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Home gym cost guide

Working out at home has become increasingly popular over the years so, if you hate going to a gym or have space in your house or garage to make use of, a home gym can be a great addition to your home. We’ve put together this home gym cost guide for you to see the average cost of exercise equipment in the UK.

Converting a loft, basement or garage into a gym can be both practical and add value to your home. For the purpose of this guide, we’ll be looking at the price of equipment to set up a home gym without any structural work needing to be done.

We recognise the importance of keeping within budget, so we’ve spoken to the online estimators at My Build Estimate – a professional estimating company monitored by the Royal Institute of Chartered Surveyors (RICS). They’ve provided us with their estimated average home gym equipment prices in the UK.

If you need to carry out a structural conversion to create your home gym, we recommend you speak to a local home conversion expert for more information about the associated costs.

ItemAverage cost
Dumbbells & plates£125
Adjustable bench£100
Barbell & plates£250
Pull-up bar£75
Squat rack£250
Exercise bike£800
Rowing machine£1,100
Punching bag£150
Soft foam floor mats (per m2)£45
Multi-gym machine£3,000
Labour (per day)£200

How much does a home gym cost?

The price you pay for your home gym can vary hugely, as there is no fixed amount of equipment you need for a home gym. That said, we’ve put together the average costs of the most common gym equipment for you.

The average home gym cost is around £5,000.

The main factors that will affect the price of your home gym are:

  • Size of space
  • Amount of equipment
  • Type and quality of equipment
  • Location
  • Any structural work needed (e.g. if the floor, walls or ceiling need stabilising to accommodate equipment)

If you’re looking to convert your garage into a gym, check out our Garage conversion: ultimate guide to costing and planning.

Pros and cons of a home gym

Deciding to create a gym in your home can be an extremely valuable addition for some homeowners – but working out from home isn’t the right call for everyone.

Having unlimited access to exercise equipment whenever you want it can be a great motivator to get and stay in shape.

Equally, home gyms can be expensive and won’t guarantee you the motivation to work out. You will still need to stay motivated to use your home gym, you just won’t need to travel to get there.

Therefore, before you decide if a home gym is right for you, it’s important to consider the advantages and disadvantages of having a home gym.

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Pros of a home gym

  • Many people find having a home gym massively boosts their motivation.
  • It’s quick and easy to fit in a workout
  • You have unlimited access to gym equipment.
  • You don’t have to share your space with strangers or deal with intimidating gyms.
  • You’re in complete control of hygiene and cleanliness.
  • Bad weather won’t put you off going for a workout.
  • You can invite anyone to come and be your gym buddy for free.

Cons of a home gym

  • It can be expensive and a big outlay upfront.
  • Most people can’t afford the full range of equipment you’d find at a professional gym.
  • A home gym simply isn’t practical for many homes.
  • It can be hard to focus or disconnect when doing a workout in your home.
  • You’re responsible for keeping your home gym clean and fixing equipment if it breaks.
  • You lose the sociable element that many people enjoy when you go to the gym.

Home gym costs – the equipment

Gym equipment costs

One of the main costs of gym equipment is the set of weights that you’ll need to invest in. As some of the most basic and versatile pieces of equipment, dumbbells and barbells are two of the most popular home gym purchases.

On average, a set of dumbbells and plates will cost about £125. A barbell and plates is likely to cost around £250.

To go with your weights, you’ll want to invest in an adjustable bench to be able to do a whole variety of exercises. The average cost for an adjustable bench is in the region of £100.

Additional gym equipment costs you might need to consider are a pull-up bar, which will set you back about £75, and a squat rack, which you’ll pay £250 on average.

Exercise equipment cost

Aside from weights and a bench, the big hitters both in terms of cost and popularity for home gym equipment are the aerobic exercise machines.

The classic treadmill will cost about £1,250, depending on the make and model. A standard exercise bike will cost £800, and the average cost for a rowing machine is around £1,100.

Can I install my own home gym?

Yes you can, though it will often involve a lot of heavy lifting due to the nature of many popular types of gym equipment. We would recommend hiring a professional to install large equipment for you.

Still interested? Read more about Creating the ultimate at-home gym from floor to ceiling.

Useful home gym checklist

  • Take time to understand what motivates you to work out and decide if a home gym is right for you.
  • Decide how much you can afford and find out what you can buy for that budget.
  • If a home gym is the right option speak to local gym equipment experts for advice and options.
  • Shop around for fair and competitive home gym prices.
  • If hiring a professional, make sure they have experience in setting up home gyms.
  • Once you have your home gym installed, have at least one session with a PT for them to show you exactly how to use all the equipment.

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