Have you been obsessed with horses ever since you saw Elizabeth Taylor try to win the Grand National race with her trusted steed “The Pie” in the 1940s film National Velvet? Perhaps you are more intrigued with the mysterious Arabian horse in the classic 1970s film Black Stallion. Whatever the case might be, loving horses and owning horses are two very different things. For one, owning a horse is a lot more time consuming and expensive than you may think.

Apart from vet bills, feed, equipment and other general care expenses, the cost of purchasing the actual horse is going to be more than Paris Hilton’s latest addition to her purebred dog collection. Boarding your horse at a stable can also get pretty expensive, costing you anywhere between $100 to $1,000 a month or more, depending on the quality of the stall and the care provided; i.e., cleaning, feeding, and watering. (Horse owners with a large tract of land or those who live on a farm need not worry about boarding fees.)

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