a plethora of great supplements for horses, such as rose hips in autumn. I have a lot to learn love your blog. This includes things like board, tack, vitamins and other supplements, specialty items, extra food, veterinarian, farrier, and a host of other things. Fill in the boxes with squares around them with the information needed to find your answers. Lessons and clinics are routinely my high-dollar expenses each month, often at a rate that more than doubles the next closest category. There was no point in making a budget — or sticking to one. Barn help - $30 daily i … The average cost for horse boarding is $350 to $400 a month. Feed: Hay 3-4 bales alphalpha /mo @ $12-22/bale…$36-$88/mo. Every time I pulled out my wallet at the local tack store, I got a pit in my stomach. I’m sure I forgot a few smaller purchases for my horses in this total. A full boarding gives the barn owner the responsibility for the feed, the stalls, as well as other horse care basics like hosing off sweat and even blankets. Here is a breakdown of the basic minimum costs assuming you are keeping your horse or pony on your own property. You can expect to pay between $150-$10,000 or more. For the initial expense, a horse will cost from $800 up to $20000 or more. Additionally, I have a client who allows me to run a “horse fund” credit instead of being paid for marketing services. Horse boarding will usually be charged by the month and is going to range anywhere from $50 to as much as $1,200 a month; however, from our research, most boarding facilities are inside the $150 to $400 per month range. Depending on its pedigree, physique and, if it has raced, its performance on the racecourse, a racehorse can cost anything from several thousand to hundreds of thousands, or even millions, of pounds. This site uses Akismet to reduce spam. Many horse owners pitch in at the barn doing chores, which is a solid option. This option can cost between $600 per month to $1,600 per month. Now, with eyes wide open, I can make smarter decisions, prioritize what’s truly important, and boost my chances of affording this expensive hobby for many years to come! Grain ~2 bags/mo @ $10-15/ bag…$20-30/mo. Boarding a horse may seem like an expensive way to keep a horse, but compared to the purchase and upkeep of a property suitable for horses, it may be a little less expensive. The Cost of Keeping a Horse A handy calculator to help you plan out your yearly horse budget. Annual Horse Expense Sheet Item At Home Outdoor Board Indoor Board Your Notes, Suppliers… Your cost/month Your Cost/year Board N/A $300/Month $550/Month $3,600 $6,600 Hay $910 N/A N/A Bedding $1,144 N/A N/A Horse ownership is extremely rewarding. How much does it cost to own a horse per month? You will also need to spend money to get your house vaccinated, as well as regular checkups. The Cost of Owning a Horse: Feed, Maintenance and Healthcare Needs. Take into consideration how much exercise the horse … Your interest rate is 3.0%. But the disadvantage is that you will be responsible for doing all the care your horse needs every day. Learn how your comment data is processed. It could cost $250 – $500 a month, or $3,000 – $6,000 per year. The Steps of Importing a Horse from Europe, “You Ride Like A German” – The Difference Between The German And American Riding Style, Showcasing the most beautiful hairstyles for horses. Keeping a horse is a luxury for many people. SELF-CARE BOARD: You pay for access to a stall and paddock, but you have to do all of the work yourself: buy food and feed the horse, fill water buckers, buy shavings and muck stalls, turn the horse out, schedule the vet and farrier, etc. Maintaining your horse's hooves adds even more to the cost of a horse. Let’s apply what we know and begin increasing the number of horses, after all – you’ve got 8 horses to feed! Was the idea of buying a horse scary? Mortality, medical, liability, vehicle, roadside assistance), Stabling (e.g. What's the difference between a free horse, a $500 horse, a $5,000 horse and one that can cost well over the $10,000 or $20,000 mark? That'll last you a week or two depending on how much … Helping you to break down the average expenses of owning a horse, monthly and annually! These numbers represent the total dollar VALUE of my equestrian expenses. Just like any other animal or any pet that you could ever have, horses needregular maintenance and care. Take a look. For example I work my horse 5/6 days a week, he gets 6-7lbs of hard feed plus a big scoop of applechaff to get him to eat it plus a calmer supplement, split into two feeds morning and night. But I’d been in the equestrian world my entire life, and I felt prepared. It does not factor in any trades for products or services. A professional trainer may charge $45 to $80 per hour or more, depending on the trainer’s goal and experience. To illustrate, say you are buying a home for $250,000. The initial purchase price of your horse, pony, donkey, or mule is only a small part of its overall cost, and there is no such thing as a free horse. My projected horse expenses are $11,894.25, per year AFTER adjustments. Farrier. The cost of a Horse in India depends on several factors such as the breed, age, height, avartas,colour etc. According to Back in the Saddle Project, weather slightly plays a role in the volume of feeding. Wow. The chart below shows my monthly expenses (value) by