(So much so that the company introduced a second model-the Bike+, an upgraded version of the original-in September 2020. People who love the Peloton love the Peloton. If you have never considered a Peloton but are unsure whether an indoor-cycling class at the gym or a studio appeals right now, you may be weighing all your at-home options. Namely, those who typically take four or more Peloton-like studio classes a week may find the at-home bike and classes to be a superior value in as few as four months. But for a set of indoor-cycling devotees, these recurring costs for live-streaming and on-demand classes make financial sense. Becoming a member of the Peloton pack is an investment: roughly $2,000 for the first year and nearly $500 each year thereafter. If you thrive on the competition and camaraderie of studio cycling classes and are intrigued by the idea of replicating that experience at home-where many people have moved their workouts these days-a Peloton Bike could be for you.