If you’re looking to bring a high-energy spin class into your home, your first question is probably about the price. How much does the Peloton exercise bike cost? The answer isn’t as simple as a single number, as the total price depends on the model you choose, the accessories you need, and the ongoing membership.
This guide breaks down every cost involved, from the bike itself to delivery and monthly fees. We’ll look at the different models available and help you understand what you’re really paying for, so you can make a smart decision for your budget and fitness goals.
How Much Does The Peloton Exercise Bike Cost
The current core Peloton Bike model starts at $1,445. The premium Peloton Bike+ starts at $2,495. These are the base prices for the equipment only. Your final total will include taxes, delivery and setup fees, and any extra accessories you select.
It’s important to think of the cost in three parts:
* The upfront hardware cost (the bike itself).
* The one-time additional costs (delivery, shoes, mat, etc.).
* The ongoing monthly subscription for classes.
Breaking Down the Peloton Bike Models & Prices
Peloton offers two main stationary bike models. Here’s a detailed look at each.
Peloton Bike Original Price & Features
The original Peloton Bike is the more affordable entry point. It’s a solid, well-built bike designed for the Peloton digital ecosystem.
* Base Price: $1,445.
* Key Features: You get a 21.5″ HD touchscreen that rotates, front-firing speakers, and a basic resistance knob. It connects via Bluetooth and has a USB port.
* Best For: Riders who want the classic Peloton experience without the premium features of the Bike+. It’s a fantastic bike for beginners and regular riders alike.
Peloton Bike+ Price & Upgrades
The Bike+ is the newer, high-end model with several key upgrades that justify its higher cost.
* Base Price: $2,495.
* Key Upgrades:
* A larger 23.8″ screen that swivels automatically.
* “Auto-Follow” resistance that adjusts automatically in certain classes.
* Improved sound with rear-facing speakers.
* A more advanced resistance knob and a better overall feel.
* Best For: Tech enthusiasts, multi-user households where others might do strength training off the bike, and riders who want the most immersive and convenient experience.
One-Time Additional Costs to Consider
The advertised price isn’t the whole story. You need to factor in these essential add-ons.
Delivery & Setup: Peloton charges a non-negotiable fee for professional delivery and assembly. This is typically $250, but it can vary slightly by region. They will set the bike up in your chosen room and make sure it works.
Essential Accessories:
You can technically use your own, but Peloton’s are designed to integrate seamlessly.
* Shoes: Peloton uses Look Delta cleats. Their shoes cost around $125-$150.
* Exercise Mat: To protect your floor from sweat and vibration. Expect to pay about $75-$100.
* Weights: For arms intervals in classes. A set of 1-3 lb weights are often sold separately for around $35.
The Monthly Membership: Peloton All-Access
To get the full Peloton experience—the live and on-demand classes, the leaderboard, and your personal metrics—you need the All-Access Membership. This is a critical part of the cost equation.
* Cost: $44 per month.
* What it Includes: Unlimited access to all Peloton class types (cycling, strength, yoga, meditation, etc.) on your bike. It also allows profiles for everyone in your household at the same address.
* Important: Without this subscription, your bike’s screen becomes a simple “Just Ride” mode with minimal metrics. The membership is where the community and coaching truly live.
Financing Options: Affirm & Peloton
Peloton makes its bikes more accessible through financing partner Affirm. This allows you to pay for the bike over time.
* How it Works: At checkout, you can select Affirm. You’ll see your personalized payment plan.
* Typical Terms: You might see offers like 0% APR for 24-39 months, depending on your credit. This can bring the monthly payment for the Bike down to around $40-60, plus your $44 membership.
* Tip: Always read the terms carefully to understand the total amount you’ll pay and any potential interest.
Step-by-Step: Calculating Your Total First-Year Cost
Let’s do the math for a typical setup so you see the full picture.
