Home Gym vs. Gym Membership: What Should You Get?
If you were nearby, you’d hear me shouting “YES!” at the top of my lungs when it comes to building a home gym. In all honesty, investing in your health is the best thing you could ever do. Will the upfront cost be a little shocking at first? Yes, but over time you’ll see the value of not having to go to a commercial gym or pay for a membership.
Now, many of you might be thinking you don’t have a lot of room to dedicate to a home gym, and that is perfectly fine, however, there are some great pieces of equipment out there that don’t take up a ton of space that you can squeeze in a corner or even in your garage. Check it out.
Paying for a gym membership might not make the most sense
Gym membership fees vary from gym to gym. You have gyms that cost anywhere between $10 a month to over $100. Over the years, this tends to add up. There is one piece of the equation that most people don’t think about, and that is travel. When you don’t have a gym at your house, you are paying gas to drive to and from the gym as well as the added wear and tear on your vehicle. You’re also spending valuable time sitting in a car! Time is money. Factor all of these things in, and that gym membership is costing way more than you first imagined. A home gym may be your ideal solution.
Let’s break down the costs of a gym membership:
$20/month for the membership (most major chains are around $20)
$1.75 per trip in gas (figure on a half-gallon of gas)
Let’s say you work out 5 days a week. That equates to $8.75 each week in gas money (figure 4 weeks each month). Then you have your $20 monthly membership fee. Add those numbers up for the month and you’re paying $55 (not to mention all of the unproductive time driving to and from the gym). Look at the big picture of working out for the year and that dollar amount is now $660. That may not be ideal for you and therefore a home gym may be a better option even though there is an upfront cost.
Related Article: 5 Helpful Strategies to Overcome Your Gym Anxiety
So, that $20 monthly fee you thought was inexpensive is actually pretty darn expensive when you factor everything in. Now some of you might be saying in the grand scheme of things $660 isn’t that much for a year’s worth of workouts. And you might be right. But, you aren’t just exercising for a year and then quitting. This is a lifestyle and you’re going to be exercising for many more years. Figure you have a good 20-60 years left in you (depending on your current age) which brings the lifetime cost of your gym membership, assuming there is no fluctuation in pricing between gas and the membership, to around $13,200-$39,600. Well, that escalated quickly. I know a lot of things I could do with that amount of money in my pocket. You have the ability to do as you wish with that money if you decide to build a home gym. Here’s how.
Build your home gym
The placement of your home gym is completely up to you. You can have it in your basement or even out in the garage. Either way, you don’t need a lot of space. They even have rack units that fold up against a wall that you can secure right to one of the walls in your garage. A cool thing about a home gym in a garage is that when it’s nice outside, you can open the garage and get in a great workout while enjoying some fresh air. Those types of units are around $1,000 but are built to last a lifetime. You could also go with a traditional squat rack which ranges between $500 and $1,000. Either variation will work, you simply need to decide if you want the convenience of being able to fold it up, or if you have enough room to have a free-standing rack.
The next thing you will need for your home gym would be a barbell and weight plates. You can generally find a 300-pound Olympic weight set (2 x 45’s, 2 x 35’s, 2 x 25’s, 2 x 10’s, 4 x 5’s, and 2 x 2.5’s) that includes the bar for around $399.99 on sites like Amazon and that also includes free shipping (which would be super expensive if you were paying by the weight). If you can lift over 300 pounds, you’d need to invest in more plates, but at that point you can be selective and just buy 45-pound plates if you wished.
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