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People who buy horses are surprised about the expenses they have to meet after purchasing one. Buying a horse is one thing, but providing care and training would be another. So how much does buying and keeping a horse cost? Buying a horse would depend on the breed. If you are looking for recreational riding, Quarter horses would be very ideal with its price ranging from $1,000 to $5,000. But if you are looking for horses that can run racetracks, a Thoroughbred would be the one you are looking for with a price tag of almost $10,000. For the cost of keeping and caring, there are several things to consider such as stabling fees if you do not own a farm, basic care for the horse like foot trimming, vaccinations, saddle and tack, training and travel expenses. These expenses are yearly so make sure you are actually ready to own a horse before going through it.