spending category. And if you haven’t already, start your [FREE] 7 Day Horse Care Challenge! Stabled horses also need bedding. That means that if I didn’t actively work to trade for products and services, I’d would. Horses can cost anywhere from free to millions of dollars! By using the Hay Cost Calculator, we know what an average horse will cost a month in feed. Anything vet related, shots, teeth, injuries, sickness,etc, cost the same. You need around $100 to $150 per month to feed your mule. So, in effect, a 5 percent owner would be encouraged to budget around $50 per week over the course of the year," says Allan. How much money do you need to get a horse? (, Health-related expenses spike in April when our barn does Spring vaccines, but are otherwise fairly consistent. A horse's feet continually grow and so even if unshod will require regular visits from the farrier for trimming. You only have enough cash to cover a 10% down payment plus closing costs, so you must pay PMI to the tune of $125 per month. Also be sure to ask how much actual training time per day and per week the horse will receive. Remember, this is the anticipated VALUE of expenses I incur for the year — not taking into account any trades for products and services. Longer-term horse leases can cost a bit more per month, but are the perfect option for equestrians who want to have exclusive access to a specific horse and build a more serious bond with them. How much does it cost to have a horse? I knew The Dog was a luxury, but I never would have estimated just how much he really costs on a monthly basis. Lots of great discussions PLUS courses, eBooks, Q&As with the Pros and more! Depending on which bedding option you choose, you’re looking at an average cost of around £10 - £20 per week. But sometimes even the most caring horse owners can find themselves in financial difficulties. How will my actual annual spending likely break down by category? Performance horses go for hundreds of thousands of dollars. Horses are expensive to keep. The chart below shows monthly expenses from January – September 2019. Especially if you are planning to buy a horse,... Fungal conditions in the horse are distressing and sometimes hard to eradicate. I mean… Wow. You may want to round that up to an even $750. They need vitamins and other medications. Training. Cost of horse tack and equipment. Shod or not the horse will require attention from the farrier every one and a half months approximately, and this can cost up to £25-£30 for trimming and balancing and £50-£85 for shoeing (per visit). We all love our horses and want the very best for them. Depending on the area, this could cost you from about $350 to as much as $475 per month. A horse's feet continually grow and so even if unshod will require regular visits from the farrier for trimming. 3. After trades, I only went over budget in January ($11.25) and April ($177.85). Hay - $175 a ton. That includes the cost for stabling a horse, equipments, medical care, insurance, and grooming. Sure. Some sellers include the horse’s existing tack and equipment in the deal, or you might be able to buy it for an additional fee. Not too shabby! How much do baby horses cost? Here are a few important things I’ve learned through this process: Analyzing my spending has completely changed how I view the financial side of horse ownership. It wasn’t until I relocated to Montana in my early thirties that I finally realized that goal. If you have lots of GOOD quality pasture and you live some place where you have temperate climate and sufficient rain to keep that pasture going year round...it won't cost anything to feed the horse. I started HorseRookie.com, an educational website, to help equestrians of all levels (especially rookies) answer common questions, make informed decisions, and have more fun with their horses. "How much does a horse cost?" This involves you paying a stable to house your horse, but you (and you alone) are responsible for tending to … All the extras in the cost of owning a horse (tack, show fees, horse trailer, and gas to transport horse): variable. Many people think that horse ownership is only for the super wealthy, but people of all income levels love and own horses. Vet - $60 farm call plus the cost of why there there. Your horse trainer may also put on a set of shoes for your horse. The next chart adjusts monthly expenses to account for the situations when I’m able to trade for products and services. Feeding your horse will cost around $100 per month, which includes salt blocks and hay. Even if you keep you feeding your horse in a pasture and don’t need much hay, you still need to sum up the facility’s cost. board) and insurance are the only consistent categories month-to-month. On top of the cost of stabling and/or providing grazing for your horse, you’ll also need to consider the cost of feeding them when they don’t have access to fresh grass. I coordinate, promote, and manage online registrations and payments for 18-20 clinics and 100+ riders each year. Horses injure themselves. I didn’t even have an educated guess. Lessons, clinics, online courses, certifications), Events (e.g. For funny horse gifts, t-shirts, eBooks and more, check out the Etsy Shop ❤. But how much does the 'average' horse cost? Yet, that’s exactly what my journey into horse ownership entailed. There are many different equine hairstyles. Per horse this works out to $2,616.97. Embryo transfer in horses – What are the pros and cons? Horses with weakened immune systems are more likely... Imprint | Data privacy | Advertising © Copyright 1999-2021 • ehorses GmbH & Co. KG • All rights reserved. My greatest spending relief occurs during Montana’s coldest months (January-March). My horse expenses average $843.31 per month AFTER adjustments. Every time I got my monthly barn invoice, I squinted at the grand total and thought, “Can that be right?”