A hot tub can be a terrific addition to any home. You will be able to use it for relaxing, entertaining guests, and even getting a quick massage.
If you have space to spare on your property, having a hot tub placed there would be a great idea.
Of course, available space is not the only consideration that matters here. For many homeowners, the bigger barrier is the actual cost.
In this article, we will focus on all matters pertaining to outdoor hot tub prices. We will highlight certain factors that could make a difference if you are trying to buy a new home spa at a lower price. We will also discuss how much it will cost to operate one long-term.
How Quality Affects Hot Tub Prices
The main factor that affects pricing is the quality of the item itself. As you would expect, the higher quality tubs are on the high end of the pricing bracket while those that are not quite on the same level are more affordable.
Retirement Living divides the type of tub into four different pricing brackets.
Entry-Level Hot Tubs
First off, you have what is known as the entry-level tubs. These are often rotationally molded with a matte finish. They are not flashy, and the jets are weak, but they still deliver a decent approximation of the soothing experience you expect to receive from a hot tub.
Entry-level tubs can approach nearly $7,000 in purchase price.
Value-Priced Hot Tubs
A step up from your entry-level tubs is the value-priced options. This time around, the jets are stronger, and the exterior of the tub may even be fashioned out of wood. Some of the tub’s interior components may not last that long, however.
Value-priced tubs usually fall in the range of $7,000 to $9,000.
Premium Hot Tubs
If you want powerful jets, flashy interior lighting, and advanced control features, then you will likely be interested in purchasing a premium tub. Along with those high-end features, premium tubs are also lauded for being energy efficient. Your electric bill will not skyrocket if you opt for this kind of purchase.
To get a premium tub for your home, expect to spend somewhere in the range of $10,000 to $13,000.
Luxury Hot Tubs
Last up, we have luxury options. These are the tubs that come loaded with all the newest features, the most powerful jets, and they look very stylish as well. Arguably the best part about owning luxury tubs though is that they are a breeze to maintain because of their built-in features.
For those considering a luxury hot tub, they are usually priced at $13,000 and go higher from there.
How Size Affects Hot Tub Prices
The size of the unit will also play a huge role in determining its final price.
According to Home Advisor, the tubs designed for two to three people are priced somewhere in the range of $2,000 to $7,000. If you are talking about 4-5 person tubs, then the price range moves up to $2,000 to $12,000. 6-7 person tubs have a similarly large range, going from $3,000 all the way up to $15,000.
The big tubs capable of hosting up to 10 people are usually priced in the range of $5,000 to $20,000.
In-Ground or Above-Ground
One more factor that can affect how much you can expect to pay is whether it is an in-ground or above-ground model.
You can save more by installing an above-ground tub. You can get above-ground spas for $2,000 and they do not cost that much to get professionally installed.
In-ground models are typically more expensive. You will likely have to set aside at least $10,000 to have your new hot tub installed.
What Is the Average Cost of Adding a Hot Tub to Your Home?
The average cost of adding a new tub to your home is right around $6,000. You are likely looking at an entry-level tub at that price and if you want it installed in the ground, it will have to be on the lower end of the price range for the entry-level options.
Those looking to save as much money as they can on their purchase can add an above-ground spa to their home for around $2,000.
Now, if you are looking to splurge, there are models that approach $30,000 in terms of price. Add installation costs to that and you could spend close to $35,000.
How Much Will It Cost to Operate a Hot Tub Long-Term?
The monthly operating cost of your tub depends on what model you are using.
Older models that are not equipped with energy-efficient components can be a bit costly. They may add as much as $50 to your monthly electric bill assuming normal usage.
The newer models outfitted with the energy-efficient features may cost less than $1 per day to operate. At the end of the month, they may only add about $23 to your electric bill.
Adding a new hot tub to your home does not necessarily have to be a bank-breaking expenditure. With the wealth of options available, you should be able to find a tub that works for your home and makes sense for your bank account. Allow us at Ajax Pool & Spa Aspen to help you find that hot tub by getting in touch with us today.