1. Choose Your Bike Model. Let’s say you pick the original Peloton Bike: $1,445.
2. Add Delivery & Setup. Standard fee: +$250.
3. Add Essential Accessories. Shoes and a mat: +$200 (estimate).
4. Calculate Sales Tax. This varies, but let’s estimate 7% on the bike and accessories: +$133.
5. Total Upfront Cost: $1,445 + $250 + $200 + $133 = $2,028.
6. Add First Year of Membership: $44/month x 12 months = +$528.
7. Estimated First-Year Total Investment: $2,556.
For the Bike+, your first-year total would be closer to $3,500-$3,800.
Where to Buy a Peloton Bike
You have a few options, and sometimes you can find deals.
* Peloton’s Official Website: The main source for new bikes, full warranties, and current promotions.
* Peloton Retail Stores: You can try the bikes in person at many mall locations.
* Secondhand Markets (Facebook Marketplace, Craigslist): You can often find used bikes for less. Crucial cautions:
* Check the manufacturing date. Older bikes may have outdated hardware.
* Ensure the bike is not locked for non-payment (Peloton can remotely disable it).
* You’ll need to arrange your own transport and setup.
* The seller must transfer the membership to you properly.
Is the Peloton Bike Worth the Cost?
This is the big question. The value depends entirely on your habits and preferences.
It’s likely worth it if:
* You enjoy group fitness and need motivation.
* You prefer working out at home for convenience.
* You’ll use other class types like strength or yoga.
* The convenience of the all-in-one system appeals to you.
You might reconsider if:
* You only ride occasionally.
* You prefer silent, self-guided workouts.
* The ongoing monthly fee feels like to much of a burden.
* You’re on a very tight budget and the upfront cost is prohibitive.
Comparing Peloton to Other Bike Options
Peloton isn’t the only game in town. Here’s a quick comparison.
* DIY Bike with iPad: Buy a cheaper “spin” bike (like from Sunny Health) and use the digital Peloton app ($24/month) on a tablet. Upfront: $500-$800 bike + tablet. Monthly: $24. Downside: No leaderboard or output metrics on screen.
* NordicTrack Bikes: Direct competitors with iFit technology. Prices are similar, often with lower monthly fees. The content style is more scenic and global adventure-focused.
* Echelon Bikes: Often more affordable with a similar equipment+subscription model. They offer a wide range of price points.
Tips for Saving Money on Your Purchase
You don’t always have to pay full price. Keep an eye out for these opportunities.
* Holiday Sales: Major holidays like Black Friday, Memorial Day, and New Year’s often feature discounts of $100-$300 on the bike or packages.
* Referral Program: If you know a current Peloton member, they can give you a code for $100 off accessories.
* Certified Refurbished: Peloton sometimes sells refurbished bikes directly at a discount, with a warranty.
* Bundle Deals: Look for packages that include shoes, weights, and a mat for a slightly reduced overall price compared to buying each seperately.
Frequently Asked Questions (FAQ)
What is the monthly cost for Peloton?
The required All-Access Membership is $44 per month. If you finance the bike itself, that’s an additional monthly payment.
Can you use Peloton without the subscription?
Yes, but in a very limited “Just Ride” mode only. You won’t have access to any classes, which is the main point of the bike.
Are there any hidden fees with Peloton?
The main costs are clear: bike price, delivery, accessories, tax, and membership. Some are surprised by the delivery fee, but it’s always stated before checkout.
Does Peloton offer a military or first responder discount?
Yes, Peloton offers a discount for active military, veterans, nurses, doctors, and other first responders. You need to verify your status through a partner portal.
What is the warranty on a Peloton bike?
The frame has a 5-year warranty. Parts, labor, and the touchscreen are covered for 12 months. The Bike+ has a 3-year extended warranty on the frame.
Is the more expensive Bike+ worth it?
It depends. If you’ll use the swivel screen for off-bike workouts frequently or really want the Auto-Follow resistance, it can be. For many, the original Bike is perfectly sufficient and a better value.
Ultimately, asking how much does the Peloton exercise bike cost leads to a broader conversation about value. It’s an investment in your health and convenience. By understanding all the layers of the cost, from the initial splurge to the monthly commitment, you can decide if it’s the right fit for your home and your wallet. Take your time, consider the alternatives, and choose the path that gets you riding consistently.