Bicycle prices range from very cheap to the price of a small car. That makes it hard to know what a fair price is for a first bike. Prices also vary by country, currency and season, so instead of quoting exact numbers this guide explains what you get at each level and how to budget wisely.
The price tiers
| Tier | What you usually get | Good for |
|---|---|---|
| Budget (supermarket or very cheap online) | Heavy steel frame, basic parts, often poorly assembled | Very occasional short rides |
| Entry-level (bike shop) | Aluminium frame, reliable gears and brakes, assembled and checked by a mechanic | Beginners and regular commuting |
| Mid-range | Lighter frame, better gears, often hydraulic disc brakes | Keen riders and longer rides |
| Premium and carbon | Very light, high-end components | Racing, performance and enthusiasts |
Why the cheapest bike can cost more
Very cheap bikes often arrive with poorly adjusted brakes and gears, use low-quality parts that wear quickly and are heavy enough to make riding feel like hard work. Repairs can quickly cost more than the saving. A basic bike from a reputable shop is usually a better long-term buy.
The hidden costs
A common rule of thumb is to budget an extra 15 to 25 percent of the bike’s price for the things you need to ride safely.
- Helmet
- Front and rear lights
- Strong lock
- Pump and basic repair kit
- Water bottle and cage
- Mudguards, a rack or a bell if you commute
- First service after a few weeks, when cables settle in
Ongoing running costs
Cycling is cheap to run, but not free. Expect to replace tyres, brake pads, chains and cables over time, and to pay for an annual service. Our maintenance checklist shows what you can do yourself to keep costs down.
How to save money wisely
- Buy last season’s model, which shops often discount
- Consider a good second-hand bike, using our inspection checklist
- Look for shop sales at the end of summer
- Ask whether the shop includes a free first service
- Spend more on fit and quality, and less on fashion and gadgets
Remember: a bike that fits properly and is serviced regularly will always feel better than a more expensive bike that is neglected.
What about electric bikes?
E-bikes cost more upfront, but some riders save on fuel, parking and public transport. See our e-bike explainer before you decide.
Final thoughts
Decide your total budget first, including the extras, then look for the best bike that fits within it. A reliable entry-level bike from a good shop beats a bargain that you will not enjoy riding.
This guide is for general information only. Bikes, prices and local rules differ, so check your bike manual and local regulations, and see a qualified mechanic for safety-critical repairs. If you have a health concern, speak to your doctor before starting a new exercise routine.
