How much should you spend on gym membership?

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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Moreover, 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.

What is the best month to join Planet Fitness? Join at the End of the Month

"You get a better deal in December going into early January," says Keightley. Gyms are making more money in January, so they're more likely to have members pay a lower monthly fee leading into the New Year when business is slow and have people commit by January 1.

Is working out 5 days a week good?

Benefits: Going to the gym five times per week allows you complete your daily workouts in one session, and gives you access to many different ways to exercise. Exercising most days of the week is good not only for weight loss, but for your overall health and well-being. In respect to this, why gym is a waste of money? Going to the gym could contribute to weight gain

If you decide to leave, a lot of gyms also have annual contracts that you have to sign, complete with fine print, that aren't designed to make it easy for you to give up your membership and some could even come with a price tag for leaving (via Men's Journal).

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. Why are some gyms so expensive? Gyms are expensive based on the number of amenities they offer and the costs associated with running a gym. Some also target a specific type of clientele with higher gym membership fees. There are ways you can save money like using a basic membership and decreasing the amount of time you use the gym membership.

Then, why do gyms charge an annual fee?

Basically, these annual fees allow the club to collect a preset amount once a year, typically for use in club improvements such as buying new cardio equipment, replacing carpeting, making renovations or other much-needed improvements. This annual fee is a way to increase revenue without increasing dues. One may also ask does costco offer gym membership? In addition to groceries, gas and household goods, Costco can also help you save money on your gym membership! The company offers a variety of spa and gym membership discounts with partner companies. If you're a new Costco member, you can purchase a two-year membership to 24-Hour Fitness for $399.99.

Why is Equinox worth it?

If you live in a big city or near an Equinox that has a lot of amenities, a membership is worth it. But if your Equinox club is in a smaller suburb and doesn't have a lot of amenities, it's not worth it. You can find the same kind of equipment or take similar group classes at less expensive gyms.