How Much Does Peloton Membership Cost?
Last Updated on October 8, 2024
Written by CPA Alec Pow | Content Reviewed by CFA Alexander Popinker
Peloton has spearheaded a fitness revolution with its sleek equipment and immersive workout classes streamed to the home. But what exactly does a Peloton membership cost for access to its coveted library of cycling, treadmill, strength training, yoga, and more?
This guide examines the differences between Peloton’s two membership tiers, key factors that affect pricing, cost comparisons to competitors, and tips to potentially save on your ideal Peloton membership plan.
How Much Does Peloton Membership Cost?
Peloton Membership costs between $12 and $44 per month for the app alone, with equipment purchases costing between $295 to $2,845. Here is how the pricing breaks down:
Monthly/Annual Cost
- Peloton All-Access: $44/month with 12 month commitment
- Peloton Digital: $12.99/month or $129/year prepaid
With Equipment Purchase
- Peloton Bike: $1,445 + All-Access membership
- Peloton Bike+: $2,495 + All-Access membership
- Peloton Tread: $2,845 + All-Access membership
- Peloton Guide: $295 + All-Access Membership
Purchasing Peloton equipment requires the pricier All-Access membership to activate integrated hardware features like automatic metric tracking.
Table: Peloton Membership Pricing
Membership Plan | Monthly Cost | Annual Cost |
---|---|---|
All-Access | $44 | $528 |
Digital | $12.99 | $129 |
According to CNET, the All-Access membership, which is required for using Peloton bikes, costs $44 per month. This membership allows users to create up to 20 profiles, making it suitable for families sharing a single bike.
As reported by NerdWallet, the All-Access membership also provides access to a wide range of classes beyond cycling, including strength training, yoga, and more. The article notes that the monthly fee for this membership is $44, and it can be canceled at any time.
According to the official Peloton website, there are different app membership options available. The basic Peloton App membership costs $12.99 per month, which allows access to a limited selection of classes. For more comprehensive access, users can opt for the Peloton App+ at $24 per month, which includes additional features and unlimited classes.
In an article by Reddit, users discussed recent changes in Peloton’s membership pricing. The new tier structure indicates that the full access membership will be priced at around $25 per month starting in December, while a lower tier will cost approximately $13 per month for limited access.
Peloton Membership Options
Peloton offers two core membership plans:
Peloton All-Access Membership
- Cost: $44/month with annual commitment
- Access to full class library with Peloton equipment integration
- Live and on-demand classes across disciplines
- Multiple user profiles per household
Peloton Digital Membership
- Cost: $12.99/month or $129/year
- App-based access without Peloton equipment
- Same class content library as All-Access
- Single user profile
Reviewing what is included with each allows selecting the optimal plan based on your fitness needs and budget realities.
Features of Peloton Memberships
Peloton All-Access Membership Includes:
- Seamless use with Peloton Bike, Bike+, Tread, Row, and Guide equipment
- Integration with hardware performance metrics and tracking
- Motivating leaderboard features to compete with other members
- Ability to stack classes and create customized workout collections
- Access for every household member with multiple user profiles
Peloton Digital Membership Provides:
- Use on any device – smart TV, mobile, tablet, computer
- Identical class content library as All-Access without equipment integration
- Convenient flexibility to use anywhere, no bike/tread ownership required
- Single user profile, not designed for multi-member households
- Option to use separate fitness tracking apps alongside
Both memberships provide unlimited access to Peloton’s entire online class library of cycling, strength, HIIT, yoga, meditation, stretching, and more on-demand workouts.
You might also like our articles on the cost of iFIT, Mindbody, or Aaptiv.
Peloton vs Other Fitness App Memberships
Here is how Peloton membership pricing compares to competitors:
Apple Fitness+
- Cost: $9.99/month or $79.99/year
- Robust fitness class library for iOS devices
- No equipment required
- Single user profile
iFIT (NordicTrack)
- Cost: Starts at $15/month or $396/year with equipment purchase
- Interactive classes integrated with NordicTrack machines
- Leaderboard and performance tracking
Echelon
- Cost: $34.99/month for unlimited classes
- Classes available on proprietary Echelon equipment
- Single user profile
While Peloton requires a pricier subscription, it remains the premium interactive workout experience.
