Can you afford to own a horse? How much does a horse cost? If you’re thinking about entering the world of horse ownership, it’s time to take a look at your budget. The initial purchase price is often a drop in the bucket compared to the everyday costs of caring for a horse. The horse cost calculator below will help you determine if you will be financially able to provide for a horse. If you’re already a horse owner, use the calculator to find out where all your money is going and where you may be able to cut costs.
Things to Remember When Calculating Horse Cost
Boarding vs. at-home horse keeping costs
Hay, grain and bedding
These expenses are often included in full board, but some boarding stables will require you to purchase your own. Hay costs vary widely across the country. If you’re not sure what hay costs in your area, ask horse owners or check local ads. Read on for more on calculating your hay costs. Be sure to calculate the correct cost for your horse down below in our horse cost calculator
The AAEP vaccination chart will give you a basic overview of what annual shots your horse will need. When calculating your vaccination costs for your horse, remember to include the cost of a farm call (if you board, you can keep this cost down by splitting the vet visit with other boarders.)
If you travel with your horse for any reason, you will probably need a new Coggins pulled each year. If you travel across state lines, you may need a new one every six months. If your horse never leaves your property, you will likely only need one every two or three years. Regulations vary by state, so consult your vet. Be sure to calculate the correct cost for your horse down below in our horse cost calculator.
A Note on Deworming
Most horse owners don’t need to deworm every two months. If you plan to utilize fecal testing as most experts now recommend, leave the “Deworming” field blank and include your anticipated costs in the “Additional Vet Expenses” field.
For any horse costs that do not apply to your situation, just leave the value at zero.