First of all, an average 15H, 1100 pound saddle horse in light work should be fed at least 2.5% of their body weight per day in forage, on average. That can be a little less in summer, and a bit more in winter to keep them warm.
Assuming that average 15H 1100 lb. horse eats 27.5 pounds of hay per day. An average 50 lb. bale of Alfalfa hay, which is common in Northern California, is around $8.00 picked up (add $1.00 or more per bale for delivery, and add $2 or more per bale at the feed store). That equals .16/lb. 27.5 lb. x .16 = $4.40 per day for hay. Grain averages between $12.00 and $18.00 for a 50 lb. bag.
So, your daily feed for the care of one healthy 1100 lb. horse will average between .75 and $4.80 per day for grain and will be around $4.40 per day for hay. That total is $4.40 to $8.80 per day. Multiply by 30 days per month, and your average cost to feed a healthy 15H horse is a minimum o f $132.00 and can easily go as high as $264.00. That cost can increase easily depending on the amount of work your hose is in, as well as its breed. Thoroughbreds, for example, are known to need a much higher amount of feed in relation to their body weight than the average Quarter horse. These figures do not include the cost of farrier visits, which average approximately $40 for a pasture trim with no shoes and is necessary every 6 weeks, which calculates to a cost of $30.00 per month. Deworming should be done every other month and you should rotate dewormers with Ivermectin and Strongid at a cost of approximately $5-$10 per dose, which would come out to approximately $7.00 per month.
Hay = $303.00 Grain = $22.50 - $144 Farrier $30.00 Deworming $7.00
$362.50 to $484.00 per month for one horse
Don't forget yearly vet visits for about $200 ($55 farm call plus vaccinations twice a year), and any veterinary care for illness or injuries, which averages to about $18.00/month not including emergencies, which you should keep a couple thousand put away in a savings account specifically for equine emergencies. Add in a dental visit at $150 per year if your horse has no tooth or mouth problems, for another $12.50/month.
We have now brought our cost up to $375 - $500 per month for one average, healthy horse.
Of course, this does not include tack (bridle, bit, reins, saddle, girth, stirrups, saddle pad), supplies (halter, lead, buckets, deicers, salt block), fencing materials, barn or shelter and repairs to each, or any health supplements your horse may need.
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