How much are most gym memberships?

How much does the average annual gym membership cost? In the US the average annual membership cost is $507 for the first year. The cost drops to $479 for the succeeding years because you no longer pay any initiation or enrolment fees.

What is the cheapest gym to join?

Five most affordable gym memberships

  1. Planet Fitness. Planet Fitness advertises itself as a gym for people who don’t like gyms, with ads referring to every Planet Fitness location as a “Judgement Free Zone.” …
  2. Cardinal Fitness. …
  3. Your Local YMCA. …
  4. Gold’s Gym. …
  5. LA Fitness.

Is Planet Fitness really $10 a month?

Planet Fitness prides itself on offering low-cost memberships, with a standard membership at $10 a month and higher-tier membership, with its PF Black Card, at an average of $19.99 a month.

What is the average cost of gym per month?

Analysis by consumer website Finder shows that most gym chains are competitively priced, at an average $21 per week, with joining fees ranging from $0 to $199. Some clubs, such as F45, can cost up to three times as much, roughly $65 a week. Over a year, that’s $3380.

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Why is gym so expensive?

Usually when gyms are that price per month (£50 and above) they are one or more of the following: Exclusive, and limited in number of members. Have a large heated pool (which costs a lot of money to run) Have the most up to date equipment.

How can I get a free gym membership?

Some gyms have low income programs.

  1. Community Recreation Centers often have low income programs. …
  2. YMCA offers financial assistance. …
  3. 24 Hour Fitness offers a 3-Day Free Pass. …
  4. Anytime Fitness offers a free 7-day pass. …
  5. Crunch Fitness offers a free 7-day pass. …
  6. Genesis Health Clubs offer a free 7 -day pass.

Why did Planet Fitness charge me $40?

The $40 fee that you pay mid-way through your membership is your annual fee which goes towards new equipment and repairs!

Does Planet Fitness have hidden fees?

Customers should be aware that Planet Fitness charges a $39 annual membership fee that is typically assessed in October. This fee is affordable for people on a budget when contrasted with the majority of fitness companies who charge hidden fees of $75 or more.

Is a gym membership worth it?

If you’re ready to commit to a healthy lifestyle and find room in your budget, signing up for a gym membership may bring great value. It can even save you money in the long run despite the short-term sting of an additional monthly bill.

What is a good price for a gym?

After analyzing the prices of 16 popular U.S. gym chains, we found that the average monthly cost of a gym membership to enjoy the benefits of working out in 2021 is $37.71. Prices vary as well based on the membership; ranging from $31.00 with lower-tier memberships to $44.42 on higher-tier memberships.

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What is the best gym for me?

Our Top Picks

  • Best Overall: 24-Hour Fitness. …
  • Best Budget Membership: Planet Fitness. …
  • Best for Frequent Travelers: Anytime Fitness. …
  • Best for Bodybuilders: Gold’s Gym. …
  • Best for Luxury and Amenities: Equinox. …
  • Best for Machines and Muscle Isolation: LA Fitness. …
  • Best for Group Classes: Crunch Fitness.

Why do gyms have joining fees?

What is a gym or club joining fee? It covers the cost of setting up an account. This is often used top extract more money from customers. Most people will sign up online and the cost top the gym is negligible.

Can you negotiate a gym membership?

Luckily, gym contracts are absolutely negotiable. “Based on my research of gyms and my own experience negotiating with LA Fitness and Planet Fitness, it’s more than possible to bargain for a lower rate or sign-up bonus with a new gym,” says J.R. Duren, a personal finance journalist at Highya.com.

Why are gym memberships so hard to cancel?

“Gym memberships are notoriously hard to quit because most gym clubs do not want to allow the member to cancel their contract once they realize the hard work and commitment involved in becoming fit,” says attorney, David Reischer, Esq. … “It’s important to read the entire contract before signing.”