Realistically how much does it cost to own a horse?
 
 

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Realistically how much does it cost to own a horse?

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        10-19-2013, 11:55 AM
      #1
    Foal
    Realistically how much does it cost to own a horse?

    Ok so I know that I won't be able to afford a horse for a long while yet (i'm a final year uni student so you can imagine my income is pretty much non-existant) now it has always been my dream to own a horse (or a few) and i'm just wondering what is the rough price range for looking after him/her

    I know that the inital costs will vary slightly as each horse will be priced differently (much like cars etc.) so I want to focus more on the maintance costs. Things like, hay, a barn, tack, liveraly (spelling?) you name it

    I'm just curious is all, cos I have this notion that if you own a horse you are rich, although according to most people you don't have to be wealthy to own a horse.

    Background info if it helps:

    Riding Expierance: Beginnger - so would still need to take lesssons, however I can walk and trot without a leader

    Also side note: is it possible to hire a personal riding teacher, just wondering if they exist anymore, I mean one that would come and give lessons on my horse should I own one
         
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        10-19-2013, 12:17 PM
      #2
    Green Broke
    There are always people that will come to you for lessons.

    If you have your own land, you can get by with something to block wind, in warm climes, or go all the way up to a couple of stalls, tack and feed room. How fancy depends on you. Many lumber yards build run in sheds, and deliver them. 1500 is about what I figure, if you have to have one built. I've had one done for 800, but was 8x12 and no interior plywood on it.

    If land is not fenced, then will have to do that.

    And if you are going to have to feed and hay daily, then one horse will go through a bag of feed each week by itself. Cost will depend on how good a feed you use.

    Hay takes about 15 small squares a month, at various prices.

    If you have pasture, then you will not have to feed more than likely at least 6 months of year at minimum.

    Shoeing/trimming 40 or so for trim, 60 and up for fronts only. Again, depends on area.

    Shots 50 or so each horse per year if given by vet. De-wormer 5-20 dollars each time, and if have vet do fecal, factor in vet visit.

    Figure to spend at least 1500 to get started with barn, any fencing needed will factor in more, feeder or troughs.

    For horses on pasture, you could get by with little to nothing except for farrier, during those 6/8 months.

    Months you will have to feed will cost you at least 150 a month, for hay and grain.

    Water and electric will also have to be factor, as if you have to have heater it will cost electricity, and city water will cost too.

    You will probably be able to have one horse, on your land for 150 a month, averaging costs out for 12 months. Maybe less, maybe more.

    And don't forget that land will have to be kept up, so grass is good.
         
        10-19-2013, 12:19 PM
      #3
    Weanling
    It really deponds upon so many things. Here are my expenses broken down:

    Hay - Since I do my own, I recoup costs from selling other hay. So basically just labor. If I purchased it at the price I sell at I would spend about $300 on hay.
    Grain - $60-80 a year. I have a pony who is an incredibly easy keeper, she gets two cups of grain in the summer and three in the winter with decently heavy work. If no work she gets less.
    Farrier - $120 a year. $30 a trim, she works on pavement a lot so I only need the farrier out once every three months or so, plus I rasp them myself and that helps.
    Board - I keep her at my house so no board costs.
    Vet - $100-200 a year, depending up if she needs floated or not. I so far have only had one major incident with her and I took care of it on my own, sugar and honey.

    In total I spend $280-$400 on her for necessities.

    But I have spent well over a thousand or maybe two (I try not to keep track.. haha) on tack, brushes ect.
    I expect my cost to go up in about a year, as I will need to board her when I move out.
         
        10-19-2013, 12:24 PM
      #4
    Foal
    Should have pointed out that i'm from the UK so if possible put the prices in rather than $, my bad :P

    So lets say after uni I rent a flat and have a full time job (nothing fancy maybe just working at a shop) would I be able to afford a horse and able to pay a yard to look after him/her assuming i'm on min wage (Which is about 6.21 per hour ish for over 21's so that equates to $10.04 an hour)
         
        10-19-2013, 12:27 PM
      #5
    Foal
    At my barn they charge 450 a month all inclusive so all you have to spend extra is farrier and vet so about 500 a month, but another barn in town charges 850 and that doesnt include wormers and such so that makes it way more pricey
    Posted via Mobile Device
         
        10-19-2013, 12:38 PM
      #6
    Trained
    Regardless of where you live, if you want to keep expenses low, look for a "low maintenance" horse by looking at its diet and feet. Simple diet (grass/hay) horses with good feet will keep you from giving all your money to your vet, farrier, and feed store. Also, learn and do as much as possible yourself, e.g. Learn the difference between what "doctoring" you can do youself and when you really need a vet.
    Posted via Mobile Device
         
        10-19-2013, 12:41 PM
      #7
    Yearling
    I just converted everything so it would be easier, and keep in mind I'm in the United States so somethings might be different/priced differently. :)

    Outside board which includes hay, grain, pasture, but NO stall: is approximately 202 euros.
    Vet care (I rarely have the vet out but I always keep some saved in case I can't do the care needed): probably around 219 euros.
    Tack and equipment: I go cheap, quality stuff. I got my english saddle used, in excellent condition for about 74 euros. The only thing I had to forego was the brand name but hey, I can live without that. If you look around for good deals you'd be surprised at how much you can save.
    Farrier and wormer: about 66 euros give or take on the season
    As for the private lessons, there will always be someone who will come out.

    I am far from rich (and in college to boot), and before my family was helping me out I could afford her on about $8.00 pay. So about 5.84 euros (man I hope I'm doing these conversions alright, I'm going to feel really stupid if I'm not....). The best advice I can give is to be realistic with your money and give up what you have to, also don't be afraid to gain basic vet knowledge to treat minor things, and enjoy. :)
         
        10-19-2013, 12:48 PM
      #8
    Foal
    Quote:
    Originally Posted by PaintHorseMares    
    Regardless of where you live, if you want to keep expenses low, look for a "low maintenance" horse by looking at its diet and feet. Simple diet (grass/hay) horses with good feet will keep you from giving all your money to your vet, farrier, and feed store. Also, learn and do as much as possible yourself, e.g. Learn the difference between what "doctoring" you can do youself and when you really need a vet.
    Posted via Mobile Device
    Is ti a safe assumption that when I come to getting a horse, assuming I still don't know that much about horses to take someone who know thier stuff with me?
         
        10-19-2013, 12:48 PM
      #9
    Trained
    Quote:
    Originally Posted by Tomsta    
    Is ti a safe assumption that when I come to getting a horse, assuming I still don't know that much about horses to take someone who know thier stuff with me?
    Absolutely
    Posted via Mobile Device
         
        10-19-2013, 12:54 PM
      #10
    Foal
    Quote:
    Originally Posted by PaintHorseMares    
    Absolutely
    Posted via Mobile Device
    Did think so, learnt that from playing gutiar ... this will be several years down the line though, hopefully when I get a job I can still do riding lessons, if get to go to the same riding school I went to last year that will be even better (assuming I can get a job and a place to live up here where my uni is)
         

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