Join Date: Nov 2011
Location: Central Oregon, USA
With absolutely nothing else to pay for, possibly, but it'll be bare bones and not much savings for vet bills and the inevitable.
Example: Say you have 1 super easy keeper horse who is sound and requires no special maintenance. And you find a good self-care boarding situation. Around here, even self care board runs around $300/month. Then factor in feed. Hay is $250/ton average here. A 1,000 lb horse will need at least 20 lbs of hay per day x 30 days = 600lbs/month MINIMUM. $75/month in hay. Add in ration balancer and/or vitamin/mineral supplement, salt lick et cetera, expect to pony up another $50+/month. Feet should be done every 4-6 weeks, and let's assume best case scenario that the horse can go barefoot. Expect around $50/trim, let's call it $50/month for math ease. If you have to provide shavings or bedding for a stall, you will need to factor in more, but let's say it's pasture board with a run in.
MONTHLY costs: $475
Then, factor in the annual costs of vet checks, vaccinations, periodic deworming, tack, tack repairs, blankets, blanket repairs. Budget an additional $500-$1000/year. If you save a little and put it into an account, you should be saving $42-84/month
So in an ideal world, with the lowest level of care acceptable, you should be making closer to $600/month just to squeak by.