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How much a year does it cost to keep a horse?

How much a year does it cost to keep a horse?

Minimum cost per day to keep one horse is $5.01 per day or $1828.65 per year.

Is owning horses expensive?

Since the type of horse and reason for purchase varies so much, the cost is also just as broad. The cost can range from a couple of hundred dollars to several thousands of dollars. For regular recreational use, the average cost is around $3,000, according to the University of Maine.

How much does it cost to feed a horse for a year?

Forage, which is vital to a horse’s health, can range from $4 a bale to over $19 a bale. With so many factors it can be a struggle to generalize how much a person can expect to pay. A horse that costs $730 a year to feed in one place can cost almost $3,000 a year in another place.

How much does a horse cost per month?

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. That puts the average monthly expense anywhere from $200 to $325 – on par with a car payment.

Do horses really like to be ridden?

Some horses like to be ridden and others not so much. But most importantly, horses are individuals, and they have different activities they like and dislike. Many horse owners ride their horses without any concern for their horse’s feelings, and some may worry a bit too much.

How much does it cost monthly to keep a horse?

Caring for a horse can cost anywhere between $200 to $325 per month – an annual average of $3,876, according to finance consulting site Money Crashers. Some of these costs include: Grain/feed. Hay.

How much is a trained horse?

A well-trained dressage or show jumping Hanoverian can cost you $50,000 plus, whereas an unregistered trail horse in their teens maybe just $1,000. The average price for a standard horse is around $3,000 to $5,000.

How much does it cost to board a horse, on average?

Horse boarding will usually be charged by the month and is going to range anywhere from $50 to as much as $1,200 a month; however, from our research, most boarding facilities are inside the $150 to $400 per month range. Like boarding your cat or dog, the costs will go up based on the attention the horse needs.

How much does it cost to feed a horse per month?

For instance, daily feed for a horse in the Northern California area, for both hay and grain, will cost around $4 to $8 per day. Monthly expenses can run to $130 to $275.

How much is it a month to keep a horse?

What Does a Horse Cost Per Month? Valuing my Equestrian Lifestyle. My horse expenses average $1,774.58 per month BEFORE adjustments. The chart below shows monthly expenses from January – September 2019. These numbers represent the total dollar VALUE of my equestrian expenses.

How much does it cost to take care of a horse for a month?

A simple boarding facility that allows your horse to graze in a field, for example, may charge $50 to $200 a month, while a premium boarding facility that offers training, one-on-one care, health services and more can vary anywhere from $400 to $1,000 per month. According to,…