Cost information Question
   

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Cost information Question

This is a discussion on Cost information Question within the Horse Talk forums, part of the Keeping and Caring for Horses category

     
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        11-13-2009, 01:53 PM
      #1
    Foal
    Cost information Question

    Hi:
    Can anyone help me with the cost of keeping a horse please? I've got a husband who says it costs too much to keep one.

    Here is my situation:
    We have 100 acres of pasture, all fenced, with a couple of natural ponds, and lots of trees for shelter.

    I am in Canada, and I don't know if costs are different here than in the US, but I'd appreciate any help with a simple financial breakdown.
    I'm thinking of wintertime here when I'd have to give her/him hay, as well as farrier costs and any vet expenses that need to be done on a regular basis. Any other expenses that I'm not thinking of?
    We don't have a barn, but the horse I wanted to get is used to being outside all the time.
    I'd eventually want to build a shelter, but we won't talk about that right now. LOL

    I just need the basic costs involved. Thanks in advance.
         
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        11-13-2009, 02:08 PM
      #2
    Weanling
    These are my approximate costs...I'll break it down to the "per horse" detail:

    Farrier - $25/trim, 8 times a year
    Grain - $30/bag, 7 bags a year
    Hay - $2/bale, 300 bales a year
    Wormer - $10/tube, 8 times a year
    Vaccinations - $25/vaccine, 2 times a year
    Vet - $100/visit, 3 visits a year
    Equipment/Tack - $50/shopping spree, 5 sprees a year
    Lesson fees - $40/lesson, 5 lessons a year
    Trailering/Gas - $50/trip, 10 trips a year
    Association/Club fees - $25/club, 3 clubs
    Show fees - $50-$500/show, 10 shows a year
         
        11-13-2009, 02:15 PM
      #3
    Started
    Hay- $4 a bale, about 4 good sized flakes a day (each bale may have different sized/ amount of flakes)
    Grain- $16 a bag, 2 bags a month (pellet 12%)
    Farrier- $35 trim, $75 front shoes $100 four shoes (every 4-8 weeks)
    my mare needs a sedative everytime,
    costs about $45-90 depending on how much we need, YIKES!!
    Vet- once a year regular visit ($120)
    Teeth float- $30(vet)-$300(specialist dentist)
    Extras- I budget about 30 or so month for supplements and supplies I
    need to use or buy.

    You definitely need a shelter before you buy the horse. So that is a relevant cost. Not to expensive to make yourself. P.s. Horses are herd animals so it will need a companion. If your riding you need to deside if you want a ring ect. You also need tack, grooming and medical supplies.
         
        11-13-2009, 02:37 PM
      #4
    mls
    Trained
    You are going to need answers from your Canadian neighbors.
         
        11-13-2009, 06:02 PM
      #5
    Foal
    Re: Cost information

    Thanks for your replies, it gives me an idea of what to expect. I would love to hear from you Canadians too, if you care to share.

    I've been looking at the price of hay here and it varies, but a 500lb bale of high quality this year's first cut hay is selling for $20. Per bale. I'm not sure how long one of those bales lasts.
         
        11-13-2009, 06:39 PM
      #6
    Started
    Big bales are not a good choice if you have 1-2 horses. The quality isnt always the best, and unless they are in a barn they will get moldy. If you have only a few horses they probably wont eat it fast enough before it goes bad.
         
        11-13-2009, 07:12 PM
      #7
    Trained
    Agreed on the big bales to a degree. I feed large bales (800lbs) and I only have two horses. BUT I keep the bales under shelter so they don't get wet. So I don't have big issues with mold.

    You need to count on 2-3% of each horse's body weight in hay per day during the winter and summer drought. More when it's colder. So if you have 2 1000lb horses you need 40-60 lbs of hay a day minimum in the winter. Ideally you would want them to have free choice in the winter. Especially if you are not bringing them inside at all.

    You need to have some sort of shelter for them. Not a barn per se. But a three sided shelter with a roof, so they can get out of the wind/rain/snow. I live in MN and I wouldn't leave any animal outside in the dead of winter without shelter. My horses live outside 24/7, they have a shelter, and are not blanketed and they are just fine. So you definitely don't need a "barn". Just a shelter and somewhere to store hay.

    The other expenses will vary widely by your area. Hopefully some Canadians will see this and be able to give you a better idea.
         
        11-14-2009, 05:37 AM
      #8
    Foal
    There was a recent television program that aired. Their model was based on owning a horse and having to board it. It calculated everything and basically said that if you purchase a horse and raise it to the good old age of 20 years it will cost you a half-a-million Francs Swiss or using today's exchange $500,000.00 USD. So, as most things cost about twice as much here, for my US friends, cut that in half and let's say around $250,000?
    Thoughts on this?
         
        11-14-2009, 06:53 AM
      #9
    Green Broke
    With 100 acres of pasture and the price of hay that you mentioned, your biggest costs are going to be the vet and farrier. If you find your local costs for those, you'll be close....and you can save a lot of $$s by giving all the shots you can yourself, and with a good hay diet, lightly worked horses need little or no feed, and many rarely need anything done with their teeth.

    Cost comparisons are hard to make across geographies, but for what it's worth...We have a small place so our mares have free choice hay (so this is the bulk of our cost), we give shots/wormers ourself, I trim them myself, the vet does yearly rabies/coggins, and our total expenses work out to a little less than $5/day/horse.
         
        11-14-2009, 07:17 AM
      #10
    Yearling
    Grain/hay $ 40 a week (its triple crown so its pricey)

    Tube of Wormer- $8 to $15

    Not sure how much the yearly check up and vaccinations are because they just add it to our tab (mom works there)

    Farrier-30$(barefoot trim) for each horse every 7 to 8 weeks depending on hoof growth. (He's a family friend so that's an $$ advantage)

    You already have the fence so that's a plus+

    We personally hold onto 200$ every month in case something happens and we need the vet to come out in an emergency (you pay upfront or he wont see ya)

    Horses do not necessarily need another horse to be happy.They are very well capable of being the only horse around.IMHO they will be more focused on you instead of what their buddy is doing back at the barn.
         

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