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How much does it cost to keep a horse?

This is a discussion on How much does it cost to keep a horse? within the Horse Talk forums, part of the Keeping and Caring for Horses category
  • What is the average monthly cost of keeping a horse in essex
  • How much does it cost to own a horse

 
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    05-31-2009, 02:00 AM
  #11
Foal
Quote:
Originally Posted by crystal drops    
Hello
I am interested in buying my daughter her first horse and wanted to know the average cost of keeping one eg feed,bedding,worming,shoeing etc...
If anyone could help i'd be very grateful.
Thanks
Are you in Essex UK?

If so DIY is cheapest but you will have overall responsibility for the pony and will do all the work including cold winter mornings! I would say the average price is around 20 for a stable and field. Hay depends on the area you live in, possibly around 8-12 a week. Bedding - straw is cheapest usually around 2-3 a bale, shavings are a lot more, last year I paid nearly 10 a bale.

Part livery is about 40-60 per week depending on what is included. Full livery could be from 60-120 a week depending on what is included and the yard facilities, where it is etc.

No matter what type of livery you go for insurance, farrier, vet fees and worming are all extra. Wormers are about 15.00, shoes could be anything from 45-75 a set.
     
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    05-31-2009, 01:17 PM
  #12
Foal
Thanks for all your replys they have been very helpful. Yes my daughter has been riding for two years now and I also have three other children who ride. One who has been riding for quite a while now and is going to be entering in dressage soon with one of her instructors horses. Im in england so prices will be very diffrent from the figures your giving me but still have giving me an idea.
Will let you know how I get on.
Thanks
     
    05-31-2009, 01:22 PM
  #13
Foal
Yes I am in Essex, thanks for your input im still looking around but im leaning towards full livery as when I add it all up per week including traveling cost back and forth 2-3 times a day it works out almost the same
     
    05-31-2009, 02:39 PM
  #14
Yearling
Heres my monthly cost chart for ONE healthy horse (I have three).


Feed-
1 bale hay per day, 7 per week = $21
4 pounds Purina Strategy per feeding. 8 pounds per day. Roughly 1 bag per week. = $13

Boarding -
$50 rent
$30 water
$25 power

Upkeep -
$60 shoeing, trim
$250 Vet, includes shots, teeth, sheath cleaning
$20 wormer

Overall:
With vet/farrier/wormer = $469
Without vet/farrier/wormer = $139
With x3 = 1,407
W/o x3 = $417

January tends to be my most expensive month, with shots and all. Otherwise, the overall cost of keeping my boys is rather inexpensive if you compare it to really good stable boarding.
My actual costs are sometimes slightly less than what I put, depending on the water/power bill each month. And if they get access to pasture or not. With daily pasture turnout, I feed 2 bales hay every 2 days (they only nibble for the sake of nibbling, really) and 2 bags Purina per week.

Granted, I have to do all the work myself (feeding, training, property upkeep, etc.). But it's enjoyable work.
     
    05-31-2009, 04:32 PM
  #15
Started
That depends on what kind of horse you want, where you live, etc.

If you board, the monthly fee could be anywhere from about $150 to over $1,000. It's super expensive if you live on the east or west coast, even if it's just pasture board. It's not too bad in the Midwest, though (about $3-400 for full board).

Then you have yearly shots, coggins, and basic check-ups, plus unexpected vet calls. That cost really depends on the vet. For hoof care, a trimming is about $35, and if you want shoes, it's about $70 every six weeks (at least where I live). I pay $4 a bale for hay, and $10 for 40 pound bags of pelleted feed. Deworming paste is about $12. Then you need tack, and that depends on a whole lot of things. Used tack is usually a little cheaper. Along with brushes, lead ropes, fly spray, and the basic accesories you'll need.

