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Horse Owning Costs
Monthly/Yearly?
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Want to answer more questions in the Domesticity category?
Maybe give some free advice about: Pets?
Hay and feed prices vary throughout the US so it would depend on where you live. Are you keeping the horse on your own property? I just read somewhere that the average cost per year, per horse is about $4,000. However, horses seem to crop up with emergencies frequently..one colic surgery could cost that much easily, so it would be best to have savings for those types of things.
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Here are rough estimates of horse ownership costs, not including any training/lesson/showing fees. Prices vary depending on your individual horse's needs and your location.
Boarding (should include feed, bedding, & various other services depending on the barn) - $150 - $2000 monthly.
Farrier - new shoes/feet trimmed around every 6 weeks, $25 - $200
Wormer - around $15 every 2 or 3 months
Vaccinations - rabies, tetanus, equine influenza, and rhinomune, $95 yearly
Teeth Floating (filing them down) - $75 yearly
Misc. Vet Bills - you'll want several hundred dollars set aside for this.
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There are a lot of annual expenses, it cost me $8,000 to $12,000 a year roughly to keep a hobby horse. That means, one that is NOT for showing. If you intend to compete or do clinics, add another $3,000 to $5,000 to that for trasportation, entry fees, groom fees, and proper attire.
Of course, many expenses, like hay and vet costs, will vary tremendously based on where you live. I live in an area where boarding a horse is very pricy, you might get a better deal in your part of the world.
Here a few good sites that will break it down for you:
[Link](Mouse over link to see full location)
If you live in the UK use this one [Link](Mouse over link to see full location)
The very best thing you can do it talk to people you know about horse ownership in your area. They can give you the best idea of costs and options in your area.
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