For full livery, where all your horse’s needs are the responsibility of the livery yard, prices vary enormously. And you may have to pay your share of the farrier’s call-out fee too. Wow - after reading all these replies I am going to re-think just commenting to Carol VanZile - and write an answer. NB: All prices given here are approximate and are based on prices correct in September 2020. Since horses are a bit larger animals, they cost a lot more than the smaller ones. Just go for it.”. If there are any issues, the treatment fee will easily go into three figures. Multiply that number by the number of horses that you plan on keeping. Valuing my Equestrian Lifestyle. Livery – £585. However, if your horse needs some serious medical attention, except that this st… Saddler – £10 (twice a year) Physio – £30.33 (every 10 weeks) Insurance – £80. Coursera will allow you to access full study material and submit required assessments. In this case study, I discuss how I track my spending, what trends I’ve noticed, and how budgeting has changed my mindset and, more importantly, behavior. A fully shod horse ranges from $80-200, and if your horse requires special shoes, you can go upwards of $400 for a single farrier visit. Add in farrier $30-$50 per horse every 6-8 weeks; dewormer @ $15/tube (it is expensive here!) At the time of writing this article, Coursera was offering 1200+ free courses. Horses are expensive to keep. My projected horse expenses are $11,894.25, per year AFTER adjustments. So how much does it cost to keep a horse these days? But additional costs will push it significantly above that. How much does it cost to lease a horse? The price of horse riding lessons can vary greatly by region (and even by zip code). I love practicing dressage, eventing, stadium jumping, reining, trail riding, and cow work with my Quarter Horse in Montana, USA. Just like any other animal or any pet that you could ever have, horses needregular maintenance and care. Understanding what horses cost and how you can afford one ahead of time sets you up for success from day one. During clinic season (April-October), I usually ride in at least one clinic per month. Typically, I take three lessons per week: jumping, western flatwork, and cow work. How will my actual annual spending likely break down by category? Leif Aho owns Free Spirit Friesians in Wellington and offers pasture board. That puts the a… Average Horse: $800-$4,000; Show Horse: $3,500-$8,000; Pre-Purchase Vet Exam: $250-$500; Tack: $400-$1,500; Buckets & Stable Supplies: $50-$100; Monthly Expenses. cost/month Your Cost/year Board N/A $300/Month $550/Month $3,600 $6,600 Hay $910 N/A N/A Bedding $1,144 N/A N/A Horse ownership is extremely rewarding. These courses are free of any charge for learning purposes. The first month is definitely the most expensive, because that's when you get all of your brushes and grooming supplies, a lot of your tack, and the horse itself. The cost of pet insurance can range from $15 per month to as much as $75 per month. Reminder: Since I don’t yet have data for October-December 2019, I used an average of prior months to project annual spending. I use round bales which I stuff my slow feed hay nets with so that cut my hay costs in half and I get sawdust from the Amish which cut my bedding by more than half($2.50 vs. $7). A LOT. Additional costs: Horses need hay which can run around $40 per month. Lessons and clinics are routinely my high-dollar expenses each month, often at a rate that more than doubles the next closest category. On top of the cost of stabling and/or providing grazing for your horse, you’ll also need to consider the cost of feeding them when they don’t have access to fresh grass. Now that we’ve outlined monthly expenses, let’s look at the bigger picture — the annual cost of horse ownership. As with any other course on Coursera, these too are provided by the leading universities and top global companies. “Our large paddocks are three to 10 acres, some with shelters, some with trees,” Leif explained. Remember, this is the anticipated VALUE of expenses I incur for the year — not taking into account any trades for products and services. If your horse is turned out all year, it will need hay to supplement the grass in the winter – and hay costs about £45 a bale. As with any other course on Coursera, these too are provided by the leading universities and top global companies. After trades, I only went over budget in January ($11.25) and April ($177.85). It was eye-opening to learn my monthly “goal budget” ($1,000) is below the baseline value of incurred expenses 100% of the time. An average fee for a vet is around $485 per year which already includes check-ups, vaccinations and tests, deworming and other minor care needed by your horses. In addition to holding myself accountable, I