Then you have the horse itself, and in this economy, you can find nice horses for next to nothing. If you want a beginner-safe, well-broke horse, the ones around here are upwards of $1,000.
Hope this was helpful. :)
     
    06-01-2009, 01:56 AM
  #16
Foal
Well, it's just my opinion, but if I had a daughter who's riding for only 2 years now, I wouldn't buy her a horse. I don't know how old she is but it doesn't really matter because there's always the possibility that she loses interest in the horse.

I started riding with my 2 cousins when I was about 10 years old and the longer we took lessons the more we wanted our own horses... thinking back now, I'm really happy that our parents did not buy horses for us, because my 2 cousins lost interest in horses and riding years ago and I myself had to pause riding for 3 years because I simply had no time for it (school, university, job, ...). After starting to ride again some years ago, I bought myself a horse just last year. After having a fix job, a regular income and AFTER thinking it over and over again until I was definitely sure that I was ready for it.

To own a horse is a big responsibility and as someone already mentioned, there's more to it than just going for a ride a few days a week.

If I were in your situation, I would suggest to my daughter to lease a horse for at least some years. Maybe a horse where the owner has very little time so it would be like her own horse. Then she can see if she likes this or if it's too much for her and she loses interest again after a year or so.

Anyway, back to your question, here are my costs:

One-time costs:

Horse: 3000€ (depends on what kind of horse you buy ... prices are open end)
Vet-Check: 50€
Transport-Costs: 20€ (usually more, but this was a friend driving for us)
Saddle: 400€ (not including stirrups and cinch)
Bridles (I needed 2): 60€ + 30€
Bit and Hack: 40€ + 25€

I already had things like halter, lunge line, brushes, hoof pick etc.... if you don't have those things this will add to your costs.

Ok, now some regular costs:

Boarding: 220€/month (includes everything you could think of, as this is a small private stable owned by a friend of us... only thing we don't have is an inside arena)

Vet: depends on which vet we call and what they have to do, but around 50-80€

Farrier: also, depends on the farrier... usually 30€ barefeet and 50€ for shoes on 2 hoofs.

Also you should always save some money for extra vet costs... Lucky already had a colic twice during the past year... the vet cost 120€ and 150€ (2 different vets). If your horse injures itself severly and has to be taken to a clinic this could end up in a huge vet bill!
     
    06-01-2009, 11:13 AM
  #17
Foal
I would agree to make this a very educated purchase. Despite the figures you are getting here, always expect the unexpected. My horse needed colic surgery this fall and had lots of follow-up vet care after. In total this colic incident cost about $8,000 with medical insurance covering only $3000 that left me with about $5000 in vet bills. Horses are not cheap and you do have to make a lot of sacrafice to keep them.

I always wanted my own horse when I was younger but my parents didn't know anything about them and decided lessons were enough. I bought my first horse as a young adult and never looked back, but my parents were too afraid I'd lose interest, which I kind of did through high school.

When you have a horse, the entire family has to be on board and supportive because the cost of keeping one will impact almost anything else you want to do. I just hate seeing horses end up unwanted because the kids lose interest or want to get into other sports...its the horse that suffers.

What ever the expenses you figure for board, care, and upkeep of a horse...double it. I have had horses for years now and I still get suprised with unexpected injuries. Hope everything works out for you and your family. You can also consider leasing a horse for a little while. This way you get more of an idea of taking on the horse responsibilty without a ton of risk. You'll also have a better idea if everyone in the family stays as passionate about riding and all the work that comes with having a horse =)
     
    06-01-2009, 12:33 PM
  #18
Green Broke
The cheapest part of owning a horse is buying it.
     
    06-01-2009, 12:36 PM
  #19
Green Broke
Boy you said it RC!
     
    06-01-2009, 12:44 PM
  #20
Yearling
I would really look into leasing, if your daughter is young she may be growing and if you buy she could outgrow, if you buy a horse that is too big or spririted for her right now it could make her lose interest. I don't know about your area but here where I am lots of people are happy to free lease a nice horse since you then pay all the boarding/etc. The good thing is you can return the horse/pony when she outgrows it or moves up to a new discipline/etc. Just a suggestion. Good luck!
     

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