hahaha I pay $75 a month for my gym, and it’s the cheapest in town.
Prices are just different based upon what cost of living is where you live. That $25 sounds like a pretty good deal depending on whether or not it has a pool though.
I wanted to build a home gym too, but when you add the squat rack (realistically a two post one, not the proper big cage) and some sort of bench, it starts getting pretty expensive.
Gyms vary in price a lot though. From like 19€ a month to like 70 or so I think. I asked someone if the expensive gym is less crowded, but apparently not. Problem is, everyone already knows about them, they’ve been around for much longer than the cheap gyms (of which one has been around for a decade or so)
I have a treadmill, squat rack, pull up bar, Olympic barbell and weights, protective flooring, A/C unit, sundry accessories (gloves, whiteboard, skipping rope). Probably about 2-3 grand.
Gym memberships are a tax-free benefit where I come from so I can just pay for it from the company bank account and not pay any taxes, making it almost 50% cheaper than paying out the same amount in salary to myself. Meaning the 250€ annual membership is realistically more like 130€ in “real” (post-tax) money. If you don’t do things through your own company, though, most employers pay a health/fitness benefit, often at the maximum allowed amount, which is 400€ a year. Usually it’s paid through a system where you can only spend it on eligible tax-free services, like a gym membership, massage, going swimming, etc.
Gym equipment, however, is unfortunately never a tax-free benefit and is instead considered a fringe benefit. Quite literally considered as part of an employee’s income and taxed as such. So if I spent, say, 2k on equipment, that’s the same as 15 years of gym membership at the current rate (which is already high for me because I live outside of the bigger cities that have the cheap gyms). Funnily enough, maintenance of a company’s existing in-house gym is eligible for the aforementioned tax-free benefit, just buying new equipment isn’t.
Used equipment makes a large dent in the price, but if going for brand new, it takes so long to pay off, it’s rarely worth it.
Ugh I try to avoid Facebook and realistically that’s the only marketplace worth a damn these days. Perhaps I should tell my friends who still use it to keep their eyes open.
I pay just under $20 per week in Australia. That’s on a special promo price because I signed up in the weeks before the gym opened. (That’s under $15 USD at today’s exchange rate, but still…)
Holy shit, £50 a month? Is that a common/standard rate?
At my work we have access to a $25 USD a month membership and I think that is even a bit too expensive for my taste…
hahaha I pay $75 a month for my gym, and it’s the cheapest in town.
Prices are just different based upon what cost of living is where you live. That $25 sounds like a pretty good deal depending on whether or not it has a pool though.
My local climbing gym is $70/mo
That’s why i don’t climb
any gym membership has to compete with the cost of one of those door-frame pullup bars and some weights
I wanted to build a home gym too, but when you add the squat rack (realistically a two post one, not the proper big cage) and some sort of bench, it starts getting pretty expensive.
Gyms vary in price a lot though. From like 19€ a month to like 70 or so I think. I asked someone if the expensive gym is less crowded, but apparently not. Problem is, everyone already knows about them, they’ve been around for much longer than the cheap gyms (of which one has been around for a decade or so)
I have a treadmill, squat rack, pull up bar, Olympic barbell and weights, protective flooring, A/C unit, sundry accessories (gloves, whiteboard, skipping rope). Probably about 2-3 grand.
Gym memberships are a tax-free benefit where I come from so I can just pay for it from the company bank account and not pay any taxes, making it almost 50% cheaper than paying out the same amount in salary to myself. Meaning the 250€ annual membership is realistically more like 130€ in “real” (post-tax) money. If you don’t do things through your own company, though, most employers pay a health/fitness benefit, often at the maximum allowed amount, which is 400€ a year. Usually it’s paid through a system where you can only spend it on eligible tax-free services, like a gym membership, massage, going swimming, etc.
Gym equipment, however, is unfortunately never a tax-free benefit and is instead considered a fringe benefit. Quite literally considered as part of an employee’s income and taxed as such. So if I spent, say, 2k on equipment, that’s the same as 15 years of gym membership at the current rate (which is already high for me because I live outside of the bigger cities that have the cheap gyms). Funnily enough, maintenance of a company’s existing in-house gym is eligible for the aforementioned tax-free benefit, just buying new equipment isn’t.
Used equipment makes a large dent in the price, but if going for brand new, it takes so long to pay off, it’s rarely worth it.
Online marketplace’s. People are always giving used home gym gear away for next to nothing.
Ugh I try to avoid Facebook and realistically that’s the only marketplace worth a damn these days. Perhaps I should tell my friends who still use it to keep their eyes open.
Mine is now at $101. :( I’m going to just get some punch cards.
Jesus fuck
🤦♂️
Good luck!
I pay just under $20 per week in Australia. That’s on a special promo price because I signed up in the weeks before the gym opened. (That’s under $15 USD at today’s exchange rate, but still…)
I guess I’ve just been living under a rock…