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The Best Gyms for Your Wallet

08/29/2024 Healths Insured

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Discover the best gyms for your wallet. From affordable options like Planet Fitness to luxury experiences at Equinox, find the right gym for your budget and fitness goals.

The Best Gyms for Your Wallet

Whether you're aiming to lose a few pounds or simply want to become more active, gyms offer something for everyone. From personal training to wellness consulting, most gyms provide a variety of amenities. But finding a gym that suits your fitness needs and budget can be a challenge. Here’s a look at five of the most popular gym chains, ranked by their affordability and features.

1. 24 Hour Fitness

  • Best for: Those who want availability
  • Where: 420 locations in 13 states
  • Cost: $79.99 a month with a yearlong commitment; $84.99 a month without commitment

As the name suggests, most 24 Hour Fitness locations are open 24 hours a day, except for select holidays. This is ideal for early risers or night owls who need flexible gym hours. The chain offers four types of locations—Active, Sport, Super Sport, and Ultra Sport—each with varying levels of amenities, including steam rooms, Wi-Fi, and basketball courts. Members can also access the 24GO workout app for custom home and gym workouts.

2. Crunch Fitness

  • Best for: Those who love classes
  • Where: 337 locations
  • Cost: $110 a month for access to one location; $135 a month for access to all locations

Crunch Fitness is perfect for those who enjoy variety in their workouts. The gym offers a wide range of classes suitable for any fitness level, including Pilates, Zumba, and even aerial yoga. Signature locations come with additional perks like saunas and premium locker rooms.

3. Equinox

  • Best for: Those who want amenities
  • Where: 135 locations globally
  • Cost: $185 to $220 a month for access to one location; $260 for access to all U.S. locations

Equinox is known for its luxury and high-end amenities, which come at a steep price. If you’re looking for an upscale gym experience with eucalyptus towels, Kiehl’s products, and celebrity-taught classes, Equinox might be worth the investment. However, be prepared to pay an initiation fee of up to $500.

4. Planet Fitness

  • Best for: Those new to fitness
  • Where: More than 1,800 locations across North America
  • Cost: $10 a month for the No Commitment plan; $22.99 a month for the Black plan with access to all locations

Planet Fitness is a budget-friendly option, especially for beginners. The gym promotes a “judgment-free zone” environment, making it ideal for those new to working out. The Black plan includes perks like unlimited access to massage chairs and tanning beds, and you can bring a guest for free. However, the low cost often means fewer class options and lower-quality equipment.

5. Sports Clubs (New York/Boston/Philadelphia/Washington)

  • Best for: Those who want options
  • Where: 150 locations in four cities
  • Cost: $54.99 to $74.99 for monthly single location; $89.99 to $119.99 for access to all sports clubs

For those living in major cities like New York or Boston, Sports Clubs offer convenient locations and a range of amenities, including steam rooms and cryotherapy at elite locations. The gym also provides a variety of classes, from cycling to yoga.

Managing a Gym Subscription

Regular exercise is great for your physical and mental health, but gym membership costs can add up. Keep an eye out for promotional deals, as some gyms offer waived fees or free months for new sign-ups. Track your gym usage and overall expenses to ensure you're getting value for your money. If your gym becomes too expensive or underused, consider switching to a cheaper option or canceling the membership altogether.

Looking for more budgeting tips? Check out our finance blogs.

Best Gyms for Your Wallet Description: A selection of popular gym chains, highlighting their affordability and key features to help you choose the best option for your budget.

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