Is a Hot Tub Worth the Price?

Enthusiasts will tell you that hot tubs overflow with benefits, including stress reduction and sleep quality improvement. Devotees will tell you hot tubbing is a proven way to disconnect from daily stress and dissolve the tension of the day. But buying a hot tub costs several thousand dollars. Are the benefits worth the price? 

Hot tubs are a high dollar purchase. Are they worth the money? 

According to Statista, about 15% of Americans own a hot tub, spa, or pool. At an average cost of $5 – 15k, can so many Americans afford to be wrong? Let’s dip into economics to explain why so many reasonable people choose to spend their money on hot tubs. 

woman_in_hot_tub

 

Hot tubs reduce stress. Stress costs money—$151 per year, to be precise!   

Modern life incurs stress. Between traffic jams, deadlines, childcare, and time crunches, stressors weigh on the mind, strain the nerves, and impact health. Indeed, stress is so commonplace in our lives that, by some estimates, 60 – 90% of doctor visits are for stress-related disorders. (We will use the midpoint of 75% for our calculations below.) In 2021, the average out-of-pocket cost for a primary care visit is $57*, and the average person visits a provider 2.7 times per year.  

Although stress is a normal reaction of the body to external stimuli, constant stress is harmful. It is very important to find time to disengage. Hot tubs provide that much need break from stress, stopping its harmful effects and giving the nervous system a necessary 10 – 15 minute rest.  

The table below contains projected money savings that could be realized by consistently reducing stress and cutting down on doctor visits over the 10 – 20 year life of a hot tub. 

Table 1

 

Doctor Visit Costs (U.S. Average) 

1 year 

5 years 

10 years 

20 years 

Out-of-Pocket Costs 

Number of doctor visits per year 

2.7 

2.7 

2.7 

2.7 

Out-of-pocket cost per visit for primary care 

$57 

$57 

$57 

$57 

Total out-of-pocket costs per year 

$151 

$755 

$1,509 

$3,018 

Possible Savings (estimated) 

If you eliminate 75% of multi-year cost, you save. . .  

$113 

$566 

$1,132 

$2,264 

(Calculations based on data provided by U.S. Dept. of Health and Human Services MEPS and information from The American Institute of Stress) 

 

Hot tubs reduce sleep deprivation, which costs the average American worker $1,400 annually! 

Sleep deprivation is a wellness problem linked to stress. When stressed, the body releases the hormone known as cortisol, which prevents a person from falling into deep, restful, and long sleep. The problem is so widespread that one in four Americans develops acute insomnia each year, causing mood swings, jitters, and poor performance. Worse still, chronic sleep deprivation is linked to a 13% greater risk of mortality due to increased instances of heart disease, obesity, and diabetes.  

What does sleep deprivation cost you? The problem of sleep deprivation is serious enough that some companies are paying employees to get sufficient rest. For example, the healthcare provider Aetna is willing to pay their workers up to $500 per year to get enough sleep. The U.S. Centers for Disease Control and Prevention estimate that more than $400 billion per year is sacrificed to sleep loss. For the average American worker, that’s more than $1,400 in take-home pay forfeited every year! 

Table 2 

Lack of Sleep Costs (U.S. Average) 

1 year 

5 years 

10 years 

20 years 

Workforce Population 

128.5 million 

  

  

  

U.S. Economic Cost of Lack of Sleep 

-$411 billion 

 

 

  

Cost per Worker 

-$3,198 

 

 

  

Worker Compensation (% of GDP) 

45% 

 

 

  

Lost Take-home Pay per Worker 

-$1,439 

-$7,196 

-$14,393 

-$28,786  

(Calculations based on data provided by U.S. CDC and U.S. Federal Reserve) 

Stick with the Arithmetic. The cost-benefit analysis makes sense. 

The economics support the price. A hot tub lasts 10 – 20 years and costs $5 – 10k on average. Stress is a constant part of life that costs money due to lost sleep and doctor visits. Given that consistent hydrotherapy (i.e., soaking in a hot tub) eliminates stress, let’s calculate how much money might be saved over time by cutting down on stress-related costs.  

The table below shows the cost savings that could be realized by cutting stress over the life of your tub. 

Table 3 

Estimated Savings 

1 year 

5 years 

10 years 

20 years 

Healthcare Cost Savings 

+$113  

+$566  

+$1,132  

+$2,264  

Sleep-well Cost Savings 

+$1,439  

+$7,196  

+$14,393  

+$28,786  

Total cost savings 

+$1,552  

+$7,762  

+$15,525  

+$31,050 

 

Racking Up the Savings, the Life-enhancer that Pays for Itself! 

If you use your hot tub to cut stress as outlined above, it is possible that your tub will pay for itself in good time. Taking care of yourself and your hot tub for the long haul will help ensure that your investment will continue to reward you for years to come. Plus, just imagine the feeling of utter relaxation in your body as you drift into restful, deep, stress-free dreams. Come to Black Pines Spas and check out your future hot tub today.   
 

 

Footnotes 

*2021 out-of-pocket average was obtained by adjusting +13% to allow for price inflation since the 2016 MEPS publication. 

** For simplicity, this estimate ignores +2% average annual price inflation, which would further drive up costs and yield even greater savings. 

 

Find a tub that fits your budget. No pressure.  

Here at Black Pines Spas, we love helping people connect with their own healthy lifestyle. People are different. So are hot tubs. We have dozens of models of hot tubs that can be configured in hundreds of different combinations. We strive to introduce you only to the tub that is the perfect fit for you. Here is what our customers are saying: 

“They were extremely informative, helpful and didn’t try to sell us the most expensive hot tub they had. We traveled way out of our way to see them, and I would happily do it again. I couldn’t recommend them more highly.” --Brian Bertsch 

 

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