wanted to provide those considering buying (or leasing) a horse a detailed look at the real cost of horse ownership. On average this will cost £30-£40 a month dependent on the type, size, weight and exercise regime of the horse. Supplements – £30.33. Additionally, I have a client who allows me to run a “horse fund” credit instead of being paid for marketing services. The vet will let you know if floating (i.e. Supplemental, prepackaged feeds can cost $10 to $30 per month per horse. Rug wash and repairs – £11. Keeping a Horse Partial Care Boarding Full service Boarding Your Cost Board N/A $400 / month $4,800 / year $650 / month $7,800 / year _____/month x 12= _____/year Hay For example, self-care pasture boarding can be $125 or less per month, while full stable board can be $750 or more per month. (I expect another spike in October for Fall vaccines.). Moderate use of Vet services: $300-$600 month/horse c. Occasional use of Vet services: less than $300 month/horse Please note: This area is a particular sore point with many Owners that did not understand the extent of the Veterinary costs based on the trainer's management style. See my Disclosure. 4 times per year (or fecal counts..); supplements, and all other miscellenious expenses. I started HorseRookie.com, an educational website, to help equestrians of all levels (especially rookies) answer common questions, make informed decisions, and have more fun with their horses. All the extras in the cost of owning a horse (tack, show fees, horse trailer, and gas to transport horse): variable. But I’d been in the equestrian world my entire life, and I felt prepared. September expenses picked up a bit due to local end-of-season show costs. We are new horse owners. I board but my costs are still only 230 a month per horse. The chart below shows monthly expenses from January – September 2019. Bear in mind, it’s possible to spend an awful lot more. A full livery service can cost up to £100-£150 per week. In other words, if I didn’t trade for anything, this is how much money I’d be paying each month. We have calculated the costs of three common types of horse keeping, to give you an idea of the expenses an average horse owner incurs in a year. Here is a breakdown of the basic minimum costs ass… Did I follow my own advice? Remember that this number is only the maintenance cost. My horse is done every 8 weeks in the summer and 10 weeks in the winter at $25 per trim. When Stephanie Moratto bought her first horse, she asked herself how much it costs to have a horse. The cheapest way to do this is to become a gold member of the BHS at £75 a year. {"piano":{"sandbox":"false","aid":"u28R38WdMo","rid":"R7EKS5F","offerId":"OF3HQTHR122A","offerTemplateId":"OTQ347EHGCHM"}}, {"location":"Keystone Header","subscribeText":"Subscribe now","version":"1","menuWidgetTitle":"H&H Plus","myAccountLnk":"\/my-account","premiumLnk":"\/hhplus","menuLnks":{"2":{"text":"Plus Hub","href":"\/plus-hub"}},"colors":{"text":"#000","button":"#000","link":"#00643f"}}, Horse sales market soaring despite pandemic *H&H Plus*, 5 cracking Connemara ponies for sale (you’ll want them all), Great last-minute Christmas gift: save an extra 10% on a Horse & Hound subscription, owners are responsible for any damage caused by their horses. It depends on how much your horse needs, and how much it costs per bale. In the long term, rubber mats (approx £35 each) combined with shavings (£5-£10 per bale) or hemp (£10-£15 per bale) can prove cheaper, but the initial investment is considerably more – you’d need six mats for a 12ft x 12ft stable. All of those memes about a horse eating money is no joke, as the average yearly cost of owning a horse (after buying the horse) is about $2800, which doesn’t include all the extra new boots and fancy bridles. When it comes to owning a horse, it’s important to be prepared for the financial responsibility that comes with that decision. Not surprisingly, Education, Stabling, and Health get the biggest slices of my budget pie. These numbers represent the total dollar VALUE of my equestrian expenses. They eat. The cost of keeping your horse at a livery yard depends on the location, what you require and the facilities on offer. A horse's feet continually grow and so even if unshod will require regular visits from the farrier for trimming. Just like any other animal or any pet that you could ever have, horses needregular maintenance and care. Horse & Hound magazine, out every Thursday, is packed with all the latest news and reports, as well as interviews, specials, nostalgia, vet and training advice. This number can fluctuate depending on where you live, the facilities you’re interested in, and the type of board you choose. On average, it can cost anywhere from $55 to more than $500 per month. My horse expenses average $1,774.58 per month