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HOME GYM vs GYM MEMBERSHIP — Which One Actually Saves You Money?

228 views · Published 30 November 2016 · 5:09 · Indexed 12 November 2026

Channel: Mike Martins · 2016 · Howto & Style

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I'm out with the family today looking around at exercise equipment, and it got me thinking about something:

Is it better to work out at home or pay for a gym membership?

Gym memberships aren't exactly cheap anymore. I'm seeing memberships running around $400, $500, $600 and sometimes even $700 per year, depending on where you go.

So I started looking at the equipment available today and asking myself whether it makes more financial sense to slowly build your own gym at home.

You really don't need that much to get started.

Get yourself some proper mats for the floor. Add an ab roller. Pick up a treadmill, exercise bike or rowing machine. Put a television on the wall, throw on some headphones and you've already got the beginning of a pretty good workout space.

I'm seeing treadmills here for around $899, which is incredible considering what good exercise equipment used to cost.

Obviously, weight training is another question. You need something for your upper body, and one issue with working out at home is being able to properly do exercises such as lat pulldowns. But even relatively inexpensive home machines are now available that can handle several different exercises.

And don't forget the used market.

I've got friends who have assembled impressive home gyms in their garages by buying equipment from Craigslist.

That's another option.

You don't necessarily have to spend thousands of dollars all at once.

Buy one or two pieces. Start exercising. Then add another machine later.

If you've got a spare bedroom, garage or another room that's just collecting junk, clean it out and turn it into something useful.

The economics become even more interesting when you've got a family.

If four or five people are each paying for gym memberships every year, how much money is disappearing into memberships?

Would you rather spend that money every year—or gradually purchase equipment that you actually own?

I'm considering setting up a workout area at home when I have some additional space available early next year.

So what do you guys prefer?

HOME GYM or GYM MEMBERSHIP?

Let me know below.

Thanks for watching, guys. Big hug!

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