More than $12 billion is spent every year in the U.S. on unused gym memberships, according to Medical News Today. And with more than 40 million Americans now being gym members, gyms are getting more crowded and it's not surprising that many people are looking to move away from commercial gyms and set up a place to exercise in their own homes. But with so many options available, it can be difficult to decide where to start.
Purpose
You need to decide on what your goals are and what you want in your gym. If your aim is to get bigger and stronger, then you will want some weights. Your best option would be free weights, as these are far more versatile and affordable than weight machines. However if your goals are based more on fitness and weight loss, then a set of kettlebells, a rowing machine and a punch bag may be more suitable.
Space
Space is a very important aspect to consider. If you're setting up your gym in a room in your house or your garage, then it's likely that space will be limited. For this reason, it's advisable to avoid purchasing large bulky machines, which will take up a lot of space, and only have a single function. Opt instead for smaller items with a wider variety of use. A set of kettlebells is extremely versatile and does not take up much space. According to strength coach Mike Mahler, kettlebells are extremely effective for fat loss, strength training and fitness.
Price
You need to know your budget for your home gym. Bear in mind that a gym membership may cost you upwards of $500 per year, it may be of use to spend at least that much to buy suitable equipment for your home. Again, avoiding expensive items like treadmills and stationary bikes is advisable, as it is much cheaper to simply go out for a run, or purchase a second-hand bicycle.
Equipment Quality
In an ideal world, it would be possible to buy completely brand new state of the art exercise equipment, but unfortunately due to cost, this is an unlikely luxury. Remember that you will want this equipment to last you for years, so if your budget allows don't always choose the cheapest options, as quite often, these will be poorly made, and will not last very long at all. Instead, visit gyms that are closing down, garage sales and online auctions to try to pick up good quality second-hand equipment at a reduced price.
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