The job market for personal fitness instructors is expected to grow faster than the average for all other occupations between now and 2026.
Are you new to becoming a personal trainer? Are you figuring out your pricing structure to maximize business and your personal trainer salary?
Do you want your name to come up when someone asks:
- "Who is the best personal trainer near me?"
- "How much do personal trainers cost?"
Setting the right personal training rates is essential, and it can be tricky. Read on to learn how to set your personal training rates.
Setting Your Personal Training Rates
1. Know Your Worth
Multiple factors that will decide how much you can and should charge for your personal training services include:
- How much experience do you have?
- What qualifications do you have?
- How many people have you worked with so far?
- Are your clients pleased with their results?
- Where are you located?
- Are you targeting in person and/or online clients?
These are just a few questions you should ask from yourself to identify where you sit on the market.
2. What are Your Personal Costs?
- How much money do you need to make to pay your bills and live comfortably?
- How much money do you spend on the job for clothing, rental space, insurance, advertising and continuing education?
- Don't forget the government's take. Factor in what you'll pay in taxes.
- How many hours of work you need to put in to design and deliver programs that get results for your clients?
Understanding your numbers is vital, so you know the minimum you need to earn to stay passionate about the profession.
Recommended Course: Money and Finance
3. Investigate What Others in Your Area Charge
Visit other gyms and studios. Look at websites of personal trainers in the area. Shop around to see what others are charging.
If you aim to conquer the online space, find out who else is out there offering the same or similar services in your niche. It will help you understand how hard you need to work on your marketing strategy to get your name out there, but you will also learn how much you can charge for your skills and expertise.
Recommended Resource: Online PT Price Calculator (accessible with a free iPT Membership)
4. Consider the Demographics
Factor in the cost of living. In areas where the cost of living is pretty high, trainers can charge $100 to $200 per hour. When the average cost of living is lower, you can expect to charge between $40 and $60 per hour.
Another important aspect is the age of the population you are targeting. 20 years old youngsters will be in a completely different financial situation than established high performing professionals 35+. Assess your business plan so you know what you can expect.
Different Approaches to Pricing
This type of pricing is recommended for those with a proven track record and established clients. You set one price, usually per hour, and it does not change for any reason such as location or equipment used.
This type of pricing allows you to charge different amounts based on certain factors. These factors include the client's goals and timeline.
Other factors such as gym fees, travel time and expenses, and equipment costs come into play.
An example would be if a client wants you to travel to their home if you are an in-home trainer. Besides your usual hourly rate, you will incur costs in travel and in time that takes you to get there and back. You would work those costs into what you would charge.
You can bundle your services into packages or charge a certain amount for a certain number of sessions. When they run out, your clients can renew.
You can also create a monthly rolling service, which means they pay the same amount every month and what's included will depend on your agreement with the client. Online trainers tend to choose this route because online fitness coaching is continuous and can't be priced by sessions.