Does anybody else a home gym?

Following on from a recent article about the cost of gym memberships and home gyms, I thought it would be interesting to hear how others have set up a home gym to save money.

I’ll start and share my set up.

I have a large shed that I have converted a portion into a home gym. Have a half cage/rack that you can do pullup’s, squats, bench etc. Also brought an Olympic bar and some plates, a bike and a boxing bag. Here is a breakdown of the cost to the best of my memory.

Rack/Cage – $299 (On special at rebel sports)
Olympic bar – $120
Bumper/weight plates – 167.5 kg @ $3.50 per kg total $586.25 ( don’t need anywhere near this amount of weight, a couple of years ago I imported 1,000 kg and onsold about 900kg worth).
Spin bike – $250 (cheapy of eBay but does the job)
Boxing bag – $130 (another cheapy of eBay)
Flooring – 6 square meters of rubber flooring at $30 per/sqm Total $180
Folding bench – $150
Weighted vest – $100

Total – $1,815.25 (Approximate).

I didn’t buy all this equipment at once and have accumulated it over a couple of years and could have saved money if I brought it used. I can do everything I like with it as I never really used the machines in the gym. The only thing I would like to add is a treadmill as my area don’t have street lights and footpaths so it’s not good to run at night.

I haven’t paid for a gym membership in three years so have saved a few grand on fees and I’m lucky that I prefer working out at home.

Here is the original article:

Gym membership costs, are they worth it?