Peloton Bike Prices

A new Peloton Bike costs $1,445, and a Peloton Bike+ costs $2,145. Both prices are for the bike itself. You will also need to pay a monthly subscription to use the classes and features — that runs $44 per month for a standard membership or $14 per month if you own the bike outright and want access only to the app on your phone or tablet.

Peloton also sells used bikes through their official refurbished program, which can cost between $800 and $1,200 depending on condition and model year. You can find secondhand bikes on Facebook Marketplace, Craigslist, and eBay for less, though you lose any warranty or return may provide.

Delivery and setup are included in the purchase price for new bikes ordered directly from Peloton. If you buy used or from a third-party seller, you will need to arrange and pay for delivery yourself, which typically costs $100 to $300 depending on your location.

Key Takeaways

  • The standard Peloton Bike costs $1,445 and the upgraded Bike+ costs $2,145, with both requiring a monthly subscription to access live and on-demand classes.
  • A monthly membership costs $44 if you want full access to classes and features, or $14 per month for app-only access on a phone or tablet.
  • Used Peloton bikes from the official refurbished program range from $800 to $1,200 and come with a warranty, while secondhand bikes from private sellers are cheaper but offer no protection.
  • Delivery and professional setup are included when you buy directly from Peloton, but you pay extra if you purchase from a reseller.

The Difference Between the Standard Bike and the Bike+

The main hardware difference is the screen. The standard Bike has a 21.5-inch touchscreen, while the Bike+ has a 23.8-inch screen that rotates so you can do off-bike workouts like strength training and yoga without moving the bike. The Bike+ screen is also brighter and has better color accuracy.

The Bike+ also includes automatic resistance adjustment — the bike can increase or decrease the resistance on its own during a class if you choose that feature. The standard Bike requires you to turn the resistance knob manually. Both bikes have the same pedal system, seat, and handlebars, and both connect to the same class library and community features.

For most people, the standard Bike is sufficient. The Bike+ makes sense if you plan to do a lot of non-cycling workouts or if you strongly prefer not to manually adjust resistance during rides.

What the Monthly Subscription Includes

The $44 monthly membership gives you access to live classes (which run throughout the day), thousands of on-demand classes you can take anytime, the ability to compete with other riders on the leaderboard, and access to your workout history and metrics. You can also create a profile, follow friends, and join groups based on your interests or fitness level.

The $14 app-only membership lets you stream classes on your phone, tablet, or computer, but you cannot use the bike's screen to take classes. This option is useful if you own the bike outright and want to keep your subscription cost low, or if you want to do off-bike workouts without paying full price.

Peloton occasionally runs promotions that bundle a discounted subscription with a bike purchase — for example, three months free with a new bike. These deals change throughout the year, so check the Peloton website when you are ready to buy.

Additional Costs to Budget For

Beyond the bike and subscription, most riders buy cycling shoes with cleats that clip into the pedals. Peloton sells their own shoes for around $125, but you can use any cycling shoes with SPD-compatible cleats, which are available from other brands for $60 to $100. If you prefer to ride in regular sneakers, Peloton sells toe cages that attach to the pedals for about $35.

A mat to place under the bike costs $30 to $60 and protects your floor from sweat and vibration. Some people also buy a small fan ($30 to $80) to stay cool during intense rides, or a water bottle holder ($15 to $25) if the bike's built-in cup holder does not suit your setup.

None of these add-ons are required, but most riders find at least the shoes and mat worth the investment. Budget an extra $150 to $250 if you want to set yourself up comfortably from the start.

How Peloton Financing Works

Peloton offers a financing option through Affirm that lets you spread the bike cost over 12, 24, or 36 months with no interest if you pay on time. The monthly payment for a standard Bike over 36 months would be around $40 per month, on top of your $44 subscription fee. Interest rates vary based on your credit, so you will see the exact rate before you commit.

Some credit cards also offer promotional financing for large purchases — check whether your card has a 0% offer for 12 or 18 months. This can be cheaper than Affirm if you can pay off the balance within the promotional period.

Financing makes sense if you want to test whether you will actually use the bike before committing the full amount upfront. However, keep in mind that you are locked into the monthly subscription cost on top of the bike payment, so the total monthly expense can add up quickly.

Comparing Peloton to Other Indoor Cycling Bikes

Peloton is the most expensive mainstream option, but other brands offer similar bikes at different price points. Echelon bikes start around $800 and include a screen and classes. NordicTrack bikes range from $600 to $1,500 depending on the model. Bowflex C6 bikes cost around $600 and work with the Peloton app if you pay the subscription separately.

The main advantage of buying a Peloton is the community and the quality of the classes — the instructors are well-known and the production value is high. If you are primarily interested in the workout and do not care as much about the community aspect, a less expensive bike paired with the Peloton app subscription might save you money.

Before you decide, think about whether you want the Peloton brand experience or whether you are mainly looking for a stationary bike that works with a fitness app. That answer often determines whether the higher price is worth it for your situation.

Frequently Asked Questions

Can I use the Peloton app without buying a Peloton bike?

Yes. The Peloton app costs $14 per month and works on any stationary bike, or even without a bike for off-bike workouts like strength training and yoga. Many people use the app with a less expensive bike from another brand to save money on the hardware.

Do I have to pay for the subscription every month?

You can pause your subscription for up to three months at a time, which stops the monthly charge without canceling your account. If you cancel entirely, you lose access to classes and your workout history, though you can reactivate later. The bike itself works without a subscription, but you cannot access any classes or features.

What happens if I buy a used Peloton bike?

Used bikes from Peloton's official refurbished program come with a one-year warranty and a 30-day return window. Bikes from private sellers have no warranty unless the seller offers one. Either way, you still need to pay the monthly subscription to use the classes — the subscription is tied to your account, not the bike.

Are there any hidden fees when I buy a Peloton?

Delivery and setup are included in the advertised price if you order from Peloton directly. Sales tax applies depending on your state and location. If you finance through Affirm, you pay interest only if you miss a payment or choose a plan with interest. No other mandatory fees are added after purchase.

Can I return a Peloton bike if I change my mind?

Peloton offers a 30-day return window for new bikes purchased directly from them. You pay a $250 restocking fee and are responsible for return shipping, which typically costs $100 to $300. Used bikes from the refurbished program also have a 30-day return window with the same restocking and shipping fees.