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.
Another great variable. Depending upon the services provided ranges from $145 a week to $200 per week. Full board may include feed, bedding, training and care, but may not necessarily include worming and shoeing. Hoof care $10-$25 for trimming every 4-8weeks or $40 – $100 for shoes every 4-8 weeks.
To give you an idea of the costs of upkeep – farriery every 6-8 weeks = $50-$80 per month, feeding costs (when not on grass alone)= $200-$400 per month, worming every 6-8 weeks =$15 per month, veterinary care (vaccines / wound care etc) =$100 per month, annual dentistry= $10 per month, adjistment fees =$120-300 per ...
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.
Selling for a cool $70 million (£53.7 million) to Coolmore Stud, Ireland in 2000, Fusaichi Pegasus currently holds the title of the most expensive horse in history.
Originally Answered: Why are horses so expensive? The initial investment in purchasing a horse can be expensive based on the horse's training, age, breeding and success. However many very useful and wonderful horses can be purchased for a little money if you know what you are looking for and what you are getting into.
How to Afford a Horse – Save Money on Horse Ownership
In general, professionals recommend two acres for the first horse and an additional acre for each additional horse (e.g., five acres for four horses). And, of course, more land is always better depending on the foraging quality of your particular property (70% vegetative cover is recommended).
Keeping a horse on your own property is a 365 day a year job. Although you certainly won't be spending all of your time looking after your new horse, it does require a commitment, and you'll need to figure out how to fit that commitment into your already busy schedule.
Horses typically paw the ground when they want attention, are mad, frustrated, or bored. They stomp their feet when their lower legs are irritated. Common stimulants are wraps, horseflies, or an infestation of mites or other insects.
In conclusion – should I buy my daughter a horse – YES! Your daughter will benefit in so many ways from owning her own horse. A horse will help her grow up, help her become a strong and independent woman with solid confidence and character.
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