How Much Money Americans Spend For Gym Memberships
America is a country that can be very obsessed with health issues. In some cases, this means sickness and disease, with people striving to find cures. In many cases, though, it just refers to general health. People want to be in good shape. They want to be healthy and athletic. There are many reasons for this, but a main one is the way that Americans tend to view professional athletes. People put these athletes up on a pedestal, and then they strive to be like them. Much of the food that is commonly consumed is not very healthy, so people turn to exercise to get into great shape.
Recent studies have shown that up to 15% of all of the people in America have gym memberships. This percentage doesn’t reflect usage, of course!
Only 8%! of people who have memberships actually USE THEM!
The average cost of a gym membership as of 2012 is $55. Typically, people tend to go twice a week, which comes out to eight times per month. At this rate, they are paying $6.88 for each visit to the gym. Of course, those who go three or even four times a week are getting a better deal in terms of payment for usage. However, skipping two nights at the gym every month will cause you to waste around $14 a month.
Over the course of an entire year, the average American spends about $660 on a gym membership. There are 311,591,917 people in America, with 15% holding memberships that mean that the nation spends around $2.6 BILLION! per year on gym memberships. For the monthly price, it may be more cost-effective to pay for a treadmill and work out at home. Even a $600 treadmill will pay for itself in under a year.
If you are still interested in crunching numbers. Remember 8%? Well this means that We waste $2.4 BILLION on gym memberships every year. The true reason for this waist in money is due to contracts and lack of motivation.
About the Guest Author
Jack Holland has been writing about exercise and economic changes for the past five years. For those who want to stay fit and healthy but wanted to avoid the high cost gym membership, he encourages them to try a treadmill from Proform.com and do their work-outs at home.