Average cost to keep a horse per month? - Page 3 - The Horse Forum
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post #21 of 24 Old 02-22-2020, 08:47 PM
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This isn't really helping, but I pay about $200 - $250 a month for 2 horses because we own a barn. I buy hay once a month or maybe every other month for $175, and $200 every other month for grain. Plus $40 each for the farrier.
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post #22 of 24 Old 02-22-2020, 09:07 PM
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When my kids and I were just getting into horses I asked Bull a cowboy friend of mine how much it was going to cost to maintain our horses. He said " Bennie, have you ever really looked at horse poop? It is green because they eat $20 & $50 bills!" Bull wasn't too far off. Never underestimate how much a cowboy knows!
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post #23 of 24 Old 02-23-2020, 02:02 PM
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If you keep horses at home and on pasture, a lot of your cost is capitalization -- up front for barn, trailer, truck to pull the trailer, garage to protect the trailer, fences, arena, footing, etc etc etc but then after you account all for that it's "cheaper" because the daily labor -- most of the cost of boarding -- is yours.

My monthly expenses are hay in winter (which is long in New England), bedding, and some hard feed, mostly in winter because they need extra calories in the cold. Then barefoot trims every eight weeks or so. Routine vet spring and fall.

Hay here is $4.50 to $5.50 a two string bale (about 45 lbs or half the size of a western 3 string) for local grass hay. Trims are $60 per uncomplicated horse.

But nothing is routine about horses, frankly. You never know when one is going to try to die on you.

Full board here is $550 and up, mostly up. $1100 isn't off the chart here. For one thing, everyone stalls their horses in the winter, and an indoor arena is kind of a must if you offer board. That's different than turn-outs with shelters, and an outdoor arena, as all but the fanciest places in the west do.
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post #24 of 24 Old 02-23-2020, 05:33 PM
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Join Date: May 2015
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I teach a few riding lessons on my horses, so I keep up with every little expense just in case Uncle Sam thinks I'm making money.
In 2019 I spent exactly $6,826.37 on feed, vet, farrier, feed, hay, supplies, feed, and insurance. That's the total for four horses. I own the barn. I own the grass. Even when I feed hay during the winter, there's always some green grass. The horses are out 24/7, so I don't buy bedding. None of them wear shoes. My vet's office is 3 miles away, so I don't pay extra for farm calls. Last year, I had no unexpected emergencies, although I have a huge emergency fund in case I need it.

I was surprised the total was that low. I don't think that number is reasonable for most horse owners. I have four healthy easy keepers on 10 acres of grass. Please don't use my numbers to try to convince your parents to buy a horse!


For anyone who's interested:
Farrier ($45/horse, approx every 6 weeks) = $1440
Vet (yearly stuff, 2 needed teeth done) = $1126
Insurance (liability) = $1318
Hay (picked up from the field) = $450
Feed (mostly ration balancer from Chewy) = $1669
Misc (tack, grazing muzzles, medicines...) = $800 ish
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