The most important thing when buying a home gym is a one off payment and may seem exorbitant initially. However, in purchasing the equipment you would probably be parting with as much cash as you would do for a year¡¯s usage of a public gym. Furthermore, the exercise equipment is yours for life. Home gym equipment has improved drastically over the last few years. Today, a wide range is available, ranging from the traditional weight bench to the multi-station gym. To set up a gym at home, you should start by purchasing the right equipment. Home gym costs can range from $350 to more than $3,500 depending on the complexities of your home gym to be effective, the following are crucial: an apt area of space; a seven-foot barbell; a power rack; a strong bench; cast iron weights; a calf block; dipping bars; chinning bars; and a pair of dumbbells. A 7 x 10 feet area is perfect for a home gym. The power rack is an absolute must, a necessity for