Join Date: Aug 2009
Location: New South Wales, Australia
There are lots of factors regarding horse costs. A lot of the people who have posted on here are from the US where horse ownership tends to be a bit cheaper, so take that into consideration when reading through. Again though, I'm from Australia so my costs will be different too.
My costs really vary because I tend to move about a fair bit. I'll give you a bit of an example, right now it's spring and there is heaps of feed so I'm paying approx 10 pounds a week in feed and agistment. Plus 30 pounds every six weeks for the farrier.
However in winter I was paying an extra 30 pounds or so a week in feed, to cover hay and extra feed.
In one of the last places I lived my only agistment option was a small private paddock for about 32 pounds a week. As it was small I was always spending about 30 pounds in feed a week (year round) so each week that was costing me about 60 pounds.
All these costs have been self care paddocks (where I can go there once or twice a day, feed, unrug, water) and have been places with minimal facilities (grass arena).
If I wanted stables around the area I would be looking around a minimum 40 pounds a week not including feed and still self care.
So it really, really varies. Also, be aware just one vet visit can easily be over 170 pounds, so if your horse is injured you need to have that money spare. You're also going to need tack (I've spent well over 600 pounds this year and I already had everything), dentist and incidental costs like transport, or lessons. Here you're looking at probably at least 30 pounds for a lesson.
The best thing to do though is to google some businesses in your area, or even share your area on here in case anyone lives there. Lots of boarding stables have webpages with prices, even feed stores are online and you can get an idea of your costs.
As others have said, your choice of horse can play a big part in your costs, it can sometimes even nearly double your farrier and feed costs. Choosing a horse (and breed) that is a "good doer" and who doesn't need to be shod will save you more in the long run. However, they may cost more. For example here Ex-racers are cheap and plentiful but can have high upkeep costs, to get something with lower upkeep costs you end up paying a higher purchase price.