BEFORE adjustments. The cost for boarding varies widely. Grass Livery can be expected to cost around of £20-£25 per week. I board but my costs are still only 230 a month per horse. You should budget for your horse to eat 1.5% of their body weight every day in hay.Hay can cost anywhere from $4 -$15 a bale, and the average horse goes through 1/2 a bale a day. Mortality, medical, liability, vehicle, roadside assistance), Stabling (e.g. The cost of insurance to cover vets fees will vary depending on the type of cover taken and the value of the horse or pony but should be expected to cost in the region £20-£40 per month or more. In conclusion, the more restrictions you have with your horse, the less you’re going to pay. A £600 monthly bill would be a very competitive starting point, going up to £1,200-plus. This does not include additional specialist feeds or … The chart below shows monthly expenses from January – September 2019. These costs are ongoing and should be realistically budgeted for before you decide to take on the responsibility for a horse of your own. Grain can run about $20-$40 per 50-pound sack. This does not include additional specialist feeds or horse feed supplements that the horse may also require. Reality turns out to be much more like $180 per month. A simple trimming costs $20 to $50 every other month. In my reports, I assign every expenditure into one of these categories: My goal is to keep monthly horse expenses under $1,000 after adjustments (e.g. Then there's tack, farrier, vet, chiro, board, and other random things horses need. Hired help Most larger stables hire one or more people to help to feed, clean stalls, bring horses to/from turnout, maintain and mow fields and make repairs. As to the costs for keeping a horse at a livery yard, these vary according to the type of livery offered. My horse cost $1900. And if you haven’t already, start your [FREE] 7 Day Horse Care Challenge! In return for helping boost the barn’s income (and free up the owners’ time), I’m able to offset some of my board, clinic, and lesson costs throughout the year. So while you may be able to find a rescue pony for just a couple hundred dollars, don’t let that fool you into making a purchase.Responses to a horse-ownership survey from the University of Maine found that the average annual cost of horse ownership is $3,876 per horse, while the median cost is $2,419. Depending on which bedding option you choose, you’re looking at an average cost of around £10 - £20 per week. Lots of great discussions PLUS courses, eBooks, Q&As with the Pros and more! Simple pasture boarding can cost as little as $100 a month. Learn how your comment data is processed. So I guesstimated about $50 per month. “They all have water troughs. However, stable boarding can cost $500 or more. Every time I pulled out my wallet at the local tack store, I got a pit in my stomach. I use round bales which I stuff my slow feed hay nets with so that cut my hay costs in half and I get sawdust from the Amish which cut my bedding by more than half($2.50 vs. $7). The primary deciding factors are where you live, the age of your pet, and your pet’s breed. What's the difference between a free horse, a $500 horse, a $5,000 horse and one that can cost well over the $10,000 or $20,000 mark? If you wish to take out additional horse insurance to cover death, straying, theft, vets fees and more, then a horse insured for hacking and unaffiliated competitions will cost a minimum of £35 a month. A full livery service can cost up to £100-£150 per week. Clearly, a lot of my expenses would be considered “optional” versus “essential.” I don’t need to take lessons, ride in clinics, or have insurance to support my horse habit. Whether they are $100 horses or $10,000 horses, basic horse care can cost the same. Costs of feeding a horse. On average this will cost £30-£40 a month dependent on the type, size, weight and exercise regime of the horse. How much does it cost to keep a horse? The average cost for horse riding lessons is $55 per hour.Hiring a horseback riding instructor to teach you to ride horses, you will likely spend between $45 and $80 on each lesson. It wasn’t until I relocated to Montana in my early thirties that I finally realized that goal. There was no point in making a budget — or sticking to one. My highest cost months are April-July, which is the height of our clinic season. Cost of Owning a Horse This Month. Moderate use of Vet services: $300-$600 month/horse c. Occasional use of Vet services: less than $300 month/horse Please note: This area is a particular sore point with many Owners that did not understand the extent of the Veterinary costs based on the trainer's management style. The chart below shows my monthly expenses (value) by spending category. 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