Membership fees vary widely based on your location and gym of preference, but the industry-wide average falls in at $58 per month, or $696 per year.
How much do you pay for a gym membership?
So how much does a gym membership actually cost on average? A gym membership can cost anywhere from $10 a month to well over $100, plus annual fees. It’s common to pay somewhere around $40 per month to join an average gym, or around $500 per year.
Is paying for a gym membership worth it?
If you invest the time and energy to get in shape, or you’re pretty sure you won’t stop going after a couple of months, there’s one more key to making sure a gym membership is worth the money. Most gyms offer at least a week for free, so you can find out if it has everything you need.
What is the cheapest gym to join?
Five most affordable gym memberships
- 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.”
- Cardinal Fitness.
- Your Local YMCA.
- Gold’s Gym.
- LA Fitness.
Will my insurance cover gym membership?
As a result, many insurers cover gym memberships in one way or another. If you have Medicaid, gym membership may be covered depending on which state you live in. Most states do not offer it as a benefit, but a handful have experimented with behavior incentives. Call your insurer to see what their policy is.