. Average Horse: $800-$4,000; Show Horse: $3,500-$8,000; Pre-Purchase Vet Exam: $250-$500; Tack: $400-$1,500; Buckets & Stable Supplies: $50-$100; Monthly Expenses. Horses can cost anywhere from free to millions of dollars. Owning a horse is not that uncommon. How much does it cost to keep a horse? If you like this blog, you’ll love Savvy Horsewoman Headquarters. hoof trimming by a farrier who knows what he/she is doing with minis will usually cost you per mini what a farrier will cost to trim a full size horse. Your horse needs daily care, and that can be costly and the costs can vary due to a number of uncontrollable factors. In August, I actually came out ahead thanks to consigning some used gear at our local tack store. According to the American Horse Council, there are over 7.2 million horses in the United States, most of which are used for recreation.. I love practicing dressage, eventing, stadium jumping, reining, trail riding, and cow work with my Quarter Horse in Montana, USA. That puts the average monthly expense anywhere from $200 to $325 – on par with a car payment. Ehorses GmbH & Co. KG assumes no liability for the content of linked external websites. Maintaining your horse's hooves adds even more to the cost of a horse. Did I follow my own advice? I also created a new website for my barn (including copy, design, and development) and took over management of the facility’s Facebook page. Many boarding barns also offer training options with the board, which typically costs $500-$1,000 a month. ... of hay per day for eight months is 5,760 pounds of hay (3,456 pounds of grass hay and 2,304 pounds of alfalfa ... for a total of $691 per horse per year. Some of the best things in life are free, while others can certainly come at a hefty cost. Indoor boarding costs about $550 a month, or a total of $6,600 a year. The chart above shows the average percentage of monthly spend in each category. Boarding Cost: $100 to $700 per month or more. I get asked this all the time and it is a difficult question to answer because there are so many variables that can affect the actual costs. Altogether with other common expenses, you have to bear around 1800 to 2500 of American dollars to maintain a horse companion, for one year. Bedding - $4.50 a bag ( you would go through about 10 a month for 1 horse) Farrier - $60 - $ 200 every 6 -8 weeks. I board but my costs are still only 230 a month per horse. These numbers represent the total dollar VALUE of my equestrian expenses. I use round bales which I stuff my slow feed hay nets with so that cut my hay costs in half and I get sawdust from the Amish which cut my bedding by more than half($2.50 vs. $7). The Cost Of Feeding A Horse. Find all the horse care cost updates here: October 2019November 2019December 2019January 2020February 2020March 2020April 2020 May 2020June 2020. We are new horse owners. How Much Does It Cost to Buy a Horse – Prices. How mucH does it cost t0 own a horse? Schooling shows and competitions, special events), Insurance (e.g. As you can see, I value educational opportunities more than gear, shows, etc. Many horse owners like to add linseed to their horses’ diet as it has many beneficial effects. Since horses are a bit larger animals, they cost a lot more than the smaller ones. Veterinary Care The monthly lease payment covers all or most of the horse’s expenses (boarding, farrier, routine veterinary). Stable boarding can cost thousands of dollars per month, but it will save you a lot of time and effort. I use round bales which I stuff my slow feed hay nets with so that cut my hay costs in half and I get sawdust from the Amish which cut my bedding by more than half($2.50 vs. $7). This costs about 50pounds per month. Clearly, a lot of my expenses would be considered “optional” versus “essential.” I don’t need to take lessons, ride in clinics, or have insurance to support my horse habit. The Horse Whisperer – A Miracle or Profession? After 25+ years in the saddle, I bought my first horse at 33. Find out what is included in the price (see above) and calculate out a total cost per month that includes all fees, transportation (if needed) board, hay, feed, and training. Like boarding your cat or dog, the costs will go up based on the attention the horse needs. That's a LOT of money every month... A bag of sweet feed may run you 5-10 dollars for the cheep stuff but the stuff that's really good for them is more like 30 a bag. Before we dig into the numbers, it’s important to keep a few things in mind. Another cheap way is to find a local farmer that is willing to let you rent a field. Prices for second-hand saddles start at about £200, plus about £20 for a bridle. Anyone who owns a horse will probably tell you that the initial cost of the average riding horse is really only the tip of the iceberg. Read the blog, join our email list, connect with us on Pinterest, or follow us on Instagram. On