Factors Influencing Membership Costs
Several variables determine the pricing tiers between Peloton’s membership offerings:
- Equipment Integration – All-Access enables bike/tread metrics tracking and calibration
- Household Access – All-Access allows unlimited household member profiles
- Billing Cycle – Digital is $129/year prepay versus $12.99/month
Analyzing your family’s fitness needs helps identify the ideal membership plan.
Additional Costs
Beyond the monthly membership charges, additional expenses contribute to the total cost of Peloton ownership:
- Bike/Tread Financing – Bike plans start at $42/month, Tread at $84/month over several years
- Accessories – Shoes, weights, heart rate monitor, etc. around $200-$300+
- Apparel and Equipment – Peloton branded workout apparel, gear, and accessories from $60-$150+ per item
- Taxes – Sales tax on equipment, accessories, and membership fees depending on state
Factor in these supplementary costs when budgeting for a Peloton fitness investment. The membership fee is just one piece of the overall expense.
Reduce Peloton Membership Costs
While Peloton commands a premium price, you can take these steps to minimize expenses:
- Use All-Access family sharing features without needing multiple memberships
- Start with the 30-day risk-free trial period to gauge if Peloton is a good fit
- Pay annually upfront for the Digital Membership to save $26 versus monthly
- Stick with Digital if not planning to purchase Peloton equipment
- Apply any Peloton promo codes and seasonal membership sales
Finding ways to maximize value from the ideal Peloton membership tier helps control ongoing costs.
Features of Peloton Memberships
More than just digital class content, Peloton memberships provide:
- Motivating leaderboard with live competition against other members in your class in real-time.
- Gamification with achievements, milestones, badges, and records to beat.
- Community with a social feed to share progress, motivate each other, build friendships.
- Convenience of scheduled class programs and collections for variety.
For devoted fitness enthusiast, these features help justify the membership expense.
Cost Benefit Analysis
While pricier than competitors, Peloton offers significant benefits:
- Smooth equipment integration and tracking with All-Access
- Production quality on par with in-studio fitness classes
- Celebrity partnerships and artist music series rides
- Class variety from 5 to 120 minutes across disciplines
- Engaging social experience unlike traditional home gyms
For many, the immersive Peloton fitness experience warrants the premium membership cost. Just be sure to use your membership consistently to realize the full value.
Final Words
Peloton provides consumers world-class interactive home fitness with a choice between feature-packed All-Access or flexible app-based Digital membership plans. Carefully weigh your household’s fitness needs, motivational requirements, and budget realities to identify the optimal Peloton membership tier.
With consistent use driven by All-Access leaderboard competition or Digital class variety, the membership cost delivers results and community unmatched by alternatives. Use this comprehensive pricing guide to make the membership decision that brings joy, health, and value to your life over the long run.
Answers to Common Questions
Can you finance just the Peloton membership without equipment?
No, Peloton membership itself cannot be financed or paid in installments alone. You must purchase Peloton equipment like a Bike or Tread to qualify for their 0% interest financing programs, which spread out the equipment cost over monthly payments.
The membership itself must be paid monthly at $44 for All-Access or $12.99 per month for Digital without any financing options. Only the equipment purchase is eligible for Peloton’s payment plans.
Is it possible to share a Peloton Digital membership?
The Peloton Digital membership only allows a single user login. So each family member wanting to use the Peloton app needs their own separate Digital membership.
The pricier All-Access membership is designed for sharing within a household, supporting multiple user profiles under one $44 monthly subscription. This allows using a single Peloton Bike login amongst family members with unique workout histories, progress, social profiles, and logins.
Can I pause my Peloton membership temporarily?
Peloton does not currently offer an option to temporarily pause or freeze your membership. You must actively cancel it if needing an extended break, forfeiting access during that period.
If you later decide to rejoin, you would pay a pro-rated membership charge before resuming the normal monthly billing cycle. Some exceptions exist for military deployment or medical reasons on a case-by-case basis. But otherwise Peloton memberships cannot be actively paused while retaining access.
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