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- A home gym is best if you want convenience, privacy, and can invest $1000 to $2000 upfront.
- A gym membership is better for more amenities, social motivation, and is cheaper at first.
I invested in a home gym and am happy with the purchases. But I still like working with clients at popular gyms, so I’ll share my perspective to help you decide if it’s worth investing in a home gym.
Don’t buy any equipment until you read this because building a home gym won’t save as much money as you think.
Are you new to health and fitness and need a gym? Check out this article about the best gyms for beginners to get you started on your fitness journey!
Home Gym vs Gym Membership: Pros & Cons
Below are the benefits and disadvantages of having a home gym or gym membership:
Looking into a gym membership with Anytime Fitness? Check out this article about Anytime Fitness and the pros, cons, and reasons to join today!
Cost Analysis of Home Gym vs Gym Membership
You can get started with a budget-friendly home gym for around $1000. I bought a gym for $2770, and it’s completely adequate for any powerlifter. The best premium home gyms can cost $5000 or more.
When comparing costs, you want to consider at least a 5-year time frame since your gym will last that long at a minimum.
A 5-year gym membership costs:
- A Crunch Fitness base membership is $14.99 a month, which adds up to $899 in five years.
- A Gold’s Gym membership is $39.99 a month and an enrollment fee of $99, which adds up to $2498 in five years.
- An Equinox membership is at least $100 a month and an enrollment fee of $100, which adds up to $6100 in five years.
As you can see, you won’t save much money on a home gym after 5 years of membership. Crunch Fitness is a budget gym and comparable to a budget home gym, and the others are similarly comparable.
However, a well-built gym should last you between 5-10 years, so if your gym lasts 10 years, then you could see significant savings over a gym membership.
Given this, I wouldn’t recommend buying a home gym just to save money. Instead, I think it’s best for those wanting the other benefits like having a convenient place to work out or spend more time with family.
Want one of the cheapest options for a gym membership? Check out my article on Planet Fitness.
What I Paid For My Home Gym
For my own home gym, I purchased the following pieces of strength and cardio equipment:
- Nordictrack Treadmill: $550
- Titan Fitness Bench: $180
- Titan Fitness Power Squat Rack: $620
- Rogue Barbell: $220
- Titan Fitness Plates: $1200 for 645 pounds of weight
In 2021, I spent about $2770 for my own home gym, not including some other small pieces of equipment I haven’t bought much since then, either.
I purchased from brands such as Titan Fitness and Rogue for a few reasons. Titan Fitness has great products at a great price. They use high-quality materials to build their products and provide free shipping.
Rogue is the gold standard in performance training and The Ohio Bar I use is amazing; I know it’ll be a barbell I use for a long time.
It was a heavy investment upfront, but a well-built home gym should last you between 5-10 years.
Looking to build your own home gym? Check out some great home equipment fitness brands to integrate into your home gym setup!
Is a Home Gym or Gym Membership Right For You?
Home gyms are best for those who value convenience, privacy, and the ability to exercise easily in a busy schedule. They require an initial investment but pay off after 5 years or so, especially if you buy high-quality built-to-last equipment.
Conversely, gym memberships have more equipment, classes, and often a tight-knit community of lifters you can share advice. Many gyms also have trainers available, which can be key to taking your lifts to the next level.
Gyms are perfect for those wanting variety, social motivation, and a clear separation between home and workout spaces.
For me, I have love having my own home gym. With this space, I can easily wake up, drink coffee, and ease my way into my workout routine without rushing to the gym. It’s amazing when it comes to time management as well, as I have a very busy online business and want to maximize my own schedule as best as possible.
Trying to build your own home gym? You can pick up a piece of equipment to get most of the job done by considering the best all-in-one home gym set ups!
FAQ
Is a home workout more effective than the gym?
A home workout can be as effective as a gym workout, but there can also be some challenges. Some of the challenges with an at-home workout could be the equipment you have, and if you have heavy enough weight to challenge your strength. Free weights are expensive and can add up.
Does a home gym pay for itself?
A home gym can prove cost-effective compared to gym memberships. For example, a budget gym membership could cost $800-1000 over 5 years, while a premium membership might reach $2500-6000. Therefore, depending on the initial investment in equipment, a home gym can offer significant savings in the long run, depending on what equipment you purchase for your home setup.
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