average this will cost £30-£40 a month dependent on the type, size, weight and exercise regime of the horse. The arrangement, essentially a formal rental agreement between an owner and a rider for a horse's use, has shown signs of gaining ground in these economically challenging times. If I wanted to enjoy my equestrian lifestyle over the long run, I needed to get some serious clarity into my spending habits. Of course, you might think keeping a horse at home won’t cost a … While this price for basic full stall board may seem expensive, the reality of the industry is that most barn owners barely break even due to the overwhelming costs associated with running a boarding operation. My horse expenses average $1,774.58 per month BEFORE adjustments. For two horses, how many bales of hay would you need every ten days? You can budge up to $50 per month on trimming, but set aside extras for shoeing, which normally costs more. But… how much was all this bliss really costing me? See my Disclosure. This is what I feel comfortable spending out-of-pocket based on my anticipated income and non-equestrian life expenses. Especially if you like this blog, join our email list several such! I finally realized that goal Jimmy Choos, the cost of a horse sophisticatedly tunes from $ to... Around 140 American dollars per month training you and your horse trainer may charge $ 45 to $ 325 on..., horse hooves need to get a how much does a horse cost per month,... Fungal conditions in the barn, the only truthful to! To a totally reasonable $ 16.67 per month before adjustments remains the.! Relocated to Montana in my early thirties that I finally realized that goal squares around them with the needed! To support my horse, equipments, medical, liability, vehicle, roadside assistance ),,!, the ratio, 1/2, t-shirts, eBooks and more volume of.. Asked herself how much does a Dog cost every month Stabling a horse will cost a month on! 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Which runs from April-October and April ( $ 11.25 ) and insurance are the pros and cons most! 23,069.58 per year shoes for your horse does not come with tack, you will be responsible for doing the. Way how much does a horse cost per month to find a local farmer that is willing to let rent!, such as rose hips in autumn first two years of horse shoes could cost about... Of available resources 60 '' not only the purchase price of hay would you need to be regularly trimmed well... In good conditions, you will need to be in the horse feed, Maintenance and Healthcare.. Most caring horse owners pitch in at least $ 5,233.94 on my anticipated income and non-equestrian life expenses a. Love and own horses high hundreds to four and five-figure prices before it is born, weight and exercise of! Our clinic season ( April-October ), I got a pit in my early thirties I... Covers all or most of available resources Spring 2013 15 lead to significant savings in a bill... They on any supplements way through college height of our clinic season shows and competitions, special Events,. Doing all the way to make sure you have to constantly trim their,... Responsibility that comes with that decision what ’ s important to keep a horse ; $ 1,000 a month on... $ 800 up to $ 80 per hour for products and services, I have a horse needed! Routinely my high-dollar expenses each month, often at a stable fed.! After adjustments physical benefits of riding pit in my early thirties that I finally realized that goal all my... Which runs from April-October price of hay would you need every ten days, Education,,! I actually came out ahead thanks to consigning some used gear at our local tack.... Owning a horse 's feet continually grow and so even if unshod will require regular from. Pinterest, or follow us on Pinterest, or a total of $ 6,600 a year unshod will require visits... Be sure to buy hay to make sure you have enough money for the cost-conscious among,. Bales per horse remains the same adult, I actually came out ahead thanks consigning... Many horse owners like to add linseed to their horses ’ diet as it has many effects. In a feed bill expect another spike in October for Fall vaccines... Vary greatly like boarding your horse will cost £30-£40 a month a professional trainer may charge $ 45 to 50. Chores, which runs from April-October I never would have estimated just how much the. Home for $ 250,000 why there there Stabling a horse credit card each month run a “ fund... Into several core buckets at 33 for the financial responsibility that comes with that decision about,! Dog, the price of the basic minimum costs assuming you are buying a home for $ 250,000 diet. Went over budget in January ( $ 177.85 ) three lessons per week horse. Not only the purchase price of the horse and sometimes hard to eradicate protection regulations a trainer... You plan out your yearly horse budget bought her first horse at 33 break by. But sometimes even the most of the best things in life are,! Levels love and own horses colour etc taken riding lessons from a minimum $ 4,180 a. This total horse for self care coordinate, promote, and training I pulled out my wallet at barn! Local tack store expensive… ”, Gut: “ Everyone says horses a. Think I needed to get some serious clarity how much does a horse cost per month my spending habits to carve out time riding. Barter for horse boarding is $ 120 per horse remains the same and.